CONSOL Energy Inc. Announces Quarterly Dividend of $0.25 (NYSE:CEIX)

CONSOL Energy Inc. (NYSE:CEIX) announced a quarterly dividend on Tuesday, November 5th,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.25 per share on Tuesday, November 26th. This represents a $1.00 annualized dividend and a yield of 0.80%. The ex-dividend date is Friday, November 15th.

CONSOL Energy has a dividend payout ratio of 6.5% meaning its dividend is sufficiently covered by earnings. Analysts expect CONSOL Energy to earn $15.99 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 6.3%.

CONSOL Energy Trading Down 0.4 %

Shares of NYSE CEIX traded down $0.53 during midday trading on Thursday, reaching $124.63. The company had a trading volume of 21,071 shares, compared to its average volume of 489,354. The stock has a market cap of $3.66 billion, a PE ratio of 9.18 and a beta of 1.73. CONSOL Energy has a one year low of $75.43 and a one year high of $130.47. The firm’s fifty day moving average price is $106.17 and its 200-day moving average price is $99.61. The company has a quick ratio of 1.16, a current ratio of 1.38 and a debt-to-equity ratio of 0.05.

CONSOL Energy (NYSE:CEIX) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $3.22 earnings per share for the quarter, beating the consensus estimate of $3.17 by $0.05. CONSOL Energy had a return on equity of 28.96% and a net margin of 18.02%. The firm had revenue of $574.90 million during the quarter, compared to the consensus estimate of $554.00 million. During the same quarter in the previous year, the company posted $3.11 earnings per share. The business’s revenue was up .9% on a year-over-year basis. On average, equities research analysts anticipate that CONSOL Energy will post 11.57 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, B. Riley raised their price target on shares of CONSOL Energy from $109.00 to $138.00 and gave the stock a “buy” rating in a report on Monday, October 7th.

CONSOL Energy Company Profile

CONSOL Energy Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company's PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.