Warrior Met Coal (NYSE:HCC) PT Raised to $91.00

Warrior Met Coal (NYSE:HCC) had its price target hoisted by B. Riley from $87.00 to $91.00 in a report published on Thursday, Benzinga reports. They currently have a buy rating on the stock. B. Riley also issued estimates for Warrior Met Coal’s Q4 2024 earnings at $1.60 EPS, Q1 2025 earnings at $1.81 EPS, Q2 2025 earnings at $1.93 EPS, Q3 2025 earnings at $1.87 EPS, Q4 2025 earnings at $1.81 EPS, FY2025 earnings at $7.41 EPS, Q1 2026 earnings at $1.87 EPS and FY2026 earnings at $7.69 EPS.

Other equities analysts have also recently issued reports about the stock. Citigroup raised Warrior Met Coal from a neutral rating to a buy rating and upped their price objective for the stock from $60.00 to $75.00 in a report on Thursday, April 11th. UBS Group assumed coverage on shares of Warrior Met Coal in a research note on Tuesday, January 16th. They issued a neutral rating and a $68.00 price objective for the company. BMO Capital Markets upped their target price on shares of Warrior Met Coal from $62.00 to $70.00 and gave the stock a market perform rating in a research report on Thursday. Finally, Benchmark reiterated a hold rating on shares of Warrior Met Coal in a research report on Thursday. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and a consensus price target of $72.80.

Warrior Met Coal Trading Up 1.1 %

Shares of Warrior Met Coal stock opened at $66.23 on Thursday. The company has a fifty day simple moving average of $60.90 and a 200-day simple moving average of $58.65. Warrior Met Coal has a 12-month low of $31.97 and a 12-month high of $71.91. The company has a current ratio of 6.86, a quick ratio of 5.99 and a debt-to-equity ratio of 0.10. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 7.97 and a beta of 1.05.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings data on Wednesday, May 1st. The company reported $2.63 earnings per share for the quarter, beating the consensus estimate of $2.02 by $0.61. The business had revenue of $503.50 million during the quarter, compared to the consensus estimate of $474.99 million. Warrior Met Coal had a return on equity of 24.71% and a net margin of 25.94%. The company’s revenue was down 1.2% compared to the same quarter last year. During the same period in the prior year, the company earned $3.57 earnings per share. On average, equities analysts forecast that Warrior Met Coal will post 6.98 EPS for the current fiscal year.

Warrior Met Coal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 13th. Investors of record on Monday, May 6th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.48%. The ex-dividend date is Friday, May 3rd. Warrior Met Coal’s payout ratio is 3.85%.

Insiders Place Their Bets

In other Warrior Met Coal news, Director Alan H. Schumacher acquired 2,000 shares of the stock in a transaction dated Friday, February 23rd. The stock was acquired at an average price of $58.15 per share, with a total value of $116,300.00. Following the completion of the transaction, the director now directly owns 30,270 shares in the company, valued at $1,760,200.50. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Warrior Met Coal

A number of institutional investors have recently bought and sold shares of the stock. USA Financial Formulas purchased a new position in shares of Warrior Met Coal in the 4th quarter worth $25,000. Millburn Ridgefield Corp purchased a new position in shares of Warrior Met Coal in the 3rd quarter worth about $32,000. McGlone Suttner Wealth Management Inc. purchased a new position in shares of Warrior Met Coal in the 4th quarter worth about $38,000. SYSTM Wealth Solutions LLC acquired a new position in shares of Warrior Met Coal in the 1st quarter valued at about $39,000. Finally, Quadrant Capital Group LLC grew its holdings in shares of Warrior Met Coal by 79.2% during the 4th quarter. Quadrant Capital Group LLC now owns 1,000 shares of the company’s stock worth $61,000 after purchasing an additional 442 shares during the period. 92.28% of the stock is currently owned by hedge funds and other institutional investors.

About Warrior Met Coal

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.