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

Warrior Met Coal (NYSE:HCC) is scheduled to release its earnings data after the market closes on Wednesday, October 30th. Analysts expect Warrior Met Coal to post earnings of $0.40 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings data on Thursday, August 1st. The company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.03. The firm had revenue of $396.52 million during the quarter, compared to analysts’ expectations of $387.91 million. Warrior Met Coal had a return on equity of 22.71% and a net margin of 25.01%. Warrior Met Coal’s revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.63 earnings per share. On average, analysts expect Warrior Met Coal to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Warrior Met Coal Stock Performance

Shares of HCC stock opened at $61.17 on Wednesday. The stock has a fifty day moving average price of $59.15 and a 200 day moving average price of $63.64. The stock has a market cap of $3.20 billion, a PE ratio of 7.36 and a beta of 1.02. Warrior Met Coal has a 1 year low of $44.76 and a 1 year high of $75.53. The company has a debt-to-equity ratio of 0.09, a quick ratio of 5.37 and a current ratio of 6.37.

Warrior Met Coal Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Tuesday, August 6th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, August 6th. This represents a $0.32 annualized dividend and a yield of 0.52%. Warrior Met Coal’s dividend payout ratio is presently 3.85%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. B. Riley reduced their price objective on Warrior Met Coal from $92.00 to $90.00 and set a “buy” rating for the company in a report on Friday, September 6th. Benchmark reissued a “hold” rating on shares of Warrior Met Coal in a report on Monday, August 5th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $75.75.

Warrior Met Coal Company Profile

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.