Media stories about NACCO Industries (NYSE:NC) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. NACCO Industries earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned headlines about the company an impact score of 44.9504624726231 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
NACCO Industries (NYSE NC) opened at $40.85 on Friday. The stock has a market cap of $269.73, a price-to-earnings ratio of 6.30 and a beta of 0.43. NACCO Industries has a 52 week low of $19.60 and a 52 week high of $48.85. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.09 and a current ratio of 3.80.
NACCO Industries announced that its board has authorized a stock buyback program on Wednesday, February 14th that permits the company to buyback $25.00 million in shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Wednesday, February 28th. NACCO Industries’s dividend payout ratio (DPR) is presently 30.56%.
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About NACCO Industries
NACCO Industries, Inc is a holding company. The Company’s principal business includes mining. The Company operates through the NACoal segment. The Company’s subsidiary includes The North American Coal Corporation (NACoal). The Company’s NACoal segment mines coal for use in power generation and provides mining services for other natural resources companies.
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