Alpha Metallurgical Resources, Inc. (NYSE:AMR – Free Report) – Research analysts at B. Riley dropped their FY2026 earnings estimates for shares of Alpha Metallurgical Resources in a report issued on Thursday, April 10th. B. Riley analyst N. Giles now anticipates that the energy company will post earnings per share of $41.59 for the year, down from their prior forecast of $42.15. B. Riley currently has a “Buy” rating and a $183.00 target price on the stock. The consensus estimate for Alpha Metallurgical Resources’ current full-year earnings is $14.31 per share. B. Riley also issued estimates for Alpha Metallurgical Resources’ FY2027 earnings at $40.82 EPS.
Alpha Metallurgical Resources Trading Up 7.2 %
Shares of NYSE:AMR opened at $118.43 on Monday. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 4.35 and a beta of 1.08. Alpha Metallurgical Resources has a 12-month low of $100.00 and a 12-month high of $361.17. The business has a 50-day moving average price of $140.35 and a 200 day moving average price of $189.08.
Institutional Investors Weigh In On Alpha Metallurgical Resources
A number of institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC lifted its holdings in shares of Alpha Metallurgical Resources by 11,100.3% in the 1st quarter. GAMMA Investing LLC now owns 34,945 shares of the energy company’s stock worth $4,377,000 after acquiring an additional 34,633 shares during the last quarter. AdvisorNet Financial Inc lifted its stake in Alpha Metallurgical Resources by 214.3% during the first quarter. AdvisorNet Financial Inc now owns 220 shares of the energy company’s stock worth $28,000 after purchasing an additional 150 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of Alpha Metallurgical Resources by 17.3% during the fourth quarter. Wellington Management Group LLP now owns 56,901 shares of the energy company’s stock worth $11,387,000 after buying an additional 8,386 shares during the period. Mackenzie Financial Corp purchased a new position in shares of Alpha Metallurgical Resources during the fourth quarter worth $1,001,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Alpha Metallurgical Resources in the fourth quarter valued at $60,000. 84.29% of the stock is currently owned by institutional investors and hedge funds.
Alpha Metallurgical Resources Company Profile
Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.
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