NYSE:TPL Texas Pacific Land (TPL) Stock Price, News & Analysis → [BUY ALERT] Our #1 A.I. Stock for March (From Behind the Markets) (Ad) Free TPL Stock Alerts $576.33 +16.60 (+2.97%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$559.98▼$581.7850-Day Range$471.05▼$576.3352-Week Range$422.07▼$666.67Volume71,543 shsAverage Volume71,274 shsMarket Capitalization$4.42 billionP/E Ratio10.92Dividend Yield2.43%Price Target$471.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Texas Pacific Land alerts: Email Address Texas Pacific Land MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside18.2% Downside$471.33 Price TargetShort InterestBearish10.99% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.56Based on 11 Articles This WeekInsider TradingAcquiring Shares$348,313 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.65 out of 5 starsOils/Energy Sector223rd out of 239 stocksOil Royalty Traders Industry4th out of 4 stocks 1.0 Analyst's Opinion Consensus RatingTexas Pacific Land has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $471.33, Texas Pacific Land has a forecasted downside of 18.2% from its current price of $576.33.Amount of Analyst CoverageTexas Pacific Land has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted10.99% of the float of Texas Pacific Land has been sold short.Short Interest Ratio / Days to CoverTexas Pacific Land has a short interest ratio ("days to cover") of 36.3, which indicates bearish sentiment.Change versus previous monthShort interest in Texas Pacific Land has recently increased by 216.02%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldTexas Pacific Land has a dividend yield of 0.81%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthTexas Pacific Land has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Texas Pacific Land is 26.54%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TPL. Previous Next 2.5 News and Social Media Coverage News SentimentTexas Pacific Land has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Texas Pacific Land this week, compared to 3 articles on an average week.Search Interest8 people have searched for TPL on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Texas Pacific Land to their MarketBeat watchlist in the last 30 days. This is a decrease of -56% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Texas Pacific Land insiders have bought more of their company's stock than they have sold. Specifically, they have bought $348,313.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders20.04% of the stock of Texas Pacific Land is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions59.94% of the stock of Texas Pacific Land is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Texas Pacific Land is 10.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Texas Pacific Land is 10.92, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 21.45.Price to Book Value per Share RatioTexas Pacific Land has a P/B Ratio of 4.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the Markets[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.Get the name of the stock here - before it takes off >>> About Texas Pacific Land Stock (NYSE:TPL)Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.Read More TPL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TPL Stock News HeadlinesMarch 20, 2024 | insidertrades.comTexas Pacific Land Co. (NYSE:TPL) Director Murray Stahl Acquires 9 SharesMarch 14, 2024 | insidertrades.comEric L. Oliver Purchases 100 Shares of Texas Pacific Land Co. (NYSE:TPL) StockMarch 28, 2024 | Behind the Markets (Ad)[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.March 28, 2024 | americanbankingnews.comTexas Pacific Land (NYSE:TPL) Upgraded by StockNews.com to BuyMarch 28, 2024 | markets.businessinsider.comTexas Pacific Land (TPL) Receives a Hold from Stifel NicolausMarch 27, 2024 | americanbankingnews.comTexas Pacific Land (NYSE:TPL) Share Price Crosses Above 200 Day Moving Average of $1,646.64March 26, 2024 | seekingalpha.comThat One Chart I Cannot Stop Thinking AboutMarch 21, 2024 | finance.yahoo.comTexas Pacific Land's (NYSE:TPL) five-year earnings growth trails the 19% YoY shareholder returnsMarch 28, 2024 | Behind the Markets (Ad)[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.March 8, 2024 | msn.comTexas Pacific Land approves three-for-one stock splitMarch 7, 2024 | businesswire.comTexas Pacific Land Corporation Announces Three-for-One Stock SplitFebruary 27, 2024 | markets.businessinsider.comTexas Pacific Receives Favorable Ruling In Stockholders' Agreement LawsuitFebruary 27, 2024 | finance.yahoo.comDelaware Supreme Court Affirms Ruling in Favor of Texas Pacific Land Corporation on Litigation Related to Stockholders’ AgreementFebruary 27, 2024 | businesswire.comDelaware Supreme Court Affirms Ruling in Favor of Texas Pacific Land Corporation on Litigation Related to Stockholders' AgreementFebruary 26, 2024 | finance.yahoo.comShould You Hold Texas Pacific Land Corporation (TPL)?February 25, 2024 | finance.yahoo.comTexas Pacific Land (NYSE:TPL) Has Announced That It Will Be Increasing Its Dividend To $3.50February 23, 2024 | seekingalpha.comLandlord To The Permian Boom: Why I Just Went Big Into Texas Pacific Land StockFebruary 23, 2024 | finance.yahoo.comTexas Pacific Land Corporation (NYSE:TPL) Q4 2023 Earnings Call TranscriptFebruary 23, 2024 | finance.yahoo.comTexas Pacific Land Full Year 2023 Earnings: Beats ExpectationsFebruary 21, 2024 | msn.comTexas Pacific Land GAAP EPS of $14.73 beats by $2.27, revenue of $166.7M beats by $14.5MFebruary 21, 2024 | finance.yahoo.comTexas Pacific Land Corporation Announces Fourth Quarter and Full Year 2023 ResultsFebruary 21, 2024 | finance.yahoo.comTexas Pacific Land Corp Reports Record Quarterly Royalty Production and Robust Financial ...February 21, 2024 | businesswire.comTexas Pacific Land Corporation Announces Fourth Quarter and Full Year 2023 ResultsFebruary 16, 2024 | finance.yahoo.comTexas Pacific Land Corporation (TPL)February 8, 2024 | finance.yahoo.comMurray Stahl's Horizon Kinetics Reduces Stake in Texas Pacific Land CorpFebruary 6, 2024 | finance.yahoo.comMurray Stahl's Firm Reduces Stake in Texas Pacific Land CorpJanuary 25, 2024 | finance.yahoo.comTexas Pacific Land Corporation Sets Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference CallSee More Headlines Receive TPL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Texas Pacific Land and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Ex-Dividend for 3/15 Dividend2/29/2024Dividend Payable3/15/2024Today3/27/2024Next Earnings (Estimated)5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Oil royalty traders Sub-IndustryN/A Current SymbolNYSE:TPL CUSIPN/A CIK97517 Webwww.tpltrust.com Phone(214) 969-5530Fax214-969-5530Employees100Year FoundedN/APrice Target and Rating Average Stock Price Target$471.33 High Stock Price Target$471.33 Low Stock Price Target$471.33 Potential Upside/Downside+145.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$52.76 Trailing P/E Ratio10.92 Forward P/E Ratio10.30 P/E GrowthN/ANet Income$405.64 million Net Margins64.22% Pretax Margin81.94% Return on Equity43.57% Return on Assets38.70% Debt Debt-to-Equity RatioN/A Current Ratio37.50 Quick Ratio37.50 Sales & Book Value Annual Sales$631.59 million Price / Sales7.00 Cash Flow$18.31 per share Price / Cash Flow31.48 Book Value$135.92 per share Price / Book4.24Miscellaneous Outstanding Shares7,670,000Free Float6,131,000Market Cap$4.42 billion OptionableNot Optionable Beta1.60 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Tyler Glover (Age 39)President, CEO & Trustee Comp: $2.3MMr. Chris Steddum (Age 43)Chief Financial Officer Comp: $1.2MMr. Micheal W. Dobbs (Age 50)Senior VP, Secretary & General Counsel Comp: $915.76kMs. Stephanie D. Buffington (Age 57)Chief Accounting Officer Shawn AminiVice President of Finance & Investor RelationsMr. Robert A. Crain (Age 44)Executive Vice President of Texas Pacific Water Resources LLC More ExecutivesKey CompetitorsWestern Midstream PartnersNYSE:WESPermian ResourcesNASDAQ:PROvintivNYSE:OVVPlains All American PipelineNYSE:PAAHF SinclairNYSE:DINOView All CompetitorsInsiders & InstitutionsMurray StahlBought 9 shares on 3/25/2024Total: $5,173.68 ($574.85/share)Quadrature Capital LtdBought 2,347 shares on 3/25/2024Ownership: 0.031%PNC Financial Services Group Inc.Sold 12 shares on 3/22/2024Ownership: 0.200%Murray StahlBought 9 shares on 3/22/2024Total: $5,057.61 ($561.96/share)Healthcare of Ontario Pension Plan Trust FundBought 6,400 shares on 3/21/2024Ownership: 0.083%View All Insider TransactionsView All Institutional Transactions TPL Stock Analysis - Frequently Asked Questions Should I buy or sell Texas Pacific Land stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Texas Pacific Land in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TPL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TPL, but not buy additional shares or sell existing shares. View TPL analyst ratings or view top-rated stocks. What is Texas Pacific Land's stock price target for 2024? 1 equities research analysts have issued 1-year price objectives for Texas Pacific Land's shares. Their TPL share price targets range from $471.33 to $471.33. On average, they anticipate the company's stock price to reach $471.33 in the next twelve months. This suggests that the stock has a possible downside of 18.2%. View analysts price targets for TPL or view top-rated stocks among Wall Street analysts. How have TPL shares performed in 2024? Texas Pacific Land's stock was trading at $524.15 at the start of the year. Since then, TPL shares have increased by 10.0% and is now trading at $576.33. View the best growth stocks for 2024 here. Are investors shorting Texas Pacific Land? Texas Pacific Land saw a increase in short interest in March. As of March 15th, there was short interest totaling 842,200 shares, an increase of 216.0% from the February 29th total of 266,500 shares. Based on an average daily volume of 23,200 shares, the days-to-cover ratio is presently 36.3 days. Currently, 11.0% of the shares of the company are sold short. View Texas Pacific Land's Short Interest. When is Texas Pacific Land's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our TPL earnings forecast. How were Texas Pacific Land's earnings last quarter? Texas Pacific Land Co. (NYSE:TPL) issued its quarterly earnings results on Wednesday, February, 21st. The financial services provider reported $4.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.15 by $0.76. The financial services provider had revenue of $166.66 million for the quarter, compared to analysts' expectations of $152.20 million. Texas Pacific Land had a net margin of 64.22% and a trailing twelve-month return on equity of 43.57%. How often does Texas Pacific Land pay dividends? What is the dividend yield for Texas Pacific Land? Texas Pacific Land declared a quarterly dividend on Tuesday, February 13th. Stockholders of record on Friday, March 1st will be given a dividend of $1.1667 per share on Friday, March 15th. This represents a $4.67 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date is Thursday, February 29th. Read our dividend analysis for TPL. Is Texas Pacific Land a good dividend stock? Texas Pacific Land (NYSE:TPL) pays an annual dividend of $14.00 per share and currently has a dividend yield of 0.81%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.54%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for TPL. What ETFs hold Texas Pacific Land's stock? ETFs with the largest weight of Texas Pacific Land (NYSE:TPL) stock in their portfolio include Horizon Kinetics Inflation Beneficiaries ETF (INFL), Formidable Fortress ETF (KONG), Invesco Dorsey Wright Energy Momentum ETF (PXI), Horizon Kinetics Energy and Remediation ETF (NVIR), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Amplify Inflation Fighter ETF (IWIN), Global X Guru Index ETF (GURU) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO). When did Texas Pacific Land's stock split? Texas Pacific Land shares split on the morning of Wednesday, March 27th 2024. The 3-1 split was announced on Wednesday, March 27th 2024. The newly issued shares were issued to shareholders after the closing bell on Wednesday, March 27th 2024. An investor that had 100 shares of stock prior to the split would have 300 shares after the split. What other stocks do shareholders of Texas Pacific Land own? Based on aggregate information from My MarketBeat watchlists, some companies that other Texas Pacific Land investors own include NVIDIA (NVDA), Walt Disney (DIS), Adobe (ADBE), Mastercard (MA), QUALCOMM (QCOM), Visa (V), Alibaba Group (BABA), Costco Wholesale (COST), Salesforce (CRM) and Johnson & Johnson (JNJ). Who are Texas Pacific Land's major shareholders? Texas Pacific Land's stock is owned by a number of retail and institutional investors. Top institutional investors include Horizon Kinetics Asset Management LLC (17.44%), Vanguard Group Inc. (8.27%), Vanguard Group Inc. (8.27%), Schwartz Investment Counsel Inc. (0.87%), Legal & General Group Plc (0.62%) and Northern Trust Corp (0.62%). Insiders that own company stock include Dana F Mcginnis, Donald G Cook, Eric L Oliver, Kinetics Asset Managem Horizon, Micheal W Dobbs, Murray Stahl and Tyler Glover. View institutional ownership trends. How do I buy shares of Texas Pacific Land? Shares of TPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:TPL) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Texas Pacific Land Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.