Peabody Energy Co. (BTU) to Issue $0.12 Not Available Dividend

Peabody Energy Co. (NYSE:BTU) declared a Not Available dividend on Wednesday, February 7th, Zacks reports. Shareholders of record on Monday, February 19th will be given a dividend of 0.115 per share by the coal producer on Monday, March 5th. This represents a yield of 0.00296468161897396%. The ex-dividend date is Thursday, February 15th.

Peabody Energy (NYSE BTU) traded down $1.52 during trading hours on Thursday, reaching $38.79. The company’s stock had a trading volume of 572,745 shares, compared to its average volume of 1,013,725. Peabody Energy has a 12-month low of $22.58 and a 12-month high of $41.17. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.47 and a current ratio of 1.75.

Peabody Energy (NYSE:BTU) last posted its quarterly earnings results on Wednesday, February 7th. The coal producer reported $1.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.19. The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.51 billion. Peabody Energy had a return on equity of 19.92% and a net margin of 4.60%. The firm’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the business posted ($10.53) EPS. analysts expect that Peabody Energy will post 9.72 earnings per share for the current year.

BTU has been the topic of a number of analyst reports. B. Riley reissued a “buy” rating on shares of Peabody Energy in a research note on Wednesday, November 1st. Zacks Investment Research raised Peabody Energy from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a research note on Wednesday, October 25th. FBR & Co reissued a “buy” rating and issued a $37.00 price target (up previously from $36.00) on shares of Peabody Energy in a research note on Wednesday, October 25th. Jefferies Group upgraded shares of Peabody Energy to a “buy” rating and upped their price objective for the company from $38.00 to $43.00 in a research report on Tuesday, December 5th. Finally, ValuEngine upgraded shares of Peabody Energy from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $41.20.

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About Peabody Energy

Peabody Energy Corporation is a coal company. The Company’s segments include Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, Trading and Brokerage, and Corporate and Other. Its Powder River Basin Mining operations consist of its mines in Wyoming.

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