Alliance Resource Partners (ARLP) Scheduled to Post Quarterly Earnings on Monday

Alliance Resource Partners (NASDAQ:ARLP) will release its earnings data before the market opens on Monday, July 29th. Analysts expect Alliance Resource Partners to post earnings of $0.89 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Alliance Resource Partners (NASDAQ:ARLP) last issued its quarterly earnings data on Monday, April 29th. The energy company reported $1.21 EPS for the quarter, topping the consensus estimate of $0.93 by $0.28. Alliance Resource Partners had a net margin of 23.36% and a return on equity of 31.68%. The firm had revenue of $651.70 million for the quarter, compared to analyst estimates of $625.32 million. During the same period in the prior year, the business posted $1.45 EPS. On average, analysts expect Alliance Resource Partners to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Alliance Resource Partners Stock Performance

Shares of ARLP stock opened at $25.79 on Friday. The firm’s 50 day moving average price is $24.41 and its 200-day moving average price is $22.06. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.54 and a current ratio of 2.08. Alliance Resource Partners has a one year low of $18.32 and a one year high of $26.21. The firm has a market cap of $3.30 billion, a P/E ratio of 5.64 and a beta of 1.15.

Alliance Resource Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 14th. Stockholders of record on Wednesday, August 7th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 10.86%. Alliance Resource Partners’s dividend payout ratio is currently 61.27%.

Analyst Ratings Changes

Several equities analysts have recently commented on ARLP shares. StockNews.com upgraded shares of Alliance Resource Partners from a “buy” rating to a “strong-buy” rating in a report on Tuesday, April 30th. Benchmark reaffirmed a “buy” rating and set a $25.00 target price on shares of Alliance Resource Partners in a research note on Tuesday, April 30th.

Alliance Resource Partners Company Profile

Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties.