News stories about CNX Coal Resources (NYSE:CNXC) have trended somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. CNX Coal Resources earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the energy company an impact score of 47.3172445254503 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Zacks: Brokerages Anticipate CNX Coal Resources LP (CNXC) Will Announce Earnings of $0.48 Per Share (americanbankingnews.com)
- CNX Coal Resources LP (CNXC) Cut to “Strong Sell” at Zacks Investment Research (americanbankingnews.com)
- CNX Coal Resources LP :CNXC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 1, 2017 (finance.yahoo.com)
- Consol separates coal and natural gas entities (observer-reporter.com)
- CONSOL Energy Board of Directors Gives Final Approval to Separation of the Coal and E&P Businesses; Board Authorizes Increase to Share Repurchase Program (finance.yahoo.com)
Shares of CNX Coal Resources (NYSE:CNXC) opened at $14.30 on Monday. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.70 and a quick ratio of 0.52. The company has a market capitalization of $390.61, a PE ratio of 10.36 and a beta of 1.45.
CNX Coal Resources (NYSE:CNXC) last issued its quarterly earnings results on Monday, October 30th. The energy company reported $0.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.35). The firm had revenue of $78.26 million during the quarter, compared to analyst estimates of $76.46 million. CNX Coal Resources had a return on equity of 21.14% and a net margin of 9.94%. research analysts predict that CNX Coal Resources will post 1.43 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 8th will be paid a dividend of $0.5125 per share. This represents a $2.05 dividend on an annualized basis and a yield of 14.34%. The ex-dividend date is Tuesday, November 7th. CNX Coal Resources’s dividend payout ratio (DPR) is currently 148.55%.
A number of research firms have recently commented on CNXC. FBR & Co set a $23.00 price objective on CNX Coal Resources and gave the company a “buy” rating in a research report on Tuesday, October 31st. BidaskClub lowered CNX Coal Resources from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. Stifel Nicolaus set a $23.00 price target on CNX Coal Resources and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Zacks Investment Research lowered CNX Coal Resources from a “hold” rating to a “strong sell” rating in a research note on Thursday. Finally, Jefferies Group LLC set a $20.00 price target on CNX Coal Resources and gave the stock a “buy” rating in a research note on Friday, August 18th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $20.20.
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About CNX Coal Resources
CNX Coal Resources LP is a producer of high-British thermal units (Btu) thermal coal in the Northern Appalachian Basin and the eastern United States. 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.
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