$1.38 EPS Expected for Natural Resource Partners LP (NYSE:NRP) This Quarter

WARNING: "Natural Resource Partners LP (NYSE:NRP) Receives $33.00 Consensus Price Target from Brokerages" was published by Chaffey Breeze and is owned by of Chaffey Breeze. The business is expected to report its next quarterly earnings report on Thursday, August 3rd. On average, analysts anticipate that Alliance Resource Partners, L.P. will post $3.28 EPS for the current fiscal year.

ARLP has been the topic of a number of research reports. Zacks Investment Research cut shares of Alliance Resource Partners, L.P. from a "buy" rating to a "sell" rating in a research report on Tuesday, April 4th.

On average, equities research analysts expect that Alliance Resource Partners, L.P. will post $3.28 earnings per share for the current year. The energy company reported $1.10 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.81 by $0.29. Natural Resource Partners had a net margin of 22.86% and a return on equity of 62.10%. The firm had revenue of $88.70 million for the quarter, compared to the consensus estimate of $89.49 million. ValuEngine raised Natural Resource Partners from a "buy" rating to a "strong-buy" rating in a report on Tuesday, May 16th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The average twelve-month price target among brokerages that have issued a report on the stock in the a year ago is $30.00. If you are reading this piece of content on another domain, it was illegally stolen and reposted in violation of global copyright and trademark laws. The original version of this piece of content can be read at https://www.com-unik.info/2017/07/21/alliance-resource-partners-l-p-nasdaqarlp-stake-cut-by-principal-financial-group-inc.html. Natural Resource Partners earned a daily sentiment score of 0.12 on Accern's scale. Shares saw a steep decrease in trading volume of 76.30% under the normal average daily volume.

Alliance Resource Partners, L.P. has a 52-week low of $17.10 and a 52-week high of $26.65.

The company now has a P/E ratio of 4.75 and the market value is 341.27M. The 50 day moving average went down by -9.11% and the 200 day average went down by -38.21%. Van ECK Associates Corp purchased a new stake in Natural Resource Partners during the first quarter worth approximately $2,607,000. Ladenburg Thalmann Financial Services Inc. now owns 4,415 shares of the energy company's stock valued at $143,000 after buying an additional 4,343 shares during the last quarter. Steinberg Global Asset Management boosted its position in shares of Alliance Resource Partners, L.P.by 13.7% in the first quarter. Acadian Asset Management LLC now owns 1,258,187 shares of the energy company's stock worth $27,241,000 after buying an additional 49,986 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Alliance Resource Partners, L.P. during the fourth quarter worth $2,775,000. Finally, FBR & Co restated an "outperform" rating and issued a $29.00 target price (up from $27.00) on shares of Alliance Resource Partners, L.P.in a report on Tuesday, May 2nd. Wedbush Securities Inc. now owns 7,383 shares of the energy company's stock valued at $267,000 after buying an additional 127 shares during the last quarter. Finally, BidaskClub upgraded shares of Natural Resource Partners from a "strong sell" rating to a "sell" rating in a research note on Sunday. Morgan Stanley now owns 341,621 shares of the energy company's stock worth $12,350,000 after buying an additional 283,574 shares during the period. Institutional investors and hedge funds own 21.68% of the company's stock.

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