Warrior Met Coal (NYSE:HCC) Announces Earnings Results

Warrior Met Coal (NYSE:HCC) announced its quarterly earnings data on Wednesday. The company reported $1.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.25, FiscalAI reports. Warrior Met Coal had a net margin of 9.36% and a return on equity of 6.44%. The firm had revenue of $509.69 million for the quarter, compared to analysts’ expectations of $488.46 million. During the same period last year, the firm earned $0.11 earnings per share. The business’s revenue for the quarter was up 71.3% on a year-over-year basis.

Here are the key takeaways from Warrior Met Coal’s conference call:

• Blue Creek drove a major earnings inflection: Second-quarter sales volume rose 65% year over year to a record 3.7 million short tons, while adjusted EBITDA increased 193% to $157 million and adjusted EBITDA margin expanded to 31%.
• Warrior generated $103 million of free cash flow in the quarter, bringing first-half free cash flow to positive $11 million after completing Blue Creek development spending. Management said the shift toward cash generation could support increased shareholder returns, including potential buybacks.
• The company raised full-year 2026 production and sales guidance by 0.5 million tons, including 5 million tons of Blue Creek sales, 90% of which is already contracted; management continues to target maximizing the mine’s production capacity over time.
• Management expects coking coal prices to remain range-bound below the supply-driven highs seen earlier in 2026, with suppressed second-tier relativities and elevated freight and demurrage costs potentially pressuring second-half net selling prices, profitability, and free cash flow.
• Although Blue Creek is lowering unit costs, the company anticipates several dollars per ton of possible cost inflation in the second half from materials, supplies, and fuel, while recurring 2026 capital expenditures are expected at roughly $130 million to $150 million including Blue Creek.

Warrior Met Coal Trading Up 3.7%

HCC traded up $3.04 during mid-day trading on Wednesday, hitting $84.54. The stock had a trading volume of 825,097 shares, compared to its average volume of 652,379. The stock’s fifty day simple moving average is $87.03 and its 200-day simple moving average is $88.13. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.48 and a quick ratio of 2.42. The firm has a market capitalization of $4.46 billion, a price-to-earnings ratio of 32.27 and a beta of 0.65. Warrior Met Coal has a 1-year low of $53.03 and a 1-year high of $110.39.

Warrior Met Coal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 10th will be issued a $0.08 dividend. The ex-dividend date is Monday, August 10th. This represents a $0.32 annualized dividend and a yield of 0.4%. Warrior Met Coal’s dividend payout ratio (DPR) is 12.21%.

Insider Activity

In other news, insider Kelli K. Gant sold 20,000 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $110.00, for a total value of $2,200,000.00. Following the completion of the transaction, the insider owned 67,775 shares of the company’s stock, valued at $7,455,250. The trade was a 22.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.10% of the stock is owned by company insiders.

Institutional Trading of Warrior Met Coal

Several hedge funds have recently added to or reduced their stakes in HCC. Maryland State Retirement & Pension System grew its stake in Warrior Met Coal by 1.6% in the fourth quarter. Maryland State Retirement & Pension System now owns 7,678 shares of the company’s stock valued at $677,000 after acquiring an additional 121 shares during the period. Gotham Asset Management LLC raised its position in shares of Warrior Met Coal by 1.7% during the fourth quarter. Gotham Asset Management LLC now owns 13,213 shares of the company’s stock worth $1,165,000 after purchasing an additional 227 shares during the period. Parallel Advisors LLC raised its position in shares of Warrior Met Coal by 272.1% during the fourth quarter. Parallel Advisors LLC now owns 413 shares of the company’s stock worth $36,000 after purchasing an additional 302 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of Warrior Met Coal by 20.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,874 shares of the company’s stock valued at $166,000 after purchasing an additional 315 shares in the last quarter. Finally, California State Teachers Retirement System lifted its holdings in shares of Warrior Met Coal by 0.7% during the 2nd quarter. California State Teachers Retirement System now owns 48,341 shares of the company’s stock valued at $2,215,000 after purchasing an additional 337 shares in the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on HCC shares. Weiss Ratings downgraded Warrior Met Coal from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 30th. Citigroup reaffirmed a “buy” rating on shares of Warrior Met Coal in a research note on Wednesday, June 10th. UBS Group dropped their price objective on Warrior Met Coal from $102.00 to $100.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. Zacks Research upgraded Warrior Met Coal from a “strong sell” rating to a “strong-buy” rating in a report on Monday, June 29th. Finally, B. Riley Financial increased their target price on Warrior Met Coal from $117.00 to $123.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $103.00.

About Warrior Met Coal

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.