Equities research analysts expect that CONSOL Coal Resources LP (NYSE:CCR) will report $0.54 earnings per share (EPS) for the current quarter, Zacks reports. Two analysts have issued estimates for CONSOL Coal Resources’ earnings. The highest EPS estimate is $0.63 and the lowest is $0.44. CONSOL Coal Resources reported earnings of $0.69 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 21.7%. The firm is expected to issue its next earnings results on Thursday, August 1st.

According to Zacks, analysts expect that CONSOL Coal Resources will report full-year earnings of $2.03 per share for the current financial year, with EPS estimates ranging from $1.81 to $2.16. For the next financial year, analysts forecast that the business will post earnings of $1.80 per share, with EPS estimates ranging from $1.58 to $2.15. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow CONSOL Coal Resources.

CONSOL Coal Resources (NYSE:CCR) last posted its quarterly earnings results on Wednesday, May 8th. The energy company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.10. The business had revenue of $86.11 million during the quarter, compared to analysts’ expectations of $87.25 million. CONSOL Coal Resources had a net margin of 16.99% and a return on equity of 26.44%.

Separately, Zacks Investment Research raised shares of CONSOL Coal Resources from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research report on Wednesday, February 13th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $20.33.

NYSE:CCR opened at $17.08 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.63 and a quick ratio of 0.46. The company has a market cap of $470.04 million, a P/E ratio of 7.21 and a beta of 0.95. CONSOL Coal Resources has a fifty-two week low of $14.58 and a fifty-two week high of $21.13.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 15th. Shareholders of record on Tuesday, May 7th were given a $0.512 dividend. The ex-dividend date was Monday, May 6th. This represents a $2.05 annualized dividend and a yield of 11.99%. CONSOL Coal Resources’s dividend payout ratio is presently 86.50%.

In other CONSOL Coal Resources news, Director Consol Energy Inc. purchased 6,884 shares of the firm’s stock in a transaction on Friday, May 10th. The stock was bought at an average price of $17.32 per share, with a total value of $119,230.88. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

A number of hedge funds have recently modified their holdings of the business. Deutsche Bank AG boosted its position in CONSOL Coal Resources by 10.7% in the 4th quarter. Deutsche Bank AG now owns 55,907 shares of the energy company’s stock valued at $917,000 after buying an additional 5,407 shares during the period. Morgan Stanley raised its stake in CONSOL Coal Resources by 40.7% during the 1st quarter. Morgan Stanley now owns 50,680 shares of the energy company’s stock worth $896,000 after acquiring an additional 14,669 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in CONSOL Coal Resources during the 3rd quarter worth $906,000. Edge Capital Group LLC acquired a new stake in CONSOL Coal Resources during the 4th quarter worth $738,000. Finally, Geode Capital Management LLC acquired a new stake in CONSOL Coal Resources during the 4th quarter worth $611,000. 22.74% of the stock is owned by institutional investors.

About CONSOL Coal Resources

CONSOL Coal Resources LP produces and sells high-Btu thermal coal in the Northern Appalachian Basin and the eastern United States. It owns a 25% undivided interest in the Pennsylvania mining complex, which consists of three underground mines and related infrastructure that produce high-Btu bituminous thermal coal located primarily in southwestern Pennsylvania.

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Earnings History and Estimates for CONSOL Coal Resources (NYSE:CCR)

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