Alliance Resource Partners - ARLP Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alliance Resource Partners in the last year. There are currently 1 buy rating 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.

1 Wall Street research analysts have issued 12 month price objectives for Alliance Resource Partners' shares. Their ARLP share price forecasts range from $22.00 to $22.00. On average, they anticipate the company's stock price to reach $22.00 in the next year. This suggests that the stock has a possible downside of 4.0%.
View analysts price targets for ARLP or view top-rated stocks among Wall Street analysts.

Alliance Resource Partners' stock was trading at $12.64 at the start of the year. Since then, ARLP stock has increased by 81.3% and is now trading at $22.92.
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The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our ARLP earnings forecast.

Alliance Resource Partners, L.P. (NASDAQ:ARLP) released its earnings results on Monday, August, 1st. The energy company reported $1.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.96 by $0.27. Alliance Resource Partners had a trailing twelve-month return on equity of 24.63% and a net margin of 15.64%. During the same quarter in the previous year, the business earned $0.34 earnings per share.

Alliance Resource Partners declared a quarterly dividend on Tuesday, July 26th. Investors of record on Friday, August 5th will be given a dividend of $0.40 per share on Friday, August 12th. This represents a $1.60 annualized dividend and a yield of 6.98%. The ex-dividend date is Thursday, August 4th. This is a positive change from the stock's previous quarterly dividend of $0.35.
Read our dividend analysis for ARLP.

Alliance Resource Partners (NASDAQ:ARLP) pays an annual dividend of $1.60 per share and currently has a dividend yield of 7.19%. ARLP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 68.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARLP will have a dividend payout ratio of 28.93% 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 shares 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 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 many different institutional and retail investors. Top institutional shareholders include Magnolia Group LLC (2.53%), JPMorgan Chase & Co. (0.00%), Bank of Montreal Can (0.00%), ING Groep NV (0.49%), Fairbanks Capital Management Inc. (0.00%) and Pekin Hardy Strauss Inc. (0.06%). Insiders that own company stock include John H Robinson, Robert J Fouch and Wilson M Torrence.
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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 $22.92.

Alliance Resource Partners (NASDAQ:ARLP) has a market capitalization of $2.83 billion and generates $1.57 billion in revenue each year. The energy company earns $178.16 million in net income (profit) each year or $2.35 on an earnings per share basis.

The company employs 1,862 workers across the globe.

Alliance Resource Partners was founded in 1971.

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.