Investing In Alliance Resource Partners, LP (NASDAQ: ARLP): Why Should You?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

The company is listed on the NASDAQ and operates within the Thermal Coal industry segment. The current market capitalization of Alliance Resource Partners, LP is $2.99B. A total of 0.92 million shares were traded on the day, compared to an average of 389.39K shares.

In the most recent transaction, Mowry Kathleen sold 34,492 shares of ARLP for 20.05 per share on Dec 06 ’23. After the transaction, the 10% Owner now owns 16,167,865 company shares. In a previous transaction on Dec 05 ’23, Mowry Kathleen sold 33,087 shares at 20.62 per share. ARLP shares that 10% Owner owns now total 16,202,357.

Among the insiders who sold shares, Mowry Kathleen disposed of 19,826 shares on Dec 04 ’23 at a per-share price of $21.06. This resulted in the 10% Owner holding 16,235,444 shares of ARLP after the transaction. In another insider transaction, Mowry Kathleen sold 54,337 shares at $21.27 per share on Dec 01 ’23. Company shares held by the 10% Owner now total 16,255,270.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Alliance Resource Partners, LP pays an annual dividend of $2.80, resulting in a dividend yield of 12.01%, and it has a price to earnings (P/E) ratio of 5.75. ARLP’s most recent ex-dividend date was 8/7/2024 when it declared a $0.70 quarterly dividend that was paid in cash on 8/14/2024. Previously, the company paid the dividend on 5/15/2024 with an ex-dividend date of 5/7/2024. The ARLP stock dividend was $0.70 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, ARLP has a high of $26.21 and a low of $18.32.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ARLP’s latest balance sheet shows that the firm has $122.40M in Cash & Short Term Investments as of fiscal 2021. There were $447.38M in debt and $177.58M in liabilities at the time. Its Book Value Per Share was $14.92, while its Total Shareholder’s Equity was $1.23B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ARLP is Buy with a score of 5.00.

Most Popular

Related Posts