Core Natural Resources, Inc. (CNR) To Go Ex-Dividend on November 30th

Core Natural Resources, Inc. (NYSE:CNR) declared a quarterly dividend on Wednesday, November 4th. Investors of record on Monday, November 30th will be paid a dividend of $0.10 per share by the energy company on Tuesday, December 15th. This represents a $0.40 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Monday, November 30th.

Core Natural Resources has a dividend payout ratio of 2.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Core Natural Resources to earn $5.53 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 7.2%.

Core Natural Resources Stock Down 7.6%

CNR opened at $74.14 on Friday. The firm has a market capitalization of $3.68 billion, a P/E ratio of 2,673.99 and a beta of 0.24. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.83 and a quick ratio of 1.32. The company has a fifty day moving average price of $91.41 and a 200-day moving average price of $90.59. Core Natural Resources has a one year low of $73.31 and a one year high of $114.80.

Core Natural Resources (NYSE:CNR) last released its quarterly earnings results on Thursday, November 5th. The energy company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.54). The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.13 billion. Core Natural Resources had a net margin of 2.34% and a return on equity of 0.03%. The business’s revenue was up 9.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.61 EPS. Equities research analysts expect that Core Natural Resources will post 2.72 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Core Natural Resources

A number of hedge funds have recently added to or reduced their stakes in the company. Goehring & Rozencwajg Associates LLC grew its position in Core Natural Resources by 134.0% in the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 708,225 shares of the energy company’s stock worth $74,172,000 after purchasing an additional 405,505 shares during the period. Encompass Capital Advisors LLC raised its stake in Core Natural Resources by 122.2% during the 1st quarter. Encompass Capital Advisors LLC now owns 500,000 shares of the energy company’s stock worth $52,365,000 after acquiring an additional 275,000 shares during the period. First Trust Advisors LP boosted its holdings in Core Natural Resources by 2.8% in the 1st quarter. First Trust Advisors LP now owns 334,574 shares of the energy company’s stock worth $35,040,000 after buying an additional 9,156 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Core Natural Resources by 2.1% in the first quarter. Principal Financial Group Inc. now owns 249,522 shares of the energy company’s stock worth $26,132,000 after acquiring an additional 5,044 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in Core Natural Resources during the 2nd quarter valued at approximately $26,071,000. 86.54% of the stock is currently owned by hedge funds and other institutional investors.

Core Natural Resources Company Profile

Core Natural Resources, Inc is a diversified coal producer formed through the combination of Arch Resources and CONSOL Energy, completed in January 2025. The company mines and markets both metallurgical coal, which is used in steelmaking, and thermal coal, which is used primarily for electricity generation and industrial applications.

Core Natural Resources operates mining assets in the United States, including operations in the Appalachian region and the western United States. Its portfolio includes underground and surface mines, and the company also has coal logistics and export capabilities that support deliveries to domestic and international customers.

The company serves electric utilities, steel producers, industrial users and other customers in the United States and overseas.