Alliance Resource Partners (ARLP) Projected to Post Earnings on Monday

Alliance Resource Partners (NASDAQ:ARLP) is expected to be releasing its earnings data before the market opens on Monday, April 28th. Analysts expect Alliance Resource Partners to post earnings of $0.63 per share and revenue of $556.31 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Alliance Resource Partners (NASDAQ:ARLP) last announced its quarterly earnings data on Monday, February 3rd. The energy company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.38). Alliance Resource Partners had a net margin of 14.74% and a return on equity of 19.09%. On average, analysts expect Alliance Resource Partners to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Alliance Resource Partners Stock Up 1.3 %

Shares of ARLP stock opened at $27.14 on Monday. Alliance Resource Partners has a 52-week low of $21.00 and a 52-week high of $30.56. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.69 and a current ratio of 2.36. The stock has a market cap of $3.48 billion, a price-to-earnings ratio of 9.83 and a beta of 0.62. The firm’s 50-day moving average is $26.14 and its 200-day moving average is $26.47.

Alliance Resource Partners Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were paid a dividend of $0.70 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $2.80 annualized dividend and a dividend yield of 10.32%. Alliance Resource Partners’s dividend payout ratio is currently 101.45%.

Insider Buying and Selling at Alliance Resource Partners

In related news, SVP Timothy J. Whelan sold 50,000 shares of the firm’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $25.13, for a total transaction of $1,256,500.00. Following the transaction, the senior vice president now directly owns 93,850 shares of the company’s stock, valued at approximately $2,358,450.50. This trade represents a 34.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 16.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. StockNews.com raised shares of Alliance Resource Partners from a “hold” rating to a “buy” rating in a research report on Friday. Benchmark reiterated a “buy” rating and issued a $29.00 price target (up previously from $27.00) on shares of Alliance Resource Partners in a research note on Tuesday, February 4th.

Alliance Resource Partners Company Profile

Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties.