Warrior Met Coal (NYSE:HCC) released its quarterly earnings data on Wednesday. The company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $1.04, Bloomberg Earnings reports. Warrior Met Coal had a return on equity of 51.58% and a net margin of 36.20%.
Shares of Warrior Met Coal (NYSE HCC) traded up $2.03 during trading on Wednesday, reaching $30.93. The company had a trading volume of 1,093,339 shares, compared to its average volume of 656,182. Warrior Met Coal has a 52 week low of $15.10 and a 52 week high of $31.19. The company has a market capitalization of $1,650.00 and a price-to-earnings ratio of 4.17.
The company also recently declared a quarterly dividend, which will be paid on Friday, March 2nd. Investors of record on Friday, February 23rd will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.65%. The ex-dividend date is Thursday, February 22nd. Warrior Met Coal’s payout ratio is presently 2.70%.
In related news, Director Franklin Mutual Advisers Llc sold 4,237 shares of the stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $20.46, for a total transaction of $86,689.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
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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.
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