Texas Pacific Land Stock Price, News & Analysis (NYSE:TPL) $1,516.00 +30.32 (+2.04%) (As of 11:34 AM ET) Add Compare Share Share Today's Range$1,498.00▼$1,516.8450-Day Range$1,487.80▼$1,978.3252-Week Range$1,266.21▼$2,659.43Volume9,910 shsAverage Volume37,853 shsMarket Capitalization$11.64 billionP/E Ratio29.74Dividend Yield0.86%Price Target$1,558.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Texas Pacific Land MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside4.6% Upside$1,558.00 Price TargetShort InterestBearish3.55% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.71Based on 9 Articles This WeekInsider TradingAcquiring Shares$192,692 Bought Last QuarterProj. Earnings Growth26.93%From $50.50 to $64.10 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.2.14 out of 5 starsOils/Energy Sector114th out of 204 stocksOil Royalty Traders Industry1st out of 2 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 $1,558.00, Texas Pacific Land has a forecasted upside of 4.6% from its current price of $1,489.22.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 Shorted3.55% 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 7.2.Change versus previous monthShort interest in Texas Pacific Land has recently increased by 1.38%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldTexas Pacific Land has a dividend yield of 0.74%, 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 25.51%. 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 20.28% 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 2.6 News and Social Media Coverage News SentimentTexas Pacific Land has a news sentiment score of 0.71. 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 0.60 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Texas Pacific Land this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for TPL on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat FollowsOnly 65 people have added Texas Pacific Land to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% 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 4.06% more of their company's stock than they have sold. Specifically, they have bought $192,692.00 in company stock and sold $185,177.00 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Texas Pacific Land are expected to grow by 26.93% in the coming year, from $50.50 to $64.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Texas Pacific Land is 29.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Texas Pacific Land is 29.22, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.95.Price to Book Value per Share RatioTexas Pacific Land has a P/B Ratio of 14.84. 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 Stock (NYSE:TPL)Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages surface acres of land. This segment also holds own 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 located in the western part of Texas. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. Further, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche. Its Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds royalties for water sourced from its land. 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 HeadlinesDecember 4, 2023 | finance.yahoo.comDelaware Court of Chancery Rules in Favor of Texas Pacific Land Corporation on Litigation Related to Stockholders’ AgreementDecember 3, 2023 | americanbankingnews.comTexas Pacific Land (NYSE:TPL) PT Lowered to $1,558.00 at Stifel NicolausDecember 7, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 26, 2023 | seekingalpha.comTexas Pacific Land: 'Buy Land, They're Not Making It Anymore'November 22, 2023 | seekingalpha.comTexas Pacific Land: Owning Dirt In The PermianNovember 20, 2023 | finance.yahoo.comDirector Rhys Best's Recent Insider Purchase of Texas Pacific Land Corp SharesNovember 3, 2023 | finance.yahoo.comTexas Pacific Land Corporation (NYSE:TPL) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | finance.yahoo.comIs Texas Pacific Land Corporation's (NYSE:TPL) Recent Stock Performance Tethered To Its Strong Fundamentals?December 7, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 1, 2023 | msn.comTexas Pacific Land declares $3.25 dividendNovember 1, 2023 | finance.yahoo.comTexas Pacific Land Corporation Announces Third Quarter 2023 ResultsNovember 1, 2023 | finance.yahoo.comTexas Pacific Land Corp (TPL) Reports Q3 2023 Earnings: Net Income Drops to $105.6 MillionOctober 31, 2023 | msn.comPermian Basin energy companies focusing on carbon capture during region's growthOctober 30, 2023 | finance.yahoo.comTexas Pacific Land (TPL) to Post Q3 Earnings: What to Expect?October 25, 2023 | finance.yahoo.comEarnings Preview: Texas Pacific (TPL) Q3 Earnings Expected to DeclineOctober 23, 2023 | finance.yahoo.comTexas Pacific Land Corporation (TPL) Contributed to Wedgewood Partners’ Performance in Q3October 11, 2023 | finance.yahoo.comTexas Pacific Land Corporation Sets Dates for Third Quarter 2023 Earnings Release and Conference CallOctober 5, 2023 | finance.yahoo.comTexas Pacific Land's (NYSE:TPL) three-year total shareholder returns outpace the underlying earnings growthOctober 4, 2023 | finance.yahoo.com2 Top Dividend Stocks I Can't Wait to Buy in OctoberSeptember 22, 2023 | seekingalpha.comTexas Pacific Land's Management Issues Coming To An EndSeptember 15, 2023 | finance.yahoo.comDirector Murray Stahl Buys 20 Shares of Texas Pacific Land CorpSeptember 14, 2023 | finance.yahoo.comDirector Murray Stahl Buys Shares of Texas Pacific Land CorpSeptember 13, 2023 | finance.yahoo.comWhy Texas Pacific Land Corp's Stock Skyrocketed 32% in a Quarter: A Deep DiveSeptember 6, 2023 | benzinga.comThe Bull Case For Texas Pacific LandAugust 15, 2023 | finance.yahoo.comMurray Stahl's Q2 2023 13F Filing Update: Key Trades and Portfolio OverviewAugust 5, 2023 | finance.yahoo.comTexas Pacific Land Corporation (NYSE:TPL) Q2 2023 Earnings Call TranscriptAugust 3, 2023 | uk.news.yahoo.comTexas Pacific (TPL) Surpasses Q2 Earnings and Revenue EstimatesSee 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 Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Last Earnings11/01/2023Ex-Dividend for 12/15 Dividend11/30/2023Today12/07/2023Dividend Payable12/15/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/28/2024Get 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) 969-5530Fax214-969-5530Employees99Year FoundedN/APrice Target and Rating Average Stock Price Target$1,558.00 High Stock Price Target$1,558.00 Low Stock Price Target$1,558.00 Potential Upside/Downside+2.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$50.97 Trailing P/E Ratio29.74 Forward P/E Ratio30.02 P/E GrowthN/ANet Income$446.36 million Net Margins63.51% Pretax Margin81.05% Return on Equity45.43% Return on Assets40.10% Debt Debt-to-Equity RatioN/A Current Ratio25.47 Quick Ratio25.47 Sales & Book Value Annual Sales$617.64 million Price / Sales18.84 Cash Flow$52.02 per share Price / Cash Flow29.14 Book Value$100.32 per share Price / Book15.11Miscellaneous Outstanding Shares7,675,000Free Float6,137,000Market Cap$11.64 billion OptionableNot Optionable Beta1.65 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Tyler Glover (Age 38)President, CEO & Trustee Comp: $2.52MMr. Chris Steddum (Age 42)Chief Financial Officer Comp: $1.24MMr. Micheal W. Dobbs (Age 49)Senior VP, Secretary & General Counsel Comp: $943kMs. Stephanie D. Buffington (Age 56)Chief Accounting Officer Shawn AminiVice President of Finance & Investor RelationsMr. Robert A. Crain (Age 43)Executive Vice President of Texas Pacific Water Resources LLC More ExecutivesKey CompetitorsOvintivNYSE:OVVWestern Midstream PartnersNYSE:WESEvergyNYSE:EVRGPlains All American PipelineNYSE:PAAAPANASDAQ:APAView All CompetitorsInsiders & InstitutionsAustin Wealth Management LLCBought 448 shares on 12/5/2023Ownership: 0.006%Kinetics Asset Managem HorizonBought 3 shares on 12/4/2023Total: $4,791.48 ($1,597.16/share)Kinetics Asset Managem HorizonBought 3 shares on 12/1/2023Total: $5,238.84 ($1,746.28/share)B. Riley Wealth Advisors Inc.Sold 33 shares on 12/1/2023Ownership: 0.017%Wellington Management Group LLPBought 625 shares on 12/1/2023Ownership: 0.008%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 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 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 brokerages have issued 12 month price objectives for Texas Pacific Land's shares. Their TPL share price targets range from $1,558.00 to $1,558.00. On average, they predict the company's share price to reach $1,558.00 in the next year. This suggests a possible upside of 4.6% 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 36.5% and is now trading at $1,489.22. 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, February 28th 2024. View our TPL earnings forecast. How were Texas Pacific Land's earnings last quarter? Texas Pacific Land Co. (NYSE:TPL) released its quarterly earnings results on Wednesday, November, 1st. The financial services provider reported $13.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $14.52 by $0.78. The financial services provider had revenue of $157.97 million for the quarter, compared to the consensus estimate of $173.84 million. Texas Pacific Land had a trailing twelve-month return on equity of 45.43% and a net margin of 63.51%. 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, October 31st. Shareholders of record on Friday, December 1st will be paid a dividend of $3.25 per share on Friday, December 15th. This represents a $13.00 annualized dividend and a yield of 0.87%. The ex-dividend date of this dividend is Thursday, November 30th. Read our dividend analysis for TPL. 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 0.74%. 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 25.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TPL will have a dividend payout ratio of 20.28% next year. This indicates that the company will be able to sustain or increase its dividend. 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). 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 number of retail and institutional investors. Top institutional shareholders include Morgan Stanley (1.00%), Schwartz Investment Counsel Inc. (0.86%), Northern Trust Corp (0.60%), York GP Ltd. (0.55%), Legal & General Group Plc (0.55%) and Charles Schwab Investment Management Inc. (0.53%). Insiders that own company stock include Dana F Mcginnis, Donald G Cook, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:TPL) was last updated on 12/7/2023 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. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.