Alliance Resource Partners, L.P. (NASDAQ:ARLP) – Stock analysts at Seaport Global Securities increased their Q4 2017 earnings per share estimates for Alliance Resource Partners, L.P. in a research report issued to clients and investors on Monday. Seaport Global Securities analyst M. Levin now expects that the energy company will post earnings per share of $0.56 for the quarter, up from their prior forecast of $0.41. Seaport Global Securities also issued estimates for Alliance Resource Partners, L.P.’s FY2018 earnings at $2.12 EPS and FY2019 earnings at $1.58 EPS.

A number of other research firms also recently issued reports on ARLP. ValuEngine downgraded shares of Alliance Resource Partners, L.P. from a “strong-buy” rating to a “buy” rating in a research report on Thursday, August 3rd. Zacks Investment Research downgraded shares of Alliance Resource Partners, L.P. from a “buy” rating to a “sell” rating in a research report on Friday, October 27th. BidaskClub downgraded shares of Alliance Resource Partners, L.P. from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Finally, FBR & Co set a $30.00 target price on shares of Alliance Resource Partners, L.P. and gave the company a “buy” rating in a research report on Tuesday. Two analysts have rated the stock with a sell rating, one has issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $26.12.

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Alliance Resource Partners, L.P. (NASDAQ:ARLP) last announced its earnings results on Monday, October 30th. The energy company reported $0.52 EPS for the quarter, missing the Zacks’ consensus estimate of $0.65 by ($0.13). Alliance Resource Partners, L.P. had a return on equity of 31.27% and a net margin of 18.96%. The company had revenue of $453.19 million during the quarter, compared to the consensus estimate of $474.34 million. During the same period in the prior year, the business posted $0.91 earnings per share. Alliance Resource Partners, L.P.’s revenue for the quarter was down 17.9% compared to the same quarter last year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 14th. Investors of record on Tuesday, November 7th will be given a dividend of $0.505 per share. The ex-dividend date is Monday, November 6th. This is an increase from Alliance Resource Partners, L.P.’s previous quarterly dividend of $0.50. This represents a $2.02 dividend on an annualized basis and a yield of 10.25%. Alliance Resource Partners, L.P.’s payout ratio is currently 53.48%.

In other Alliance Resource Partners, L.P. news, Director John P. Neafsey bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 7th. The stock was bought at an average cost of $19.55 per share, for a total transaction of $195,500.00. Following the completion of the transaction, the director now directly owns 51,604 shares of the company’s stock, valued at approximately $1,008,858.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 44.03% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. IFP Advisors Inc lifted its position in Alliance Resource Partners, L.P. by 2.8% during the second quarter. IFP Advisors Inc now owns 13,729 shares of the energy company’s stock valued at $259,000 after purchasing an additional 373 shares during the period. Algert Global LLC raised its position in shares of Alliance Resource Partners, L.P. by 0.8% in the second quarter. Algert Global LLC now owns 59,305 shares of the energy company’s stock worth $1,121,000 after acquiring an additional 470 shares during the period. Alliancebernstein L.P. raised its position in shares of Alliance Resource Partners, L.P. by 5.9% in the second quarter. Alliancebernstein L.P. now owns 10,284 shares of the energy company’s stock worth $194,000 after acquiring an additional 576 shares during the period. QS Investors LLC raised its position in shares of Alliance Resource Partners, L.P. by 19.3% in the second quarter. QS Investors LLC now owns 13,112 shares of the energy company’s stock worth $248,000 after acquiring an additional 2,117 shares during the period. Finally, Mariner Wealth Advisors LLC raised its position in shares of Alliance Resource Partners, L.P. by 19.6% in the second quarter. Mariner Wealth Advisors LLC now owns 15,268 shares of the energy company’s stock worth $289,000 after acquiring an additional 2,500 shares during the period. Institutional investors own 14.93% of the company’s stock.

About Alliance Resource Partners, L.P.

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.

Earnings History and Estimates for Alliance Resource Partners, L.P. (NASDAQ:ARLP)

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