Core Natural Resources (NYSE:CNR) Stock Price Expected to Rise, B. Riley Financial Analyst Says

Core Natural Resources (NYSE:CNR) had its target price raised by research analysts at B. Riley Financial from $118.00 to $122.00 in a research note issued on Monday, Benzinga reports. The firm currently has a “buy” rating on the energy company’s stock. B. Riley Financial‘s target price would indicate a potential upside of 32.27% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Weiss Ratings raised shares of Core Natural Resources from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, October 6th. UBS Group lowered shares of Core Natural Resources from a “buy” rating to a “neutral” rating and raised their price target for the stock from $101.00 to $105.00 in a report on Tuesday, August 18th. Finally, Zacks Research cut shares of Core Natural Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $113.50.

Core Natural Resources Trading Up 0.1%

Shares of NYSE:CNR traded up $0.14 during trading on Monday, reaching $92.23. 24,951 shares of the company traded hands, compared to its average volume of 716,627. The firm has a market capitalization of $4.58 billion, a price-to-earnings ratio of 45.99 and a beta of 0.25. Core Natural Resources has a 52-week low of $74.75 and a 52-week high of $114.80. The company has a current ratio of 1.83, a quick ratio of 1.32 and a debt-to-equity ratio of 0.11. The business’s fifty day moving average is $93.35 and its 200-day moving average is $88.92.

Core Natural Resources (NYSE:CNR) last issued its earnings results on Thursday, August 6th. The energy company reported $2.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $1.91. Core Natural Resources had a net margin of 2.34% and a return on equity of 0.03%. The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.11 billion. As a group, analysts forecast that Core Natural Resources will post 2.96 EPS for the current year.

Institutional Trading of Core Natural Resources

Large investors have recently bought and sold shares of the company. Baird Financial Group Inc. boosted its position in shares of Core Natural Resources by 4.4% during the second quarter. Baird Financial Group Inc. now owns 261,052 shares of the energy company’s stock valued at $20,889,000 after purchasing an additional 10,911 shares in the last quarter. Wealth High Governance Capital Ltda bought a new position in Core Natural Resources in the first quarter worth $4,406,000. Energy Income Partners LLC raised its holdings in Core Natural Resources by 68.9% in the first quarter. Energy Income Partners LLC now owns 223,354 shares of the energy company’s stock worth $23,392,000 after purchasing an additional 91,100 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Core Natural Resources in the first quarter worth $6,240,000. Finally, The Manufacturers Life Insurance Company lifted its position in Core Natural Resources by 228.8% during the first quarter. The Manufacturers Life Insurance Company now owns 85,770 shares of the energy company’s stock valued at $8,979,000 after buying an additional 59,683 shares during the period. 86.54% of the stock is owned by institutional investors.

About Core Natural Resources

Core Natural Resources, Inc is a diversified coal producer formed through the combination of Arch Resources and CONSOL Energy, completed in January 2025. The company mines and markets both metallurgical coal, which is used in steelmaking, and thermal coal, which is used primarily for electricity generation and industrial applications.

Core Natural Resources operates mining assets in the United States, including operations in the Appalachian region and the western United States. Its portfolio includes underground and surface mines, and the company also has coal logistics and export capabilities that support deliveries to domestic and international customers.

The company serves electric utilities, steel producers, industrial users and other customers in the United States and overseas.