NYSE:TPL Texas Pacific Land (TPL) Stock Price, News & Analysis → Do NOT Buy the Fidelity and Blackrock Bitcoin ETFs - Here’s why (From DTI) (Ad) Free TPL Stock Alerts $769.05 +9.04 (+1.19%) (As of 03:39 PM ET) Add Compare Share Share Today's Range$761.46▼$776.4150-Day Range$558.56▼$777.2352-Week Range$422.07▼$799.46Volume112,817 shsAverage Volume82,663 shsMarket Capitalization$17.68 billionP/E Ratio40.89Dividend Yield0.61%Price Target$694.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Texas Pacific Land alerts: Email Address Texas Pacific Land MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside9.9% Downside$694.17 Price TargetShort InterestHealthy3.53% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.47Based on 7 Articles This WeekInsider TradingAcquiring Shares$88,014 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.94 out of 5 starsOils/Energy Sector220th out of 240 stocksOil Royalty Traders Industry1st out of 4 stocks 1.3 Analyst's Opinion Consensus RatingTexas Pacific Land has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageTexas Pacific Land has only been the subject of 1 research reports in the past 90 days.Read more about Texas Pacific Land's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.53% of the outstanding shares of Texas Pacific Land have been sold short.Short Interest Ratio / Days to CoverTexas Pacific Land has a short interest ratio ("days to cover") of 9.6.Change versus previous monthShort interest in Texas Pacific Land has recently decreased by 2.03%, indicating that investor sentiment is improving. Previous Next 0.8 Dividend Strength Dividend YieldTexas Pacific Land has a dividend yield of 0.62%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthTexas Pacific Land does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Texas Pacific Land is 24.88%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Texas Pacific Land's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TPL. Previous Next 1.9 News and Social Media Coverage News SentimentTexas Pacific Land has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.85 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Texas Pacific Land this week, compared to 3 articles on an average week.Search InterestOnly 6 people have searched for TPL on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Texas Pacific Land to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Texas Pacific Land insiders have bought more of their company's stock than they have sold. Specifically, they have bought $88,014.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders20.04% of the stock of Texas Pacific Land is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions59.94% of the stock of Texas Pacific Land is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Texas Pacific Land's insider trading history. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Texas Pacific Land is 40.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Texas Pacific Land is 40.94, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.15.Price to Book Value per Share RatioTexas Pacific Land has a P/B Ratio of 17.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Texas Pacific Land's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIDo NOT Buy the Fidelity and Blackrock Bitcoin ETFs - Here’s whyBefore you buy the newly approved Bitcoin ETFs… Take a look at this “Better than Bitcoin ticker” you can buy in any regular brokerage account. Why? Because it’s been shown to outperform Bitcoin by 10X or more during the past four bull runs… For example, while Bitcoin surged 985% during the last bull run in 2021… This is your best chance at it. About Texas Pacific Land Stock (NYSE:TPL)Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.Read More TPL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TPL Stock News HeadlinesJune 14, 2024 | investorplace.comThe 3 Best Energy Stocks to Buy in June 2024June 13, 2024 | businesswire.comTexas Pacific Land Corporation Announces Special Dividend of $10 Per Share and Cash Balance TargetJune 18, 2024 | Behind the Markets (Ad)Bigger Than NVIDIA?With NVIDIA flying high, everyone is looking for the next breakout stock. But right now... There's only ONE stock you should be watching.June 12, 2024 | americanbankingnews.comStockNews.com Upgrades Texas Pacific Land (NYSE:TPL) to BuyJune 10, 2024 | americanbankingnews.comTexas Pacific Land (NYSE:TPL) Hits New 52-Week High at $685.33June 7, 2024 | prnewswire.comKKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600May 11, 2024 | markets.businessinsider.comBuy Rating for Texas Pacific Land on Strong Q1 Performance and Technological AdvancementsMay 11, 2024 | seekingalpha.comTexas Pacific Land: I'm So Bullish It HurtsJune 18, 2024 | Behind the Markets (Ad)Bigger Than NVIDIA?With NVIDIA flying high, everyone is looking for the next breakout stock. But right now... There's only ONE stock you should be watching.May 9, 2024 | msn.comTexas Pacific Land declares $1.17 dividendMay 8, 2024 | msn.comTPL Stock Earnings: Texas Pacific Land Beats EPS, Beats Revenue for Q1 2024May 8, 2024 | finance.yahoo.comTexas Pacific Land Corporation Announces First Quarter Results and Record Water Segment RevenuesMay 2, 2024 | reuters.comTexas enters peak season for power output and emissions: MaguireMay 1, 2024 | finance.yahoo.comIs Texas Pacific Land Corporation's (NYSE:TPL) Latest Stock Performance A Reflection Of Its Financial Health?April 29, 2024 | ca.finance.yahoo.comRon Baron and Bill Ackman Are Performance LeadersApril 22, 2024 | seekingalpha.comThat One Important Chart Dividend Investors Need To WatchApril 22, 2024 | investorplace.com3 Energy Stocks to Sell Before Oil Prices StallApril 21, 2024 | fool.comThink Crude Oil Is Going to $100 a Barrel? Then You'll Love These 3 Dividend Stocks.April 18, 2024 | businesswire.comTexas Pacific Land Corporation Sets Dates for First Quarter 2024 Earnings Release and Conference CallApril 17, 2024 | seekingalpha.comMideast Mayhem: What You Need To Know About The Impact On OilApril 11, 2024 | finance.yahoo.comEstimating The Intrinsic Value Of Texas Pacific Land Corporation (NYSE:TPL)April 10, 2024 | seekingalpha.comTexas Pacific Land: Striking Black Gold In The PermianApril 7, 2024 | msn.comEclipse lessons: What Texas can learn from 2017 total eclipseMarch 28, 2024 | markets.businessinsider.comTexas Pacific Land (TPL) Receives a Hold from Stifel NicolausMarch 26, 2024 | seekingalpha.comThat One Chart I Cannot Stop Thinking AboutMarch 21, 2024 | finance.yahoo.comTexas Pacific Land's (NYSE:TPL) five-year earnings growth trails the 19% YoY shareholder returnsMarch 8, 2024 | msn.comTexas Pacific Land approves three-for-one stock splitSee More Headlines Receive TPL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Texas Pacific Land and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Ex-Dividend for 6/17 Dividend6/03/2024Dividend Payable6/17/2024Today6/18/2024Ex-Dividend for 7/15 Dividend7/01/2024Dividend Payable7/15/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Oil royalty traders Sub-IndustryN/A Current SymbolNYSE:TPL CUSIPN/A CIK97517 Webwww.tpltrust.com Phone(214) 969-5530Fax214-969-5530Employees100Year FoundedN/APrice Target and Rating Average Stock Price Target$694.17 High Stock Price Target$917.00 Low Stock Price Target$471.33 Potential Upside/Downside-9.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$18.81 Trailing P/E Ratio40.98 Forward P/E Ratio36.36 P/E GrowthN/ANet Income$405.64 million Net Margins65.74% Pretax Margin83.90% Return on Equity43.16% Return on Assets38.56% Debt Debt-to-Equity RatioN/A Current Ratio39.27 Quick Ratio39.27 Sales & Book Value Annual Sales$631.59 million Price / Sales28.06 Cash Flow$18.76 per share Price / Cash Flow41.08 Book Value$45.31 per share Price / Book17.01Miscellaneous Outstanding Shares22,990,000Free Float18,383,000Market Cap$17.72 billion OptionableNot Optionable Beta1.59 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Tyler Glover (Age 39)President, CEO & Trustee Comp: $2.3MMr. Chris Steddum (Age 43)Chief Financial Officer Comp: $1.2MMr. Micheal W. Dobbs (Age 50)Senior VP, Secretary & General Counsel Comp: $915.76kMs. Stephanie D. Buffington (Age 57)Chief Accounting Officer Shawn AminiVice President of Finance & Investor RelationsMr. Robert A. Crain (Age 44)Executive Vice President of Texas Pacific Water Resources LLC More ExecutivesKey CompetitorsSabine Royalty TrustNYSE:SBRPermian Basin Royalty TrustNYSE:PBTSan Juan Basin Royalty TrustNYSE:SJTCross Timbers Royalty TrustNYSE:CRTNorth European Oil Royalty TrustNYSE:NRTView All CompetitorsInsiders & InstitutionsKinetics Asset Managem HorizonBought 3 shares on 6/5/2024Total: $1,775.28 ($591.76/share)DekaBank Deutsche GirozentraleBought 689 shares on 6/4/2024Ownership: 0.004%Kinetics Asset Managem HorizonBought 3 shares on 6/3/2024Total: $1,795.20 ($598.40/share)Kinetics Asset Managem HorizonBought 3 shares on 5/30/2024Total: $1,847.58 ($615.86/share)Cambridge Trust Co.Sold 1,124 shares on 5/30/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions TPL Stock Analysis - Frequently Asked Questions Should I buy or sell Texas Pacific Land stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Texas Pacific Land in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TPL shares. View TPL analyst ratings or view top-rated stocks. What is Texas Pacific Land's stock price target for 2024? 2 Wall Street analysts have issued 1 year price objectives for Texas Pacific Land's shares. Their TPL share price targets range from $471.33 to $917.00. On average, they expect the company's share price to reach $694.17 in the next twelve months. This suggests that the stock has a possible downside of 9.9%. View analysts price targets for TPL or view top-rated stocks among Wall Street analysts. How have TPL shares performed in 2024? Texas Pacific Land's stock was trading at $524.15 at the start of the year. Since then, TPL stock has increased by 46.9% and is now trading at $770.05. View the best growth stocks for 2024 here. When is Texas Pacific Land's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our TPL earnings forecast. How were Texas Pacific Land's earnings last quarter? Texas Pacific Land Co. (NYSE:TPL) announced its quarterly earnings results on Wednesday, May, 8th. The financial services provider reported $4.97 EPS for the quarter, beating the consensus estimate of $4.58 by $0.39. The financial services provider had revenue of $174.14 million for the quarter, compared to analysts' expectations of $158.20 million. Texas Pacific Land had a net margin of 65.74% and a trailing twelve-month return on equity of 43.16%. How often does Texas Pacific Land pay dividends? What is the dividend yield for Texas Pacific Land? Texas Pacific Land declared a None dividend on Thursday, June 13th. Stockholders of record on Monday, July 1st will be given a dividend of $10.00 per share on Monday, July 15th. The ex-dividend date of this dividend is Monday, July 1st. Read our dividend analysis for TPL. Is Texas Pacific Land a good dividend stock? Texas Pacific Land (NYSE:TPL) pays an annual dividend of $4.68 per share and currently has a dividend yield of 0.62%. The dividend payout ratio is 24.88%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for TPL. What ETFs hold Texas Pacific Land's stock? ETFs with the largest weight of Texas Pacific Land (NYSE:TPL) stock in their portfolio include Horizon Kinetics Inflation Beneficiaries ETF (INFL), Formidable Fortress ETF (KONG), Tema Global Royalties ETF (ROYA), Horizon Kinetics Energy and Remediation ETF (NVIR), Invesco Dorsey Wright Energy Momentum ETF (PXI), Amplify Inflation Fighter ETF (IWIN), SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO). When did Texas Pacific Land's stock split? Texas Pacific Land shares split on Wednesday, March 27th 2024. The 3-1 split was announced on Wednesday, March 27th 2024. The newly created shares were distributed to shareholders after the closing bell on Wednesday, March 27th 2024. An investor that had 100 shares of stock prior to the split would have 300 shares after the split. What other stocks do shareholders of Texas Pacific Land own? Based on aggregate information from My MarketBeat watchlists, some companies that other Texas Pacific Land investors own include NVIDIA (NVDA), Walt Disney (DIS), Adobe (ADBE), Mastercard (MA), QUALCOMM (QCOM), Visa (V), Alibaba Group (BABA), Costco Wholesale (COST), Salesforce (CRM) and Johnson & Johnson (JNJ). Who are Texas Pacific Land's major shareholders? Texas Pacific Land's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.26%), Pacific Heights Asset Management LLC (0.72%), Mad River Investors (0.44%), Hodges Capital Management Inc. (0.34%), California State Teachers Retirement System (0.25%) and Lawson Kroeker Investment Management Inc. NE (0.25%). Insiders that own company stock include Dana F Mcginnis, Donald G Cook, Eric L Oliver, Kinetics Asset Managem Horizon, Micheal W Dobbs and Murray Stahl. View institutional ownership trends. How do I buy shares of Texas Pacific Land? Shares of TPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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