Warrior Met Coal Inc. (NYSE:HCC) – Equities researchers at Seaport Global Securities lifted their FY2018 earnings per share (EPS) estimates for shares of Warrior Met Coal in a research note issued on Friday. Seaport Global Securities analyst M. Levin now anticipates that the company will post earnings per share of $2.75 for the year, up from their previous forecast of $2.58. Seaport Global Securities currently has a “Buy” rating and a $21.00 target price on the stock. Seaport Global Securities also issued estimates for Warrior Met Coal’s FY2019 earnings at $1.85 EPS.

HCC has been the topic of several other research reports. Zacks Investment Research lowered Warrior Met Coal from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Morgan Stanley started coverage on Warrior Met Coal in a research note on Monday, May 15th. They set an “overweight” rating and a $27.00 target price on the stock. Royal Bank Of Canada reissued a “buy” rating and set a $25.00 target price on shares of Warrior Met Coal in a research note on Tuesday, June 13th. Credit Suisse Group started coverage on Warrior Met Coal in a research note on Monday, May 15th. They set an “outperform” rating and a $26.00 target price on the stock. Finally, Citigroup Inc. started coverage on Warrior Met Coal in a research note on Monday, May 8th. They set a “neutral” rating and a $20.00 target price on the stock. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Warrior Met Coal currently has a consensus rating of “Buy” and a consensus price target of $22.80.

WARNING: “FY2018 Earnings Estimate for Warrior Met Coal Inc. Issued By Seaport Global Securities (NYSE:HCC)” was originally reported by Daily Political and is owned by of Daily Political. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at https://www.dailypolitical.com/2017/08/07/fy2018-earnings-estimate-for-warrior-met-coal-inc-issued-by-seaport-global-securities-nysehcc.html. Warrior Met Coal (NYSE:HCC) last released its earnings results on Thursday, August 3rd. The company reported $2.52 earnings per share for the quarter, topping the consensus estimate of $1.93 by $0.59. The business had revenue of $363.37 million for the quarter, compared to the consensus estimate of $321.75 million.

A number of large investors have recently bought and sold shares of the stock. Jennison Associates LLC bought a new stake in Warrior Met Coal during the second quarter worth about $18,081,000. Frontier Capital Management Co. LLC bought a new stake in Warrior Met Coal during the second quarter worth about $10,990,000. Bank of New York Mellon Corp bought a new stake in Warrior Met Coal during the second quarter worth about $1,038,000. Rhumbline Advisers bought a new stake in Warrior Met Coal during the second quarter worth about $343,000. Finally, First Mercantile Trust Co. bought a new stake in Warrior Met Coal during the second quarter worth about $131,000. 0.79% of the stock is currently owned by institutional investors.

In related news, Director Alan H. Schumacher purchased 3,000 shares of Warrior Met Coal stock in a transaction on Wednesday, May 24th. The shares were bought at an average price of $17.99 per share, with a total value of $53,970.00. Following the transaction, the director now directly owns 3,000 shares of the company’s stock, valued at $53,970. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 23rd. Shareholders of record on Monday, August 14th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Thursday, August 10th.

Warrior Met Coal Company Profile

Warrior Met Coal, Inc, formerly Warrior Met Coal, LLC, is a producer and exporter of metallurgical coal for the steel industry from underground mines located in Brookwood, Alabama, southwest of Birmingham and near Tuscaloosa. These underground coalmines are 1,400 to 2,100 feet underground. Its operations serve markets in the United States, Europe, Asia and South America via barge and rail access to the Port of Mobile.

Earnings History and Estimates for Warrior Met Coal (NYSE:HCC)

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