Alliance Resource Partners, L.P. (NASDAQ:ARLP – Free Report) – Analysts at Singular Research cut their Q4 2024 earnings estimates for Alliance Resource Partners in a research report issued to clients and investors on Monday, December 2nd. Singular Research analyst D. Marsh now expects that the energy company will earn $0.59 per share for the quarter, down from their previous estimate of $0.73. Singular Research has a “Moderate Buy” rating on the stock. The consensus estimate for Alliance Resource Partners’ current full-year earnings is $3.20 per share. Singular Research also issued estimates for Alliance Resource Partners’ Q3 2025 earnings at $0.55 EPS and Q4 2025 earnings at $0.73 EPS.
ARLP has been the subject of a number of other reports. Benchmark raised their price objective on Alliance Resource Partners from $26.00 to $27.00 and gave the company a “buy” rating in a research note on Tuesday, October 29th. StockNews.com cut shares of Alliance Resource Partners from a “strong-buy” rating to a “buy” rating in a report on Friday, November 15th.
Alliance Resource Partners Stock Down 0.7 %
ARLP stock opened at $27.61 on Tuesday. The firm has a market capitalization of $3.54 billion, a PE ratio of 7.84 and a beta of 1.16. The company has a quick ratio of 1.69, a current ratio of 2.36 and a debt-to-equity ratio of 0.24. Alliance Resource Partners has a twelve month low of $18.32 and a twelve month high of $29.44. The stock’s 50 day moving average is $26.08 and its 200-day moving average is $24.75.
Alliance Resource Partners (NASDAQ:ARLP – Get Free Report) last released its quarterly earnings results on Monday, October 28th. The energy company reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.16). The company had revenue of $613.57 million for the quarter, compared to analyst estimates of $646.17 million. Alliance Resource Partners had a net margin of 18.52% and a return on equity of 23.74%. During the same quarter last year, the firm posted $1.18 EPS.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of ARLP. Tidal Investments LLC boosted its holdings in shares of Alliance Resource Partners by 1.2% in the 3rd quarter. Tidal Investments LLC now owns 34,283 shares of the energy company’s stock worth $857,000 after buying an additional 391 shares during the last quarter. Optimist Retirement Group LLC boosted its stake in Alliance Resource Partners by 1.8% in the third quarter. Optimist Retirement Group LLC now owns 93,462 shares of the energy company’s stock valued at $2,337,000 after acquiring an additional 1,691 shares during the last quarter. Recurrent Investment Advisors LLC grew its position in shares of Alliance Resource Partners by 6.2% during the 3rd quarter. Recurrent Investment Advisors LLC now owns 1,145,145 shares of the energy company’s stock valued at $28,629,000 after acquiring an additional 66,761 shares during the period. NFC Investments LLC increased its stake in shares of Alliance Resource Partners by 2.5% during the 3rd quarter. NFC Investments LLC now owns 69,800 shares of the energy company’s stock worth $1,745,000 after purchasing an additional 1,700 shares during the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Alliance Resource Partners in the 3rd quarter worth approximately $206,000. Institutional investors own 18.11% of the company’s stock.
Alliance Resource Partners Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Shareholders of record on Thursday, November 7th were given a $0.70 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $2.80 annualized dividend and a yield of 10.14%. Alliance Resource Partners’s dividend payout ratio is currently 79.55%.
About Alliance Resource Partners
Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties.
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