Alliance Resource Partners Stock Price, News & Analysis (NASDAQ:ARLP)

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alliance Resource Partners in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ARLP shares.
View ARLP analyst ratings or view top-rated stocks.

2 equities research analysts have issued 1 year price objectives for Alliance Resource Partners' shares. Their ARLP share price targets range from $28.00 to $32.00. On average, they predict the company's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 41.4% from the stock's current price.
View analysts price targets for ARLP or view top-rated stocks among Wall Street analysts.

Alliance Resource Partners' stock was trading at $20.32 on January 1st, 2023. Since then, ARLP stock has increased by 4.4% and is now trading at $21.21.
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Alliance Resource Partners saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 2,380,000 shares, an increase of 10.2% from the October 31st total of 2,160,000 shares. Based on an average trading volume of 413,200 shares, the days-to-cover ratio is currently 5.8 days. Approximately 2.7% of the company's shares are short sold.
View Alliance Resource Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, January 29th 2024.
View our ARLP earnings forecast.

Alliance Resource Partners, L.P. (NASDAQ:ARLP) issued its quarterly earnings results on Friday, October, 27th. The energy company reported $1.18 EPS for the quarter, missing analysts' consensus estimates of $1.34 by $0.16. The energy company earned $636.52 million during the quarter, compared to analyst estimates of $667.52 million. Alliance Resource Partners had a trailing twelve-month return on equity of 41.65% and a net margin of 27.55%. During the same period last year, the company posted $1.25 earnings per share.

Alliance Resource Partners announced a quarterly dividend on Wednesday, October 25th. Stockholders of record on Tuesday, November 7th will be paid a dividend of $0.70 per share on Tuesday, November 14th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 13.20%. The ex-dividend date of this dividend is Monday, November 6th.
Read our dividend analysis for ARLP.

Alliance Resource Partners (NASDAQ:ARLP) pays an annual dividend of $2.80 per share and currently has a dividend yield of 13.35%. ARLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 50.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARLP will have a dividend payout ratio of 54.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARLP.

ETFs with the largest weight of Alliance Resource Partners (NASDAQ:ARLP) stock in their portfolio include Formidable ETF (FORH), Invesco Zacks Multi-Asset Income ETF (CVY), Multi-Asset Diversified Income Index Fund (MDIV), FT Energy Income Partners Strategy ETF (EIPX).First Trust Indxx Global Natural Resources Income ETF (FTRI) and

Alliance Resource Partners's stock split before market open on Tuesday, June 17th 2014. The 2-1 split was announced on Monday, April 28th 2014. The newly minted shares were issued to shareholders after the closing bell on Monday, June 16th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

19 employees have rated Alliance Resource Partners Chief Executive Officer Joseph W. Craft III on Glassdoor.com. Joseph W. Craft III has an approval rating of 93% among the company's employees. This puts Joseph W. Craft III in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 68.0% of employees surveyed would recommend working at Alliance Resource Partners to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Alliance Resource Partners investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Energy Transfer (ET), AT&T (T), Bellicum Pharmaceuticals (BLCM), Enterprise Products Partners (EPD), New Residential Investment (NRZ), Two Harbors Investment (TWO), Washington Prime Group (WPG) and Annaly Capital Management (NLY).

Alliance Resource Partners' stock is owned by many different retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (1.66%), Jackson Hole Capital Partners LLC (1.52%), Morgan Stanley (0.95%), Recurrent Investment Advisors LLC (0.58%), Invesco Ltd. (0.35%) and ING Groep NV (0.33%). Insiders that own company stock include John H Robinson, Joseph W Craft III, Kathleen Mowry and Mowry Kathleen Craft.
View institutional ownership trends.

Shares of ARLP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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