E Daily Stock Analysis: NACCO Industries (NC)

NACCO Industries Inc. is known by the ticker symbol NC and is a member of the energy business sector as nano cap thermal coal enterprise. This is my second report on NACCO Industries Inc for this Vista portfolio. My previous report was on October 1, 2020.

NACCO Industries Inc. is a holding company that operates primarily in the mining industry. 

The company's operating segments include Coal Mining, North American Mining (NA Mining), and Minerals Management. 

Photo by Nikolay Kovalenko on Unsplash

It generates maximum revenue from the Coal Mining segment. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies and an activated carbon producer pursuant to a service-based business model.

The North American Mining segment provides value-added contract mining and other services for producers of aggregates, lithium, and other minerals; and contract mining services.

Minerals Management segment is involved in the leasing of its royalty and mineral interests to third-party exploration and production companies, and other mining companies and provides lease maintenance services

NACCO Industries, Inc. was founded in 1913 and is headquartered in Cleveland, Ohio.

Three key data points gauge dividend equities or funds like NACCO Industries, Inc. (NC):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money. 

NC Price

NACCO's price per share was $26.08 as of yesterday's market close. One year ago its price was $23.43. So NC's price has gained over 11.3% in the past year. 

Should NC's stock trade in the range of $18 to $38.00 this next year, its recent $26.08 price might rise by $5.42 to reach $31.50 by July 2, 2022. My estimate is$3.00 lower than the median of annual price gains estimated by another analyst tracking NC for a brokerage house.

NC Dividends

NACCO's most recent quarterly dividend payout of $0.1975 was paid June 15, 2021, and equates to $0.79 annually to yield 3.03% annually based on yesterday's $26.08 closing price. NC has paid increasing annual dividends for 36 years.

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Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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