Peabody Energy (BTU) Scheduled to Post Quarterly Earnings on Thursday

Peabody Energy (NYSE:BTU) is scheduled to be announcing its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.66 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Peabody Energy (NYSE:BTU) last posted its quarterly earnings data on Thursday, February 8th. The coal producer reported $1.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.08). The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. Peabody Energy had a net margin of 15.36% and a return on equity of 21.45%. The company’s revenue was down 24.1% on a year-over-year basis. During the same quarter last year, the business earned $2.65 earnings per share. On average, analysts expect Peabody Energy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Peabody Energy Trading Up 0.0 %

Shares of NYSE:BTU opened at $23.45 on Thursday. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of 4.71 and a beta of 0.98. Peabody Energy has a 1-year low of $17.71 and a 1-year high of $27.24. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.70 and a current ratio of 2.06. The company has a 50 day moving average price of $24.41 and a 200 day moving average price of $24.50.

Peabody Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 13th. Investors 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 1.28%. The ex-dividend date of this dividend was Wednesday, February 21st. Peabody Energy’s payout ratio is 6.02%.

Insider Transactions at Peabody Energy

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

Analyst Ratings Changes

A number of research firms recently commented on BTU. B. Riley decreased their price objective on shares of Peabody Energy from $34.00 to $32.00 and set a “buy” rating for the company in a research note on Monday, April 15th. Benchmark reiterated a “buy” rating and set a $28.00 price target on shares of Peabody Energy in a research note on Friday, April 12th.

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.