NACCO Industries (NC) to Release Earnings on Wednesday

NACCO Industries (NYSE:NC) will post its quarterly earnings results after the market closes on Wednesday, July 31st. Individual that wish to register for the company’s earnings conference call can do so using this link.

NACCO Industries (NYSE:NC) last released its earnings results on Wednesday, May 1st. The company reported $0.61 earnings per share (EPS) for the quarter. NACCO Industries had a positive return on equity of 2.79% and a negative net margin of 18.68%. The business had revenue of $53.29 million during the quarter.

NACCO Industries Stock Down 3.2 %

Shares of NYSE NC opened at $29.89 on Tuesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.33 and a quick ratio of 2.14. The stock has a market capitalization of $222.64 million, a PE ratio of -5.49 and a beta of 0.98. NACCO Industries has a one year low of $27.26 and a one year high of $38.66. The business’s fifty day moving average price is $30.94 and its 200-day moving average price is $31.70.

NACCO Industries Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Friday, May 31st were paid a $0.2275 dividend. This represents a $0.91 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date of this dividend was Friday, May 31st. NACCO Industries’s dividend payout ratio is currently -16.73%.

Insiders Place Their Bets

In other NACCO Industries news, SVP Thomas A. Maxwell sold 1,034 shares of the business’s stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $32.03, for a total transaction of $33,119.02. Following the sale, the senior vice president now owns 7,800 shares of the company’s stock, valued at approximately $249,834. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 41.26% of the company’s stock.

About NACCO Industries

NACCO Industries, Inc, together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies.