Core Natural Resources (NYSE:CNR) Shares Down 8% After Earnings Miss

May 9, 2025

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Core Natural Resources, Inc. (NYSE:CNR – Get Free Report) was down 8% on Thursday following a dissappointing earnings announcement. The company traded as low as $67.51 and last traded at $69.22. Approximately 348,216 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 1,010,120 shares. The stock had previously closed at $75.26.

The energy company reported ($1.38) earnings per share for the quarter, missing analysts’ consensus estimates of $1.74 by ($3.12). The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $964.15 million. Core Natural Resources had a return on equity of 23.87% and a net margin of 12.81%.

Core Natural Resources Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.60%. The ex-dividend date was Monday, March 3rd. Core Natural Resources’s payout ratio is 4.16%.

Wall Street Analysts Forecast Growth

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CNR has been the topic of several recent research reports. Benchmark reduced their price target on Core Natural Resources from $112.00 to $105.00 and set a “buy” rating on the stock in a research report on Friday. B. Riley lowered their price target on shares of Core Natural Resources from $136.00 to $119.00 and set a “buy” rating for the company in a report on Friday, April 11th. Finally, StockNews.com began coverage on shares of Core Natural Resources in a report on Thursday, January 30th. They issued a “hold” rating on the stock. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Core Natural Resources currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.00.

Read Our Latest Research Report on CNR

Insider Buying and Selling

In related news, Director Holly K. Koeppel sold 8,815 shares of the business’s stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $75.30, for a total value of $663,769.50. Following the completion of the sale, the director now directly owns 13,348 shares of the company’s stock, valued at $1,005,104.40. The trade was a 39.77 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 2.02% of the company’s stock.

Institutional Investors Weigh In On Core Natural Resources

A number of institutional investors have recently made changes to their positions in CNR. GAMMA Investing LLC boosted its holdings in Core Natural Resources by 340.5% in the fourth quarter. GAMMA Investing LLC now owns 185 shares of the energy company’s stock worth $26,000 after purchasing an additional 143 shares during the period. Smartleaf Asset Management LLC lifted its position in shares of Core Natural Resources by 82.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 222 shares of the energy company’s stock worth $31,000 after buying an additional 100 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new position in shares of Core Natural Resources in the 4th quarter valued at about $26,000. Jones Financial Companies Lllp grew its position in shares of Core Natural Resources by 226.7% during the 4th quarter. Jones Financial Companies Lllp now owns 245 shares of the energy company’s stock valued at $35,000 after buying an additional 170 shares during the last quarter. Finally, Fortitude Family Office LLC raised its stake in Core Natural Resources by 63.8% during the fourth quarter. Fortitude Family Office LLC now owns 267 shares of the energy company’s stock worth $28,000 after acquiring an additional 104 shares during the period. 86.54% of the stock is currently owned by institutional investors.

Core Natural Resources Stock Down 1.3 %

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.38 and a quick ratio of 1.16. The stock’s fifty day simple moving average is $72.87 and its 200-day simple moving average is $113.62. The stock has a market cap of $3.58 billion, a P/E ratio of 6.96 and a beta of 0.69.

About Core Natural Resources

(Get Free Report)

Core Natural Resources, Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company’s PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.