Arch Resources, Inc. (NYSE:ARCH – Free Report) – B. Riley cut their FY2025 earnings estimates for shares of Arch Resources in a research report issued on Wednesday, November 6th. B. Riley analyst L. Pipes now expects that the energy company will earn $16.98 per share for the year, down from their prior forecast of $17.08. B. Riley has a “Buy” rating and a $188.00 price target on the stock. The consensus estimate for Arch Resources’ current full-year earnings is $7.84 per share. B. Riley also issued estimates for Arch Resources’ FY2026 earnings at $20.37 EPS.
Arch Resources (NYSE:ARCH – Get Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The energy company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.83 by ($2.17). Arch Resources had a net margin of 9.24% and a return on equity of 17.91%. The business had revenue of $617.90 million during the quarter, compared to analyst estimates of $587.71 million. During the same quarter last year, the company posted $3.91 earnings per share. The company’s revenue was down 17.0% compared to the same quarter last year.
Get Our Latest Stock Report on Arch Resources
Arch Resources Trading Up 12.4 %
NYSE:ARCH opened at $166.43 on Thursday. The firm’s fifty day moving average is $136.82 and its 200-day moving average is $147.29. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.77 and a current ratio of 2.54. Arch Resources has a 52 week low of $116.44 and a 52 week high of $187.60. The firm has a market cap of $3.01 billion, a P/E ratio of 12.09 and a beta of 0.59.
Institutional Trading of Arch Resources
Several institutional investors and hedge funds have recently made changes to their positions in ARCH. Janney Montgomery Scott LLC raised its holdings in shares of Arch Resources by 94.0% in the first quarter. Janney Montgomery Scott LLC now owns 13,986 shares of the energy company’s stock valued at $2,249,000 after purchasing an additional 6,778 shares during the last quarter. Mutual of America Capital Management LLC purchased a new stake in shares of Arch Resources in the first quarter valued at about $509,000. Texas Permanent School Fund Corp purchased a new stake in shares of Arch Resources in the first quarter valued at about $2,585,000. Quantbot Technologies LP raised its holdings in shares of Arch Resources by 1,696.9% in the first quarter. Quantbot Technologies LP now owns 19,407 shares of the energy company’s stock valued at $3,120,000 after purchasing an additional 18,327 shares during the last quarter. Finally, Empowered Funds LLC raised its holdings in shares of Arch Resources by 248.6% in the first quarter. Empowered Funds LLC now owns 57,859 shares of the energy company’s stock valued at $9,303,000 after purchasing an additional 41,263 shares during the last quarter. Hedge funds and other institutional investors own 88.14% of the company’s stock.
Insiders Place Their Bets
In other Arch Resources news, VP Deck Slone sold 253 shares of the company’s stock in a transaction on Monday, October 14th. The shares were sold at an average price of $144.75, for a total transaction of $36,621.75. Following the transaction, the vice president now owns 29,120 shares in the company, valued at approximately $4,215,120. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 5.90% of the company’s stock.
Arch Resources Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, November 15th. This represents a $1.00 annualized dividend and a yield of 0.60%. Arch Resources’s payout ratio is 7.26%.
Arch Resources Company Profile
Arch Resources, Inc engages in the production and sale of metallurgical products. It operates in two segments, Metallurgical and Thermal. The company operates active mines. It owned or controlled primarily through long-term leases of coal land in Ohio, Maryland, Virginia, West Virginia, Wyoming, Kentucky, Montana, Pennsylvania, Colorado, and Illinois; and smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.
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