Analysts expect Natural Resource Partners LP (NYSE:NRP) to post earnings per share of $0.92 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Natural Resource Partners’ earnings. The highest EPS estimate is $0.94 and the lowest is $0.90. Natural Resource Partners reported earnings of $1.26 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 27%. The firm is scheduled to issue its next earnings report on Monday, November 6th.

According to Zacks, analysts expect that Natural Resource Partners will report full year earnings of $2.72 per share for the current year. For the next year, analysts anticipate that the company will post earnings of $4.19 per share, with EPS estimates ranging from $3.90 to $4.47. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that that provide coverage for Natural Resource Partners.

NRP has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Natural Resource Partners from a “strong sell” rating to a “hold” rating in a research note on Tuesday. ValuEngine cut shares of Natural Resource Partners from a “strong-buy” rating to a “buy” rating in a research note on Friday, July 7th. BidaskClub cut shares of Natural Resource Partners from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. Finally, Stifel Nicolaus set a $31.00 target price on shares of Natural Resource Partners and gave the stock a “hold” rating in a research note on Wednesday, August 9th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company. Natural Resource Partners has an average rating of “Hold” and an average target price of $28.33.

A number of hedge funds and other institutional investors have recently made changes to their positions in NRP. Morgan Stanley lifted its stake in Natural Resource Partners by 488.5% during the 1st quarter. Morgan Stanley now owns 341,621 shares of the energy company’s stock valued at $12,350,000 after acquiring an additional 283,574 shares during the period. JPMorgan Chase & Co. lifted its stake in Natural Resource Partners by 64.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 657,207 shares of the energy company’s stock valued at $18,106,000 after acquiring an additional 257,912 shares during the period. Goldman Sachs Group Inc. lifted its stake in Natural Resource Partners by 16.7% during the 2nd quarter. Goldman Sachs Group Inc. now owns 518,356 shares of the energy company’s stock valued at $14,281,000 after acquiring an additional 74,138 shares during the period. Marshall Wace North America L.P. acquired a new stake in Natural Resource Partners during the 2nd quarter valued at approximately $308,000. Finally, GSA Capital Partners LLP acquired a new stake in Natural Resource Partners during the 2nd quarter valued at approximately $254,000. Institutional investors and hedge funds own 20.31% of the company’s stock.

Natural Resource Partners (NYSE:NRP) traded up 6.97% on Wednesday, hitting $26.10. 26,272 shares of the stock traded hands. The firm has a 50-day moving average price of $24.77 and a 200-day moving average price of $28.75. Natural Resource Partners has a 12 month low of $22.81 and a 12 month high of $45.60. The company has a market capitalization of $319.26 million, a PE ratio of 7.34 and a beta of 0.66.

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Natural Resource Partners Company Profile

Natural Resource Partners L.P. owns, operates, manages and leases a portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, construction aggregates and other natural resources. Coal Royalty and Other segment consists primarily of coal royalty and coal related transportation and processing assets.

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