NACCO Industries (NC) Set to Announce Earnings on Wednesday

NACCO Industries (NYSE:NC) will release its earnings data after the market closes on Wednesday, July 31st. Parties interested in participating in the company’s conference call can do so using this link.

NACCO Industries (NYSE:NC) last released its earnings results on Wednesday, May 1st. The company reported $0.61 earnings per share for the quarter. The business had revenue of $53.29 million during the quarter. NACCO Industries had a positive return on equity of 2.79% and a negative net margin of 18.68%.

NACCO Industries Trading Down 3.2 %

NYSE NC opened at $29.89 on Tuesday. The stock has a market cap of $222.64 million, a PE ratio of -5.49 and a beta of 0.98. NACCO Industries has a 12 month low of $27.26 and a 12 month high of $38.66. The company’s 50-day moving average price is $30.94 and its 200-day moving average price is $31.70. The company has a current ratio of 3.33, a quick ratio of 2.14 and a debt-to-equity ratio of 0.07.

NACCO Industries Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Friday, May 31st were paid a $0.2275 dividend. The ex-dividend date of this dividend was Friday, May 31st. This represents a $0.91 dividend on an annualized basis and a yield of 3.05%. NACCO Industries’s dividend payout ratio is currently -16.73%.

Insider Transactions at NACCO Industries

In related news, SVP Thomas A. Maxwell sold 1,034 shares of the business’s stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $32.03, for a total value of $33,119.02. Following the completion of the sale, the senior vice president now owns 7,800 shares in the company, valued at $249,834. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 41.26% of the company’s stock.

NACCO Industries Company Profile

NACCO Industries, Inc, together with its subsidiaries, engages in the natural resources business. The company operates through three segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies.