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

Alliance Resource Partners (NASDAQ:ARLP - Get Free Report) will likely be posting its Q4 2024 quarterly earnings results before the market opens on Monday, February 3rd. Analysts expect Alliance Resource Partners to post earnings of $0.60 per share and revenue of $635.60 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.

Alliance Resource Partners (NASDAQ:ARLP - Get Free Report) last released its earnings results on Monday, February 3rd. The energy company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.60 by ($0.38). Alliance Resource Partners had a net margin of 18.52% and a return on equity of 23.74%. On average, analysts expect Alliance Resource Partners to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Alliance Resource Partners Stock Performance

Shares of NASDAQ ARLP traded up $0.38 during trading on Tuesday, reaching $27.98. 471,795 shares of the stock traded hands, compared to its average volume of 457,840. The company has a 50-day moving average of $26.98 and a 200-day moving average of $25.61. Alliance Resource Partners has a 52-week low of $18.32 and a 52-week high of $30.56. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.36 and a quick ratio of 1.69. The stock has a market capitalization of $3.58 billion, a P/E ratio of 7.95 and a beta of 1.16.

Alliance Resource Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 7th will be given a $0.70 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 10.01%. Alliance Resource Partners's dividend payout ratio (DPR) is currently 79.55%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ARLP. Benchmark reaffirmed a "buy" rating and set a $29.00 price objective (up from $27.00) on shares of Alliance Resource Partners in a report on Tuesday. Singular Research lowered shares of Alliance Resource Partners from a "strong-buy" rating to a "moderate buy" rating in a report on Monday, December 2nd. Finally, StockNews.com lowered Alliance Resource Partners from a "strong-buy" rating to a "buy" rating in a research report on Friday, November 15th.

Insider Buying and Selling

In other Alliance Resource Partners news, SVP Timothy J. Whelan sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $28.00, for a total transaction of $280,000.00. Following the sale, the senior vice president now owns 157,946 shares in the company, valued at approximately $4,422,488. This trade represents a 5.95 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 16.80% of the stock is owned by corporate insiders.

About Alliance Resource Partners

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.