Coal India (NSEI:COALINDIA) Price Target Increased by 19.49% to 418.81

The average one-year price target for Coal India (NSEI:COALINDIA) has been revised to 418.81 / share. This is an increase of 19.49% from the prior estimate of 350.49 dated January 16, 2024.

The price target is an average of many targets provided by analysts. The latest targets range from a low of 181.80 to a high of 589.05 / share. The average price target represents a decrease of 5.63% from the latest reported closing price of 443.80 / share.

Coal India Maintains 5.50% Dividend Yield

At the most recent price, the company's dividend yield is 5.50%.

Additionally, the company's dividend payout ratio is 0.51. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.

The company's 3-Year dividend growth rate is 0.96%, demonstrating that it has increased its dividend over time.

What is the Fund Sentiment?

There are 133 funds or institutions reporting positions in Coal India. This is a decrease of 1 owner(s) or 0.75% in the last quarter. Average portfolio weight of all funds dedicated to COALINDIA is 0.36%, an increase of 33.43%. Total shares owned by institutions decreased in the last three months by 15.48% to 205,290K shares.

What are Other Shareholders Doing?

IN:COALINDIA / Coal India Limited Shares Held by Institutions

VEIEX - Vanguard Emerging Markets Stock Index Fund Investor Shares holds 31,090K shares representing 0.50% ownership of the company. In it's prior filing, the firm reported owning 31,480K shares, representing a decrease of 1.25%. The firm increased its portfolio allocation in COALINDIA by 51.39% over the last quarter.

VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 30,781K shares representing 0.50% ownership of the company. In it's prior filing, the firm reported owning 30,343K shares, representing an increase of 1.42%. The firm increased its portfolio allocation in COALINDIA by 52.32% over the last quarter.

FEMSX - Fidelity Series Emerging Markets Opportunities Fund holds 22,809K shares representing 0.37% ownership of the company. In it's prior filing, the firm reported owning 24,266K shares, representing a decrease of 6.39%. The firm increased its portfolio allocation in COALINDIA by 50.74% over the last quarter.

IEMG - iShares Core MSCI Emerging Markets ETF holds 14,475K shares representing 0.23% ownership of the company. In it's prior filing, the firm reported owning 14,484K shares, representing a decrease of 0.06%. The firm increased its portfolio allocation in COALINDIA by 46.57% over the last quarter.

INDA - iShares MSCI India ETF holds 9,207K shares representing 0.15% ownership of the company. In it's prior filing, the firm reported owning 9,242K shares, representing a decrease of 0.37%. The firm increased its portfolio allocation in COALINDIA by 37.83% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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