NYSE:TPL - Texas Pacific Land Trust Stock Price, Forecast & News

Texas Pacific Land Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPL."

Texas Pacific Land Trust declared an annual dividend on Tuesday, February 26th. Stockholders of record on Friday, March 8th will be given a dividend of $1.75 per share on Friday, March 15th. This represents a dividend yield of 0.23%. The ex-dividend date of this dividend is Thursday, March 7th. This is an increase from Texas Pacific Land Trust's previous annual dividend of $1.05. View Texas Pacific Land Trust's Dividend History.

Texas Pacific Land Trust (NYSE:TPL) issued its earnings results on Thursday, October, 31st. The financial services provider reported $7.74 earnings per share (EPS) for the quarter. The financial services provider had revenue of $98.53 million for the quarter. Texas Pacific Land Trust had a return on equity of 88.89% and a net margin of 100.01%. View Texas Pacific Land Trust's Earnings History.

Texas Pacific Land Trust is scheduled to release their next quarterly earnings announcement on Thursday, January 30th 2020. View Earnings Estimates for Texas Pacific Land Trust.

1 analysts have issued 1 year price targets for Texas Pacific Land Trust's shares. Their forecasts range from $937.00 to $937.00. On average, they expect Texas Pacific Land Trust's stock price to reach $937.00 in the next year. This suggests a possible upside of 23.5% from the stock's current price. View Analyst Price Targets for Texas Pacific Land Trust.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Texas Pacific Land Trust in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Texas Pacific Land Trust.

Media coverage about TPL stock has been trending neutral on Friday, according to InfoTrie. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Texas Pacific Land Trust earned a daily sentiment score of 0.5 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Texas Pacific Land Trust.

Texas Pacific Land Trust saw a drop in short interest in December. As of December 31st, there was short interest totalling 13,800 shares, a drop of 22.0% from the December 15th total of 17,700 shares. Based on an average daily volume of 16,300 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the company's stock are short sold. View Texas Pacific Land Trust's Current Options Chain.

Some companies that are related to Texas Pacific Land Trust include Sabine Royalty Trust (SBR), Permian Basin Royalty Trust (PBT), San Juan Basin Royalty Trust (SJT), Cross Timbers Royalty Trust (CRT), North European Oil Royalty Trust (NRT), Mesa Royalty Trust (MTR) and Marine Petroleum Trust (MARPS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Texas Pacific Land Trust investors own include NVIDIA (NVDA), Adobe (ADBE), Walt Disney (DIS), salesforce.com (CRM), Align Technology (ALGN), Celgene (CELG), Alibaba Group (BABA), Buckeye Partners (BPL), Adverum Biotechnologies (ADVM) and Costco Wholesale (COST).

Texas Pacific Land Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include Lawson Kroeker Investment Management Inc. NE (0.55%), Santa Monica Partners LP (0.23%), Raymond James Trust N.A. (0.07%), We Are One Seven LLC (0.06%), Washburn Capital Management Inc. (0.03%) and Ipswich Investment Management Co. Inc. (0.03%). Company insiders that own Texas Pacific Land Trust stock include David E Barry, Horizon Kinetics Llc, Kinetics Asset Managem Horizon, Maurice Meyer III and Robert J Packer. View Institutional Ownership Trends for Texas Pacific Land Trust.

TPL stock was sold by a variety of institutional investors in the last quarter, including Santa Monica Partners LP, Lawson Kroeker Investment Management Inc. NE, Janney Montgomery Scott LLC, Ipswich Investment Management Co. Inc. and Tocqueville Asset Management L.P.. View Insider Buying and Selling for Texas Pacific Land Trust.

TPL stock was bought by a variety of institutional investors in the last quarter, including Raymond James Trust N.A., Washburn Capital Management Inc., Savior LLC, Segment Wealth Management LLC, We Are One Seven LLC and Steward Partners Investment Advisory LLC. Company insiders that have bought Texas Pacific Land Trust stock in the last two years include David E Barry, Horizon Kinetics Llc, Kinetics Asset Managem Horizon and Robert J Packer. View Insider Buying and Selling for Texas Pacific Land Trust.

Shares of TPL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of TPL stock can currently be purchased for approximately $759.00.

Texas Pacific Land Trust has a market capitalization of $5.89 billion and generates $300.20 million in revenue each year. The financial services provider earns $209.74 million in net income (profit) each year or $26.93 on an earnings per share basis. Texas Pacific Land Trust employs 64 workers across the globe.View Additional Information About Texas Pacific Land Trust.

The official website for Texas Pacific Land Trust is http://www.tpltrust.com/.

Texas Pacific Land Trust's mailing address is 1700 PACIFIC AVENUE SUITE 2900, DALLAS TX, 75201. The financial services provider can be reached via phone at 214-969-5530.