Texas Pacific Land Stock Forecast, Price & News

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.

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.

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.

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.

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.

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.

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.

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.

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).

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

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.

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.

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.

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.

One share of TPL stock can currently be purchased for approximately $1,593.50.

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.

Texas Pacific Land employs 92 workers across the globe.

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.