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 paid a dividend of $1.75 per share on Friday, March 15th. This represents a dividend yield of 0.23%. The ex-dividend date is Thursday, March 7th. This is a boost 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) posted its earnings results on Thursday, January, 30th. The financial services provider reported $9.20 earnings per share for the quarter, beating analysts' consensus estimates of $7.37 by $1.83. The financial services provider had revenue of $113.33 million for the quarter, compared to the consensus estimate of $89 million. Texas Pacific Land Trust had a net margin of 96.55% and a return on equity of 82.95%. View Texas Pacific Land Trust's Earnings History.

Texas Pacific Land Trust is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Texas Pacific Land Trust.

1 equities research analysts have issued 12 month price objectives for Texas Pacific Land Trust's stock. Their forecasts range from $947.00 to $947.00. On average, they expect Texas Pacific Land Trust's stock price to reach $947.00 in the next year. This suggests a possible upside of 22.7% 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 trended very negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Texas Pacific Land Trust earned a media sentiment score of -3.1 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Texas Pacific Land Trust.

Texas Pacific Land Trust saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 19,700 shares, an increase of 42.8% from the January 15th total of 13,800 shares. Based on an average daily trading volume, of 16,900 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.3% of the shares of the company 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), Booking (BKNG), Celgene (CELG), Alibaba Group (BABA), Buckeye Partners (BPL) and Adverum Biotechnologies (ADVM).

Texas Pacific Land Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include SoftVest Advisors LLC (1.68%), FIL Ltd (1.05%), Hodges Capital Management Inc. (0.85%), UBS Group AG (0.76%), Mad River Investors (0.74%) and Lawson Kroeker Investment Management Inc. NE (0.55%). 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 Moors & Cabot Inc., White Elm Capital LLC, Hodges Capital Management Inc., UBS Group AG, Man Group plc, PNC Financial Services Group Inc., Santa Monica Partners LP and Tower Bridge Advisors. View Insider Buying and Selling for Texas Pacific Land Trust.

TPL stock was acquired by a variety of institutional investors in the last quarter, including SoftVest Advisors LLC, GW&K Investment Management LLC, Investec Asset Management LTD, Atlas Principals LLC, Karani Asset Management LLC, Raymond James Trust N.A., TD Asset Management Inc. and California Public Employees Retirement System. 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 $772.00.

Texas Pacific Land Trust has a market capitalization of $5.99 billion and generates $490.50 million in revenue each year. The financial services provider earns $320.93 million in net income (profit) each year or $41.38 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.