Peabody Energy (NYSE:BTU) Releases Quarterly Earnings Results, Misses Estimates By $0.25 EPS

Peabody Energy (NYSE:BTU) announced its quarterly earnings data on Thursday. The coal producer reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.25), Zacks reports. Peabody Energy had a return on equity of 10.33% and a net margin of 8.75%.

Peabody Energy Stock Down 2.7 %

NYSE BTU opened at $15.91 on Friday. Peabody Energy has a twelve month low of $15.79 and a twelve month high of $29.94. The stock has a market cap of $1.93 billion, a PE ratio of 5.89 and a beta of 0.95. The firm has a 50-day simple moving average of $20.01 and a 200 day simple moving average of $22.80. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.75 and a current ratio of 2.15.

Peabody Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 11th. Stockholders of record on Wednesday, February 19th will be issued a dividend of $0.075 per share. The ex-dividend date is Wednesday, February 19th. This represents a $0.30 annualized dividend and a dividend yield of 1.89%. Peabody Energy’s payout ratio is 11.11%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on BTU shares. BMO Capital Markets upgraded shares of Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 price target on the stock in a report on Monday, December 16th. Benchmark cut their target price on Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a report on Friday. Finally, Jefferies Financial Group decreased their price target on Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a research note on Monday, January 6th.

About Peabody Energy

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.