Warrior Met Coal (HCC) Set to Announce Quarterly Earnings on Wednesday

Warrior Met Coal (NYSE:HCCGet Free Report) is scheduled to release its earnings data after the market closes on Wednesday, February 14th. Analysts expect Warrior Met Coal to post earnings of $3.16 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Warrior Met Coal Trading Up 2.1 %

Warrior Met Coal stock opened at $60.33 on Tuesday. The business has a 50 day moving average price of $61.96 and a two-hundred day moving average price of $51.96. The company has a quick ratio of 6.91, a current ratio of 7.67 and a debt-to-equity ratio of 0.09. The stock has a market cap of $3.14 billion, a price-to-earnings ratio of 6.97 and a beta of 1.13. Warrior Met Coal has a 12 month low of $31.97 and a 12 month high of $69.97.

Warrior Met Coal Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 26th. Stockholders of record on Tuesday, February 20th will be issued a $0.08 dividend. The ex-dividend date is Friday, February 16th. This is a boost from Warrior Met Coal’s previous quarterly dividend of $0.07. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.53%. Warrior Met Coal’s dividend payout ratio is presently 3.23%.

Analyst Ratings Changes

HCC has been the subject of a number of recent research reports. UBS Group initiated coverage on Warrior Met Coal in a report on Tuesday, January 16th. They issued a “neutral” rating and a $68.00 target price for the company. BMO Capital Markets increased their target price on Warrior Met Coal from $43.00 to $48.00 and gave the stock a “market perform” rating in a report on Friday, November 3rd. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $56.60.

View Our Latest Analysis on Warrior Met Coal

Institutional Investors Weigh In On Warrior Met Coal

Large investors have recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. bought a new stake in Warrior Met Coal during the 1st quarter worth approximately $260,000. Mackenzie Financial Corp acquired a new stake in shares of Warrior Met Coal in the 1st quarter valued at $258,000. Envestnet Asset Management Inc. acquired a new stake in shares of Warrior Met Coal in the 1st quarter valued at $235,000. Maverick Capital Ltd. acquired a new stake in shares of Warrior Met Coal in the 1st quarter valued at $217,000. Finally, Prelude Capital Management LLC acquired a new stake in shares of Warrior Met Coal in the 3rd quarter valued at $201,000. 93.89% of the stock is currently owned by institutional investors.

Warrior Met Coal Company Profile

(Get Free Report)

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.

Further Reading

Earnings History for Warrior Met Coal (NYSE:HCC)

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