NYSE:TPL Texas Pacific Land (TPL) Stock Price, News & Analysis $936.28 +20.62 (+2.25%) (As of 09/20/2024 08:55 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends About Texas Pacific Land Stock (NYSE:TPL) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$905.30▼$941.6350-Day Range$756.05▼$935.4052-Week Range$467.62▼$941.63Volume315,600 shsAverage Volume105,130 shsMarket Capitalization$21.53 billionP/E Ratio49.78Dividend Yield0.50%Price Target$694.17Consensus RatingModerate Buy Company OverviewTexas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.Read More… Forget Trump and Kamala (Ad)I hope you're deleting all those emails telling you how to make "1,000% gains" from the magic "Kamala Trade". It's nonsense. No one knows what's going to happen in November.THIS CALENDAR is the only thing that matters for you and your financial health right now. Texas Pacific Land Stock Analysis - MarketRank™See Top Rated MarketRank™ StocksOverall MarketRank™: 38th PercentileTexas Pacific Land scored higher than 38% of companies evaluated by MarketBeat, and ranked 200th out of 252 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.3 / 5Analyst RatingModerate Buy Consensus RatingTexas Pacific Land has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageTexas Pacific Land has only been the subject of 1 research reports in the past 90 days.Read more about Texas Pacific Land's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Texas Pacific Land is 49.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Texas Pacific Land is 49.78, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.96.Price to Book Value per Share RatioTexas Pacific Land has a P/B Ratio of 20.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Texas Pacific Land's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted5.92% of the outstanding shares of Texas Pacific Land have been sold short.Short Interest Ratio / Days to CoverTexas Pacific Land has a short interest ratio ("days to cover") of 8.3.Change versus previous monthShort interest in Texas Pacific Land has recently decreased by 5.56%, indicating that investor sentiment is improving significantly. Dividend0.8 / 5Dividend StrengthWeak Dividend YieldTexas Pacific Land has a dividend yield of 0.54%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthTexas Pacific Land does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Texas Pacific Land is 24.88%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Texas Pacific Land's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted5.92% of the outstanding shares of Texas Pacific Land have been sold short.Short Interest Ratio / Days to CoverTexas Pacific Land has a short interest ratio ("days to cover") of 8.3.Change versus previous monthShort interest in Texas Pacific Land has recently decreased by 5.56%, indicating that investor sentiment is improving significantly. News and Social Media2.8 / 5News Sentiment1.07 News SentimentTexas Pacific Land has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Texas Pacific Land this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for TPL on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Texas Pacific Land to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Company Ownership4.2 / 5Insider TradingAcquiring Shares Insider Buying vs. Insider SellingIn the past three months, Texas Pacific Land insiders have bought more of their company's stock than they have sold. Specifically, they have bought $80,857.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders20.04% of the stock of Texas Pacific Land is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions59.94% of the stock of Texas Pacific Land is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Texas Pacific Land's insider trading history. TPL Stock News HeadlinesTexas Pacific Land (NYSE:TPL) Stock, Insider Trading ActivitySeptember 23 at 12:43 AM | benzinga.comTexas Pacific Land (NYSE:TPL) Stock Quotes, Forecast and News SummarySeptember 23 at 12:43 AM | benzinga.comForget Trump and KamalaI hope you're deleting all those emails telling you how to make "1,000% gains" from the magic "Kamala Trade". It's nonsense. No one knows what's going to happen in November.September 23, 2024 | Investors Alley (Ad)Texas Pacific Land (NYSE:TPL) Reaches New 12-Month High at $899.78September 20 at 4:15 PM | americanbankingnews.comDevon Energy: A Stable Player In The Volatile Oil And Gas IndustrySeptember 20 at 7:04 AM | seekingalpha.comAP Top Stories Sept. 14 PSeptember 15, 2024 | sg.news.yahoo.comTexas Pacific Land Corp. (TPL): A Bull Case TheorySeptember 14, 2024 | msn.comTexas Pacific Land: Unique Business Model With Good Prospects, But May Be OvervaluedSeptember 13, 2024 | seekingalpha.comSee More Headlines TPL Stock Analysis - Frequently Asked Questions How have TPL shares performed this year? Texas Pacific Land's stock was trading at $524.15 at the beginning of 2024. Since then, TPL shares have increased by 78.6% and is now trading at $936.28. View the best growth stocks for 2024 here. How were Texas Pacific Land's earnings last quarter? Texas Pacific Land Co. (NYSE:TPL) issued its quarterly earnings data on Wednesday, August, 7th. The financial services provider reported $4.98 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.36 by $0.38. The financial services provider had revenue of $172.33 million for the quarter, compared to analysts' expectations of $182.35 million. Texas Pacific Land had a net margin of 66.71% and a trailing twelve-month return on equity of 41.29%. When did Texas Pacific Land's stock split? Texas Pacific Land's stock split on Wednesday, March 27th 2024. The 3-1 split was announced on Wednesday, March 27th 2024. The newly created shares were payable to shareholders after the closing bell on Wednesday, March 27th 2024. An investor that had 100 shares of stock prior to the split would have 300 shares after the split. Who are Texas Pacific Land's major shareholders? Texas Pacific Land's top institutional shareholders include Bank of New York Mellon Corp (0.89%), Schwartz Investment Counsel Inc. (0.82%), Magnolia Capital Advisors LLC (0.78%) and Dimensional Fund Advisors LP (0.55%). Insiders that own company stock include Kinetics Asset Managem Horizon, Eric L Oliver, Murray Stahl, Micheal W Dobbs, Donald G Cook and Dana F Mcginnis. View institutional ownership trends. How do I buy shares of Texas Pacific Land? Shares of TPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Texas Pacific Land own? Based on aggregate information from My MarketBeat watchlists, some other companies that Texas Pacific Land investors own include NVIDIA (NVDA), Walt Disney (DIS), Adobe (ADBE), Mastercard (MA), QUALCOMM (QCOM), Visa (V) and Alibaba Group (BABA). Company Calendar Ex-Dividend for 7/15 Dividend7/01/2024Dividend Payable7/15/2024Last Earnings8/07/2024Ex-Dividend for 9/17 Dividend9/03/2024Dividend Payable9/17/2024Today9/23/2024Next Earnings (Estimated)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Oil royalty traders Sub-IndustryTrading Current SymbolNYSE:TPL CUSIPN/A CIK97517 Webwww.tpltrust.com Phone(214) 969-5530Fax214-969-5530Employees100Year FoundedN/APrice Target and Rating Average Stock Price Target$694.17 High Stock Price Target$917.00 Low Stock Price Target$471.33 Potential Upside/Downside-25.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$18.81 Trailing P/E Ratio49.78 Forward P/E Ratio46.49 P/E GrowthN/ANet Income$405.64 million Net Margins66.71% Pretax Margin85.31% Return on Equity41.29% Return on Assets37.22% Debt Debt-to-Equity RatioN/A Current Ratio31.15 Quick Ratio31.15 Sales & Book Value Annual Sales$671.10 million Price / Sales32.07 Cash Flow$20.38 per share Price / Cash Flow45.93 Book Value$45.31 per share Price / Book20.66Miscellaneous Outstanding Shares22,990,000Free Float18,383,000Market Cap$21.53 billion OptionableNot Optionable Beta1.60 Social Links This page (NYSE:TPL) was last updated on 9/23/2024 by MarketBeat.com Staff From Our PartnersThe election trade you can't losePolitics is an unpredictable game. 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