NYSE:TPL Texas Pacific Land (TPL) Stock Price, News & Analysis → The ONE AI sSock to own now. (It’s not Nvidia.) (From Weiss Ratings) (Ad) Free TPL Stock Alerts $1,670.10 +3.61 (+0.22%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$1,663.22▼$1,707.5250-Day Range$1,413.16▼$1,666.4952-Week Range$1,266.21▼$2,000.00Volume31,175 shsAverage Volume27,109 shsMarket Capitalization$12.81 billionP/E Ratio31.65Dividend Yield0.84%Price Target$1,414.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Texas Pacific Land alerts: Email Address Texas Pacific Land MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside15.3% Downside$1,414.00 Price TargetShort InterestBearish3.48% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.29Based on 6 Articles This WeekInsider TradingAcquiring Shares$332,580 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.08 out of 5 starsOils/Energy Sector214th out of 240 stocksOil Royalty Traders Industry2nd out of 4 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 $1,414.00, Texas Pacific Land has a forecasted downside of 15.3% from its current price of $1,670.10.Amount of Analyst CoverageTexas Pacific Land has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.48% 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 11.1, which indicates bearish sentiment.Change versus previous monthShort interest in Texas Pacific Land has recently decreased by 3.55%, indicating that investor sentiment is improving. Previous Next 0.8 Dividend Strength Dividend YieldTexas Pacific Land has a dividend yield of 0.84%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthTexas Pacific Land has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Texas Pacific Land is 26.54%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TPL. Previous Next 2.9 News and Social Media Coverage News SentimentTexas Pacific Land has a news sentiment score of 1.29. 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 is a higher news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Texas Pacific Land this week, compared to 3 articles on an average week.Search InterestOnly 8 people have searched for TPL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Texas Pacific Land to their MarketBeat watchlist in the last 30 days. This is a decrease of -84% compared to the previous 30 days. Previous Next 5.0 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 $332,580.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders20.04% of the stock of Texas Pacific Land is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions60.40% 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 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Texas Pacific Land is 31.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 156.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Texas Pacific Land is 31.65, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.58.Price to Book Value per Share RatioTexas Pacific Land has a P/B Ratio of 12.29. 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 Ad Colonial MetalsCentral Bank Gold Heist In ProgressWhen central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.That's why we have released our Free Precious Metals Investment Guide. About Texas Pacific Land Stock (NYSE:TPL)Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.Read More TPL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TPL Stock News HeadlinesMarch 14, 2024 | insidertrades.comEric L. Oliver Purchases 100 Shares of Texas Pacific Land Co. (NYSE:TPL) StockMarch 16, 2024 | americanbankingnews.comInsider Buying: Texas Pacific Land Co. (NYSE:TPL) Director Buys $162,073.00 in StockMarch 19, 2024 | Behind the Markets (Ad)The only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.March 11, 2024 | americanbankingnews.comTexas Pacific Land Stock Set to Split on Wednesday, March 27th (NYSE:TPL)March 8, 2024 | msn.comTexas Pacific Land approves three-for-one stock splitMarch 7, 2024 | businesswire.comTexas Pacific Land Corporation Announces Three-for-One Stock SplitFebruary 27, 2024 | markets.businessinsider.comTexas Pacific Receives Favorable Ruling In Stockholders' Agreement LawsuitFebruary 27, 2024 | finance.yahoo.comDelaware Supreme Court Affirms Ruling in Favor of Texas Pacific Land Corporation on Litigation Related to Stockholders’ AgreementMarch 19, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. 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Absolutely no strings attached.February 27, 2024 | businesswire.comDelaware Supreme Court Affirms Ruling in Favor of Texas Pacific Land Corporation on Litigation Related to Stockholders' AgreementFebruary 26, 2024 | finance.yahoo.comShould You Hold Texas Pacific Land Corporation (TPL)?February 25, 2024 | finance.yahoo.comTexas Pacific Land (NYSE:TPL) Has Announced That It Will Be Increasing Its Dividend To $3.50February 23, 2024 | seekingalpha.comLandlord To The Permian Boom: Why I Just Went Big Into Texas Pacific Land StockFebruary 23, 2024 | finance.yahoo.comTexas Pacific Land Corporation (NYSE:TPL) Q4 2023 Earnings Call TranscriptFebruary 23, 2024 | finance.yahoo.comTexas Pacific Land Full Year 2023 Earnings: Beats ExpectationsFebruary 21, 2024 | msn.comTexas Pacific Land GAAP EPS of $14.73 beats by $2.27, revenue of $166.7M beats by $14.5MFebruary 21, 2024 | finance.yahoo.comTexas Pacific Land Corporation Announces Fourth Quarter and Full Year 2023 ResultsFebruary 21, 2024 | finance.yahoo.comTexas Pacific Land Corp Reports Record Quarterly Royalty Production and Robust Financial ...February 21, 2024 | businesswire.comTexas Pacific Land Corporation Announces Fourth Quarter and Full Year 2023 ResultsFebruary 16, 2024 | finance.yahoo.comTexas Pacific Land Corporation (TPL)February 8, 2024 | finance.yahoo.comMurray Stahl's Horizon Kinetics Reduces Stake in Texas Pacific Land CorpFebruary 6, 2024 | finance.yahoo.comMurray Stahl's Firm Reduces Stake in Texas Pacific Land CorpJanuary 25, 2024 | finance.yahoo.comTexas Pacific Land Corporation Sets Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference CallJanuary 15, 2024 | finance.yahoo.comDecline in Oil and Natural Gas Prices Affected Texas Pacific Land Corporation (TPL) in Q4January 8, 2024 | finance.yahoo.comWith 61% ownership, Texas Pacific Land Corporation (NYSE:TPL) boasts of strong institutional backingJanuary 1, 2024 | seekingalpha.comTexas Pacific: Issue Stock To Buy Land, Cause They Are Not Making It Any MoreDecember 4, 2023 | finance.yahoo.comDelaware Court of Chancery Rules in Favor of Texas Pacific Land Corporation on Litigation Related to Stockholders’ AgreementSee More Headlines 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 Company Calendar Last Earnings2/21/2024Ex-Dividend for 3/15 Dividend2/29/2024Dividend Payable3/15/2024Today3/19/2024Next Earnings (Estimated)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Oil royalty traders Sub-IndustryN/A Current SymbolNYSE:TPL CUSIPN/A CIK97517 Webwww.tpltrust.com Phone(214) 969-5530Fax214-969-5530Employees100Year FoundedN/APrice Target and Rating Average Stock Price Target$1,414.00 High Stock Price Target$1,414.00 Low Stock Price Target$1,414.00 Potential Upside/Downside-15.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$52.76 Trailing P/E Ratio31.65 Forward P/E Ratio29.86 P/E GrowthN/ANet Income$405.64 million Net Margins64.22% Pretax Margin81.94% Return on Equity43.57% Return on Assets38.70% Debt Debt-to-Equity RatioN/A Current Ratio37.50 Quick Ratio37.50 Sales & Book Value Annual Sales$631.59 million Price / Sales20.28 Cash Flow$55.69 per share Price / Cash Flow29.99 Book Value$135.92 per share Price / Book12.29Miscellaneous Outstanding Shares7,670,000Free Float6,131,000Market Cap$12.81 billion OptionableNot Optionable Beta1.60 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Tyler Glover (Age 39)President, CEO & Trustee Comp: $2.3MMr. Chris Steddum (Age 43)Chief Financial Officer Comp: $1.2MMr. Micheal W. Dobbs (Age 50)Senior VP, Secretary & General Counsel Comp: $915.76kMs. Stephanie D. Buffington (Age 57)Chief Accounting Officer Shawn AminiVice President of Finance & Investor RelationsMr. Robert A. Crain (Age 44)Executive Vice President of Texas Pacific Water Resources LLC More ExecutivesKey CompetitorsPermian ResourcesNASDAQ:PREvergyNYSE:EVRGPlains All American PipelineNYSE:PAAWestern Midstream PartnersNYSE:WESChesapeake EnergyNASDAQ:CHKView All CompetitorsInsiders & InstitutionsMurray StahlBought 3 shares on 3/15/2024Total: $4,999.47 ($1,666.49/share)B. Riley Wealth Advisors Inc.Sold 475 shares on 3/15/2024Ownership: 0.011%Eric L OliverBought 100 shares on 3/13/2024Total: $162,073.00 ($1,620.73/share)Vanguard Group Inc.Bought 8,155 shares on 3/11/2024Ownership: 8.267%Murray StahlBought 3 shares on 3/11/2024Total: $4,659.06 ($1,553.02/share)View All Insider TransactionsView All Institutional Transactions TPL Stock Analysis - 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 target for 2024? 1 equities research analysts have issued 1 year price objectives for Texas Pacific Land's shares. Their TPL share price targets range from $1,414.00 to $1,414.00. On average, they expect the company's share price to reach $1,414.00 in the next year. This suggests that the stock has a possible downside of 15.3%. View analysts price targets for TPL or view top-rated stocks among Wall Street analysts. How have TPL shares performed in 2024? Texas Pacific Land's stock was trading at $1,572.45 at the start of the year. Since then, TPL shares have increased by 6.2% and is now trading at $1,670.10. View the best growth stocks for 2024 here. When is Texas Pacific Land's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our TPL earnings forecast. How were Texas Pacific Land's earnings last quarter? Texas Pacific Land Co. (NYSE:TPL) posted its earnings results on Wednesday, February, 21st. The financial services provider reported $14.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.46 by $2.27. The financial services provider had revenue of $166.66 million for the quarter, compared to analysts' expectations of $152.20 million. Texas Pacific Land had a trailing twelve-month return on equity of 43.57% and a net margin of 64.22%. How often does Texas Pacific Land pay dividends? What is the dividend yield for Texas Pacific Land? Texas Pacific Land announced a quarterly dividend on Tuesday, February 13th. Investors of record on Friday, March 1st will be given a dividend of $3.50 per share on Friday, March 15th. This represents a $14.00 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, February 29th. This is a positive change from the stock's previous quarterly dividend of $3.25. Read our dividend analysis for TPL. Is Texas Pacific Land a good dividend stock? Texas Pacific Land (NYSE:TPL) pays an annual dividend of $14.00 per share and currently has a dividend yield of 0.84%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.54%. This payout ratio is at a healthy, sustainable level, below 75%. 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 Horizon Kinetics Inflation Beneficiaries ETF (INFL), Formidable Fortress ETF (KONG), Invesco Dorsey Wright Energy Momentum ETF (PXI), Horizon Kinetics Energy and Remediation ETF (NVIR), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Amplify Inflation Fighter ETF (IWIN), Global X Guru Index ETF (GURU) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO). When did Texas Pacific Land's stock split? Texas Pacific Land shares split on Wednesday, March 27th 2024. The 3-1 split was announced on Wednesday, March 27th 2024. The newly minted shares will be distributed to shareholders after the market closes on Wednesday, March 27th 2024. An investor that had 100 shares of stock prior to the split would have 300 shares after the split. 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). Who are Texas Pacific Land's major shareholders? Texas Pacific Land's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Horizon Kinetics Asset Management LLC (17.44%), Vanguard Group Inc. (8.27%), Vanguard Group Inc. (8.27%), Schwartz Investment Counsel Inc. (0.87%), Legal & General Group Plc (0.62%) and Northern Trust Corp (0.62%). Insiders that own company stock include Dana F Mcginnis, Donald G Cook, Eric L Oliver, Kinetics Asset Managem Horizon, Micheal W Dobbs, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:TPL) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceStock-Picking AI Predicts #1 Stock of 2024AltimetrySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Company 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. Please log in to your account or sign up in order to add this asset to your watchlist. 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