CONSOL Energy Inc. to Post Q4 2024 Earnings of $3.43 Per Share, B. Riley Forecasts (NYSE:CEIX)

CONSOL Energy Inc. (NYSE:CEIX) – Analysts at B. Riley cut their Q4 2024 EPS estimates for CONSOL Energy in a note issued to investors on Wednesday, May 8th. B. Riley analyst L. Pipes now anticipates that the company will earn $3.43 per share for the quarter, down from their prior estimate of $3.56. B. Riley currently has a “Buy” rating and a $98.00 target price on the stock. The consensus estimate for CONSOL Energy’s current full-year earnings is $11.02 per share. B. Riley also issued estimates for CONSOL Energy’s FY2026 earnings at $12.05 EPS.

CONSOL Energy (NYSE:CEIX) last issued its quarterly earnings data on Tuesday, May 7th. The company reported $3.39 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $1.20. The firm had revenue of $565.00 million for the quarter, compared to analyst estimates of $516.85 million. CONSOL Energy had a return on equity of 49.80% and a net margin of 25.53%. The business’s quarterly revenue was down 17.9% compared to the same quarter last year. During the same period last year, the company earned $6.55 EPS.

CONSOL Energy Stock Performance

NYSE:CEIX opened at $87.92 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.35 and a debt-to-equity ratio of 0.14. CONSOL Energy has a twelve month low of $53.40 and a twelve month high of $114.30. The stock has a market cap of $2.60 billion, a P/E ratio of 5.33 and a beta of 1.77. The firm’s fifty day simple moving average is $84.74 and its 200 day simple moving average is $92.21.

Insider Activity

In related news, CAO John Rothka sold 2,000 shares of the stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $94.56, for a total value of $189,120.00. Following the completion of the transaction, the chief accounting officer now directly owns 13,108 shares of the company’s stock, valued at $1,239,492.48. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 2.10% of the company’s stock.

Institutional Investors Weigh In On CONSOL Energy

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Pacer Advisors Inc. lifted its position in CONSOL Energy by 58.3% during the fourth quarter. Pacer Advisors Inc. now owns 1,208,213 shares of the company’s stock valued at $121,462,000 after buying an additional 445,155 shares during the period. Vanguard Group Inc. boosted its stake in CONSOL Energy by 21.0% during the fourth quarter. Vanguard Group Inc. now owns 2,437,023 shares of the company’s stock worth $244,994,000 after acquiring an additional 423,338 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC bought a new stake in CONSOL Energy during the third quarter worth about $31,922,000. Hennessy Advisors Inc. purchased a new stake in CONSOL Energy in the fourth quarter worth about $20,810,000. Finally, Dalal Street LLC lifted its holdings in shares of CONSOL Energy by 94.9% during the third quarter. Dalal Street LLC now owns 396,570 shares of the company’s stock valued at $41,604,000 after purchasing an additional 193,096 shares during the last quarter. 86.54% of the stock is owned by hedge funds and other institutional investors.

About CONSOL Energy

CONSOL Energy Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company's PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.