Q4 2024 EPS Estimates for Warrior Met Coal, Inc. (NYSE:HCC) Cut by Analyst

Warrior Met Coal, Inc. (NYSE:HCC) – Analysts at B. Riley decreased their Q4 2024 earnings per share (EPS) estimates for Warrior Met Coal in a research note issued on Thursday, May 2nd. B. Riley analyst L. Pipes now forecasts that the company will earn $1.60 per share for the quarter, down from their prior estimate of $1.71. B. Riley currently has a “Buy” rating and a $91.00 target price on the stock. The consensus estimate for Warrior Met Coal’s current full-year earnings is $6.83 per share. B. Riley also issued estimates for Warrior Met Coal’s Q1 2025 earnings at $1.81 EPS, Q2 2025 earnings at $1.93 EPS, Q3 2025 earnings at $1.87 EPS, Q4 2025 earnings at $1.81 EPS, FY2025 earnings at $7.41 EPS, Q1 2026 earnings at $1.87 EPS and FY2026 earnings at $7.69 EPS.

Warrior Met Coal (NYSE:HCC) last announced its earnings results on Wednesday, May 1st. The company reported $2.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $0.61. The company had revenue of $503.50 million for the quarter, compared to analyst estimates of $474.99 million. Warrior Met Coal had a return on equity of 24.71% and a net margin of 25.94%. The firm’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period in the prior year, the company posted $3.57 EPS.

A number of other research analysts have also recently issued reports on HCC. Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a report on Thursday. Citigroup raised Warrior Met Coal from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $60.00 to $75.00 in a research report on Thursday, April 11th. UBS Group assumed coverage on Warrior Met Coal in a report on Tuesday, January 16th. They issued a “neutral” rating and a $68.00 price objective on the stock. Finally, BMO Capital Markets lifted their target price on Warrior Met Coal from $62.00 to $70.00 and gave the stock a “market perform” rating in a report on Thursday. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Warrior Met Coal presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.80.

Warrior Met Coal Stock Performance

Shares of Warrior Met Coal stock opened at $66.23 on Friday. The company has a 50 day moving average price of $60.90 and a 200 day moving average price of $58.58. The firm has a market capitalization of $3.46 billion, a P/E ratio of 7.97 and a beta of 1.05. The company has a quick ratio of 5.99, a current ratio of 6.86 and a debt-to-equity ratio of 0.10. Warrior Met Coal has a 52 week low of $31.97 and a 52 week high of $71.91.

Hedge Funds Weigh In On Warrior Met Coal

A number of large investors have recently bought and sold shares of HCC. Assenagon Asset Management S.A. purchased a new stake in shares of Warrior Met Coal in the fourth quarter valued at approximately $44,388,000. KGH Ltd raised its position in Warrior Met Coal by 11.2% during the third quarter. KGH Ltd now owns 2,590,000 shares of the company’s stock worth $132,297,000 after acquiring an additional 260,091 shares during the period. UBS Group AG lifted its holdings in Warrior Met Coal by 154.8% during the third quarter. UBS Group AG now owns 192,239 shares of the company’s stock valued at $9,820,000 after purchasing an additional 116,781 shares in the last quarter. Forest Avenue Capital Management LP acquired a new stake in shares of Warrior Met Coal in the fourth quarter valued at about $6,725,000. Finally, American Century Companies Inc. increased its stake in shares of Warrior Met Coal by 10.7% during the third quarter. American Century Companies Inc. now owns 961,388 shares of the company’s stock worth $49,108,000 after purchasing an additional 92,941 shares in the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

Insider Transactions at Warrior Met Coal

In other news, Director Alan H. Schumacher bought 2,000 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The stock was purchased at an average cost of $58.15 per share, for a total transaction of $116,300.00. Following the purchase, the director now directly owns 30,270 shares in the company, valued at approximately $1,760,200.50. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Warrior Met Coal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 13th. Shareholders of record on Monday, May 6th will be given a $0.08 dividend. The ex-dividend date is Friday, May 3rd. This represents a $0.32 annualized dividend and a yield of 0.48%. Warrior Met Coal’s dividend payout ratio is presently 3.85%.

About Warrior Met Coal

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.