Natural Resource Partners LP (NYSE: NRP) has reported E.P.S. of $4.87 for its fourth fiscal quarter (ending December 31) versus $4.37 for the same period a year ago. For the latest four quarters through December 31, E.P.S. were $15.59 versus $18.72 for the same period a year ago.
Recent Price Action
Natural Resource Partners LP (NYSE: NRP) stock closed at $92.61 on 3/7/24 after a slight decline of -1.0%. Moreover, trading volume in this decline was exceptionally high at 253% of normal. The stock has risen 1.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, NRP is expected to continue to be a major Value Builder.
Natural Resource Partners has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Natural Resource Partners has a very high Appreciation Score of 89 and a very high Power Rating of 96, leading to the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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