NEW HOPE CORPORATION LIMITED (NHC)
Share Price Analysis and Chart

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NHC

NHC - NEW HOPE CORPORATION LIMITED

FNArena Sector : Coal
Year End: July
GICS Industry Group : Energy
Debt/EBITDA: 0.76
Index: ASX200 | ASX300 | ALL-ORDS

New Hope is an Australian coal producer with interests including Bengalla and New Acland, associated port infrastructure, agricultural operations and investments.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$5.99

29 Oct
2026

0.130

OPEN

$5.90

2.22%

HIGH

$6.01

2,886,116

LOW

$5.90

TARGET
$6.35 6.0% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BRL . CRN . MMI . SMR . TER . WHC . YAL .
FNARENA'S MARKET CONSENSUS FORECASTS
NHC: 1
Title FY25
Actual		 FY26
Actual		 FY27
Forecast		 FY28
Forecast
EPS (cps) xxx 19.1 37.0 xxx
DPS (cps) xxx 40.0 39.5 xxx
EPS Growth xxx - 63.3% 93.8% xxx
DPS Growth xxx 17.6% - 1.3% xxx
PE Ratio xxx N/A 16.0 xxx
Dividend Yield xxx N/A 6.6% xxx
Div Pay Ratio(%) xxx 209.4% 106.7% xxx

Dividend yield today if purchased 3 years ago: 6.93%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 6.73

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: 21/09 - ex-div 30.00c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2026 FactSet UK Limited. All rights reserved
Title 202120222023202420252026
EPS Basic xxxxxxxxxxxxxxx19.1
DPS All xxxxxxxxxxxxxxx40.0
Sales/Revenue xxxxxxxxxxxxxxx1,747.9 M
Book Value Per Share xxxxxxxxxxxxxxx309.9
Net Operating Cash Flow xxxxxxxxxxxxxxx564.1 M
Net Profit Margin xxxxxxxxxxxxxxx9.21 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202120222023202420252026
Return on Capital Employed xxxxxxxxxxxxxxx6.14 %
Return on Invested Capital xxxxxxxxxxxxxxx5.90 %
Return on Assets xxxxxxxxxxxxxxx4.50 %
Return on Equity xxxxxxxxxxxxxxx6.14 %
Return on Total Capital xxxxxxxxxxxxxxx8.94 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx172.6 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 xxxxxxxxxxxxxxx257 M
Long Term Debt xxxxxxxxxxxxxxx132 M
Total Debt xxxxxxxxxxxxxxx389 M
Goodwill - Gross xxxxxxxxxxxxxxx6 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx778 M
Price To Book Value xxxxxxxxxxxxxxx1.67

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202120222023202420252026
Capex xxxxxxxxxxxxxxx193.5 M
Capex % of Sales xxxxxxxxxxxxxxx11.07 %
Cost of Goods Sold xxxxxxxxxxxxxxx1,125 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx355 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx365 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

0.3

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgans

xx/xx/xxxx

2

xxxxxxx xx xxxxxxxxxx xxxx xxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

2

xxxxxxx xx xxxxxxxxxx xxxx xxxx

$xx.xx

xx.xx%

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Bell Potter

20/10/2026

5

Sell

$5.30

-11.52%

New Hope will acquire the 74% it does not own of Malabar Resources, which owns the Maxwell underground mine, via a scheme of arrangement, with Malabar shareholders to receive 0.50 new New Hope shares per share held. The implementation is targeted by March 2027.

Bell Potter updates its outlook for coal prices in the near term and now factors in a thermal price of US$141/t in FY27 and US$110/t in FY28. Hard coking coal is estimated at US$235/t in FY27 and unchanged thereafter with a long-term price of US$180/t.

Sell rating maintained. While the acquisition will materially strengthen the company's long-term production outlook, the Maxwell longwall ramp-up to 5mtpa brings operating complexity over the medium term. Target is raised to $5.30 from $5.00.

FORECAST
Bell Potter forecasts a full year FY27 dividend of 30.00 cents and EPS of 36.30 cents.
Bell Potter forecasts a full year FY28 dividend of 18.00 cents and EPS of 16.40 cents.

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 >

NHC STOCK CHART

FNArena News on NHC

1
Weekly Ratings, Targets, Forecast Changes – 23-10-26

Oct 26 2026 - Weekly Reports
2
Next Week At A Glance – 26-30 Oct 2026

Oct 23 2026 - Weekly Reports
3
Weekly Ratings, Targets, Forecast Changes – 25-09-26

Sep 28 2026 - Weekly Reports
4
FNArena Corporate Results Monitor – 25-09-2026

Sep 25 2026 - Australia
5
New Hope Rides Thermal Coal Wave

Sep 21 2026 - Commodities

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