NACCO INDUSTRIES INC CLASS A (NC)
Energy · diversified mining and natural resources · NYSE
NACCO Industries is a natural resources company managing a portfolio of long-term contract mining, coal operations, and mineral assets designed to generate stable, recurring cash flows.
What NACCO INDUSTRIES INC CLASS A does
NACCO Industries is a diversified natural resources company that operates through three primary segments: Utility Coal Mining, Contract Mining, and Minerals and Royalties. The company provides long-term contract mining services, manages surface coal mines for power generation companies, and acquires and promotes the development of mineral and royalty interests. Additionally, the company provides natural resource restoration services and explores power generation project development.
Recent developments
In mid-2026, the company reassessed certain solar investments, leading to impairment charges and the pursuit of strategic alternatives including potential asset sales. Management expects second-half 2026 consolidated operating profit and net income to decline from first-half levels due to solar project curtailment costs and expected inventory write-downs at its Red Hills Power Plant operation.
From NACCO INDUSTRIES INC CLASS A's filing of 2026-08-31.
Themes: utility coal mining, contract mining services, mineral and royalty interests, environmental mitigation and reclamation, natural resource restoration
Fundamentals
- Price$36.53 as of 2026-10-08 close
- Market cap$322M date unknown (no dated share count)
- 1-year return-10.4% 2025-10-08 close $40.79 → 2026-10-08 close $36.53
- P/E12.73 as of 2026-10-08
- Net margin+6.3% FY2025, SEC XBRL
- Gross margin+13.9% FY2025, SEC XBRL
- ROE+4.1% FY2025, SEC XBRL
- Debt / equity0.29 as of 2026-09-03
- Revenue growth (YoY)+9.8% as of 2026-09-03
- Revenue CAGR (3y)+4.7% SEC XBRL
- Beta0.70 as of 2026-09-03
- Last reported earnings2026-08-31 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.8%; 8-year non-decreasing per-share dividend streak (SEC XBRL).
How NC compares in its sector
- price-to-earnings ratiomiddle range 108 covered Energy peers, as of 2026-10-08
- net profit marginmiddle range 135 covered Energy peers, as of 2026-09-03
- operating marginmiddle range 122 covered Energy peers, as of 2026-09-03
- gross marginmiddle range 26 covered Energy peers, as of 2026-09-03
- return on equitymiddle range 143 covered Energy peers, as of 2026-09-03
- 3-year revenue CAGRmiddle range 137 covered Energy peers
- indicated dividend yieldmiddle range 101 covered Energy peers, as of 2026-09-03
- free cash flow (absolute dollars, latest fiscal year)middle range 94 covered Energy peers, as of FY2025
Position among covered Energy companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, NC's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 42%, free-cash-flow payout 321%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout42% dividends / net income
- Free-cash-flow payout321% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How NACCO INDUSTRIES INC CLASS A looks technically
NACCO INDUSTRIES INC CLASS A (NC) is trading 23.8% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 47 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 27, with sellers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 36, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 9 trading days ago (its momentum flipped positive). It made a new 20-day low about 2 trading days ago. It is 3.0% above its 52-week low (its lowest price of the past year).
Trend
8
| Distance from the 200-day | it is trading 23.8% below its 200-day average, the long-term trend line — a long-term downtrend | -23.8% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $40.52 | $40.52 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $47.93 | $47.93 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Wave structure | its recent swings can be read as a completed five-part downward sequence — the pattern Elliott-wave chartists call an impulse — which on that reading would now be due a pullback rather than more of the same; the labelling fails if price closes below 35.45. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible five-wave downward sequence, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 47 trading days ago — a "death cross", a bearish long-term signal | 47 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 27, with sellers in control | 27.0 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 36, neither overbought (above 70) nor oversold (below 30) | 36.2 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($35.45 to $38.89) — its "stochastic" reading is 31 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 31.4 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 9 trading days ago (its momentum flipped positive) | 9 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $59.42 | $59.42 |
|---|---|---|
| From the 52-week high | it is 38.5% below its 52-week high (its highest price of the past year) | -38.5% |
| Above the 52-week low | it is 3.0% above its 52-week low (its lowest price of the past year) | +3.0% |
| Below the 52-week high | it is 38.5% below its highest point of the past year | 38.5% |
| Since a 20-day breakout | it made a new 20-day low about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day low about 2 trading days ago | 2 sessions |
| All-time high | its highest closing price on record is $66.40 (set on 2019-10-11) | $66.40 |
| Given back of the 52-week move | over the past year its closes ranged ($36.04 to $58.99), and it has recovered only a small part of its fall from last year’s high — 2% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $50.22 to $50.96. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 2.1% |
| From the all-time high | it is 45.0% below its all-time high | -45.0% |
| Nearest price level | it is trading 2.4% above a support level at $35.67 — a price it turned at six times since 2025-05-23, most recently on 2026-10-01. Since 2024-10-08 it has 6 such levels below the current price and 13 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -2.4% |
| All-time low | its lowest closing price on record is $0.3684 (set on 1978-11-14) | $0.3684 |
| Above the all-time low | it is 9814.7% above its all-time low | +9,815% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 44th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.16 between its high and its low — about 3.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.16 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $35.31 and $39.25 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $35.31 – $37.28 – $39.25 |
| Typical daily range (% of price) | its price moves about 3.2% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.2% |
| Stretch from the 200-day average | it is trading 9.9 daily ranges below its 200-day average price (23.8% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 9.9 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.73× |
|---|
Candlestick patterns
2
| Since a doji | 9 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 9 sessions ago |
|---|---|---|
| Since a hammer | 5 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 5 sessions ago |
Price gaps
2
| Gap at the open | it opened on 2026-10-08 0.6% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.6% |
|---|---|---|
| Gap filled | a 3.2% gap up opened on 2026-09-24 has been "filled" 10 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 10 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 10.6 percentage points (the stock lost 9.6% while the market gained 1.0%) | -10.6% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 26.1 percentage points (the stock lost 22.2% while the market gained 3.8%) | -26.1% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 45.9 percentage points (the stock lost 28.4% while the market gained 17.5%) | -45.9% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 25.4 percentage points (the stock lost 10.4% while the market gained 15.0%) | -25.4% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a fresh 20-day low, a strong downtrend, with sellers in control, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 16% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 8.9% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -15.8% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 21% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $46.53 — a volume-weighted average of daily closes over 192 sessions, not a true tick-by-tick VWAP. | -21.5% |
|---|
Price levels it has turned at before
NC last closed at $36.53 on 2026-10-08. Since 2024-10-08 it has turned at 6 prices below its last close and 13 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $35.67 | Support | 2.4% below the last close | turned there six times · 2025-05-23 to 2026-10-01 |
| $38.20 | Resistance | 4.6% above the last close | turned there three times · 2025-05-22 to 2025-07-16 |
| $34.46 | Support | 5.7% below the last close | turned there three times · 2024-11-06 to 2025-03-20 |
| $33.46 | Support | 8.4% below the last close | turned there twice · 2024-11-25 to 2025-02-21 |
| $39.85 | Resistance | 9.1% above the last close | turned there five times · 2025-04-09 to 2026-08-12 |
| $41.52 | Resistance | 13.7% above the last close | turned there twice · 2025-07-28 to 2025-11-04 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $35.45.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
This reading has stood for 1 trading day, since 2026-10-08.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · Broke down to a new 20-day low · lagging the market · Stretched far below its 200-day average (6+ daily ranges) · Trading below the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Key risks (from latest filing)
["high sensitivity to customer demand, operational outages, and contract stability at power plants","extensive federal and state environmental and mining regulation compliance costs","potential asset impairment charges and project curtailments in newer business initiatives"]
What changed in the latest 10-Q
AI-assisted comparison of NC's 10-Q filed 2026-05-05 against the prior one filed 2025-11-05.
Management's Discussion & Analysis (MD&A)
- Added:
- Added reference to 'reportable business segments' replacing 'business segments' (newer filing, 2026-05-05)
- Added phrase 'specialized, long-term contract mining services' instead of 'specialized contract mining services for producers of industrial minerals' (newer filing, 2026-05-05)
- Added 'mineral and royalty interests and other related investments' instead of 'mineral interests and related investments' (newer filing, 2026-05-05)
- Added new paragraph describing non-reportable segment businesses: 'In addition to the reportable segments discussed above, we also operate other businesses that are not currently reported as separate segments. These businesses complement our existing operations and support our long-term growth strategic objectives.' (newer filing, 2026-05-05)
- Added description of Mitigation Resources as 'natural resource restoration and reclamation services that include stream and wetland mitigation solutions' with ReGen Resources description moved to separate sentence (newer filing, 2026-05-05)
- Added 'We also have items not directly attributable to an operating segment' section reorganizing unallocated items discussion (newer filing, 2026-05-05)
- Changed Government Regulation reference from 'Government Regulation Update' with updates listed to 'Government Regulation and Environmental Matters' with reference to pages 9-14 of 2025 10-K (newer filing, 2026-05-05)
- Added statement 'The Government Regulation and Environmental Matters have not materially changed since December 31, 2025' (newer filing, 2026-05-05)
- Changed Critical Accounting Policies reference with statement that they 'have not materially changed since December 31, 2025' (newer filing, 2026-05-05)
- Removed:
- Removed 'robust business portfolio' language, replaced with 'robust portfolio of businesses' (older filing, 2025-11-05)
- Removed description of Contract Mining as serving 'producers of industrial minerals' (older filing, 2025-11-05)
- Removed paragraph about 2025 segment name changes (formerly Coal Mining, North American Mining, Minerals Management segments) (older filing, 2025-11-05)
- Removed segment name change explanatory language and historical comparison note (older filing, 2025-11-05)
- Removed section description of items excluded from operating segment financial results as 'reportable segment' items (older filing, 2025-11-05)
- Removed list of specific developing businesses (Mitigation Resources, ReGen Resources) from unallocated items paragraph (newer filing, 2026-05-05)
- Removed 'other income' reference in consolidated statement basis description (older filing, 2025-11-05)
- Removed entire Government Regulation Update section with EPA initiatives, federal coal leasing, OBBBA tax law changes, and tariff discussion (older filing, 2025-11-05)
- Reworded:
- Changed 'three business segments' to 'three reportable business segments' (newer filing, 2026-05-05)
- Changed Minerals and Royalties description from 'mineral interests' to 'mineral and royalty interests' (newer filing, 2026-05-05)
- Reordered and restructured description of non-segment businesses from integrated paragraph to separate subsections (newer filing, 2026-05-05)
- Changed reference from 'other income' to 'other expense' in consolidated basis statement (newer filing, 2026-05-05)
- Changed government regulation reference title and location from detailed updates to consolidated reference to 10-K (newer filing, 2026-05-05)
- Notes:
- Newer filing is truncated at end of financing activities section; comparison limited to available text
- Substantial regulatory and government discussion sections present in older filing are entirely removed in newer filing, representing significant editorial consolidation rather than substantive business change
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for NC — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding NC as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 560,815
- Reported value $28,068,793
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 4 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about NC's institutional holders → See what each manager we track holds →
Short interest (FINRA)
NC had 70,928 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for NC because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 70,928
- Prior settlement (shares) 50,565
- Reported change 40.27%
- Days to cover (reported) 3.7
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Peabody Energy (BTU)
- Arch Resources (ARCH)
- Alpha Metallurgical Resources (AMR)
- Consol Energy (CEIX)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare NC vs…
Frequently asked questions
What does NACCO INDUSTRIES INC CLASS A (NC) do?
NACCO Industries is a diversified natural resources company that operates through three primary segments: Utility Coal Mining, Contract Mining, and Minerals and Royalties. The company provides long-term contract mining services, manages surface coal mines for power generation companies, and acquires and promotes the development of mineral and royalty interests. Additionally, the company provides natural resource restoration services and explores power generation project development.
What sector is NACCO INDUSTRIES INC CLASS A (NC) in?
NACCO INDUSTRIES INC CLASS A (NC) is classified in the Energy sector. Its industry is diversified mining and natural resources. It trades on NYSE.
Does NC pay a dividend?
Yes — NACCO INDUSTRIES INC CLASS A (NC) pays a dividend, with an indicated yield of about 2.82% and 8-year non-decreasing per-share dividend streak (SEC EDGAR XBRL) (market data, as of 2026-09-03). Informational only — not financial advice.
Who are NACCO INDUSTRIES INC CLASS A's (NC) competitors?
Notable peers of NACCO INDUSTRIES INC CLASS A (NC) include Peabody Energy, Arch Resources, Alpha Metallurgical Resources and Consol Energy. This peer set is informational only — not financial advice.
Is NACCO INDUSTRIES INC CLASS A (NC) overbought or oversold right now?
NACCO INDUSTRIES INC CLASS A (NC) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 36, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on NC come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.