Warrior Met Coal, Inc. Forecasted to Earn Q4 2024 Earnings of $1.60 Per Share (NYSE:HCC)

Warrior Met Coal, Inc. (NYSE:HCC) – Stock analysts at B. Riley dropped their Q4 2024 earnings per share (EPS) estimates for Warrior Met Coal in a research report issued on Thursday, May 2nd. B. Riley analyst L. Pipes now anticipates that the company will post earnings per share of $1.60 for the quarter, down from their prior estimate of $1.71. B. Riley has a “Buy” rating and a $91.00 price objective on the stock. The consensus estimate for Warrior Met Coal’s current full-year earnings is $6.83 per share. B. Riley also issued estimates for Warrior Met Coal’s 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.

HCC has been the topic of a number of other reports. UBS Group began coverage on Warrior Met Coal in a research report on Tuesday, January 16th. They issued a “neutral” rating and a $68.00 target price on the stock. Benchmark reissued a “hold” rating on shares of Warrior Met Coal in a research report on Thursday. BMO Capital Markets upped their price target on Warrior Met Coal from $62.00 to $70.00 and gave the company a “market perform” rating in a research report on Thursday. Finally, Citigroup raised Warrior Met Coal from a “neutral” rating to a “buy” rating and upped their price target for the company from $60.00 to $75.00 in a research report on Thursday, April 11th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $72.80.

Warrior Met Coal Stock Down 0.2 %

NYSE HCC traded down $0.16 on Friday, reaching $65.25. The company had a trading volume of 156,849 shares, compared to its average volume of 827,449. The firm has a market capitalization of $3.41 billion, a PE ratio of 7.88 and a beta of 1.05. Warrior Met Coal has a 1 year low of $31.97 and a 1 year high of $71.91. The firm has a 50-day moving average of $60.73 and a 200-day moving average of $58.46. The company has a debt-to-equity ratio of 0.10, a current ratio of 7.24 and a quick ratio of 5.99.

Warrior Met Coal (NYSE:HCC) last issued its earnings results on Wednesday, May 1st. The company reported $2.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.61. The business had revenue of $503.50 million during the quarter, compared to analysts’ expectations of $474.99 million. Warrior Met Coal had a return on equity of 25.48% and a net margin of 25.94%. The company’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.57 EPS.

Institutional Trading of Warrior Met Coal

Institutional investors have recently modified their holdings of the company. Yousif Capital Management LLC lifted its stake in Warrior Met Coal by 5.8% during the fourth quarter. Yousif Capital Management LLC now owns 28,584 shares of the company’s stock worth $1,743,000 after purchasing an additional 1,558 shares during the last quarter. Adage Capital Partners GP L.L.C. lifted its stake in Warrior Met Coal by 50.0% during the third quarter. Adage Capital Partners GP L.L.C. now owns 75,000 shares of the company’s stock worth $3,831,000 after purchasing an additional 25,000 shares during the last quarter. Graham Capital Wealth Management LLC bought a new stake in Warrior Met Coal during the fourth quarter worth $1,773,000. Hosking Partners LLP lifted its stake in Warrior Met Coal by 19.4% during the third quarter. Hosking Partners LLP now owns 314,865 shares of the company’s stock worth $16,083,000 after purchasing an additional 51,147 shares during the last quarter. Finally, Assenagon Asset Management S.A. bought a new stake in Warrior Met Coal during the fourth quarter worth $44,388,000. 92.28% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Alan H. Schumacher acquired 2,000 shares of Warrior Met Coal stock in a transaction on Friday, February 23rd. The stock was bought at an average price of $58.15 per share, for a total transaction of $116,300.00. Following the transaction, the director now owns 30,270 shares of the company’s stock, valued at $1,760,200.50. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 1.00% of the stock is currently owned by company insiders.

Warrior Met Coal Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, May 13th. Stockholders of record on Monday, May 6th will be paid a $0.08 dividend. The ex-dividend date is Friday, May 3rd. This represents a $0.32 annualized dividend and a dividend yield of 0.49%. Warrior Met Coal’s payout ratio is 3.85%.

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.