Wall Street analysts expect that Natural Resource Partners LP (NYSE:NRP) will report sales of $87.98 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Natural Resource Partners’ earnings, with the highest sales estimate coming in at $89.00 million and the lowest estimate coming in at $86.96 million. Natural Resource Partners reported sales of $88.11 million in the same quarter last year, which suggests a negative year over year growth rate of 0.1%. The business is scheduled to report its next quarterly earnings results on Monday, March 5th.

According to Zacks, analysts expect that Natural Resource Partners will report full year sales of $87.98 million for the current year, with estimates ranging from $359.43 million to $365.90 million. For the next financial year, analysts expect that the business will post sales of $357.73 million per share, with estimates ranging from $354.55 million to $360.90 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that follow Natural Resource Partners.

Several equities research analysts have commented on NRP shares. BidaskClub lowered Natural Resource Partners from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. ValuEngine lowered Natural Resource Partners from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 2nd. Zacks Investment Research upgraded Natural Resource Partners from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 10th. Finally, Stifel Nicolaus reiterated a “hold” rating on shares of Natural Resource Partners in a research note on Friday, October 13th.

Several institutional investors have recently modified their holdings of NRP. JPMorgan Chase & Co. boosted its holdings in shares of Natural Resource Partners by 64.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 657,207 shares of the energy company’s stock worth $18,106,000 after purchasing an additional 257,912 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of 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 worth $14,281,000 after purchasing an additional 74,138 shares during the last quarter. Marshall Wace North America L.P. acquired a new position in shares of Natural Resource Partners during the 2nd quarter worth approximately $308,000. GSA Capital Partners LLP acquired a new position in shares of Natural Resource Partners during the 2nd quarter worth approximately $254,000. Finally, Maple Rock Capital Partners Inc. lifted its holdings in Natural Resource Partners by 1.1% in the third quarter. Maple Rock Capital Partners Inc. now owns 686,110 shares of the energy company’s stock valued at $16,981,000 after acquiring an additional 7,500 shares during the last quarter. Institutional investors and hedge funds own 22.59% of the company’s stock.

Natural Resource Partners (NYSE:NRP) traded up $0.15 during trading hours on Friday, reaching $24.75. The company’s stock had a trading volume of 24,407 shares, compared to its average volume of 58,112. Natural Resource Partners has a 52 week low of $22.81 and a 52 week high of $45.60. The company has a current ratio of 0.89, a quick ratio of 0.85 and a debt-to-equity ratio of 3.12. The stock has a market cap of $302.74, a price-to-earnings ratio of 12.25 and a beta of 0.70.

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 14th. Stockholders of record on Tuesday, November 7th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 7.27%. The ex-dividend date was Monday, November 6th. Natural Resource Partners’s dividend payout ratio is currently 72.00%.

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About Natural Resource Partners

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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