Q1 EPS Estimates for Texas Pacific Land Raised by KeyCorp

Texas Pacific Land Corporation (NYSE:TPL) – Equities researchers at KeyCorp boosted their Q1 2026 earnings per share (EPS) estimates for shares of Texas Pacific Land in a report released on Wednesday, April 1st. KeyCorp analyst T. Rezvan now anticipates that the financial services provider will post earnings of $2.03 per share for the quarter, up from their previous forecast of $1.88. KeyCorp currently has a “Overweight” rating and a $639.00 price target on the stock. KeyCorp also issued estimates for Texas Pacific Land’s Q2 2026 earnings at $2.39 EPS, Q3 2026 earnings at $2.41 EPS, Q4 2026 earnings at $2.44 EPS, FY2026 earnings at $9.27 EPS, Q1 2027 earnings at $2.52 EPS, Q2 2027 earnings at $2.54 EPS, Q3 2027 earnings at $2.56 EPS, Q4 2027 earnings at $2.62 EPS and FY2027 earnings at $10.24 EPS.

Texas Pacific Land (NYSE:TPL) last released its earnings results on Wednesday, February 18th. The financial services provider reported $1.79 EPS for the quarter, topping the consensus estimate of $1.73 by $0.06. The firm had revenue of $211.60 million during the quarter, compared to analysts’ expectations of $204.00 million. Texas Pacific Land had a net margin of 60.31% and a return on equity of 36.18%.

Several other analysts have also recently commented on the stock. Wall Street Zen raised shares of Texas Pacific Land from a “sell” rating to a “hold” rating in a research note on Sunday, March 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Texas Pacific Land in a research note on Friday, March 27th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $639.00.

Texas Pacific Land Stock Performance

TPL stock opened at $447.81 on Tuesday. The stock has a market capitalization of $30.87 billion, a P/E ratio of 64.19 and a beta of 0.76. Texas Pacific Land has a one year low of $269.23 and a one year high of $547.20. The company has a 50 day moving average price of $468.19 and a two-hundred day moving average price of $364.77.

Texas Pacific Land Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $2.40 annualized dividend and a dividend yield of 0.5%. This is a boost from Texas Pacific Land’s previous quarterly dividend of $0.53. Texas Pacific Land’s dividend payout ratio is presently 34.38%.

Insider Buying and Selling at Texas Pacific Land

In other news, CAO Stephanie Buffington sold 1,608 shares of the business’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $503.00, for a total transaction of $808,824.00. Following the completion of the sale, the chief accounting officer directly owned 2,133 shares of the company’s stock, valued at $1,072,899. The trade was a 42.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Donna E. Epps acquired 895 shares of the stock in a transaction dated Wednesday, February 25th. The shares were bought at an average cost of $510.45 per share, with a total value of $456,852.75. Following the completion of the purchase, the director directly owned 2,921 shares in the company, valued at approximately $1,491,024.45. This trade represents a 44.18% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 6.90% of the stock is owned by insiders.

Institutional Trading of Texas Pacific Land

Institutional investors have recently made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB grew its stake in shares of Texas Pacific Land by 363.2% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 88 shares of the financial services provider’s stock valued at $25,000 after buying an additional 69 shares during the period. Summit Securities Group LLC grew its stake in shares of Texas Pacific Land by 171.9% during the 4th quarter. Summit Securities Group LLC now owns 87 shares of the financial services provider’s stock valued at $25,000 after buying an additional 55 shares during the period. IFP Advisors Inc grew its stake in shares of Texas Pacific Land by 185.3% during the 4th quarter. IFP Advisors Inc now owns 97 shares of the financial services provider’s stock valued at $28,000 after buying an additional 63 shares during the period. Quarry LP purchased a new stake in shares of Texas Pacific Land during the 3rd quarter valued at $29,000. Finally, CX Institutional acquired a new position in shares of Texas Pacific Land during the 3rd quarter valued at $30,000. 59.94% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Texas Pacific Land

Here are the key news stories impacting Texas Pacific Land this week:

• Positive Sentiment: KeyCorp sharply raised EPS estimates across multiple quarters and bumped FY2026 and FY2027 forecasts (FY2026 to $9.27 from $7.83; FY2027 to $10.24) and lifted Q1–Q4 individual quarter forecasts — signaling stronger earnings outlook and keeping an Overweight rating with a $639 price target. This is a significant fundamental upside driver for TPL.
• Neutral Sentiment: Jim Cramer highlighted TPL as one of the S&P 500’s top Q1 performers but also noted recent short-term weakness, a mention that raises visibility but is ambiguous for immediate price direction. Read More.
• Negative Sentiment: A Seeking Alpha piece raised questions about the company (“Something Doesn’t Add Up”), highlighting risks or potential concerns that can amplify investor caution and trigger short-term selling pressure. Read More.

Texas Pacific Land Company Profile

Texas Pacific Land Corporation (NYSE: TPL) is a Texas-based land management company that derives revenue from the ownership and stewardship of large tracts of land and associated mineral rights in West Texas. The company’s origins trace to 19th century land grants associated with the Texas and Pacific Railway; over time those grant holdings have been retained and managed as a standalone corporate asset base. Texas Pacific Land is publicly listed and operates as a landowner and resource manager rather than as a traditional oil and gas producer.

The company’s primary activities include management of surface rights and leasing of land for energy and other commercial uses, administration of mineral royalty interests, and provision of water and related services to industrial customers.