Noble Financial Has Negative Forecast for ARLP Q4 Earnings

Alliance Resource Partners, L.P. (NASDAQ:ARLP – Free Report) – Investment analysts at Noble Financial lowered their Q4 2026 earnings per share estimates for Alliance Resource Partners in a note issued to investors on Tuesday, October 27th. Noble Financial analyst M. Reichman now anticipates that the energy company will post earnings per share of $0.79 for the quarter, down from their prior forecast of $0.87. The consensus estimate for Alliance Resource Partners’ current full-year earnings is $3.00 per share. Noble Financial also issued estimates for Alliance Resource Partners’ FY2027 earnings at $2.90 EPS.

A number of other research analysts have also weighed in on the stock. Weiss Ratings lowered shares of Alliance Resource Partners from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, October 21st. Wall Street Zen raised shares of Alliance Resource Partners from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Finally, Zacks Research downgraded shares of Alliance Resource Partners from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

View Our Latest Report on ARLP

Alliance Resource Partners Price Performance

NASDAQ ARLP opened at $26.68 on Wednesday. The business has a 50 day simple moving average of $25.72 and a 200 day simple moving average of $25.58. Alliance Resource Partners has a 52-week low of $23.01 and a 52-week high of $29.45.

Alliance Resource Partners (NASDAQ:ARLP – Get Free Report) last released its quarterly earnings data on Monday, July 27th. The energy company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.01). The firm had revenue of $551.56 million during the quarter, compared to analyst estimates of $554.30 million.

Alliance Resource Partners Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, November 6th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend is Friday, November 6th.

Insider Buying and Selling at Alliance Resource Partners

In other news, Director Ronna McDaniel bought 3,000 shares of the stock in a transaction that occurred on Friday, July 31st. The shares were acquired at an average cost of $26.11 per share, for a total transaction of $78,330.00. Following the completion of the acquisition, the director owned 3,000 shares in the company, valued at approximately $78,330. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 16.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ARLP. Dayah Capital LLC bought a new position in shares of Alliance Resource Partners during the 1st quarter worth approximately $1,825,000. Pinnacle Holdings LLC bought a new stake in Alliance Resource Partners in the 2nd quarter valued at $3,074,000. Bank of America Corp DE raised its stake in Alliance Resource Partners by 74.2% in the 1st quarter. Bank of America Corp DE now owns 269,655 shares of the energy company’s stock valued at $7,456,000 after acquiring an additional 114,880 shares during the period. Mizuho Markets Americas LLC acquired a new stake in Alliance Resource Partners during the 1st quarter valued at $6,830,000. Finally, SteelPeak Wealth LLC acquired a new stake in Alliance Resource Partners during the 1st quarter valued at $1,397,000. Institutional investors own 18.11% of the company’s stock.

About Alliance Resource Partners

(Get Free Report)

Alliance Resource Partners, L.P. (NASDAQ: ARLP) is a diversified natural resource company headquartered in Tulsa, Oklahoma. The company’s primary business is the production and marketing of coal, which it supplies to electric utilities and industrial customers in the United States.

Alliance Resource Partners operates coal mines in the Illinois Basin and Appalachia, producing primarily thermal coal used for electricity generation. Its operations include underground and surface mining, coal processing, transportation and marketing activities.

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Earnings History and Estimates for Alliance Resource Partners (NASDAQ:ARLP)

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