Shares of Warrior Met Coal Inc. (NYSE:HCC) have been given a consensus recommendation of “Hold” by the eleven ratings firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $25.89.

Several research firms recently commented on HCC. Zacks Investment Research lowered shares of Warrior Met Coal from a “buy” rating to a “hold” rating in a research note on Tuesday, October 24th. Royal Bank Of Canada reissued a “buy” rating and set a $27.00 target price on shares of Warrior Met Coal in a research note on Wednesday, September 6th. Macquarie began coverage on shares of Warrior Met Coal in a research note on Thursday, September 7th. They set an “underperform” rating and a $24.00 target price for the company. MKM Partners reissued a “neutral” rating and set a $21.00 target price (up from $18.00) on shares of Warrior Met Coal in a research note on Thursday, August 24th. Finally, Citigroup Inc. increased their target price on shares of Warrior Met Coal from $24.00 to $28.00 and gave the company a “neutral” rating in a research note on Tuesday, September 26th.

Warrior Met Coal (NYSE:HCC) last released its earnings results on Thursday, August 3rd. The company reported $2.52 EPS for the quarter, beating the consensus estimate of $1.93 by $0.59. The business had revenue of $363.37 million for the quarter, compared to analyst estimates of $321.75 million.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 10th. Stockholders of record on Friday, November 3rd will be issued a dividend of $0.05 per share. The ex-dividend date is Thursday, November 2nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.77%.

Several hedge funds have recently added to or reduced their stakes in HCC. Skylands Capital LLC acquired a new stake in shares of Warrior Met Coal during the second quarter valued at approximately $2,870,000. Gilder Gagnon Howe & Co. LLC acquired a new stake in shares of Warrior Met Coal during the second quarter valued at approximately $4,256,000. Schwab Charles Investment Management Inc. acquired a new stake in shares of Warrior Met Coal during the second quarter valued at approximately $1,074,000. First Mercantile Trust Co. acquired a new stake in shares of Warrior Met Coal during the second quarter valued at approximately $131,000. Finally, Rhumbline Advisers acquired a new stake in shares of Warrior Met Coal during the second quarter valued at approximately $343,000. Institutional investors and hedge funds own 98.17% of the company’s stock.

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About Warrior Met Coal

Warrior Met Coal, Inc, formerly Warrior Met Coal, LLC, is a producer and exporter of metallurgical coal for the steel industry from underground mines located in Brookwood, Alabama, southwest of Birmingham and near Tuscaloosa. These underground coalmines are 1,400 to 2,100 feet underground. Its operations serve markets in the United States, Europe, Asia and South America via barge and rail access to the Port of Mobile.

Analyst Recommendations for Warrior Met Coal (NYSE:HCC)

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