Texas Pacific Land Stock Forecast, Price & News

Texas Pacific Land (NYSE:TPL) Frequently Asked Questions

Is Texas Pacific Land a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Texas Pacific Land in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Texas Pacific Land stock.
View analyst ratings for Texas Pacific Land or view top-rated stocks.

What stocks does MarketBeat like better than Texas Pacific Land?

Wall Street analysts have given Texas Pacific Land a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Texas Pacific Land wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Texas Pacific Land's next earnings date?

Texas Pacific Land is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
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 data on Thursday, August, 5th. The financial services provider reported $7.36 earnings per share for the quarter, missing analysts' consensus estimates of $7.37 by $0.01. The financial services provider had revenue of $95.93 million for the quarter, compared to analyst estimates of $94.22 million. Texas Pacific Land had a trailing twelve-month return on equity of 38.17% and a net margin of 60.27%.
View Texas Pacific Land's earnings history.

How has Texas Pacific Land's stock been impacted by COVID-19 (Coronavirus)?

Texas Pacific Land's stock was trading at $457.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TPL shares have increased by 184.8% and is now trading at $1,301.52.
View which stocks have been most impacted by COVID-19.

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 Thursday, August 5th. Investors of record on Wednesday, September 8th will be given a dividend of $2.75 per share on Wednesday, September 15th. This represents a $11.00 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Tuesday, September 7th.
View Texas Pacific Land's dividend history.

Is Texas Pacific Land a good dividend stock?

Texas Pacific Land pays an annual dividend of $11.00 per share and currently has a dividend yield of 0.84%. Texas Pacific Land does not yet have a strong track record of dividend growth. The dividend payout ratio of Texas Pacific Land is 48.46%. 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 23.49% next year. This indicates that Texas Pacific Land will be able to sustain or increase its dividend.
View Texas Pacific Land's dividend history.

What price target have analysts set for TPL?

2 brokerages have issued twelve-month price targets for Texas Pacific Land's stock. Their forecasts range from $1,359.00 to $2,000.00. On average, they expect Texas Pacific Land's share price to reach $1,679.50 in the next year. This suggests a possible upside of 29.0% from the stock's current price.
View analysts' price targets for Texas Pacific Land or view top-rated stocks among Wall Street analysts.

Who are Texas Pacific Land's key executives?

Texas Pacific Land's management team includes the following people:

• Tyler Glover, President, Chief Executive Officer & Director
• Chris Steddum, Chief Financial Officer
• Micheal W. Dobbs, Secretary, Senior VP & General Counsel
• Stephanie D. Buffington, Chief Accounting Officer

Who are some of Texas Pacific Land's key competitors?

Some companies that are related to Texas Pacific Land 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), Marine Petroleum Trust (MARPS) and Hugoton Royalty Trust (HGTXU).
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), The Walt Disney (DIS), Adobe (ADBE), Mastercard (MA), QUALCOMM (QCOM), Visa (V), Alibaba Group (BABA), Costco Wholesale (COST), salesforce.com (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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.91%), BlackRock Inc. (3.94%), State Street Corp (1.17%), Price T Rowe Associates Inc. MD (1.11%), Geode Capital Management LLC (1.09%) and Mad River Investors (0.69%). Company insiders that own Texas Pacific Land stock include 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 Morgan Stanley, Morgan Stanley, Epoch Investment Partners Inc., Wells Fargo & Company MN, Citadel Advisors LLC, Summit Street Capital Management LLC, Envestnet Asset Management Inc., and Stifel Financial Corp.
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 purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Vanguard Group Inc., Essex Financial Services Inc., Hodges Capital Management Inc., Geode Capital Management LLC, Blackstone Inc, and Nuveen Asset Management LLC. 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.
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What is Texas Pacific Land's stock price today?

One share of TPL stock can currently be purchased for approximately $1,301.52.

How much money does Texas Pacific Land make?

Texas Pacific Land has a market capitalization of $10.09 billion and generates $302.55 million in revenue each year. The financial services provider earns $176.05 million in net income (profit) each year or $22.70 on an earnings per share basis.

How many employees does Texas Pacific Land have?

Texas Pacific Land employs 102 workers across the globe.

What is Texas Pacific Land's official website?

The official website for Texas Pacific Land is www.tpltrust.com.

Where are Texas Pacific Land's headquarters?

Texas Pacific Land is headquartered at 1700 PACIFIC AVENUE SUITE 2900, DALLAS TX, 75201.

How can I contact Texas Pacific Land?

Texas Pacific Land'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.