NYSE:TPL Texas Pacific Land (TPL) Stock Price, News & Analysis → Forget Nvidia, buy this A.I. Stock Now (From InvestorPlace) (Ad) Free TPL Stock Alerts $584.96 -1.97 (-0.34%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$579.30▼$597.3250-Day Range$471.05▼$606.5752-Week Range$422.07▼$666.67Volume66,431 shsAverage Volume72,895 shsMarket Capitalization$13.45 billionP/E Ratio33.26Dividend Yield0.80%Price Target$694.17 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 RatingModerate Buy2.50 Rating ScoreUpside/Downside18.7% Upside$694.17 Price TargetShort InterestHealthy3.07% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.48Based on 7 Articles This WeekInsider TradingAcquiring Shares$320,894 Bought Last QuarterProj. Earnings Growth14.38%From $20.72 to $23.70 Per ShareSee 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.3.52 out of 5 starsOils/Energy Sector86th out of 229 stocksOil Royalty Traders Industry1st out of 2 stocks 2.3 Analyst's Opinion Consensus RatingTexas Pacific Land has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageTexas Pacific Land has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.07% of the outstanding shares of Texas Pacific Land have been sold short.Short Interest Ratio / Days to CoverTexas Pacific Land has a short interest ratio ("days to cover") of 9.8.Change versus previous monthShort interest in Texas Pacific Land has recently decreased by 16.09%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldTexas Pacific Land has a dividend yield of 0.80%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthTexas Pacific Land does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Texas Pacific Land is 26.55%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Texas Pacific Land will have a dividend payout ratio of 19.70% next year. This indicates that Texas Pacific Land will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TPL. Previous Next 3.0 News and Social Media Coverage News SentimentTexas Pacific Land has a news sentiment score of 0.48. 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 7 news articles for Texas Pacific Land this week, compared to 3 articles on an average week.Search Interest9 people have searched for TPL on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.MarketBeat Follows12 people have added Texas Pacific Land to their MarketBeat watchlist in the last 30 days. This is an increase of 140% 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 $320,894.00 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Texas Pacific Land are expected to grow by 14.38% in the coming year, from $20.72 to $23.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Texas Pacific Land is 33.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.94.Price to Earnings Ratio vs. SectorThe P/E ratio of Texas Pacific Land is 33.26, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.08.Price to Book Value per Share RatioTexas Pacific Land has a P/B Ratio of 12.91. 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 InvestorPlaceForget Nvidia, buy this A.I. Stock NowForget Nvidia, Microsoft or Google. Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock. Why? Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.Click here to see the details. 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 SharesApril 17, 2024 | seekingalpha.comMideast Mayhem: What You Need To Know About The Impact On OilApril 17, 2024 | InvestorPlace (Ad)Forget Nvidia, buy this A.I. Stock NowForget Nvidia, Microsoft or Google. Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock. Why? Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.April 14, 2024 | americanbankingnews.comTexas Pacific Land (NYSE:TPL) Trading Up 4.2%April 11, 2024 | finance.yahoo.comEstimating The Intrinsic Value Of Texas Pacific Land Corporation (NYSE:TPL)April 10, 2024 | seekingalpha.comTexas Pacific Land: Striking Black Gold In The PermianApril 7, 2024 | msn.comEclipse lessons: What Texas can learn from 2017 total eclipseMarch 28, 2024 | markets.businessinsider.comTexas Pacific Land (TPL) Receives a Hold from Stifel NicolausApril 17, 2024 | InvestorPlace (Ad)Forget Nvidia, buy this A.I. Stock NowForget Nvidia, Microsoft or Google. Our tech expert and venture capitalist Luke Lango believes this is Elon Musk’s favorite A.I. stock. Why? Because this company is supplying Elon Musk with a key piece of advanced tech for his new A.I. venture.March 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 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 CorpSee 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 Payable3/15/2024Today4/17/2024Next 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$694.17 High Stock Price Target$917.00 Low Stock Price Target$471.33 Potential Upside/Downside+18.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$17.5867 Trailing P/E Ratio33.37 Forward P/E Ratio28.33 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 / Sales21.37 Cash Flow$18.35 per share Price / Cash Flow31.98 Book Value$45.31 per share Price / Book12.95Miscellaneous Outstanding Shares23,000,000Free Float18,395,000Market Cap$13.50 billion OptionableNot Optionable Beta1.60 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.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 CompetitorsPermian ResourcesNASDAQ:PROvintivNYSE:OVVPlains All American PipelineNYSE:PAAEnphase EnergyNASDAQ:ENPHChesapeake EnergyNASDAQ:CHKView All CompetitorsInsiders & InstitutionsGrimes & Company Inc.Bought 2,739 shares on 4/17/2024Ownership: 0.018%Ridgecrest Wealth Partners LLCBought 1,394 shares on 4/17/2024Ownership: 0.010%Cannon Global Investment Management LLCBought 800 shares on 4/17/2024Ownership: 0.003%Viking Fund Management LLCBought 6,600 shares on 4/16/2024Ownership: 0.039%Financial Management Professionals Inc.Bought 350 shares on 4/16/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions TPL Stock Analysis - Frequently Asked Questions Should I buy or sell Texas Pacific Land stock right now? 2 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 and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TPL shares. View TPL analyst ratings or view top-rated stocks. What is Texas Pacific Land's stock price target for 2024? 2 Wall Street research analysts have issued 12 month price objectives for Texas Pacific Land's shares. Their TPL share price targets range from $471.33 to $917.00. On average, they anticipate the company's stock price to reach $694.17 in the next year. This suggests a possible upside of 18.7% from the stock's current price. 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 stock has increased by 11.6% and is now trading at $584.96. 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 trading volume, of 23,200 shares, the short-interest ratio is presently 36.3 days. Approximately 11.0% of the shares of the stock 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) announced its quarterly earnings results on Wednesday, February, 21st. The financial services provider reported $4.91 earnings per share for the quarter, topping analysts' consensus estimates of $4.15 by $0.76. The financial services provider had revenue of $166.66 million for the quarter, compared to the consensus estimate of $152.20 million. Texas Pacific Land had a trailing twelve-month return on equity of 43.57% and a net margin of 64.22%. How often does Texas Pacific Land pay dividends? What is the dividend yield for Texas Pacific Land? Texas Pacific Land announced a quarterly dividend on Tuesday, February 13th. Investors 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 dividend yield of 0.80%. 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 $4.67 per share and currently has a dividend yield of 0.80%. The dividend payout ratio is 26.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TPL will have a dividend payout ratio of 19.70% next year. This indicates that the company will be able to sustain or increase its dividend. 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), Horizon Kinetics Energy and Remediation ETF (NVIR), Invesco Dorsey Wright Energy Momentum ETF (PXI), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Global X Guru Index ETF (GURU), Amplify Inflation Fighter ETF (IWIN) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO). When did Texas Pacific Land's stock split? Texas Pacific Land shares split before market open on Wednesday, March 27th 2024. The 3-1 split was announced on Wednesday, March 27th 2024. The newly created shares were distributed to shareholders after the market closes 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 many different institutional and retail investors. Top institutional shareholders include Hodges Capital Management Inc. (0.34%), First Dallas Securities Inc. (0.13%), Westwind Capital (0.07%), Los Angeles Capital Management LLC (0.05%), Wealth Enhancement Advisory Services LLC (0.04%) and Viking Fund Management LLC (0.04%). 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. 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