ARCH Stock Price Arch Resources Inc Stock Quote U.S.: NYSE

Based on an average daily volume of 355,000 shares, the short-interest ratio is presently 4.0 days. These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec…

The process of making steel involves removing impurities and converting iron ore into molten iron. Metallurgical coal is used in a crucial step called the coking process. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Data are provided ‚as is’ for informational purposes only and are not intended for trading purposes.

As the rest of the stock market has struggled with economic uncertainty, political volatility and central bank quantitative tightening… According to one analyst, the rating for ARCH stock is „Strong Buy” and the 12-month stock price forecast is $195.0. In 2022, Arch Resources’s revenue was $3.72 billion, an increase of 68.68% compared to the previous year’s $2.21 billion. Earnings were $1.33 billion, an increase of 294.26%.

Information is provided ‚as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023. Arch Resources saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,430,000 shares, a decline of 11.2% from the August 15th total of 1,610,000 shares.

Dividend Strength

ARCH, +10.57% charged up 10.9% toward a three-month high in afternoon trading Thursday, after the producer and distributor of thermal coal reported a fourth-quarter profi… Arch’s balance sheet is now in a net cash position, holding approximately $100 million of net cash on its balance sheet. This cash position has emerged on the back of its might strong 2022 performance. But I’ve given myself a massive margin of safety and assumed that its total capital returns, via dividends and buybacks, will only be around 10% to 15%. Beyond declaring its dividend for September, Arch also repurchased $74 million worth of stock. This equates to approximately 3.3% of its shares repurchased during the quarter at approximately $118 per share.

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Style is calculated by combining value and growth scores, which are first individually calculated. As I’ve stated on numerous occasions, when you invest in a commodity company, the most important aspect is the company’s balance sheet. But without a strong balance, all other aspects are a distraction. In summary, metallurgical coal plays a critical role in the production of steel. This process is essential for turning raw materials into the strong, versatile, and indispensable material that is steel.

• In summary, metallurgical coal plays a critical role in the production of steel.
• The company sells its coal to power plants, steel mills, and industrial facilities.
• According to one analyst, the rating for ARCH stock is „Strong Buy” and the 12-month stock price forecast is $195.0.
• As I’ve stated on numerous occasions, when you invest in a commodity company, the most important aspect is the company’s balance sheet.

Arch Resources declared a None dividend on Thursday, July 27th. Shareholders of record on Thursday, August 31st will be given a dividend of $3.97 per share on Friday, September 15th. This is a positive change from the stock’s previous None dividend of $2.45.

Arch Resources to Announce Fourth Quarter 2022 Results on February 16

Arch Resources stands out among metcoal companies due to its strong balance sheet and high-quality management team. With a net cash position of approximately $100 million and the ability to return significant free cash flows to investors, having Arch in my portfolio provides 3 things. A cash yield in the portfolio for wealth preservation, steady compounding, and above all sanity when the rest of the market is acting volatile. Arch Resources, Inc. produces and sells metallurgical products. As of December 31, 2022, the company operated seven active mines.

Coal prices have surged amid a global energy shortage that has developed over the past two years. For many, coal is a thing of the past as renewable energy has entered the fray, and coal is by far the… One of the best performing asset classes this year has been coal.

Arch Resources Reports First Quarter 2023 Results

Meaning that, all together, I believe that there will continue to be 20% returns of capital going forward. I also believe that metcoal prices are stabilizing and that this will allow https://1investing.in/ Arch’s shareholders’ returns to increase further. 1 Wall Street equities research analysts have issued „buy,” „hold,” and „sell” ratings for Arch Resources in the last year.

Annualized, this figure reaches 13.2% of its market cap, via share repurchases. Arch Resources’ stock is owned by many different retail and institutional investors. Insiders that own company stock include James N Chapman, John A Ziegler, Matthew C Giljum, Patrick J Bartels Jr, Patrick J Bartels, Jr, Paul T Demzik and Rosemary L Klein. Style is an investment factor that has a meaningful impact on investment risk and returns.

The consensus among Wall Street equities research analysts is that investors should „buy” ARCH shares. View ARCH analyst ratings or view top-rated stocks. ARCH, +0.93% climbed 1.5% toward a record high in morning trading Tuesday, but pared earlier gains of as much as 10.5%, after the coal producer reported a fourth-quarter …

About Arch Resources (NYSE:ARCH) Stock

As my followers are aware, steel is a crucial metal for the energy transition. You can’t make solar panels and wind turbines without steel. You can’t build massive logistics warehouses and robots without steel. And you can’t build the electrical grid without steel. In a sentence, steel is crucial for the great electrification movement that’s underway.

I follow countless companies and select for you the most attractive investments. I do all the work of picking the most attractive stocks. Arch Resources’ Q2 dividend came in at $3.97, yielding about 12%. Here’s the thing, I don’t know exactly what the future of metcoal will end up at. What I believe we can surmise is that coal prices appear to have stabilized and started to move higher once again since the lows of July. And that the demand for coal isn’t going to go away any time soon.

From EVs to AI, heating to building, everything requires steel. ARCH earnings call for the deposit meaning in bank period ending March 31, 2021. You have already added five stocks to your watchlist.

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High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

ARCH’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. This leaves Arch able to return a significant amount of free cash flows to investors. And the best way to make steel is through the use of metcoal. The coke produced from the coking process has several important properties that make it perfect for steelmaking, including being a high-carbon source for making steel from iron.