Peabody Energy (NYSE:BTU) Releases Quarterly Earnings Results, Misses Estimates By $0.25 EPS

Peabody Energy (NYSE:BTU) issued its quarterly earnings results on Thursday. The coal producer reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.25), Zacks reports. Peabody Energy had a net margin of 12.24% and a return on equity of 14.74%.

Peabody Energy Stock Performance

Shares of Peabody Energy stock traded down $1.41 during trading hours on Thursday, reaching $16.57. The company had a trading volume of 5,304,260 shares, compared to its average volume of 3,155,732. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.32 and a quick ratio of 1.75. Peabody Energy has a one year low of $16.43 and a one year high of $29.94. The firm has a market cap of $2.01 billion, a PE ratio of 4.37 and a beta of 0.95. The business has a fifty day simple moving average of $20.32 and a 200 day simple moving average of $22.89.

Peabody Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 11th. Shareholders of record on Wednesday, February 19th will be issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 1.81%. Peabody Energy’s payout ratio is 7.94%.

Wall Street Analyst Weigh In

BTU has been the subject of several research analyst reports. BMO Capital Markets raised Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 target price for the company in a research report on Monday, December 16th. Benchmark raised their price objective on shares of Peabody Energy from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, November 1st. Finally, Jefferies Financial Group decreased their price target on shares of Peabody Energy from $30.00 to $26.00 and set a “buy” rating for the company in a research note on Monday, January 6th.

Peabody Energy Company Profile

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.