B. Riley Brokers Reduce Earnings Estimates for CONSOL Energy Inc. (NYSE:CEIX)

CONSOL Energy Inc. (NYSE:CEIX) – B. Riley lowered their FY2025 EPS estimates for CONSOL Energy in a report issued on Wednesday, October 9th. B. Riley analyst L. Pipes now expects that the company will post earnings of $15.15 per share for the year, down from their previous forecast of $15.60. B. Riley currently has a “Buy” rating and a $138.00 price target on the stock. The consensus estimate for CONSOL Energy’s current full-year earnings is $11.53 per share.

CONSOL Energy Price Performance

CEIX opened at $110.67 on Monday. The stock’s 50 day moving average price is $98.03 and its 200-day moving average price is $95.10. CONSOL Energy has a 52-week low of $75.43 and a 52-week high of $114.30. The stock has a market capitalization of $3.25 billion, a PE ratio of 6.71 and a beta of 1.73. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.31 and a current ratio of 1.55.

CONSOL Energy (NYSE:CEIX) last posted its earnings results on Thursday, August 8th. The company reported $1.96 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.68. The company had revenue of $501.10 million during the quarter, compared to analyst estimates of $429.90 million. CONSOL Energy had a net margin of 18.28% and a return on equity of 30.50%. During the same period in the prior year, the business posted $4.94 earnings per share.

CONSOL Energy Cuts Dividend

The business also recently announced a Variable dividend, which was paid on Friday, September 13th. Stockholders of record on Friday, August 30th were given a $0.25 dividend. The ex-dividend date was Friday, August 30th. This represents a dividend yield of 0.5%. CONSOL Energy’s dividend payout ratio is 1.52%.

Hedge Funds Weigh In On CONSOL Energy

A number of institutional investors have recently bought and sold shares of CEIX. Blue Trust Inc. raised its position in shares of CONSOL Energy by 2,931.3% in the 2nd quarter. Blue Trust Inc. now owns 485 shares of the company’s stock worth $49,000 after acquiring an additional 469 shares in the last quarter. Sound Income Strategies LLC purchased a new position in CONSOL Energy during the 3rd quarter valued at about $51,000. CWM LLC boosted its stake in CONSOL Energy by 70.7% during the second quarter. CWM LLC now owns 531 shares of the company’s stock worth $54,000 after acquiring an additional 220 shares in the last quarter. EntryPoint Capital LLC purchased a new stake in CONSOL Energy in the first quarter worth about $56,000. Finally, GAMMA Investing LLC increased its stake in shares of CONSOL Energy by 54.1% during the second quarter. GAMMA Investing LLC now owns 880 shares of the company’s stock valued at $90,000 after purchasing an additional 309 shares in the last quarter. 86.54% of the stock is owned by institutional investors.

CONSOL Energy Company Profile

CONSOL Energy Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company's PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.