WHITEHAVEN COAL LIMITED (WHC)
Share Price Analysis and Chart

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WHC

WHC - WHITEHAVEN COAL LIMITED

FNArena Sector : Coal
Year End: June
GICS Industry Group : Energy
Debt/EBITDA: 1.87
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Whitehaven Coal is an Australian coal producer with operations in NSW’s Gunnedah Basin and Queensland’s Bowen Basin, including the Blackwater and Daunia metallurgical coal mines acquired in 2024.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.87

29 Oct
2026

0.080

OPEN

$7.80

1.03%

HIGH

$7.95

2,784,627

LOW

$7.74

TARGET
$8.792 11.7% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BRL . CRN . MMI . NHC . SMR . TER . YAL .
FNARENA'S MARKET CONSENSUS FORECASTS
WHC: 1
Title FY25
Actual		 FY26
Actual		 FY27
Forecast		 FY28
Forecast
EPS (cps) xxx 48.6 72.6 xxx
DPS (cps) xxx 10.0 19.6 xxx
EPS Growth xxx - 40.1% 49.5% xxx
DPS Growth xxx - 33.3% 96.2% xxx
PE Ratio xxx N/A 10.8 xxx
Dividend Yield xxx N/A 2.5% xxx
Div Pay Ratio(%) xxx 20.6% 27.0% xxx

Dividend yield today if purchased 3 years ago: 1.37%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.28

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 02/09 - ex-div 6.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx48.6
DPS All xxxxxxxxxxxxxxx10.0
Sales/Revenue xxxxxxxxxxxxxxx5,401.0 M
Book Value Per Share xxxxxxxxxxxxxxx723.5
Net Operating Cash Flow xxxxxxxxxxxxxxx804.0 M
Net Profit Margin xxxxxxxxxxxxxxx7.13 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx6.63 %
Return on Invested Capital xxxxxxxxxxxxxxx4.91 %
Return on Assets xxxxxxxxxxxxxxx3.21 %
Return on Equity xxxxxxxxxxxxxxx6.63 %
Return on Total Capital xxxxxxxxxxxxxxx6.51 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx382.0 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 202120222023202420252026
Short-Term Debt xxxxxxxxxxxxxxx139 M
Long Term Debt xxxxxxxxxxxxxxx2,183 M
Total Debt xxxxxxxxxxxxxxx2,322 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx778 M
Price To Book Value xxxxxxxxxxxxxxx1.05

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx355.0 M
Capex % of Sales xxxxxxxxxxxxxxx6.57 %
Cost of Goods Sold xxxxxxxxxxxxxxx4,268 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx613 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx218 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

6
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

26/10/2026

1

Buy

$10.30

30.88%

Ord Minnett lowers its target for Whitehaven Coal by -20c to $10.30 and retains its Buy rating following the September quarter report.

Strong production and costs, near the lower end of FY27 guidance, were offset by port disruptions, with equity sales missing the broker's forecast by -8%.

Lower sales and realised prices pushed net debt to $1.4bn, the analysts note, delaying anticipated deleveraging.

Resolving port disruptions, accumulated inventories and stronger coal prices underpin forecast FY27 free cash flow (FCF) of $940m and net debt of $1.0bn by June.

The target reduction reflects higher net debt, while strong operations support the broker's confidence in balance sheet improvement.

FORECAST
Ord Minnett forecasts a full year FY27 dividend of 21.70 cents and EPS of 87.60 cents.
Ord Minnett forecasts a full year FY28 dividend of 12.20 cents and EPS of 49.10 cents.

Bell Potter

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

0

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY
Access Extra Coverage Research History >

WHC STOCK CHART

FNArena News on WHC

1
Divided Views Post Whitehaven’s Q1 Performance

Oct 28 2026 - Commodities
2
Rudi’s View: Quality At Home, Value Abroad

Oct 22 2026 - Rudi's View
3
Rudi’s View: Lower Bond Yields & Other Catalysts

Oct 21 2026 - Rudi's View
4
Rudi’s View: Australia’s Most Unloved Buy-Rated Stocks

Sep 23 2026 - Rudi's View
5
Rudi’s View: Australia Remains Outside The AI Party

Sep 09 2026 - Rudi's View

Latest Coal News

1
Divided Views Post Whitehaven’s Q1 Performance

Oct 28 2026 - Commodities
2
New Hope Rides Thermal Coal Wave

Sep 21 2026 - Commodities
3
Whitehaven Coal Beats June Quarter Challenges

Jul 29 2026 - Commodities
4
Treasure Chest: Whitehaven Coal

Apr 15 2026 - Treasure Chest
5
Coronado’s Bounce Off Support An Opportunity

Mar 10 2026 - Technicals
6
Is $5 The Next Target For New Hope Shares?

Feb 03 2026 - Technicals
7
Coronado’s Fate Lays With Coal Prices

Jan 30 2026 - Commodities
8
Stanmore Resources Destined For $4?

Jan 20 2026 - Technicals
9
False Break And A Large Bull-Flag For New Hope

Nov 04 2025 - Technicals
10
Higher Lows Supporting New Hope Shares

Aug 26 2025 - Technicals