CONSOL Energy Inc. (NYSE:CEIX) Short Interest Update

CONSOL Energy Inc. (NYSE:CEIX) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 1,760,000 shares, an increase of 55.8% from the August 15th total of 1,130,000 shares. Based on an average daily volume of 442,400 shares, the short-interest ratio is presently 4.0 days. Currently, 6.1% of the company’s stock are sold short.

Insider Buying and Selling

In other CONSOL Energy news, CEO James A. Brock sold 1,700 shares of the firm’s stock in a transaction on Thursday, June 27th. The stock was sold at an average price of $99.55, for a total transaction of $169,235.00. Following the transaction, the chief executive officer now directly owns 529,487 shares in the company, valued at approximately $52,710,430.85. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.10% of the stock is owned by company insiders.

Institutional Trading of CONSOL Energy

Large investors have recently modified their holdings of the business. Parallel Advisors LLC lifted its position in CONSOL Energy by 101.4% in the 4th quarter. Parallel Advisors LLC now owns 298 shares of the company’s stock worth $30,000 after buying an additional 150 shares during the last quarter. Blue Trust Inc. lifted its position in CONSOL Energy by 2,931.3% in the 2nd quarter. Blue Trust Inc. now owns 485 shares of the company’s stock worth $49,000 after buying an additional 469 shares during the last quarter. CWM LLC lifted its position in CONSOL Energy by 70.7% in the 2nd quarter. CWM LLC now owns 531 shares of the company’s stock worth $54,000 after buying an additional 220 shares during the last quarter. EntryPoint Capital LLC bought a new stake in CONSOL Energy in the 1st quarter worth approximately $56,000. Finally, Quadrant Capital Group LLC lifted its position in CONSOL Energy by 41.7% in the 4th quarter. Quadrant Capital Group LLC now owns 768 shares of the company’s stock worth $77,000 after buying an additional 226 shares during the last quarter. Institutional investors own 86.54% of the company’s stock.

Analyst Ratings Changes

Separately, B. Riley raised their target price on CONSOL Energy from $103.00 to $109.00 and gave the company a “buy” rating in a research report on Friday, September 6th.

CONSOL Energy Price Performance

CEIX stock traded up $2.78 during mid-day trading on Friday, reaching $96.41. 247,821 shares of the company traded hands, compared to its average volume of 485,290. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.55 and a quick ratio of 1.31. The company has a market capitalization of $2.83 billion, a P/E ratio of 5.91 and a beta of 1.72. CONSOL Energy has a 52-week low of $75.43 and a 52-week high of $114.30. The company has a fifty day moving average price of $96.57 and a 200-day moving average price of $92.33.

CONSOL Energy (NYSE:CEIX) last posted its earnings results on Thursday, August 8th. The company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.68. The business had revenue of $501.10 million during the quarter, compared to analyst estimates of $429.90 million. CONSOL Energy had a return on equity of 30.50% and a net margin of 18.28%. During the same quarter in the previous year, the firm earned $4.94 EPS. As a group, analysts anticipate that CONSOL Energy will post 11.54 earnings per share for the current year.

CONSOL Energy Cuts Dividend

The firm also recently declared a Variable dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 30th will be given a dividend of $0.25 per share. The ex-dividend date is Friday, August 30th. This represents a dividend yield of 0.5%. CONSOL Energy’s dividend payout ratio (DPR) is presently 1.52%.

CONSOL Energy Company Profile

CONSOL Energy Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company's PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.