Ankündigung • 5h
NACCO Industries, Inc. Appoints Patrick J. Burns to Board of Directors, Effective August 19, 2026 NACCO Industries, Inc. announced that effective August 19, 2026, Mr. Patrick J. Burns was appointed to the Board of Directors. In connection with the appointment of Mr. Burns, the size of the Board was increased from 11 to 12 members. Mr. Burns served as the Chief Executive Officer of Precision Fabrics Group, Inc. from 2022 to July 2026. Prior to rejoining Precision Fabrics in 2022, Mr. Burns served in various leadership roles with the company from 1998 to 2014, including as Co-Chief Executive Officer and Chief Financial Officer. From 2014 to 2022, Mr. Burns served as the Chief Executive Officer of AGY Holdings Corp., a global leader in high performance glass fiber materials. Mr. Burns has over thirty years of experience in financial and business development leadership roles. Mr. Burns held leadership positions in finance, business development, investor relations, sales and marketing with Lear Corporation, Masland Corporation, International Business Machines Corporation (IBM) and Wachovia Corporation. Mr. Burns holds a Bachelor of Arts degree in Economics from Vanderbilt University and is an honors graduate of the Master of Business Administration program at the University of North Carolina at Chapel Hill. The Board has determined that Mr. Burns qualifies as an independent director under the applicable listing standards of the New York Stock Exchange, the rules and regulations of the Securities and Exchange Commission and the Company's corporate governance guidelines. Reported Earnings • Aug 07
Second quarter 2026 earnings released: US$0.13 loss per share (vs US$0.44 profit in 2Q 2025) Second quarter 2026 results: US$0.13 loss per share (down from US$0.44 profit in 2Q 2025). Revenue: US$72.3m (up 6.0% from 2Q 2025). Net loss: US$963.0k (down 130% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 8 highly experienced directors. Independent Director William McDonald was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • May 18
NACCO Industries, Inc. Announces Board Changes NACCO Industries, Inc. announced a planned transition to its Board of Directors leadership, reflecting the company's ongoing commitment to strong governance and thoughtful succession planning. After 32 years of distinguished service as Chairman of the Board, Alfred M. Rankin, Jr. stepped down from the role, effective May 15, 2026. He will continue to serve as a member of the Board. The Board has appointed General John P. Jumper, a long-standing director who has served on the Board since 2012, as the new Chairman. In addition, the Board has appointed Matthew M. Rankin, who has served on the Board since 2017, as Vice Chair. lfred M. Rankin, Jr. previously served as the Company's President and CEO from 1991 to 2017. Matthew M. Rankin brings experience as the Chief Executive Officer of a property management and development company as well as the perspective of a substantial company stockholder. General Jumper previously served as Chief of Staff of the United States Air Force and Chairman and Chief Executive Officer of Leidos Holdings, Inc. Declared Dividend • May 17
First quarter dividend increased to US$0.26 Dividend of US$0.26 is 4.0% higher than last year. Ex-date: 1st June 2026 Payment date: 15th June 2026 Dividend yield will be 2.1%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (35% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 2.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Ankündigung • May 14
NACCO Industries Declares Regular Quarterly Cash Dividend on Class A and Class B Common Stock, Payable on June 15, 2026 NACCO Industries announced that its Board of Directors declared a regular quarterly cash dividend of $0.2625 per share, which represents a 4% increase compared to the prior quarterly dividend rate of $0.2525 per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 15, 2026 to stockholders of record at the close of business on June 1, 2026. The new dividend is equal to an annual rate of $1.05 per share. Ankündigung • May 07
NACCO Industries, Inc. to Report Q2, 2026 Results on Aug 05, 2026 NACCO Industries, Inc. announced that they will report Q2, 2026 results at 5:00 PM, US Eastern Standard Time on Aug 05, 2026 Reported Earnings • May 06
First quarter 2026 earnings released: EPS: US$1.18 (vs US$0.67 in 1Q 2025) First quarter 2026 results: EPS: US$1.18 (up from US$0.67 in 1Q 2025). Revenue: US$62.8m (down 4.3% from 1Q 2025). Net income: US$8.84m (up 80% from 1Q 2025). Profit margin: 14% (up from 7.5% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Apr 01
NACCO Industries, Inc., Annual General Meeting, May 15, 2026 NACCO Industries, Inc., Annual General Meeting, May 15, 2026. Location: at 5490 kluncy canyon road, winnemucca, nevada 89445, United States Recent Insider Transactions • Mar 10
Senior VP of Finance & Treasurer recently sold US$87k worth of stock On the 9th of March, Thomas Maxwell sold around 2k shares on-market at roughly US$48.55 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$592k more than they bought in the last 12 months. Reported Earnings • Mar 05
Full year 2025 earnings released: EPS: US$2.37 (vs US$4.58 in FY 2024) Full year 2025 results: EPS: US$2.37 (down from US$4.58 in FY 2024). Revenue: US$277.2m (up 17% from FY 2024). Net income: US$17.6m (down 48% from FY 2024). Profit margin: 6.3% (down from 14% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Declared Dividend • Feb 23
Third quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 2nd March 2026 Payment date: 16th March 2026 Dividend yield will be 1.8%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Ankündigung • Feb 20
NACCO Industries Declares Regular Quarterly Cash Dividend, Payable on March 16, 2026 NACCO Industries announced that its Board of Directors declared a regular quarterly cash dividend of 25.25 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid March 16, 2026 to stockholders of record at the close of business on March 2, 2026. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$54.95, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 14x in the Oil and Gas industry in the US. Total returns to shareholders of 54% over the past three years. Declared Dividend • Nov 21
Third quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 1st December 2025 Payment date: 15th December 2025 Dividend yield will be 2.0%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (24% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Recent Insider Transactions • Nov 13
Senior VP & Controller recently sold US$136k worth of stock On the 10th of November, Elizabeth Loveman sold around 3k shares on-market at roughly US$45.22 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$410k more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$50.31, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 14x in the Oil and Gas industry in the US. Total returns to shareholders of 16% over the past three years. Ankündigung • Nov 07
Nacco Industries, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2025 and Full Year 2026 NACCO Industries, Inc. provided earnings guidance for the fourth quarter and full year of 2025 and full year 2026. For the quarter, the company anticipate consolidated operating profit for the 2025 fourth quarter to be comparable to the prior year quarter.
For the year 2025, the company expects operating profit will be lower than 2024 due in part to the 2025 second-quarter break-even results. The pension settlement charge and lower operating profit are expected to lead to a substantial year-over-year decrease in net income and EBITDA compared with the 2024 fourth quarter and full year.
For the year 2026, the company expects meaningful year-over-year improvements in both operating profit and net income in 2026. Reported Earnings • Nov 07
Third quarter 2025 earnings released: EPS: US$1.78 (vs US$2.14 in 3Q 2024) Third quarter 2025 results: EPS: US$1.78 (down from US$2.14 in 3Q 2024). Revenue: US$76.6m (up 24% from 3Q 2024). Net income: US$13.3m (down 15% from 3Q 2024). Profit margin: 17% (down from 25% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Sep 08
Senior VP & Controller recently sold US$126k worth of stock On the 4th of September, Elizabeth Loveman sold around 3k shares on-market at roughly US$39.18 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$275k more than they bought in the last 12 months. Declared Dividend • Aug 25
Second quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 2nd September 2025 Payment date: 15th September 2025 Dividend yield will be 2.5%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (22% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Ankündigung • Aug 22
NACCO Industries Declares Regular Quarterly Cash Dividend on Class A and Class B Common Stock, Payable on September 15, 2025 NACCO Industries announced on August 21, 2025 that its Board of Directors declared a regular quarterly cash dividend of 25.25 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid September 15, 2025 to stockholders of record at the close of business on September 2, 2025. Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: US$0.44 (vs US$0.81 in 2Q 2024) Second quarter 2025 results: EPS: US$0.44 (down from US$0.81 in 2Q 2024). Revenue: US$68.2m (up 30% from 2Q 2024). Net income: US$3.26m (down 45% from 2Q 2024). Profit margin: 4.8% (down from 11% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • May 23
Senior VP of Finance & Treasurer recently sold US$149k worth of stock On the 21st of May, Thomas Maxwell sold around 4k shares on-market at roughly US$36.18 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$182k more than they bought in the last 12 months. Recent Insider Transactions Derivative • May 22
Senior VP of Finance & Treasurer notifies of intention to sell stock Thomas Maxwell intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 21st of May. If the sale is conducted around the recent share price of US$36.15, it would amount to US$149k. Since June 2024, Thomas' direct individual holding has increased from 7.80k shares to 10.34k. There has only been one transaction (US$33k sale) from insiders over the last 12 months. Declared Dividend • May 18
First quarter dividend increased to US$0.25 Dividend of US$0.25 is 11% higher than last year. Ex-date: 30th May 2025 Payment date: 16th June 2025 Dividend yield will be 2.6%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Ankündigung • May 15
NACCO Industries, Inc. Declares Regular Quarterly Cash Dividend, Payable June 16, 2025 NACCO Industries announced that its Board of Directors declared a regular quarterly cash dividend of 25.25 cents per share, which represents an 11% increase compared to the prior quarterly dividend rate of 22.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 16, 2025 to stockholders of record at the close of business on May 30, 2025. Reported Earnings • May 01
First quarter 2025 earnings released: EPS: US$0.67 (vs US$0.61 in 1Q 2024) First quarter 2025 results: EPS: US$0.67 (up from US$0.61 in 1Q 2024). Revenue: US$65.6m (up 23% from 1Q 2024). Net income: US$4.90m (up 7.2% from 1Q 2024). Profit margin: 7.5% (down from 8.6% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$36.43, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 11x in the Oil and Gas industry in the US. Total loss to shareholders of 15% over the past three years. Ankündigung • Apr 09
NACCO Industries, Inc., Annual General Meeting, May 14, 2025 NACCO Industries, Inc., Annual General Meeting, May 14, 2025. Location: 9621 parkside drive, tennessee, knoxville, United States Reported Earnings • Mar 06
Full year 2024 earnings released: EPS: US$4.58 (vs US$5.29 loss in FY 2023) Full year 2024 results: EPS: US$4.58 (up from US$5.29 loss in FY 2023). Revenue: US$237.7m (up 11% from FY 2023). Net income: US$33.7m (up US$73.3m from FY 2023). Profit margin: 14% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Ankündigung • Mar 06
NACCO Industries, Inc. Provides Earnings Guidance for the Year 2025 NACCO Industries, Inc. provided earnings guidance for the year 2025. The Company expects to lead to a substantial year-over-year decrease in net income compared with 2024 also the company expects to generate a modest year-over-year increase in consolidated operating profit. Declared Dividend • Feb 25
Third quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 3rd March 2025 Payment date: 17th March 2025 Dividend yield will be 2.8%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Ankündigung • Feb 20
NACCO Industries, Inc. Industries Declares Quarterly Dividend on Class A and Class B Common Stock, Payable March 17, 2025 NACCO Industries announced that the Board of Directors declared a regular cash dividend of 22.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid March 17, 2025 to stockholders of record at the close of business on March 3, 2025. Declared Dividend • Nov 22
Third quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 2nd December 2024 Payment date: 16th December 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Ankündigung • Nov 20
NACCO Industries Declares Quarterly Dividend, Payable December 16, 2024 NACCO Industries® announced that the Board of Directors declared a regular cash dividend of 22.75 cents per share. The dividend is payable on both the Class
A and Class B Common Stock, and will be paid December 16, 2024 to stockholders of record at the close of business on December 2, 2024. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$2.14 (vs US$0.51 loss in 3Q 2023) Third quarter 2024 results: EPS: US$2.14 (up from US$0.51 loss in 3Q 2023). Revenue: US$61.7m (up 33% from 3Q 2023). Net income: US$15.6m (up US$19.5m from 3Q 2023). Profit margin: 25% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Ankündigung • Oct 31
NACCO Industries, Inc. to Report Q4, 2024 Results on Mar 05, 2025 NACCO Industries, Inc. announced that they will report Q4, 2024 results at 5:00 PM, US Eastern Standard Time on Mar 05, 2025 Declared Dividend • Aug 26
Second quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 3rd September 2024 Payment date: 16th September 2024 Dividend yield will be 3.2%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Ankündigung • Aug 23
NACCO Industries Declares Regular Quarterly Cash Dividend, Payable on September 16, 2024 NACCO Industries announced that the Board of Directors declared a regular quarterly cash dividend of 22.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid September 16, 2024 to stockholders of record at the close of business on September 3, 2024. Ankündigung • Aug 02
NACCO Industries, Inc. Provides Earnings Guidance for the Second Half and Full Year of 2024 NACCO Industries, Inc. provided earnings guidance for the second half and full year of 2024. Consolidated second-half operating profit is expected to increase compared with both the first half of 2024 and second half of 2023. These improvements are primarily due to anticipated increases in profitability at the Coal Mining segment from improved results at Mississippi Lignite Mining Company, Falkirk and Coteau. The company also expects consolidated net income in the 2024 second half to increase compared with the respective 2023 period.
The company also expects consolidated net income in the 2024 second half and full year to increase compared with the respective 2023 periods. This improvement is anticipated to be partly offset by an increase in net interest expense as a result of additional borrowings and lower cash levels and higher income tax expense. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: US$0.81 (vs US$0.34 in 2Q 2023) Second quarter 2024 results: EPS: US$0.81 (up from US$0.34 in 2Q 2023). Revenue: US$52.3m (down 15% from 2Q 2023). Net income: US$5.97m (up 137% from 2Q 2023). Profit margin: 11% (up from 4.1% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Declared Dividend • May 19
First quarter dividend increased to US$0.23 Dividend of US$0.23 is 4.6% higher than last year. Ex-date: 31st May 2024 Payment date: 17th June 2024 Dividend yield will be 2.7%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Ankündigung • May 16
NACCO Industries, Inc. Declares Quarterly Dividend, Payable on June 17, 2024 NACCO Industries announced that the Board of Directors increased its regular cash dividend from 21.75 cents to 22.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 17, 2024 to stockholders of record at the close of business on May 31, 2024. The new dividend is equal to an annual rate of $0.91 per share. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.61 (vs US$0.77 in 1Q 2023) First quarter 2024 results: EPS: US$0.61 (down from US$0.77 in 1Q 2023). Revenue: US$53.3m (up 6.3% from 1Q 2023). Net income: US$4.57m (down 20% from 1Q 2023). Profit margin: 8.6% (down from 11% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Ankündigung • May 02
NACCO Industries, Inc. Provides Consolidated Earnings and Operating Guidance for the Full Year of 2024 NACCO Industries, Inc. provided consolidated earnings and operating guidance for the full year of 2024. For the quarter, the company expects to generate net income compared with the substantial 2023 consolidated net loss, which included a $65.9 million impairment charge. These improvements are primarily due to anticipated increased profitability at the Coal Mining segment from improved results at Mississippi Lignite Mining Company, Falkirk and Coteau. The effect of North American Mining's growth and profit improvement initiatives are also expected to contribute to improved 2024 results.For the full year, the Company expects overall coal deliveries to increase modestly from 2023 levels primarily due to anticipated higher deliveries at Coteau and Falkirk. These improvements are expected to be partly offset by reduced deliveries at Mississippi Lignite Mining Company, due to an ongoing boiler issue, and the cessation of coal deliveries at the Company's Sabine Mine in April 2023. Ankündigung • Apr 11
NACCO Industries, Inc., Annual General Meeting, May 15, 2024 NACCO Industries, Inc., Annual General Meeting, May 15, 2024, at 09:30 Central Daylight. Location: 301 E. Main Street, Starkville Starkville Mississippi United States Agenda: To elect thirteen Directors, each for a term of one year and until their respective successors are duly elected and qualified; to approve an amendment to the Company's Restated Certificate of Incorporation to expand the exculpation provision to limit the liability of certain officers; to approve, on an advisory basis, the Company's Named Executive Officer compensation; to ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for 2024; and to transact such other business as may properly come before the meeting. Reported Earnings • Mar 07
Full year 2023 earnings released: US$5.29 loss per share (vs US$10.14 profit in FY 2022) Full year 2023 results: US$5.29 loss per share (down from US$10.14 profit in FY 2022). Revenue: US$214.8m (down 11% from FY 2022). Net loss: US$39.6m (down 153% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Ankündigung • Mar 07
NACCO Industries, Inc. Provides Earnings Guidance for the Year 2024 NACCO Industries, Inc. provided earnings guidance for the year 2024. The Company expects to generate net income in 2024 compared with the substantial 2023 consolidated net loss. Declared Dividend • Feb 26
Third quarter dividend of US$0.22 announced Shareholders will receive a dividend of US$0.22. Ex-date: 1st March 2024 Payment date: 15th March 2024 Dividend yield will be 2.6%, which is lower than the industry average of 4.5%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 61% to shift the payout ratio to a potentially unsustainable range, which is more than the 13% EPS decline seen over the last 5 years. Ankündigung • Feb 22
NACCO Industries, Inc. Declares Quarterly Dividend, Payable on March 15, 2024 NACCO Industries, Inc. announced that the Board of Directors declared a regular cash dividend of 21.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid March 15, 2024 to stockholders of record at the close of business on March 4, 2024. Upcoming Dividend • Nov 22
Upcoming dividend of US$0.22 per share at 2.6% yield Eligible shareholders must have bought the stock before 29 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (4.9%). Lower than average of industry peers (4.5%). New Risk • Nov 03
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.2% net profit margin). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Reported Earnings • Nov 02
Third quarter 2023 earnings released: US$0.51 loss per share (vs US$1.45 profit in 3Q 2022) Third quarter 2023 results: US$0.51 loss per share (down from US$1.45 profit in 3Q 2022). Revenue: US$46.5m (down 25% from 3Q 2022). Net loss: US$3.83m (down 136% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Ankündigung • Nov 02
NACCO Industries, Inc. Provides Earnings Guidance for the Quarter and Full Year of 2023 and Full Year 2024 NACCO Industries, Inc. provided earnings guidance for the quarter and full year of 2023 and full year 2024. The Company expects that fourth-quarter 2023 improvements will produce operating profit and net income compared with consolidated third-quarter losses. However, fourth-quarter and full-year 2023 consolidated operating results are expected to be down significantly from the respective prior-year periods due to substantial decreases at the Coal Mining and Minerals Management segments. These reductions are expected to be partially offset by favorable changes in income taxes leading to modest net income for the 2023 full year. In 2024, the Company expects a significant increase in consolidated net income over 2023. These improvements are primarily due to increased profitability at the Coal Mining segment from improved results at Mississippi Lignite Mining Company, Falkirk and Coteau. Growth at North American Mining and Mitigation Resources is also expected to contribute to the higher 2024 net income. Board Change • Oct 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. Independent Director Valerie Sachs was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Aug 25
NACCO Industries, Inc. Declares Quarterly Dividend, Payable on September 15, 2023 NACCO Industries, Inc. announced that the Board of Directors declared a regular cash dividend of 21.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid September 15, 2023 to stockholders of record at the close of business on September 5, 2023. New Risk • Aug 04
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 14% Last year net profit margin: 38% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (95% cash payout ratio). Profit margins are more than 30% lower than last year (14% net profit margin). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$0.34 (vs US$5.07 in 2Q 2022) Second quarter 2023 results: EPS: US$0.34 (down from US$5.07 in 2Q 2022). Revenue: US$61.4m (flat on 2Q 2022). Net income: US$2.52m (down 93% from 2Q 2022). Profit margin: 4.1% (down from 61% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$35.22, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 6x in the Oil and Gas industry in the US. Total returns to shareholders of 58% over the past three years. Upcoming Dividend • May 23
Upcoming dividend of US$0.22 per share at 2.6% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 15 June 2023. Payout ratio is a comfortable 9.1% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of American dividend payers (5.1%). Lower than average of industry peers (4.8%). Ankündigung • May 19
NACCO Industries, Inc. Declares Quarterly Dividend, Payable on June 15, 2023 NACCO Industries, Inc. announced that the Board of Directors increased its regular cash dividend from 20.75 cents to 21.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 15, 2023 to stockholders of record at the close of business on May 31, 2023. The new dividend is equal to an annual rate of $0.87 per share. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$0.77 (vs US$1.74 in 1Q 2022) First quarter 2023 results: EPS: US$0.77 (down from US$1.74 in 1Q 2022). Revenue: US$50.1m (down 8.9% from 1Q 2022). Net income: US$5.69m (down 55% from 1Q 2022). Profit margin: 11% (down from 23% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Ankündigung • May 05
NACCO Industries, Inc. Provides Consolidated Earnings Guidance for the Year 2023 NACCO Industries, Inc. provided consolidated earnings guidance for the year 2023. Management continues to view the long-term business outlook for NACCO positively, despite an expected significant decrease in 2023 consolidated net income versus 2022 in part because 2022 included $30.9 million of pre-tax contract settlement income. Excluding the contract termination settlement income recognized in the 2022 second quarter, net income in the first half of 2023 is still expected to be significantly lower than the first half of 2022. As a result of the forecasted capital expenditures and anticipated substantial decrease in net income in 2023 is expected to be positive but decline significantly from 2022. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$38.26, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 6x in the Oil and Gas industry in the US. Total returns to shareholders of 68% over the past three years. Reported Earnings • Mar 16
Full year 2022 earnings released: EPS: US$10.14 (vs US$6.74 in FY 2021) Full year 2022 results: EPS: US$10.14 (up from US$6.74 in FY 2021). Revenue: US$241.7m (up 26% from FY 2021). Net income: US$74.2m (up 54% from FY 2021). Profit margin: 31% (up from 25% in FY 2021). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Board Change • Mar 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 5 highly experienced directors. Independent Director Bob Shapard was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Feb 27
Upcoming dividend of US$0.21 per share at 2.2% yield Eligible shareholders must have bought the stock before 06 March 2023. Payment date: 15 March 2023. Payout ratio is a comfortable 8.6% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of American dividend payers (4.3%). Lower than average of industry peers (4.7%).