Consol Energy Inc. Announces Quarterly Dividend of $0.06 (CNX)
Consol Energy (NYSE:CNX) declared a quarterly dividend on Tuesday, February 4th, Analyst Ratings Network.com reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.0625 per share on Friday, February 28th. This represents a $0.25 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend is Wednesday, February 12th.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Consol Energy in a research note to investors on Tuesday. They now have a $39.00 price target on the stock. On a related note, analysts at Goldman Sachs Group Inc. initiated coverage on shares of Consol Energy in a research note to investors on Monday, December 23rd. They set a “neutral” rating and a $41.00 price target on the stock. Finally, analysts at Deutsche Bank initiated coverage on shares of Consol Energy in a research note to investors on Thursday, December 12th. They set a “buy” rating on the stock. Five investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $44.56.
Consol Energy (NYSE:CNX) traded up 2.36% during mid-day trading on Tuesday, hitting $37.75. 2,322,134 shares of the company’s stock traded hands. Consol Energy has a 52-week low of $26.25 and a 52-week high of $39.57. The stock has a 50-day moving average of $37.64 and a 200-day moving average of $35.17. The company has a market cap of $8.650 billion and a P/E ratio of 12.85.
Consol Energy (NYSE:CNX) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.56. The company had revenue of $825.23 million for the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the previous year, the company posted $0.43 earnings per share. The company’s revenue for the quarter was down 11.7% on a year-over-year basis. On average, analysts predict that Consol Energy will post $1.15 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.