Welcome to our dedicated page for NACCO Industries news (Ticker: NC), a resource for investors and traders seeking the latest updates and insights on NACCO Industries stock.
NACCO Industries reports news about a diversified natural resources business built around NACCO Natural Resources operations. Recurring updates cover Utility Coal Mining, Contract Mining, Minerals and Royalties, aggregates, reliable fuels, and environmental solutions, including ecological restoration and stream and wetland mitigation credits through Mitigation Resources of North America.
Company announcements also address quarterly and annual operating results, segment profit drivers, long-term contract mining activity, mineral and royalty investments, land acquisitions for mitigation banking, regular cash dividends, stock repurchase authorizations, and the trading status of NACCO Class A common stock under the NC symbol.
NACCO Industries (NYSE: NC) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.2625 per share. The dividend applies to both Class A and Class B common stock and will be paid on September 15, 2026 to shareholders of record on August 31, 2026.
NACCO Industries (NYSE: NC) appointed Patrick J. Burns as an independent member of its Board of Directors, effective August 19, 2026. Burns brings more than 30 years of executive leadership across manufacturing and industrial businesses, including chief executive officer, chief financial officer and board roles.
He most recently served as CEO of Precision Fabrics Group from 2022 to July 2026 and was previously President and CEO of AGY Holdings. Earlier positions included leadership roles in finance, business development, investor relations, sales and marketing at Lear, Masland, IBM and Wachovia. Burns holds an economics degree from Vanderbilt University and an MBA with honors from the University of North Carolina at Chapel Hill.
North American Mining, a business within NACCO Natural Resources and subsidiary of NACCO Industries (NYSE: NC), announced two multi-year contract extensions with long-standing customers in Florida and Arkansas. These agreements support its strategy of expanding a diversified portfolio of long-term mining contracts.
The Florida deal is a 20-year contract extension, doubling the previous term, to continue dragline mining at two limestone quarries using higher-capacity equipment, with expected output of 3–4 million tons annually. In southwest Arkansas, a four-year extension with a sand and gravel customer is expected to produce about 800,000 tons annually, positioning the company to support nearly 5 million tons of aggregate production each year.
NACCO Industries (NYSE: NC) reported Q2 2026 revenues of $72.3 million, up 6% year over year, with gross profit rising 123% to $15.2 million. Consolidated Adjusted EBITDA increased 72% to $15.9 million. However, a $12.0 million solar asset impairment led to an operating loss of $2.3 million and a net loss of $1.0 million, or $(0.13) per share, versus Q2 2025 net income of $3.3 million.
Utility Coal Mining revenues declined 25%, but operating profit improved to $6.3 million on better Mississippi Lignite results and higher earnings from unconsolidated mines. Contract Mining revenues excluding reimbursables rose 34% to $16.4 million, with operating profit up to $3.8 million on new dragline and limestone contracts. Minerals and Royalties revenues grew to $10.6 million, driven by a 46% increase in royalty revenues.
At June 30, 2026, NACCO had $120.1 million of debt and total liquidity of $114.6 million. According to NACCO, full-year 2026 Consolidated Adjusted EBITDA is expected to improve year over year, but operating profit and net income are expected to be significantly below 2025 due to realized and anticipated solar and coal-related charges.
NACCO Industries (NYSE:NC) will release its 2026 second quarter financial results after the market close on Wednesday, August 5, 2026. The company will host a conference call on Thursday, August 6, 2026 at 8:30 a.m. Eastern Time to discuss these results.
Investors can join by phone using North America toll-free (888) 880-3330 or international (646) 357-8766 with Conference ID 3241028, or listen via live webcast on NACCO's investor relations website, where an archived replay will also be available.
NACCO Industries (NYSE: NC) announced a planned Board leadership succession. After 32 years as Chairman, Alfred M. Rankin Jr. stepped down on May 15, 2026, and remains a director. General John P. Jumper, a director since 2012, becomes non-executive Chairman, and Matthew M. Rankin, a director since 2017, is appointed Vice Chair.
The company highlights continuity of experience, independent board leadership, and ongoing support for President and CEO J.C. Butler as NACCO pursues its growth initiatives.
NACCO Industries (NYSE: NC) declared a regular quarterly cash dividend of $0.2625 per share, a 4% increase from $0.2525. The dividend applies to both Class A and Class B shares, payable June 15, 2026 to shareholders of record on June 1, 2026.
The new dividend equals an annual rate of $1.05 per share. Management notes a long history of annual dividend increases since 1956, except for resets tied to strategic spinoffs in 2012 and 2017.
NACCO Industries (NYSE: NC) reported Q1 2026 consolidated results with gross profit $14.3M (+48% YoY), operating profit $11.0M (+43% YoY), net income $8.8M (+80% YoY) and diluted EPS $1.17 versus $0.66 a year earlier. Consolidated revenues were $62.8M, down 4% YoY. Adjusted EBITDA was $16.4M (+28% YoY). Liquidity totaled $102.7M and outstanding debt was $126.4M. Management cited strength in Utility Coal and Contract Mining and noted capital spending of $33M in Q1 and up to $57M planned for 2026.
NACCO Industries (NYSE:NC) will release its 2026 First Quarter financial results after market close on Tuesday, May 5, 2026, followed by a conference call on Wednesday, May 6, 2026 at 8:30 a.m. ET.
The conference call offers North America toll-free and international dial-in numbers and Conference ID 1610203. A telephone replay is available through May 13, 2026. The call will be webcast live at ir.nacco.com, with an archived webcast posted two hours after the live call ends.
NACCO Industries (NYSE:NC) subsidiary Mitigation Resources of North America acquired 958 acres in Wilson County, Tennessee, to develop a mitigation bank providing stream and wetland credits for a 14-county area around greater Nashville. Initial credits are anticipated to be available in 2029.
The project targets residential, industrial and infrastructure development demand, doubles the typical service range for similar banks, and begins restoration planning and regulatory coordination immediately.