Core Natural Resources, Inc. (NYSE:CNR) Stock Now Rated “Hold” by Wall Street Analysts

Core Natural Resources, Inc. (NYSE:CNR) has earned an average recommendation of “Hold” from the five brokerages that are currently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $105.00.

Several brokerages recently weighed in on CNR. UBS Group downgraded shares of Core Natural Resources from a “buy” rating to a “neutral” rating and upped their target price for the stock from $101.00 to $105.00 in a report on Tuesday, August 18th. Weiss Ratings upgraded shares of Core Natural Resources from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, October 6th. Finally, Zacks Research downgraded shares of Core Natural Resources from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th.

Core Natural Resources Trading Up 4.4%

Shares of Core Natural Resources stock opened at $92.22 on Friday. Core Natural Resources has a 1-year low of $74.75 and a 1-year high of $114.80. The company’s fifty day simple moving average is $93.35 and its 200-day simple moving average is $89.03. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.83 and a quick ratio of 1.32. The stock has a market capitalization of $4.58 billion, a PE ratio of 46.34 and a beta of 0.25.

Core Natural Resources (NYSE:CNR) last posted its quarterly earnings data on Thursday, August 6th. The energy company reported $2.51 EPS for the quarter, topping the consensus estimate of $0.60 by $1.91. Core Natural Resources had a return on equity of 0.03% and a net margin of 2.34%. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.11 billion. As a group, equities analysts anticipate that Core Natural Resources will post 2.96 earnings per share for the current year.

Core Natural Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Monday, August 31st were paid a $0.10 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $0.40 annualized dividend and a yield of 0.4%. Core Natural Resources’s dividend payout ratio is 20.10%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Goehring & Rozencwajg Associates LLC raised its holdings in shares of Core Natural Resources by 134.0% in the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 708,225 shares of the energy company’s stock valued at $74,172,000 after purchasing an additional 405,505 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Core Natural Resources during the second quarter valued at approximately $26,071,000. Encompass Capital Advisors LLC boosted its stake in shares of Core Natural Resources by 122.2% during the first quarter. Encompass Capital Advisors LLC now owns 500,000 shares of the energy company’s stock valued at $52,365,000 after purchasing an additional 275,000 shares in the last quarter. Energy Income Partners LLC boosted its stake in shares of Core Natural Resources by 68.9% during the first quarter. Energy Income Partners LLC now owns 223,354 shares of the energy company’s stock valued at $23,392,000 after purchasing an additional 91,100 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in Core Natural Resources by 228.8% during the first quarter. The Manufacturers Life Insurance Company now owns 85,770 shares of the energy company’s stock valued at $8,979,000 after buying an additional 59,683 shares during the period. Hedge funds and other institutional investors own 86.54% of the company’s stock.

About Core Natural Resources

Core Natural Resources, Inc is a diversified coal producer formed through the combination of Arch Resources and CONSOL Energy, completed in January 2025. The company mines and markets both metallurgical coal, which is used in steelmaking, and thermal coal, which is used primarily for electricity generation and industrial applications.

Core Natural Resources operates mining assets in the United States, including operations in the Appalachian region and the western United States. Its portfolio includes underground and surface mines, and the company also has coal logistics and export capabilities that support deliveries to domestic and international customers.

The company serves electric utilities, steel producers, industrial users and other customers in the United States and overseas.