NYSE:TPL Texas Pacific Land (TPL) Stock Forecast, Price & News $1,303.70 -3.03 (-0.23%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$1,287.50▼$1,312.6550-Day Range$1,304.56▼$1,804.1852-Week Range$1,275.86▼$2,739.00Volume102,962 shsAverage Volume42,474 shsMarket Capitalization$10.03 billionP/E Ratio23.13Dividend Yield1.00%Price Target$1,378.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Texas Pacific Land MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside7.0% Upside$1,378.00 Price TargetShort InterestBearish3.83% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.57Based on 7 Articles This WeekInsider TradingAcquiring Shares$23,049 Bought Last QuarterProj. Earnings Growth25.56%From $48.70 to $61.15 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.00 out of 5 starsOils/Energy Sector191st out of 249 stocksOil Royalty Traders Industry2nd out of 6 stocks 1.0 Analyst's Opinion Consensus RatingTexas Pacific Land has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1,378.00, Texas Pacific Land has a forecasted upside of 7.0% from its current price of $1,287.50.Amount of Analyst CoverageTexas Pacific Land has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.83% of the float of Texas Pacific Land has been sold short.Short Interest Ratio / Days to CoverTexas Pacific Land has a short interest ratio ("days to cover") of 6.6.Change versus previous month Previous Next 1.7 Dividend Strength Dividend YieldTexas Pacific Land has a dividend yield of 0.99%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthTexas Pacific Land has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Texas Pacific Land is 23.06%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Texas Pacific Land will have a dividend payout ratio of 21.26% next year. This indicates that Texas Pacific Land will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TPL. Previous Next 2.5 News and Social Media Coverage News SentimentTexas Pacific Land has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Texas Pacific Land this week, compared to 3 articles on an average week.Search Interest13 people have searched for TPL on MarketBeat in the last 30 days. This is an increase of 160% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Texas Pacific Land to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Texas Pacific Land insiders have bought more of their company's stock than they have sold. Specifically, they have bought $23,049.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.60% of the stock of Texas Pacific Land is held by insiders.Percentage Held by Institutions58.95% of the stock of Texas Pacific Land is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Texas Pacific Land are expected to grow by 25.56% in the coming year, from $48.70 to $61.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Texas Pacific Land is 22.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Texas Pacific Land is 22.84, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 50.13.Price to Book Value per Share RatioTexas Pacific Land has a P/B Ratio of 11.95. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Texas Pacific Land (NYSE:TPL) StockTexas Pacific Land Corp. operates as a landowner in the State of Texas. Its surface and royalty ownership allow revenue generation through the entire value chain of oil and gas development, including through fixed fee payments for use of the firm's land, revenue for sales of materials used in the construction of infrastructure, providing sourced water and treated produced water, revenue from its oil and gas royalty interests, and revenues related to saltwater disposal on land. The firm also generates revenue from pipeline, power line and utility easements, commercial leases, material sales and seismic and temporary permits related to a variety of land uses including midstream infrastructure projects and hydrocarbon processing facilities. It operates through the Land and Resource Management and Water Services and Operations segment. The Land and Resource Management segment focuses on managing oil and gas royalty interest and surface. The Water Services and Operations segment refers to the full-service water offerings to operators in the Permian Basin through Texas Pacific Water Resources LLC, a single member Texas limited liability company owned by the company. The company was foundRead More Receive TPL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Texas Pacific Land and its competitors with MarketBeat's FREE daily newsletter. Email Address TPL Stock News HeadlinesMay 30, 2023 | seekingalpha.comThere And Back Again: A Texas Pacific Bubble StoryMay 26, 2023 | americanbankingnews.comTexas Pacific Land (NYSE:TPL) Rating Reiterated by 1-800-FLOWERS.COMMay 31, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 25, 2023 | americanbankingnews.com1-800-FLOWERS.COM Reaffirms "Maintains" Rating for Texas Pacific Land (NYSE:TPL)May 23, 2023 | msn.comA Boring Look At Texas Pacific Land Litigation Against Horizon KineticsMay 22, 2023 | americanbankingnews.comTexas Pacific Land (NYSE:TPL) Given New $1,378.00 Price Target at Stifel NicolausMay 20, 2023 | theglobeandmail.comClosing Bell: Tethys Petroleum Ltd down on Friday (TPL)May 19, 2023 | finance.yahoo.comIs Weakness In Texas Pacific Land Corporation (NYSE:TPL) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?May 31, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 18, 2023 | finance.yahoo.comTethys Petroleum Press Release: Interim Results and Corporate UpdateMay 18, 2023 | americanbankingnews.comTexas Pacific Land (NYSE:TPL) Now Covered by Analysts at StockNews.comMay 15, 2023 | finance.yahoo.comLion Long Term Partners LP, a Significant Stockholder of Texas Pacific Land Corporation Issues Open Letter to Stockholders and Proxy AdvisorsMay 12, 2023 | theglobeandmail.comClosing Bell: Tethys Petroleum Ltd flat on Friday (TPL)May 11, 2023 | msn.comHorizon Kinetics - Texas Pacific Land: A Quintessential Land CompanyMay 10, 2023 | markets.businessinsider.comBWS Financial Keeps Their Buy Rating on Texas Pacific Land (TPL)May 5, 2023 | finance.yahoo.comTexas Pacific Land Corporation (NYSE:TPL) Q1 2023 Earnings Call TranscriptMay 5, 2023 | uk.finance.yahoo.comQ1 2023 Texas Pacific Land Corp Earnings CallMay 5, 2023 | msn.comTexas Pacific Land (TPL) Declares $3.25 DividendMay 4, 2023 | theglobeandmail.comClosing Bell: Tethys Petroleum Ltd down on Thursday (TPL)May 4, 2023 | theglobeandmail.comClosing Bell: Tethys Petroleum Ltd down on Wednesday (TPL)May 3, 2023 | msn.comTexas Pacific Land: Q1 Earnings InsightsMay 2, 2023 | msn.comWhy Earnings Season Could Be Great for Texas Pacific (TPL)May 1, 2023 | americanbankingnews.comTexas Pacific Land (TPL) Set to Announce Quarterly Earnings on WednesdayApril 30, 2023 | finance.yahoo.comCalculating The Fair Value Of Texas Pacific Land Corporation (NYSE:TPL)April 28, 2023 | americanbankingnews.comTexas Pacific Land (NYSE:TPL) Price Target Increased to $1,399.00 by Analysts at Stifel NicolausApril 27, 2023 | seekingalpha.comTexas Pacific Land Corporation: Profiting From Oil Without Drilling RisksApril 19, 2023 | finance.yahoo.comTexas Pacific Land Corporation Sets Dates for First Quarter 2023 Earnings Release and Conference CallSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TPL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Texas Pacific Land and its competitors with MarketBeat's FREE daily newsletter. Email Address TPL Company Calendar Last Earnings11/04/2021Ex-Dividend for 3/15 Dividend3/07/2023Dividend Payable3/15/2023Today5/31/2023Ex-Dividend for 6/15 Dividend6/07/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil royalty traders Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:TPL CUSIPN/A CIK97517 Webwww.tpltrust.com Phone(214) 969-5530Fax214-969-5530Employees92Year FoundedN/APrice Target and Rating Average Stock Price Forecast$1,378.00 High Stock Price Forecast$1,378.00 Low Stock Price Forecast$1,378.00 Forecasted Upside/Downside+4.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$56.37 Trailing P/E Ratio23.30 Forward P/E Ratio26.96 P/E GrowthN/ANet Income$446.36 million Net Margins65.28% Pretax Margin83.25% Return on Equity58.62% Return on Assets50.79% Debt Debt-to-Equity RatioN/A Current Ratio23.87 Quick Ratio23.87 Sales & Book Value Annual Sales$667.42 million Price / Sales15.13 Cash Flow$59.85 per share Price / Cash Flow21.94 Book Value$100.32 per share Price / Book13.09Miscellaneous Outstanding Shares7,690,000Free Float7,184,000Market Cap$10.10 billion OptionableNot Optionable Beta1.87 Social Links Key ExecutivesTyler GloverPresident, Chief Executive Officer & DirectorChris SteddumChief Financial OfficerMicheal W. DobbsSecretary, Senior VP & General CounselJeremy SmithVice President-Business DevelopmentStephanie D. BuffingtonChief Accounting OfficerKey CompetitorsChesapeake EnergyNASDAQ:CHKAPANASDAQ:APAWestern Midstream PartnersNYSE:WESPlains All American PipelineNYSE:PAADCP MidstreamNYSE:DCPView All CompetitorsInsiders & InstitutionsKinetics Asset Managem HorizonBought 2 shares on 5/26/2023Total: $2,630.02 ($1,315.01/share)Kinetics Asset Managem HorizonBought 2 shares on 5/24/2023Total: $2,691.98 ($1,345.99/share)Toroso Investments LLCSold 674 shares on 5/23/2023Ownership: 0.009%Kinetics Asset Managem HorizonBought 2 shares on 5/22/2023Total: $2,730.84 ($1,365.42/share)Ameriprise Financial Inc.Bought 240 shares on 5/22/2023Ownership: 0.020%View All Insider TransactionsView All Institutional Transactions TPL Stock - Frequently Asked Questions Should I buy or sell Texas Pacific Land stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Texas Pacific Land in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TPL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TPL, but not buy additional shares or sell existing shares. View TPL analyst ratings or view top-rated stocks. What is Texas Pacific Land's stock price forecast for 2023? 1 analysts have issued 1-year price targets for Texas Pacific Land's shares. Their TPL share price forecasts range from $1,378.00 to $1,378.00. On average, they predict the company's stock price to reach $1,378.00 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price. View analysts price targets for TPL or view top-rated stocks among Wall Street analysts. How have TPL shares performed in 2023? Texas Pacific Land's stock was trading at $2,344.23 at the start of the year. Since then, TPL shares have decreased by 44.0% and is now trading at $1,313.15. View the best growth stocks for 2023 here. When is Texas Pacific Land's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our TPL earnings forecast. How were Texas Pacific Land's earnings last quarter? Texas Pacific Land Co. (NYSE:TPL) released its earnings results on Thursday, November, 4th. The financial services provider reported $10.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.83 by $1.99. The financial services provider had revenue of $123.69 million for the quarter, compared to analysts' expectations of $106.25 million. Texas Pacific Land had a net margin of 65.28% and a trailing twelve-month return on equity of 58.62%. During the same quarter in the previous year, the firm posted $5.97 earnings per share. How often does Texas Pacific Land pay dividends? What is the dividend yield for Texas Pacific Land? Texas Pacific Land declared a quarterly dividend on Tuesday, May 2nd. Investors of record on Thursday, June 8th will be paid a dividend of $3.25 per share on Thursday, June 15th. This represents a $13.00 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date of this dividend is Wednesday, June 7th. Read our dividend analysis for TPL. What ETFs hold Texas Pacific Land's stock? ETFs with the largest weight of Texas Pacific Land (NYSE:TPL) stock in their portfolio include Invesco DWA Energy Momentum ETF (PXI), Horizon Kinetics Inflation Beneficiaries ETF (INFL), Horizon Kinetics Energy and Remediation ETF (NVIR), Formidable Fortress ETF (KONG), Amplify Inflation Fighter ETF (IWIN), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and First Trust Energy AlphaDEX Fund (FXN). Is Texas Pacific Land a good dividend stock? Texas Pacific Land (NYSE:TPL) pays an annual dividend of $13.00 per share and currently has a dividend yield of 0.99%. 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 23.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TPL will have a dividend payout ratio of 21.26% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TPL. What other stocks do shareholders of Texas Pacific Land own? Based on aggregate information from My MarketBeat watchlists, some companies that other Texas Pacific Land investors own include NVIDIA (NVDA), Walt Disney (DIS), Adobe (ADBE), Mastercard (MA), QUALCOMM (QCOM), Visa (V), Alibaba Group (BABA), Costco Wholesale (COST), Salesforce (CRM) and Johnson & Johnson (JNJ). What is Texas Pacific Land's stock symbol? Texas Pacific Land trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPL." Who are Texas Pacific Land's major shareholders? Texas Pacific Land's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.91%), State Street Corp (2.61%), First Manhattan CO. LLC. (1.87%), Geode Capital Management LLC (1.32%), Schwartz Investment Counsel Inc. (0.85%) and Mad River Investors (0.56%). Insiders that own company stock include Dana F Mcginnis, Kinetics Asset Managem Horizon, Murray Stahl and Tyler Glover. View institutional ownership trends. How do I buy shares of Texas Pacific Land? Shares of TPL 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. Compare Top Brokerages Here. What is Texas Pacific Land's stock price today? One share of TPL stock can currently be purchased for approximately $1,313.15. How much money does Texas Pacific Land make? Texas Pacific Land (NYSE:TPL) has a market capitalization of $10.10 billion and generates $667.42 million in revenue each year. The financial services provider earns $446.36 million in net income (profit) each year or $56.37 on an earnings per share basis. How can I contact Texas Pacific Land? Texas Pacific Land's mailing address is 1700 PACIFIC AVENUE SUITE 2900, DALLAS TX, 75201. The official website for the company is www.tpltrust.com. The financial services provider can be reached via phone at (214) 969-5530 or via fax at 214-969-5530. This page (NYSE:TPL) was last updated on 5/31/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Texas Pacific Land Co. 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