Positive Media Coverage Extremely Likely to Affect Alliance Resource Partners, L.P. (ARLP) Stock Price

Headlines about Alliance Resource Partners, L.P. (NASDAQ:ARLP) have trended positive on Saturday, AlphaOne Sentiment Analysis reports. AlphaOne, a service of Accern, identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Alliance Resource Partners, L.P. earned a media sentiment score of 0.45 on AlphaOne’s scale. AlphaOne also assigned media stories about the energy company an impact score of 91 out of 100, indicating that recent press coverage is extremely likely to have an effect on the stock’s share price in the next several days.

These are some of the media stories that may have impacted AlphaOne’s scoring:

Alliance Resource Partners, L.P. (NASDAQ:ARLP) opened at 22.30 on Friday. Alliance Resource Partners, L.P. has a 52 week low of $13.95 and a 52 week high of $26.65. The firm has a 50 day moving average price of $22.29 and a 200 day moving average price of $22.92. The stock has a market capitalization of $1.66 billion, a P/E ratio of 5.40 and a beta of 0.56.

Alliance Resource Partners, L.P. (NASDAQ:ARLP) last announced its quarterly earnings results on Monday, May 1st. The energy company reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.29. The firm had revenue of $461.08 million during the quarter, compared to analysts’ expectations of $455.55 million. Alliance Resource Partners, L.P. had a net margin of 17.57% and a return on equity of 34.39%. The company’s revenue for the quarter was up 11.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.36 earnings per share. Equities research analysts predict that Alliance Resource Partners, L.P. will post $3.29 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, May 15th. Shareholders of record on Monday, May 8th were paid a dividend of $0.4375 per share. This represents a $1.75 dividend on an annualized basis and a yield of 7.85%. The ex-dividend date was Thursday, May 4th. Alliance Resource Partners, L.P.’s dividend payout ratio is 51.32%.

Several equities research analysts have recently weighed in on the company. Hilliard Lyons raised Alliance Resource Partners, L.P. from a “neutral” rating to a “buy” rating and set a $28.00 target price on the stock in a research report on Wednesday, February 1st. FBR & Co raised their target price on Alliance Resource Partners, L.P. from $28.00 to $29.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 31st. Zacks Investment Research raised Alliance Resource Partners, L.P. from a “hold” rating to a “strong-buy” rating and set a $25.00 price target on the stock in a research report on Tuesday, January 24th. Finally, Vetr raised Alliance Resource Partners, L.P. from a “buy” rating to a “strong-buy” rating and set a $25.59 price target on the stock in a research report on Thursday, March 2nd. Two investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Alliance Resource Partners, L.P. has a consensus rating of “Buy” and a consensus price target of $26.93.

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About Alliance Resource Partners, L.P.

Alliance Resource Partners, L.P. is a producer and marketer of coal primarily to the United States utilities and industrial users. The Company operates through segments, including Illinois Basin, Appalachia, and Other and Corporate. The Illinois Basin segment consists of various operating segments, including Webster County Coal, LLC’s Dotiki mining complex, Gibson County Coal, LLC’s mining complex, which includes the Gibson North mine and Gibson South mine, Hopkins County Coal, LLC’s mining complex, which includes the Elk Creek mine, the Pleasant View surface mineable reserves and the Fies property, White County Coal, LLC’s, Pattiki mining complex, Warrior Coal, LLC’s mining complex, Sebree Mining, LLC’s mining complex, which includes the Onton mine and River View Coal, LLC mining complex.

12 Month Chart for NASDAQ:ARLP

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