NASDAQ:ARLP - Alliance Resource Partners Stock Price, Forecast & News

Alliance Resource Partners trades on the NASDAQ under the ticker symbol "ARLP."

Alliance Resource Partners announced a quarterly dividend on Monday, October 28th. Stockholders of record on Thursday, November 7th will be paid a dividend of $0.54 per share on Thursday, November 14th. This represents a $2.16 annualized dividend and a dividend yield of 21.48%. The ex-dividend date of this dividend is Wednesday, November 6th. View Alliance Resource Partners' Dividend History.

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

Alliance Resource Partners announced that its board has initiated a stock repurchase program on Thursday, May 31st 2018, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 3.9% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

Alliance Resource Partners, L.P. (NASDAQ:ARLP) released its quarterly earnings results on Monday, October, 28th. The energy company reported $0.30 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.47 by $0.17. The energy company had revenue of $464.70 million for the quarter, compared to analyst estimates of $503.40 million. Alliance Resource Partners had a net margin of 20.80% and a return on equity of 25.40%. The company's revenue was down 6.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.55 EPS. View Alliance Resource Partners' Earnings History.

Alliance Resource Partners is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Alliance Resource Partners.

Alliance Resource Partners will be holding an earnings conference call on Monday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Alliance Resource Partners issued an update on its FY 2019 Pre-Market earnings guidance on Monday, October, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$1.87-1.89 billion, compared to the consensus revenue estimate of $$2.1 billion.

4 brokerages have issued 12-month target prices for Alliance Resource Partners' stock. Their forecasts range from $20.00 to $22.00. On average, they anticipate Alliance Resource Partners' share price to reach $20.67 in the next year. This suggests a possible upside of 105.5% from the stock's current price. View Analyst Price Targets for Alliance Resource Partners.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alliance Resource Partners in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Alliance Resource Partners.

News stories about ARLP stock have been trending negative on Friday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alliance Resource Partners earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned news headlines about the energy company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Alliance Resource Partners.

Alliance Resource Partners saw a decline in short interest in December. As of December 31st, there was short interest totalling 2,400,000 shares, a decline of 13.4% from the December 15th total of 2,770,000 shares. Based on an average daily volume of 792,400 shares, the days-to-cover ratio is currently 3.0 days. Approximately 2.8% of the shares of the company are short sold. View Alliance Resource Partners' Current Options Chain.

Some companies that are related to Alliance Resource Partners include Yanzhou Coal Mining (YZCAY), Arch Coal (ARCH), Peabody Energy (BTU), Natural Resource Partners (NRP), Contura Energy (CNTE), Rhino Resource Partners (RHNO), Cloud Peak Energy (CLDPQ), Westmoreland Resource Partners (WMLPQ) and Puda Coal (PUDA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Alliance Resource Partners investors own include Chembio Diagnostics (CEMI), Prospect Capital (PSEC), Bellicum Pharmaceuticals (BLCM), AT&T (T), Energy Transfer LP Unit (ET), Two Harbors Investment (TWO), Calumet Specialty Products Partners, L.P (CLMT), New Residential Investment (NRZ), Summit Midstream Partners (SMLP) and Blackrock Capital Investment (BKCC).

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

One share of ARLP stock can currently be purchased for approximately $10.06.

Alliance Resource Partners has a market capitalization of $1.29 billion and generates $2.00 billion in revenue each year. The energy company earns $366.60 million in net income (profit) each year or $2.44 on an earnings per share basis. Alliance Resource Partners employs 3,599 workers across the globe.View Additional Information About Alliance Resource Partners.

The official website for Alliance Resource Partners is http://www.arlp.com/.

Alliance Resource Partners' mailing address is 1717 SOUTH BOULDER AVENUE, TULSA OK, 74119. The energy company can be reached via phone at 918-295-7600 or via email at [email protected]