CONSOL Coal Resources (NYSE:CCR) had its target price reduced by B. Riley from $24.00 to $21.00 in a research report report published on Thursday morning. B. Riley currently has a buy rating on the energy company’s stock. B. Riley also issued estimates for CONSOL Coal Resources’ Q1 2018 earnings at $0.49 EPS, Q2 2018 earnings at $0.49 EPS, Q3 2018 earnings at $0.45 EPS, Q4 2018 earnings at $0.50 EPS, FY2018 earnings at $1.93 EPS, FY2019 earnings at $2.08 EPS and FY2020 earnings at $1.90 EPS.

CCR has been the subject of several other reports. TheStreet upgraded shares of CONSOL Coal Resources from a d rating to a c rating in a report on Tuesday, January 16th. Zacks Investment Research upgraded shares of CONSOL Coal Resources from a strong sell rating to a hold rating in a report on Thursday, November 16th. BidaskClub upgraded shares of CONSOL Coal Resources from a sell rating to a hold rating in a report on Wednesday, October 11th. Citigroup decreased their price objective on shares of CONSOL Coal Resources from $18.00 to $16.00 and set a neutral rating for the company in a report on Tuesday, October 17th. Finally, Stifel Nicolaus restated a buy rating and issued a $23.00 price objective on shares of CONSOL Coal Resources in a report on Friday, October 13th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $20.17.

CONSOL Coal Resources (CCR) traded down $0.65 during mid-day trading on Thursday, hitting $14.50. 53,244 shares of the stock traded hands, compared to its average volume of 35,047. CONSOL Coal Resources has a 1 year low of $12.56 and a 1 year high of $18.00. The stock has a market capitalization of $418.74, a price-to-earnings ratio of 10.54 and a beta of 1.27. The company has a quick ratio of 0.52, a current ratio of 0.70 and a debt-to-equity ratio of 1.26.

CONSOL Coal Resources (NYSE:CCR) last released its earnings results on Tuesday, February 6th. The energy company reported $0.48 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.45 by $0.03. CONSOL Coal Resources had a net margin of 10.56% and a return on equity of 23.26%. The firm had revenue of $78.77 million during the quarter, compared to analyst estimates of $79.74 million. analysts forecast that CONSOL Coal Resources will post 2.03 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 8th will be given a $0.5125 dividend. This represents a $2.05 dividend on an annualized basis and a yield of 14.14%. The ex-dividend date of this dividend is Wednesday, February 7th. CONSOL Coal Resources’s dividend payout ratio (DPR) is presently 147.48%.

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CONSOL Coal Resources Company Profile

Consol Coal Resources LP, formerly CNX Coal Resources LP, is a producer of high-British thermal units (Btu) thermal coal. It is engaged in the management and development of coal operations of CONSOL Energy Inc (CONSOL Energy) in Pennsylvania. It holds interest in, and operational control over, CONSOL Energy’s Pennsylvania Mining Complex, which consists of three underground mines and related infrastructure that produce high-Btu bituminous thermal coal that is sold primarily to electric utilities in the eastern United States.

Analyst Recommendations for CONSOL Coal Resources (NYSE:CCR)

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