Somewhat Favorable News Coverage Somewhat Unlikely to Impact Natural Resource Partners (NRP) Stock Price
News headlines about Natural Resource Partners (NYSE:NRP) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Natural Resource Partners earned a daily sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the energy company an impact score of 46.4388388654771 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Natural Resource Partners (NRP) traded down 1.18% during mid-day trading on Thursday, hitting $25.05. 26,494 shares of the stock traded hands. The company’s 50 day moving average price is $26.64 and its 200-day moving average price is $31.75. Natural Resource Partners has a 1-year low of $17.06 and a 1-year high of $45.60. The stock has a market cap of $306.41 million, a price-to-earnings ratio of 7.05 and a beta of 0.65.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 14th. Investors of record on Monday, August 7th were issued a $0.45 dividend. This is an increase from Natural Resource Partners’s previous quarterly dividend of $0.35. The ex-dividend date was Thursday, August 3rd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.19%. Natural Resource Partners’s dividend payout ratio (DPR) is presently 54.22%.
Several research firms have recently issued reports on NRP. Zacks Investment Research raised shares of Natural Resource Partners from a “sell” rating to a “hold” rating in a research report on Thursday, July 13th. BidaskClub lowered shares of Natural Resource Partners from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Stifel Nicolaus set a $31.00 price target on shares of Natural Resource Partners and gave the company a “hold” rating in a research report on Wednesday, August 9th. Finally, ValuEngine raised shares of Natural Resource Partners from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 10th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $30.75.
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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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