Q4 2024 EPS Estimates for Peabody Energy Co. (NYSE:BTU) Lowered by B. Riley

Peabody Energy Co. (NYSE:BTU) – Investment analysts at B. Riley dropped their Q4 2024 earnings per share (EPS) estimates for Peabody Energy in a research report issued to clients and investors on Monday, April 15th. B. Riley analyst L. Pipes now anticipates that the coal producer will post earnings per share of $0.86 for the quarter, down from their prior estimate of $1.01. B. Riley has a “Buy” rating and a $32.00 price target on the stock. The consensus estimate for Peabody Energy’s current full-year earnings is $3.66 per share. B. Riley also issued estimates for Peabody Energy’s FY2025 earnings at $2.58 EPS.

Peabody Energy (NYSE:BTU) last released its quarterly earnings results on Thursday, February 8th. The coal producer reported $1.33 EPS for the quarter, missing the consensus estimate of $1.41 by ($0.08). Peabody Energy had a return on equity of 21.45% and a net margin of 15.36%. The business had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the firm posted $2.65 EPS. The company’s revenue was down 24.1% compared to the same quarter last year.

Separately, Benchmark reaffirmed a “buy” rating and issued a $28.00 price target on shares of Peabody Energy in a research note on Friday, April 12th.

Peabody Energy Stock Down 0.2 %

Peabody Energy stock traded down $0.06 during midday trading on Wednesday, hitting $24.03. The stock had a trading volume of 3,907,349 shares, compared to its average volume of 3,818,545. The company has a current ratio of 2.06, a quick ratio of 1.70 and a debt-to-equity ratio of 0.09. The stock has a market cap of $3.06 billion, a P/E ratio of 4.84 and a beta of 0.98. Peabody Energy has a 12 month low of $17.71 and a 12 month high of $27.24. The business has a fifty day moving average price of $24.59 and a 200 day moving average price of $24.53.

Peabody Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 13th. Shareholders of record on Thursday, February 22nd were issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date was Wednesday, February 21st. Peabody Energy’s dividend payout ratio (DPR) is 6.02%.

Insider Buying and Selling at Peabody Energy

In related news, Director Nicholas J. Chirekos sold 14,000 shares of the stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $25.50, for a total value of $357,000.00. Following the completion of the sale, the director now owns 24,279 shares in the company, valued at $619,114.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other Peabody Energy news, CFO Mark Spurbeck sold 6,826 shares of the firm’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $24.57, for a total transaction of $167,714.82. Following the completion of the transaction, the chief financial officer now owns 75,464 shares in the company, valued at $1,854,150.48. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Nicholas J. Chirekos sold 14,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $25.50, for a total transaction of $357,000.00. Following the transaction, the director now owns 24,279 shares of the company’s stock, valued at approximately $619,114.50. The disclosure for this sale can be found here. Insiders sold 52,806 shares of company stock worth $1,339,565 over the last ninety days. Company insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Peabody Energy

Hedge funds and other institutional investors have recently bought and sold shares of the business. Harbour Investments Inc. boosted its holdings in Peabody Energy by 323.1% during the fourth quarter. Harbour Investments Inc. now owns 1,100 shares of the coal producer’s stock worth $29,000 after purchasing an additional 840 shares during the last quarter. Main Street Group LTD bought a new stake in Peabody Energy in the fourth quarter worth about $29,000. Financial Management Professionals Inc. bought a new stake in Peabody Energy in the third quarter worth about $30,000. EverSource Wealth Advisors LLC raised its position in Peabody Energy by 84.5% in the third quarter. EverSource Wealth Advisors LLC now owns 1,240 shares of the coal producer’s stock worth $32,000 after acquiring an additional 568 shares during the period. Finally, Macquarie Group Ltd. bought a new stake in Peabody Energy in the second quarter worth about $33,000. 87.44% of the stock is owned by institutional investors.

About Peabody Energy

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.