Alliance Resource Partners (ARLP) Stock Forecast, Price & News

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

2 brokers have issued twelve-month target prices for Alliance Resource Partners' stock. Their ARLP share price forecasts range from $28.00 to $32.00. On average, they predict the company's share price to reach $30.00 in the next year. This suggests a possible upside of 69.9% 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 at the beginning of the year. Since then, ARLP shares have decreased by 13.1% and is now trading at $17.66.
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Alliance Resource Partners saw a decrease in short interest in May. As of May 15th, there was short interest totaling 2,760,000 shares, a decrease of 20.5% from the April 30th total of 3,470,000 shares. Based on an average daily trading volume, of 478,800 shares, the days-to-cover ratio is currently 5.8 days. Approximately 3.3% of the shares of the company are sold short.
View Alliance Resource Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our ARLP earnings forecast.

Alliance Resource Partners, L.P. (NASDAQ:ARLP) issued its earnings results on Monday, January, 30th. The energy company reported $1.63 EPS for the quarter, beating the consensus estimate of $1.41 by $0.22. The energy company earned $700.73 million during the quarter, compared to analyst estimates of $698.50 million. Alliance Resource Partners had a net margin of 28.00% and a trailing twelve-month return on equity of 47.36%. During the same period last year, the firm posted $0.40 EPS.

Alliance Resource Partners declared a quarterly dividend on Friday, April 28th. Shareholders of record on Monday, May 8th will be paid a dividend of $0.70 per share on Monday, May 15th. This represents a $2.80 annualized dividend and a yield of 15.86%. The ex-dividend date of this dividend is Friday, May 5th.
Read our dividend analysis for ARLP.

ETFs with the largest weight of Alliance Resource Partners (NASDAQ:ARLP) stock in their portfolio include Invesco Zacks Multi-Asset Income ETF (CVY), First Trust Multi-Asset Diversified Income Index Fund (MDIV), Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA), Arrow Dow Jones Global Yield ETF (GYLD), FT Energy Income Partners Strategy ETF (EIPX) and Distillate Small/Mid Cash Flow ETF (DSMC).Qraft AI-Enhanced Next Value ETF (NVQ) and

Alliance Resource Partners (NASDAQ:ARLP) pays an annual dividend of $2.80 per share and currently has a dividend yield of 15.71%. 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 48.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARLP.

Shares of Alliance Resource Partners split on Tuesday, June 17th 2014. The 2-1 split was announced on Monday, April 28th 2014. The newly created shares were payable to shareholders after the market closes 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 trades on the NASDAQ under the ticker symbol "ARLP."

Alliance Resource Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Bank of America Corp DE (2.04%), JPMorgan Chase & Co. (1.65%), ING Groep NV (0.75%), First Republic Investment Management Inc. (0.66%), Recurrent Investment Advisors LLC (0.51%) and Fairbanks Capital Management Inc. (0.22%). Insiders that own company stock include John H Robinson, Joseph W Craft III and Robert J Fouch.
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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One share of ARLP stock can currently be purchased for approximately $17.66.

Alliance Resource Partners (NASDAQ:ARLP) has a market capitalization of $2.25 billion and generates $2.41 billion in revenue each year. The energy company earns $577.19 million in net income (profit) each year or $5.56 on an earnings per share basis.

The company employs 2,067 workers across the globe.

Alliance Resource Partners' mailing address is 1717 SOUTH BOULDER AVENUE, TULSA OK, 74119. The official website for the company is www.arlp.com. The energy company can be reached via phone at (918) 295-7600, via email at brian.cantrell@arlp.com, or via fax at 918-295-7631.