FY2027 Earnings Forecast for ARLP Issued By Noble Financial

Alliance Resource Partners, L.P. (NASDAQ:ARLP) – Equities researchers at Noble Financial increased their FY2027 earnings estimates for Alliance Resource Partners in a research note issued to investors on Tuesday, July 14th. Noble Financial analyst M. Reichman now expects that the energy company will earn $2.68 per share for the year, up from their previous estimate of $2.67. The consensus estimate for Alliance Resource Partners’ current full-year earnings is $2.53 per share.

Alliance Resource Partners (NASDAQ:ARLP) last announced its earnings results on Monday, April 27th. The energy company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.28). Alliance Resource Partners had a net margin of 11.35% and a return on equity of 16.87%. The company had revenue of $516.02 million during the quarter, compared to analysts’ expectations of $518.24 million.

Several other analysts have also recently weighed in on the stock. Wall Street Zen cut shares of Alliance Resource Partners from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Zacks Research upgraded shares of Alliance Resource Partners from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. Finally, Weiss Ratings cut Alliance Resource Partners from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $30.00.

Alliance Resource Partners Price Performance

ARLP stock opened at $24.42 on Thursday. The firm has a 50 day simple moving average of $24.71 and a two-hundred day simple moving average of $25.44. The stock has a market cap of $3.14 billion, a PE ratio of 12.85 and a beta of 0.23. Alliance Resource Partners has a one year low of $22.20 and a one year high of $29.45. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.46 and a quick ratio of 0.95.

Alliance Resource Partners Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 8th were given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 9.8%. The ex-dividend date was Friday, May 8th. Alliance Resource Partners’s dividend payout ratio (DPR) is presently 126.32%.

Institutional Investors Weigh In On Alliance Resource Partners

A number of hedge funds have recently made changes to their positions in the business. Summit Securities Group LLC purchased a new stake in shares of Alliance Resource Partners in the 1st quarter valued at $28,000. IFC & Insurance Marketing Inc. purchased a new position in Alliance Resource Partners in the 4th quarter worth $35,000. Smartleaf Asset Management LLC bought a new stake in Alliance Resource Partners in the fourth quarter worth $35,000. Sound Income Strategies LLC bought a new stake in Alliance Resource Partners in the fourth quarter worth $36,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Alliance Resource Partners by 135.0% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,523 shares of the energy company’s stock valued at $39,000 after buying an additional 875 shares during the period. 18.11% of the stock is currently owned by institutional investors.

Alliance Resource Partners Company Profile

Alliance Resource Partners, L.P. (NASDAQ: ARLP) is a Tulsa, Oklahoma–based master limited partnership engaged in the production, marketing and transportation of bituminous coal. Through its subsidiaries, the company develops, owns and operates surface and underground coal mines, providing fuel primarily for electric power generation and various industrial applications. Alliance’s integrated business model covers the extraction of raw coal, processing at preparation plants and delivery to domestic and export customers.

The partnership operates multiple mining complexes across Illinois, Indiana, Kentucky and West Virginia.