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An update from Core Natural Resources ( (CNR) ) is now available.
On May 7, 2026, Core Natural Resources reported first-quarter 2026 net income of $21.0 million, or $0.41 per diluted share, on revenues of $1.1 billion and adjusted EBITDA of $179.9 million, reflecting strong operational execution led by Leer South and West Elk. The metallurgical segment posted higher realized pricing and sharply lower cash costs per ton, while the high calorific value thermal and Powder River Basin segments delivered stable margins despite weather-driven power price spikes and softer winter demand.
The company generated $119.4 million in operating cash flow and $55.5 million in free cash flow in the quarter, and returned $47.0 million to shareholders through buybacks and dividends, bringing total capital returned since early 2025 to $292.1 million. With roughly 6.6 percent of shares repurchased to date, $733.8 million of buyback authorization remaining as of March 31, 2026, and a $0.10 quarterly dividend declared for payment on June 12, 2026, Core underscored its strategy of using robust free cash flow to support aggressive capital returns and reinforce its position in the coal market.
The most recent analyst rating on (CNR) stock is a Buy with a $116.00 price target. To see the full list of analyst forecasts on Core Natural Resources stock, see the CNR Stock Forecast page.
Spark’s Take on CNR Stock
According to Spark, TipRanks’ AI Analyst, CNR is a Neutral.
The score is primarily held back by the 2025 earnings reversal and sharply weaker free cash flow, despite a much stronger balance sheet. The latest earnings call provides meaningful support with improved 2026 contracting, operational restarts, and ongoing capital returns, while technical signals are neutral-to-soft and valuation is constrained by a negative P/E and very low dividend yield.
To see Spark’s full report on CNR stock, click here.
More about Core Natural Resources
Core Natural Resources, Inc., listed on the NYSE as CNR and based in Canonsburg, Pa., operates across high calorific value thermal, metallurgical and Powder River Basin coal segments. The company focuses on supplying coking coal and thermal coal to power and steel markets, with flagship operations including Leer South, West Elk and the Pennsylvania Mining Complex.
Average Trading Volume: 986,750
Technical Sentiment Signal: Buy
Current Market Cap: $4.45B
See more data about CNR stock on TipRanks’ Stock Analysis page.