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

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 Wall Street research analysts have issued 1-year price objectives for Alliance Resource Partners' stock. Their ARLP share price forecasts range from $28.00 to $32.00. On average, they anticipate the company's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 39.2% 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 2023. Since then, ARLP stock has increased by 6.1% and is now trading at $21.55.
View the best growth stocks for 2023 here.

Alliance Resource Partners saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,480,000 shares, an increase of 5.7% from the August 15th total of 1,400,000 shares. Based on an average daily volume of 452,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 1.7% of the shares of the company are short sold.
View Alliance Resource Partners' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023.
View our ARLP earnings forecast.

Alliance Resource Partners, L.P. (NASDAQ:ARLP) released its quarterly earnings data on Monday, July, 31st. The energy company reported $1.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.27 by $0.03. The energy company had revenue of $641.84 million for the quarter, compared to the consensus estimate of $662.11 million. Alliance Resource Partners had a net margin of 28.04% and a trailing twelve-month return on equity of 44.74%. During the same quarter last year, the business earned $1.23 earnings per share.

Alliance Resource Partners announced a quarterly dividend on Friday, July 28th. Stockholders of record on Monday, August 7th will be given a dividend of $0.70 per share on Monday, August 14th. This represents a $2.80 annualized dividend and a dividend yield of 12.99%. The ex-dividend date of this dividend is Friday, August 4th.
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 (NASDAQ:ARLP) pays an annual dividend of $2.80 per share and currently has a dividend yield of 13.07%. 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 49.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARLP will have a dividend payout ratio of 49.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARLP.

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 issued shares were payable 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 trades on the NASDAQ under the ticker symbol "ARLP."

Alliance Resource Partners' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Magnolia Group LLC (2.24%), Progeny 3 Inc. (1.80%), JPMorgan Chase & Co. (1.75%), Jackson Hole Capital Partners LLC (1.51%), Natixis (1.00%) and Bienville Capital Management LLC (0.88%). Insiders that own company stock include John H Robinson and Joseph W Craft III.
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 $21.55.

Alliance Resource Partners (NASDAQ:ARLP) has a market capitalization of $2.74 billion and generates $2.41 billion in revenue each year. The energy company earns $577.19 million in net income (profit) each year or $5.63 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.