NYSE:TPL Texas Pacific Land Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $1,593.50 +54.86 (+3.57%) (As of 06/28/2022 10:38 AM ET) Add Compare Share Today's Range$1,561.31▼$1,609.8050-Day Range$1,275.67▼$1,746.2352-Week Range$946.29▼$1,756.00Volume139 shsAverage Volume30,430 shsMarket Capitalization$12.33 billionP/E Ratio38.84Dividend Yield0.79%Price Target$800.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 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 Stock Forecast (MarketRank)Overall MarketRank™2.17 out of 5 starsOils/Energy Sector142nd out of 391 stocksOil Royalty Traders Industry1st out of 8 stocksAnalyst Opinion: 0.5Community Rank: 4.9Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 - 0.5 Analyst's Opinion Consensus RatingTexas Pacific Land has received a consensus rating of Reduce. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $800.00, Texas Pacific Land has a forecasted downside of 48.0% from its current price of $1,538.64.Amount of Analyst CoverageTexas Pacific Land has received no research coverage in the past 90 days. Previous Next 4.9 Community Rank Outperform VotesTexas Pacific Land has received 264 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTexas Pacific Land has received 97 “underperform” votes. (Add your “underperform” vote.)Community SentimentTexas Pacific Land has received 73.13% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Texas Pacific Land and other stocks. Vote “Outperform” if you believe TPL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TPL will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldTexas Pacific Land has a dividend yield of 0.79%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthTexas Pacific Land has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Texas Pacific Land is 29.25%. 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 17.22% next year. This indicates that Texas Pacific Land will be able to sustain or increase its dividend. 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 $157,735.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.80% of the stock of Texas Pacific Land is held by insiders.Percentage Held by Institutions56.25% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Texas Pacific Land are expected to grow by 14.75% in the coming year, from $60.73 to $69.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Texas Pacific Land is 37.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.94.Price to Earnings Ratio vs. SectorThe P/E ratio of Texas Pacific Land is 37.50, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.22. Previous Next See Top Rated MarketRank™ Stocks Here About Texas Pacific Land (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 approximately 880,000 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, disposal solutions, water tracking, analytics, and well testing services 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 News HeadlinesJune 21, 2022 | seekingalpha.comAris Water Solutions: Loving That Dirty WaterJune 9, 2022 | americanbankingnews.comTexas Pacific Land (NYSE:TPL) Upgraded by Zacks Investment Research to "Hold"June 8, 2022 | bizjournals.comTexas Pacific Land Corporation announces partnership for bitcoin mining venture in West TexasJune 6, 2022 | seekingalpha.comHorizon Kinetics - Texas Pacific Land Corp: A Strategic Alliance With Cryptocurrency Mining CompaniesJune 3, 2022 | americanbankingnews.comTexas Pacific Land (NYSE:TPL) Rating Lowered to Sell at Zacks Investment ResearchJune 2, 2022 | seekingalpha.comTexas Pacific Land, Milestone Carbon to team on carbon sequestration studyJune 1, 2022 | marketwatch.comTexas Pacific Land Corp., Milestone Carbon Partner For Carbon Sequestration StudyJune 1, 2022 | finance.yahoo.comTexas Pacific Land Corporation and Milestone Carbon Announce Agreement for Carbon Sequestration StudyMay 25, 2022 | finance.yahoo.comAn Intrinsic Calculation For Texas Pacific Land Corporation (NYSE:TPL) Suggests It's 21% UndervaluedMay 16, 2022 | seekingalpha.comTexas Pacific Land joins JV for bitcoin mining in West TexasMay 10, 2022 | finance.yahoo.comThe total return for Texas Pacific Land (NYSE:TPL) investors has risen faster than earnings growth over the last five yearsMay 6, 2022 | seekingalpha.comLRT Capital - Texas Pacific Land Trust: Competitively Advantaged In The Commodity SpaceMay 3, 2022 | benzinga.comEarnings Preview: Texas Pacific Land TrustSee More Headlines Industry, 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/ACompany Calendar Last Earnings5/04/2022Ex-Dividend for 6/15 Dividend6/07/2022Dividend Payable6/15/2022Today6/28/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$800.00 High Stock Price Forecast$800.00 Low Stock Price Forecast$800.00 Forecasted Upside/Downside-49.8%Consensus RatingReduce Rating Score (0-4)1 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$41.029990 Trailing P/E Ratio38.84 Forward P/E Ratio26.24 P/E GrowthN/ANet Income$269.98 million Net Margins61.82% Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$450.96 million Price / Sales27.35 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares7,740,000Free Float7,448,000Market Cap$12.33 billion OptionableNot Optionable Beta2.07 Social Links Texas Pacific Land 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 year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" Texas Pacific Land stock. View analyst ratings for Texas Pacific Land or view top-rated stocks. What is Texas Pacific Land's stock price forecast for 2022? 1 Wall Street analysts have issued 12 month price targets for Texas Pacific Land's stock. Their TPL stock forecasts range from $800.00 to $800.00. On average, they predict Texas Pacific Land's share price to reach $800.00 in the next year. This suggests that the stock has a possible downside of 49.8%. View analysts' price targets for Texas Pacific Land or view top-rated stocks among Wall Street analysts. How has Texas Pacific Land's stock performed in 2022? Texas Pacific Land's stock was trading at $1,248.87 at the beginning of the year. Since then, TPL stock has increased by 27.6% and is now trading at $1,593.50. View the best growth stocks for 2022 here. When is Texas Pacific Land's next earnings date? Texas Pacific Land is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Texas Pacific Land. How were Texas Pacific Land's earnings last quarter? Texas Pacific Land Co. (NYSE:TPL) announced its quarterly earnings results on Wednesday, May, 4th. The financial services provider reported $12.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $13.82 by $1.18. The financial services provider had revenue of $147.34 million for the quarter, compared to analysts' expectations of $156.60 million. View Texas Pacific Land's earnings history. 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 3rd. Investors of record on Wednesday, June 8th will be given a dividend of $23.00 per share on Wednesday, June 15th. This represents a $92.00 annualized dividend and a yield of 5.77%. The ex-dividend date of this dividend is Tuesday, June 7th. This is an increase from Texas Pacific Land's previous quarterly dividend of $3.00. View Texas Pacific Land's dividend history. Is Texas Pacific Land a good dividend stock? Texas Pacific Land(NYSE:TPL) pays an annual dividend of $12.00 per share and currently has a dividend yield of 0.79%. Texas Pacific Land does not yet have a strong track record of dividend growth. The dividend payout ratio of Texas Pacific Land is 29.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Texas Pacific Land will have a dividend payout ratio of 17.22% next year. This indicates that Texas Pacific Land will be able to sustain or increase its dividend. View Texas Pacific Land's dividend history. Who are Texas Pacific Land's key executives? Texas Pacific Land's management team includes the following people: Mr. Tyler Glover, Pres, CEO & Trustee (Age 37, Pay $3.43M)Mr. Chris Steddum, Chief Financial Officer (Age 41, Pay $1.55M)Mr. Micheal W. Dobbs, Sr. VP, Sec. & Gen. Counsel (Age 49, Pay $1.01M)Ms. Stephanie D. Buffington, Chief Accounting Officer (Age 55)Mr. Robert A. Crain, Exec. VP of Texas Pacific Water Resources LLC (Age 43) Who are some of Texas Pacific Land's key competitors? Some companies that are related to Texas Pacific Land include Cross Timbers Royalty Trust (CRT), Hugoton Royalty Trust (HGTXU), Marine Petroleum Trust (MARPS), Mesa Royalty Trust (MTR), North European Oil Royalty Trust (NRT), Permian Basin Royalty Trust (PBT), Sabine Royalty Trust (SBR) and San Juan Basin Royalty Trust (SJT). View all of TPL's competitors. 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 number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.13%), BlackRock Inc. (3.89%), State Street Corp (1.98%), First Manhattan Co. (1.93%), Schwartz Investment Counsel Inc. (0.97%) and Northern Trust Corp (0.76%). Company insiders that own Texas Pacific Land stock include Dana F Mcginnis, Kinetics Asset Managem Horizon, Murray Stahl and Tyler Glover. View institutional ownership trends for Texas Pacific Land. Which major investors are selling Texas Pacific Land stock? TPL stock was sold by a variety of institutional investors in the last quarter, including Anchor Capital Advisors LLC, Royal Bank of Canada, Pacific Heights Asset Management LLC, Goldman Sachs Group Inc., Bank of America Corp DE, Mad River Investors, Victory Capital Management Inc., and Lazard Asset Management LLC. View insider buying and selling activity for Texas Pacific Land or view top insider-selling stocks. Which major investors are buying Texas Pacific Land stock? TPL stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., State Street Corp, Santa Monica Partners LP, Alpha Square Group S LLC, First Foundation Advisors, First Trust Advisors LP, and Invesco Ltd.. Company insiders that have bought Texas Pacific Land stock in the last two years include Kinetics Asset Managem Horizon, Murray Stahl, and Tyler Glover. View insider buying and selling activity for Texas Pacific Land or or view top insider-buying stocks. How do I buy shares of Texas Pacific Land? Shares of TPL 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 $1,593.50. How much money does Texas Pacific Land make? Texas Pacific Land (NYSE:TPL) has a market capitalization of $12.33 billion and generates $450.96 million in revenue each year. The financial services provider earns $269.98 million in net income (profit) each year or $41.029990 on an earnings per share basis. How many employees does Texas Pacific Land have? Texas Pacific Land employs 92 workers across the globe. 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 Texas Pacific Land 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 6/28/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. 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