NYSE:TPLTexas Pacific Land Trust Stock Price, Forecast & News Adding Choose a 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 Trust Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $457.87 +35.80 (+8.48 %) (As of 04/5/2020 06:37 AM ET) Add Compare Share Today's Range$425.00Now: $457.87▼$465.0050-Day Range$308.34MA: $557.80▼$783.5052-Week Range$295.05Now: $457.87▼$915.66Volume69,193 shsAverage Volume67,896 shsMarket Capitalization$3.55 billionP/E Ratio11.07Dividend Yield2.37%Beta1.71 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media Texas Pacific Land Trust holds title to tracts of land in the state of Texas. The company operates through two segments, Land and Resource Management, and Water Service and Operations. It sells, leases, and manages these lands for the benefit of the holders of Certificates of Proprietary Interest in the Trust. The company has oil, gas, and water royalty interests; enter into easement contracts covering activities, such as oil and gas pipelines and subsurface wellbore easements; leases land; and sells water and land. As of December 31, 2018, it owned the surface estate in approximately 902,177 acres of land comprising various separate tracts located in 19 counties in the western part of Texas. The company also owns a 1/128 nonparticipating perpetual oil and gas royalty interest under 84,934 acres of land, as well as a 1/16 nonparticipating perpetual oil and gas royalty interest under 370,737 acres of land in the western part of Texas; and oil and gas royalty interests in approximately 1,826 net royalty acres. Texas Pacific Land Trust was founded in 1888 and is headquartered in Dallas, Texas.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingTexas Pacific Land Trust has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $947.00, Texas Pacific Land Trust has a potential upside of 106.8% from its current price of $457.87.Amount of Analyst CoverageTexas Pacific Land Trust has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Community Rank Outperform VotesTexas Pacific Land Trust has received 247 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTexas Pacific Land Trust has received 170 “underperform” votes. (Add your “underperform” vote.)Community SentimentTexas Pacific Land Trust has received 59.23% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Texas Pacific Land Trust 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 4.2 Dividend Strength Dividend LeadershipTexas Pacific Land Trust is a leading dividend payer. It pays a dividend yield of 2.37%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthTexas Pacific Land Trust has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of Texas Pacific Land Trust is 24.17 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Texas Pacific Land Trust will have a dividend payout ratio of 39.84 % next year. This indicates that Texas Pacific Land Trust will be able to sustain or increase its dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Texas Pacific Land Trust insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,474,261.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 0.92% of the stock of Texas Pacific Land Trust is held by insiders.Percentage Held by Institutions42.04% of the stock of Texas Pacific Land Trust 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 Earnings GrowthEarnings for Texas Pacific Land Trust are expected to grow by 11.61% in the coming year, from $22.49 to $25.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Texas Pacific Land Trust is 11.07, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 9.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Texas Pacific Land Trust is 11.07, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 10.30.Price to Book Value per Share RatioTexas Pacific Land Trust has a P/B Ratio of 6.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 3.0Dividend Strength: 4.2Insider Behavior: 4.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.06 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Oil royalty traders Sub-IndustryN/A SectorFinance Current SymbolNYSE:TPL Previous Symbol CUSIPN/A CIK97517 Webhttp://www.tpltrust.com/ Phone214-969-5530Debt Debt-to-Equity Ratio0.01 Current Ratio19.10 Quick Ratio19.10Price-To-Earnings Trailing P/E Ratio11.07 Forward P/E Ratio20.36 P/E GrowthN/A Sales & Book Value Annual Sales$490.50 million Price / Sales7.24 Cash Flow$46.11 per share Price / Cash Flow9.93 Book Value$66.03 per share Price / Book6.93Profitability EPS (Most Recent Fiscal Year)$41.38 Net Income$318.73 million Net Margins96.55% Return on Equity76.74% Return on Assets64.55%Miscellaneous Employees64 Outstanding Shares7,760,000Market Cap$3.55 billion Next Earnings Date4/23/2020 (Estimated) OptionableNot Optionable Receive TPL News and Ratings via Email Sign-up to receive the latest news and ratings for TPL and its competitors with MarketBeat's FREE daily newsletter. TPL Rates by TradingView Texas Pacific Land Trust (NYSE:TPL) Frequently Asked Questions How has Texas Pacific Land Trust's stock been impacted by COVID-19 (Coronavirus)? Texas Pacific Land Trust's stock was trading at $457.01 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, TPL stock has increased by 0.2% and is now trading at $457.87. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Texas Pacific Land Trust's next earnings date? Texas Pacific Land Trust is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Texas Pacific Land Trust. How were Texas Pacific Land Trust's earnings last quarter? Texas Pacific Land Trust (NYSE:TPL) released its earnings results on Thursday, January, 30th. The financial services provider reported $9.20 earnings per share for the quarter, topping the consensus estimate of $7.37 by $1.83. The financial services provider had revenue of $113.33 million for the quarter, compared to analyst estimates of $89 million. Texas Pacific Land Trust had a return on equity of 76.74% and a net margin of 96.55%. View Texas Pacific Land Trust's earnings history. How often does Texas Pacific Land Trust pay dividends? What is the dividend yield for Texas Pacific Land Trust? Texas Pacific Land Trust declared an annual dividend on Tuesday, February 25th. Shareholders of record on Monday, March 9th will be given a dividend of $10.00 per share on Monday, March 16th. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from Texas Pacific Land Trust's previous annual dividend of $1.75. View Texas Pacific Land Trust's dividend history. What price target have analysts set for TPL? 1 equities research analysts have issued 1-year price targets for Texas Pacific Land Trust's shares. Their forecasts range from $947.00 to $947.00. On average, they anticipate Texas Pacific Land Trust's stock price to reach $947.00 in the next year. This suggests a possible upside of 106.8% from the stock's current price. View analysts' price targets for Texas Pacific Land Trust. Has Texas Pacific Land Trust been receiving favorable news coverage? Headlines about TPL stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing 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 news sentiment score of -3.3 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutTexas Pacific Land Trust. Are investors shorting Texas Pacific Land Trust? Texas Pacific Land Trust saw a increase in short interest in March. As of March 13th, there was short interest totaling 51,100 shares, an increase of 98.8% from the February 27th total of 25,700 shares. Based on an average trading volume of 21,100 shares, the days-to-cover ratio is presently 2.4 days. Currently, 0.7% of the shares of the company are short sold. View Texas Pacific Land Trust's Current Options Chain. Who are some of Texas Pacific Land Trust's key competitors? 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). What other stocks do shareholders of Texas Pacific Land Trust own? 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), Alibaba Group (BABA), salesforce.com (CRM), Align Technology (ALGN), Booking (BKNG), Celgene (CELG), Buckeye Partners (BPL) and Visa (V). Who are Texas Pacific Land Trust's key executives? Texas Pacific Land Trust's management team includes the following people: Mr. Tyler Glover, Gen. Agent, CEO & Sec. (Age 34)Mr. Robert J. Packer, Gen. Agent, CFO & Principal Accounting Officer (Age 50) What is Texas Pacific Land Trust's stock symbol? Texas Pacific Land Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPL." How do I buy shares of 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. What is Texas Pacific Land Trust's stock price today? One share of TPL stock can currently be purchased for approximately $457.87. How big of a company is Texas Pacific Land Trust? Texas Pacific Land Trust has a market capitalization of $3.55 billion and generates $490.50 million in revenue each year. The financial services provider earns $318.73 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. What is Texas Pacific Land Trust's official website? The official website for Texas Pacific Land Trust is http://www.tpltrust.com/. How can I contact Texas Pacific Land Trust? Texas Pacific Land Trust's mailing address is 1700 PACIFIC AVE STE 2900, DALLAS TX, 75201. The financial services provider can be reached via phone at 214-969-5530. This page was last updated on 4/5/2020 by MarketBeat.com StaffFeatured Article: What are the Different Types of Leveraged Buyouts?
