News headlines about Alliance Resource Partners (NASDAQ:ARLP) have been trending positive on Wednesday, according to Accern. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Alliance Resource Partners earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news headlines about the energy company an impact score of 45.3736643921818 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have effected Accern’s analysis:
Alliance Resource Partners (NASDAQ:ARLP) opened at $17.90 on Wednesday. The company has a market cap of $2,340.00, a P/E ratio of 5.83 and a beta of 0.77. Alliance Resource Partners has a one year low of $17.48 and a one year high of $23.45. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.76 and a current ratio of 0.97.
Alliance Resource Partners (NASDAQ:ARLP) last posted its quarterly earnings results on Monday, January 29th. The energy company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.03). The business had revenue of $483.00 million for the quarter, compared to analysts’ expectations of $478.15 million. Alliance Resource Partners had a return on equity of 26.79% and a net margin of 16.90%. The company’s revenue was down 8.4% compared to the same quarter last year. During the same period last year, the business posted $1.30 earnings per share. sell-side analysts predict that Alliance Resource Partners will post 2.24 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 14th. Shareholders of record on Wednesday, February 7th were paid a dividend of $0.51 per share. The ex-dividend date was Tuesday, February 6th. This is an increase from Alliance Resource Partners’s previous quarterly dividend of $0.51. This represents a $2.04 annualized dividend and a dividend yield of 11.40%. Alliance Resource Partners’s dividend payout ratio (DPR) is 66.45%.
A number of equities research analysts recently weighed in on ARLP shares. Stifel Nicolaus lowered their target price on shares of Alliance Resource Partners from $22.00 to $21.00 and set a “hold” rating on the stock in a research note on Wednesday, November 15th. ValuEngine raised shares of Alliance Resource Partners from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Zacks Investment Research raised shares of Alliance Resource Partners from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research note on Friday, February 2nd. BidaskClub downgraded shares of Alliance Resource Partners from a “buy” rating to a “hold” rating in a research note on Saturday, February 3rd. Finally, B. Riley reissued a “buy” rating and set a $30.00 price target on shares of Alliance Resource Partners in a research note on Tuesday, January 30th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $26.25.
About Alliance Resource Partners
Alliance Resource Partners, L.P. is a producer and marketer of coal primarily to the United States utilities and industrial users. The Company operates through segments, including Illinois Basin, Appalachia, and Other and Corporate. The Illinois Basin segment consists of various operating segments, including Webster County Coal, LLC’s Dotiki mining complex, Gibson County Coal, LLC’s mining complex, which includes the Gibson North mine and Gibson South mine, Hopkins County Coal, LLC’s mining complex, which includes the Elk Creek mine, the Pleasant View surface mineable reserves and the Fies property, White County Coal, LLC’s, Pattiki mining complex, Warrior Coal, LLC’s mining complex, Sebree Mining, LLC’s mining complex, which includes the Onton mine and River View Coal, LLC mining complex.