Analysts predict that Natural Resource Partners LP (NYSE:NRP) will report earnings of $0.93 per share for the current quarter, Zacks reports. Two analysts have provided estimates for Natural Resource Partners’ earnings, with the lowest EPS estimate coming in at $0.84 and the highest estimate coming in at $1.01. Natural Resource Partners reported earnings of $0.91 per share during the same quarter last year, which suggests a positive year over year growth rate of 2.2%. The firm is scheduled to report its next earnings report on Monday, March 5th.

On average, analysts expect that Natural Resource Partners will report full year earnings of $2.62 per share for the current fiscal year. For the next financial year, analysts forecast that the business will post earnings of $4.00 per share, with EPS estimates ranging from $3.52 to $4.47. Zacks’ earnings per share calculations are an average based on a survey of research firms that that provide coverage for Natural Resource Partners.

NRP has been the topic of several recent research reports. Stifel Nicolaus reaffirmed a “hold” rating on shares of Natural Resource Partners in a research report on Friday, October 13th. Zacks Investment Research raised shares of Natural Resource Partners from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 10th. ValuEngine lowered shares of Natural Resource Partners from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. Finally, BidaskClub raised shares of Natural Resource Partners from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 5th.

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A number of institutional investors and hedge funds have recently modified their holdings of the stock. Chicago Partners Investment Group LLC raised its position in Natural Resource Partners by 306.1% during the third quarter. Chicago Partners Investment Group LLC now owns 4,768 shares of the energy company’s stock valued at $118,000 after acquiring an additional 3,594 shares in the last quarter. Maple Rock Capital Partners Inc. raised its position in Natural Resource Partners by 1.1% during the third quarter. Maple Rock Capital Partners Inc. now owns 686,110 shares of the energy company’s stock valued at $16,981,000 after acquiring an additional 7,500 shares in the last quarter. JPMorgan Chase & Co. raised its position in Natural Resource Partners by 6.3% during the third quarter. JPMorgan Chase & Co. now owns 698,438 shares of the energy company’s stock valued at $17,252,000 after acquiring an additional 41,231 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Natural Resource Partners by 16.7% during the second quarter. Goldman Sachs Group Inc. now owns 518,356 shares of the energy company’s stock valued at $14,281,000 after acquiring an additional 74,138 shares in the last quarter. Finally, GSA Capital Partners LLP bought a new position in Natural Resource Partners during the second quarter valued at approximately $254,000. 20.89% of the stock is currently owned by hedge funds and other institutional investors.

Natural Resource Partners (NRP) traded down $0.05 during mid-day trading on Monday, hitting $25.45. 14,100 shares of the company traded hands, compared to its average volume of 38,747. The company has a debt-to-equity ratio of 3.12, a quick ratio of 0.85 and a current ratio of 0.89. The firm has a market capitalization of $311.30, a PE ratio of 12.62 and a beta of 0.76. Natural Resource Partners has a twelve month low of $22.81 and a twelve month high of $45.60.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 14th. Investors of record on Tuesday, November 7th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 7.07%. The ex-dividend date was Monday, November 6th. Natural Resource Partners’s payout ratio is presently 64.98%.

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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