NASDAQ:ARLPAlliance Resource Partners Stock Price, Forecast & News

Alliance Resource Partners' stock was trading at $5.09 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ARLP shares have decreased by 39.7% and is now trading at $3.07. View which stocks have been most impacted by Coronavirus.

5 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Alliance Resource Partners.

Alliance Resource Partners is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Alliance Resource Partners.

Alliance Resource Partners, L.P. (NASDAQ:ARLP) posted its quarterly earnings data on Friday, May, 8th. The energy company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.13 by $0.03. The energy company had revenue of $350.76 million for the quarter, compared to analyst estimates of $393.50 million. Alliance Resource Partners had a positive return on equity of 11.63% and a negative net margin of 1.22%. During the same quarter in the previous year, the firm earned $2.12 earnings per share. View Alliance Resource Partners' earnings history.

Alliance Resource Partners declared a quarterly dividend on Tuesday, January 28th. Investors of record on Friday, February 7th will be paid a dividend of $0.40 per share on Friday, February 14th. This represents a $1.60 annualized dividend and a dividend yield of 52.12%. The ex-dividend date of this dividend is Thursday, February 6th. View Alliance Resource Partners' dividend history.

Alliance Resource Partners shares 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 distributed to shareholders after the market closes 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 declared that its Board of Directors has approved a share repurchase plan 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 repurchase up to 3.9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

5 Wall Street analysts have issued 1 year price targets for Alliance Resource Partners' stock. Their forecasts range from $6.00 to $22.00. On average, they anticipate Alliance Resource Partners' share price to reach $13.75 in the next twelve months. This suggests a possible upside of 347.9% from the stock's current price. View analysts' price targets for Alliance Resource Partners.

News articles about ARLP stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Alliance Resource Partners earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned news headlines about the energy company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutAlliance Resource Partners.

Alliance Resource Partners saw a increase in short interest in April. As of April 15th, there was short interest totaling 2,290,000 shares, an increase of 10.1% from the March 31st total of 2,080,000 shares. Based on an average daily trading volume, of 987,900 shares, the days-to-cover ratio is presently 2.3 days. Currently, 2.7% of the shares of the company are sold short. View Alliance Resource Partners' Current Options Chain.

Some companies that are related to Alliance Resource Partners include 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). View all competitors.

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

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

Alliance Resource Partners' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Magnolia Group LLC (4.25%), Morgan Stanley (1.23%), Jackson Hole Capital Partners LLC (1.21%), Adams Asset Advisors LLC (0.43%), Adams Asset Advisors LLC (0.39%) and Capital One Financial Corp (0.31%). Company insiders that own Alliance Resource Partners stock include Nick Carter, Robert J Druten, Robert J Fouch and Wilson M Torrence. View institutional ownership trends for Alliance Resource Partners.

ARLP stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, HighTower Advisors LLC, Tiedemann Advisors LLC, Fairbanks Capital Management Inc., Jackson Hole Capital Partners LLC, Wells Fargo & Company MN, BOKF NA, and Raymond James & Associates. Company insiders that have sold Alliance Resource Partners company stock in the last year include Robert J Druten, and Robert J Fouch. View insider buying and selling activity for Alliance Resource Partners.

ARLP stock was acquired by a variety of institutional investors in the last quarter, including Magnolia Group LLC, Capital One Financial Corp, JPMorgan Chase & Co., Prescott Group Capital Management L.L.C., Edge Capital Group LLC, Adams Asset Advisors LLC, Abacus Planning Group Inc., and Advisor Group Holdings Inc.. Company insiders that have bought Alliance Resource Partners stock in the last two years include Nick Carter, Robert J Fouch, and Wilson M Torrence. View insider buying and selling activity for Alliance Resource Partners.

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 $3.07.

Alliance Resource Partners has a market capitalization of $390.49 million and generates $1.96 billion in revenue each year. The energy company earns $399.41 million in net income (profit) each year or $2.07 on an earnings per share basis. Alliance Resource Partners employs 3,602 workers across the globe.

The official website for Alliance Resource Partners is 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]