Natural Resource (NRP) Set to Announce Quarterly Earnings on Tuesday
Natural Resource (NYSE:NRP) is scheduled to post its Q313 quarterly earnings results on Tuesday, November 5th. Analysts expect Natural Resource to post earnings of $0.36 per share and revenue of $85.45 million for the quarter.
Natural Resource (NYSE:NRP) last released its earnings data on Wednesday, August 7th. The company reported $0.37 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.41 by $0.04. The company had revenue of $86.80 million for the quarter, compared to the consensus estimate of $91.16 million. During the same quarter last year, the company posted $0.46 earnings per share. Natural Resource’s revenue was down 4.3% compared to the same quarter last year. On average, analysts expect Natural Resource to post $1.54 EPS for the current fiscal year and $1.71 EPS for the next fiscal year.
Natural Resource (NYSE:NRP) traded up 0.39% on Monday, hitting $20.70. The stock had a trading volume of 148,835 shares. Natural Resource has a 1-year low of $16.90 and a 1-year high of $24.37. The stock’s 50-day moving average is $19.85 and its 200-day moving average is $21.1. The company has a market cap of $2.273 billion and a P/E ratio of 11.27.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, November 14th. Investors of record on Tuesday, November 5th will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 10.67%. The ex-dividend date of this dividend is Friday, November 1st.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Natural Resource in a research note to investors on Friday, October 4th. They now have a $20.00 price target on the stock.
Natural Resource Partners L.P. is a limited partnership engaged principally in the business of owning and managing coal properties in the three coal-producing regions of the United States: Appalachia, the Illinois Basin and the Western United States.