WHITEHAVEN COAL LIMITED (WHC)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

WHC

WHC - WHITEHAVEN COAL LIMITED

FNArena Sector : Coal
Year End: June
GICS Industry Group : Energy
Debt/EBITDA: 1.51
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Whitehaven Coal is an Australian coal miner with four mines in the Gunnedah region of New South Wales. Three are open cut, with the other underground. The company was listed on the ASX in 2007.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$7.98

25 Jun
2026

-0.240

OPEN

$8.10

-2.92%

HIGH

$8.10

4,204,401

LOW

$7.83

TARGET
$9.308 16.6% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
BCB . 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 46.5 xxx
DPS (cps) xxx 10.0 15.9 xxx
EPS Growth xxx - 40.1% - 4.3% xxx
DPS Growth xxx - 33.3% 58.8% xxx
PE Ratio xxx N/A 17.8 xxx
Dividend Yield xxx N/A 1.9% xxx
Div Pay Ratio(%) xxx 20.6% 34.1% xxx

Dividend yield today if purchased 3 years ago: 1.50%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.21

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

0.8

No. Of Recommendations

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

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Bell Potter

29/04/2026

3

Hold

$8.10

1.50%

Bell Potter points to an inventory drawdown to assist sales for Whitehaven Coal's March quarter with production impacted by wet weather in Qld and geo-technical problems at Narrabri.

Realised prices rose 9% on the prior quarter to $207/t which aligns with higher met and thermal coal prices.

Management re-confirmed FY26 guidance with ROM production and sales tracking to the upper end. Bell Potter notes cost guidance stands at the mid-point of the range.

Higher diesel prices have impacted with each $1/l rise impacting on unit costs by -$10 to -$11/t while no diesel supply disruptions have transpired so far.

EPS forecasts are lowered by -20% for FY26 and -27% for FY27. Last week's debt refinancing achieves annual interest savings of $50m-$55m.

Target unchanged at $8.10 with a Hold rating.

FORECAST
Bell Potter forecasts a full year FY26 dividend of 6.90 cents and EPS of 24.90 cents.
Bell Potter forecasts a full year FY27 dividend of 6.50 cents and EPS of 39.30 cents.

Morgans

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

(xx/xx/xxxx)

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
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

Latest Coal News

1
Dividend Bonanza for Coronado Global Resources

May 11 2022 - Australia
2
New Hope For More Dividends

Mar 24 2022 - Australia
3
New Hope’s Cash Bank Spurs Speculation

Sep 22 2021 - Australia
4
Material Matters: Thermal Coal And Coking Coal

Sep 03 2021 - Commodities
5
ESG Focus: Climate Summit’s Coal Story

May 11 2021 - ESG Focus
6
Coronado Beset By Poor Prices, Higher Costs

Apr 22 2021 - Australia
7
Narrabri’s Faults Dog Whitehaven Coal

Apr 20 2021 - Australia
8
Surging Coal Prices Underpin New Hope

Mar 24 2021 - Australia
9
Glimmer Of Light For Coal, But Short Term

Oct 06 2020 - Commodities
10
Difficult Markets Persist For Whitehaven Coal

Jul 16 2020 - Australia