Alliance Resource Partners - ARLP Stock Forecast, Price & News

2 Wall Street 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 research analysts is that investors should "buy" ARLP shares.
View ARLP analyst ratings or view top-rated stocks.

2 Wall Street 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 56.0% 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 on January 1st, 2023. Since then, ARLP shares have decreased by 5.4% and is now trading at $19.23.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our ARLP earnings forecast.

Alliance Resource Partners, L.P. (NASDAQ:ARLP) released its quarterly earnings data on Monday, January, 30th. The energy company reported $1.63 EPS for the quarter, beating analysts' consensus estimates of $1.41 by $0.22. The energy company had revenue of $700.73 million for the quarter, compared to analyst estimates of $698.50 million. Alliance Resource Partners had a net margin of 23.99% and a trailing twelve-month return on equity of 40.54%. During the same period in the prior year, the company posted $0.40 earnings per share.

Alliance Resource Partners declared a quarterly dividend on Friday, January 27th. Stockholders of record on Tuesday, February 7th will be paid a dividend of $0.70 per share on Tuesday, February 14th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 14.56%. The ex-dividend date of this dividend is Monday, February 6th. This is an increase from the stock's previous quarterly dividend of $0.50.
Read our dividend analysis for ARLP.

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

Alliance Resource Partners (NASDAQ:ARLP) pays an annual dividend of $2.80 per share and currently has a dividend yield of 14.47%. 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 63.78%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for ARLP.

Shares of Alliance Resource Partners split on the morning of 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 a number of retail and institutional investors. Top institutional shareholders include Morgan Stanley (0.00%), Natixis (0.00%), Magnolia Group LLC (2.12%), Bank of America Corp DE (0.00%), JPMorgan Chase & Co. (0.00%) and ING Groep NV (0.72%). Insiders that own company stock include John H Robinson, Joseph W Craft III and Robert J Fouch.
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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 $19.23.

Alliance Resource Partners (NASDAQ:ARLP) has a market capitalization of $2.45 billion and generates $2.41 billion in revenue each year. The energy company earns $577.19 million in net income (profit) each year or $4.39 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.