Natural Resource Partners (NRP) Getting Somewhat Positive Media Coverage, Analysis Shows
News coverage about Natural Resource Partners (NYSE:NRP) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Natural Resource Partners earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave news stories about the energy company an impact score of 47.0678473985537 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Seaport Global Securities Weighs in on Natural Resource Partners LP’s Q3 2017 Earnings (NRP) (americanbankingnews.com)
- Natural Resource Partners LP (NYSE:NRP) Downgraded by BidaskClub to Strong Sell (elcumanes.com)
- Natural Resource Partners LP (NYSE:NRP) Downgraded by Zacks Investment Research to Strong Sell (americanbankingnews.com)
- Q4 2017 Earnings Estimate for Natural Resource Partners LP Issued By Seaport Global Securities (NYSE:NRP) (americanbankingnews.com)
- Stock Update: Reviewing Technical Levels For Natural Resource Partners LP (NRP) – Danville Daily (danvilledaily.com)
Natural Resource Partners (NRP) traded down 1.10% during mid-day trading on Friday, reaching $26.95. The company’s stock had a trading volume of 24,093 shares. Natural Resource Partners has a 1-year low of $16.59 and a 1-year high of $45.60. The firm has a 50-day moving average of $27.72 and a 200 day moving average of $32.97. The firm has a market capitalization of $329.65 million, a price-to-earnings ratio of 4.59 and a beta of 0.65.
Natural Resource Partners (NYSE:NRP) last posted its quarterly earnings results on Wednesday, May 10th. The energy company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $1.67 by $1.64. The business had revenue of $88.70 million for the quarter, compared to analyst estimates of $89.49 million. Natural Resource Partners had a net margin of 25.25% and a return on equity of 56.92%. Equities analysts expect that Natural Resource Partners will post $6.81 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, August 14th. Investors of record on Monday, August 7th will be given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 6.68%. This is a positive change from Natural Resource Partners’s previous quarterly dividend of $0.35. The ex-dividend date is Thursday, August 3rd. Natural Resource Partners’s payout ratio is presently 54.22%.
NRP has been the subject of several recent analyst reports. ValuEngine cut Natural Resource Partners from a “strong-buy” rating to a “buy” rating in a report on Friday, July 7th. Stifel Nicolaus set a $31.00 price target on Natural Resource Partners and gave the company a “hold” rating in a report on Wednesday. Zacks Investment Research upgraded Natural Resource Partners from a “sell” rating to a “hold” rating in a report on Thursday, July 13th. Finally, BidaskClub upgraded Natural Resource Partners from a “strong sell” rating to a “sell” rating in a report on Sunday, July 16th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $30.75.
About Natural Resource Partners
Natural Resource Partners L.P. owns, operates, manages and leases a portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, construction aggregates and other natural resources. Coal Royalty and Other segment consists primarily of coal royalty and coal related transportation and processing assets.
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