Warrior Met Coal (NYSE:HCC) Price Target Increased to $91.00 by Analysts at B. Riley

Warrior Met Coal (NYSE:HCC) had its price objective increased by B. Riley from $87.00 to $91.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has 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.

HCC has been the subject of several other research reports. Citigroup upgraded Warrior Met Coal from a neutral rating to a buy rating and raised their target price for the stock from $60.00 to $75.00 in a research report on Thursday, April 11th. BMO Capital Markets lifted their price objective on Warrior Met Coal from $62.00 to $70.00 and gave the company a market perform rating in a report on Thursday. UBS Group began coverage on shares of Warrior Met Coal in a research note on Tuesday, January 16th. They issued a neutral rating and a $68.00 target price on the stock. 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 stock. Based on data from MarketBeat.com, Warrior Met Coal has a consensus rating of Moderate Buy and a consensus price target of $72.80.

Warrior Met Coal Price Performance

Shares of HCC stock traded up $0.82 during mid-day trading on Thursday, reaching $66.23. The company’s stock had a trading volume of 621,682 shares, compared to its average volume of 793,044. The firm’s 50-day moving average is $60.90 and its two-hundred day moving average is $58.58. The company has a market cap of $3.46 billion, a P/E ratio of 7.97 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 company has a debt-to-equity ratio of 0.10, a quick ratio of 5.99 and a current ratio of 6.86.

Warrior Met Coal (NYSE:HCC) last posted its earnings results on Wednesday, May 1st. The company reported $2.63 earnings per share for the quarter, beating analysts’ consensus estimates of $2.02 by $0.61. The business had revenue of $503.50 million for the quarter, compared to analysts’ expectations of $474.99 million. Warrior Met Coal had a net margin of 25.94% and a return on equity of 24.71%. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.57 earnings per share. On average, research analysts predict that Warrior Met Coal will post 6.83 earnings per share for the current year.

Warrior Met Coal Announces Dividend

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

Insider Activity

In related news, Director Alan H. Schumacher purchased 2,000 shares of Warrior Met Coal stock in a transaction that occurred on Friday, February 23rd. The shares were acquired at an average price of $58.15 per share, for a total transaction of $116,300.00. Following the transaction, the director now directly owns 30,270 shares in the company, valued at $1,760,200.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Warrior Met Coal

Institutional investors have recently modified their holdings of the stock. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Warrior Met Coal in the third quarter valued at approximately $224,000. Raymond James & Associates bought a new stake in shares of Warrior Met Coal during the third quarter worth $433,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Warrior Met Coal by 27.0% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,422 shares of the company’s stock valued at $583,000 after acquiring an additional 2,428 shares during the period. Yorktown Management & Research Co Inc bought a new position in Warrior Met Coal in the third quarter valued at about $383,000. Finally, Kendall Capital Management increased its position in Warrior Met Coal by 27.6% in the third quarter. Kendall Capital Management now owns 13,865 shares of the company’s stock worth $708,000 after purchasing an additional 3,000 shares during the period. 92.28% of the stock is owned by institutional investors.

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.