Foresight Energy LP (NYSE:FELP) has been assigned a consensus rating of “Hold” from the six ratings firms that are presently covering the company, reports. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $4.83.

A number of equities research analysts have commented on the company. ValuEngine upgraded Foresight Energy from a “sell” rating to a “hold” rating in a research report on Friday, December 29th. Zacks Investment Research upgraded Foresight Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, January 17th. Finally, B. Riley restated a “neutral” rating and issued a $4.00 target price (down previously from $5.00) on shares of Foresight Energy in a research report on Thursday, March 8th.

An institutional investor recently raised its position in Foresight Energy stock. BNP Paribas Arbitrage SA raised its holdings in Foresight Energy LP (NYSE:FELP) by 5,739,700.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,398 shares of the energy company’s stock after purchasing an additional 57,397 shares during the quarter. BNP Paribas Arbitrage SA owned 0.07% of Foresight Energy worth $243,000 as of its most recent SEC filing. 11.67% of the stock is owned by institutional investors.

Shares of Foresight Energy stock traded up $0.16 during trading on Tuesday, reaching $3.73. The company had a trading volume of 20,618 shares, compared to its average volume of 23,414. Foresight Energy has a 52-week low of $3.50 and a 52-week high of $6.84. The stock has a market capitalization of $289.79, a P/E ratio of -2.44 and a beta of 0.81. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.36 and a current ratio of 0.49.

Foresight Energy (NYSE:FELP) last announced its quarterly earnings data on Wednesday, March 7th. The energy company reported $0.06 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.13. Foresight Energy had a negative return on equity of 3.93% and a negative net margin of 18.78%. The firm had revenue of $284.61 million for the quarter, compared to the consensus estimate of $264.75 million. equities analysts predict that Foresight Energy will post -0.34 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Shareholders of record on Tuesday, March 20th will be given a $0.056 dividend. The ex-dividend date of this dividend is Monday, March 19th. This represents a $0.22 dividend on an annualized basis and a yield of 6.01%. Foresight Energy’s dividend payout ratio is currently -15.69%.

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Foresight Energy Company Profile

Foresight Energy LP is engaged in the mining and marketing of coal from reserves and operations located in the Illinois Basin. As of December 31, 2016, the Company controlled 2.1 billion tons of coal in the state of Illinois. Its reserves consist principally of three contiguous blocks of uniform, thick, high heat content (high Btu) thermal coal, which are used for longwall operations.

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