Natural Resource Partners (NYSE:NRP) released its quarterly earnings data on Friday. The energy company reported $1.30 EPS for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.10), MarketWatch Earnings reports. Natural Resource Partners had a return on equity of 32.05% and a net margin of 30.69%. The firm had revenue of $95.02 million during the quarter, compared to analyst estimates of $97.10 million.
Natural Resource Partners stock traded up $0.40 during trading hours on Friday, reaching $33.65. 37,049 shares of the company were exchanged, compared to its average volume of 56,528. The stock has a market capitalization of $416.61 million, a P/E ratio of 7.14 and a beta of 0.22. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 1.85. Natural Resource Partners has a 12 month low of $24.06 and a 12 month high of $37.70.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 14th. Shareholders of record on Wednesday, November 7th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Tuesday, November 6th. This represents a $1.80 dividend on an annualized basis and a yield of 5.35%. Natural Resource Partners’s payout ratio is currently 38.22%.
A number of brokerages have issued reports on NRP. TheStreet raised Natural Resource Partners from a “c” rating to a “b-” rating in a research report on Thursday, August 9th. Zacks Investment Research cut Natural Resource Partners from a “buy” rating to a “hold” rating in a research report on Monday, October 15th.
Natural Resource Partners Company Profile
Natural Resource Partners L.P., through its subsidiaries, owns, operates, manages, and leases mineral properties in the United States. The company operates through three segments: Coal Royalty and Other; Soda Ash; and Construction Aggregates. It owns interests in coal, trona and soda ash, construction aggregates, and other natural resources.
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