Consol Energy Inc. Plans Quarterly Dividend of $0.13 (CNX)
Consol Energy (NYSE:CNX) declared a quarterly dividend on Friday, November 1st, Analyst Ratings Network.com reports. Shareholders of record on Friday, November 15th will be given a dividend of $0.125 per share on Wednesday, December 4th. This represents a $0.50 dividend on an annualized basis and a yield of 1.37%.
A number of research firms have recently commented on CNX. Analysts at Macquarie downgraded shares of Consol Energy from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday. On the ratings front, analysts at Brean Capital raised their price target on shares of Consol Energy from $41.00 to $43.00 in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Consol Energy from $39.00 to $42.00 in a research note to investors on Tuesday. They now have an “outperform” rating on the stock. Four research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $44.50.
Consol Energy (NYSE:CNX) traded down 0.33% on Friday, hitting $36.38. The stock had a trading volume of 330,931 shares. Consol Energy has a 1-year low of $26.25 and a 1-year high of $37.39. The stock has a 50-day moving average of $36.01 and a 200-day moving average of $32.91. The company has a market cap of $8.325 billion and a price-to-earnings ratio of 66.97.
Consol Energy (NYSE:CNX) last released its earnings data on Tuesday, October 29th. The company reported ($0.28) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.03 by $0.31. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the prior year, the company posted ($0.05) earnings per share. The company’s quarterly revenue was up 6.1% on a year-over-year basis. On average, analysts predict that Consol Energy will post $0.21 earnings per share for the current fiscal year.
CONSOL Energy Inc (NYSE:CNX) is a producer of coal and natural gas for global energy and raw material markets, which include the electric power generation industry and the steelmaking industry.
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