How to Buy Alliance Resource Partners Stock
Alliance Resource Partners LP
Alliance Resource Partners, L. P. , a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States.
Alliance Resource Partners stock last closed at $21.19, down 0.05% from the previous day, and has increased 0.5% in one year. It has underperformed other stocks in the Thermal Coal industry by 0.24 percentage points. Alliance Resource Partners stock is currently +24.28% from its 52-week low of $17.05, and -12.8% from its 52-week high of $24.30.
At the moment, there are 128.06M ARLP shares outstanding. The market capitalization of ARLP is $2.71B. In the last 24 hours, 219,597 ARLP shares were traded.
How to Buy Alliance Resource Partners Stock
Wondering how to invest in Alliance Resource Partners stock? Here's how.
- Figure out where to buy Alliance Resource Partners stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Alliance Resource Partners stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your info.
- Evaluate Alliance Resource Partners stock: The Alliance Resource Partners ticker symbol is ARLP. Is Alliance Resource Partners stock a good investment? Should you buy shares of ARLP? How do ARLP's underlying business fundamentals look? Do top analysts think Alliance Resource Partners is a good buy? Why has ARLP's stock price moved recently? (Hint: Our stock market research website can help you evaluate if ARLP is a good stock to buy).
- Make your ARLP buy order: Decide if you will purchase ARLP shares at the current market price or use a limit order to buy ARLP stock at a specific price.
- Get updates on your ARLP position: Create a watchlist to keep tabs on your position in Alliance Resource Partners stock.
Step 1: Figure out where to buy Alliance Resource Partners stock
You need a brokerage account in order to access the NASDAQ market and buy ARLP stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you are able to invest in ARLP stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new brokerage account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have filled out your info on app for investing, you can securely and quickly fund your account:
Watch the tutorial below if you need help depositing money into your brokerage account.
Step 4: Evaluate Alliance Resource Partners stock
Once you have chosen the best place to buy Alliance Resource Partners stock, it's absolutely critical to research their stock before you buy, so you actually comprehend the risk and opportunity.
Alliance Resource Partners quick stats
Fundamentals of Alliance Resource Partners
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on ARLP's stock page.
Is ARLP stock properly valued?
You can use many financial metrics, analyses, models, and charts to gauge ARLP's true value.
Using relative valuations measures:
- ARLP may be overvalued based on its P/E ratio of 4.41x, relative to Thermal Coal industry P/E ratio of 4.24x
- ARLP could be overvalued based on its P/B ratio of 1.48x, relative to Thermal Coal industry P/B ratio of 1.23x
- ARLP could be undervalued based on its PEG ratio of 0.51x
You can access more valuation analysis on ARLP's stock here.
ARLP Financial Health Summary
Passed Financial Due Diligence Checks:
- ARLP's operating cash flow of $830.64M allows it to safely service it's debt of $350.82M.
- There are more short-term assets than short-term liabilities on the ARLP balance sheet.
- ARLP profit margin has gone up from 23.9% to 24.5% in the past year.
- ARLP earnings of $674.49M is not enough to cover its interest payments.
- Total ARLP debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- ARLP has a relatively high debt to equity ratio of 0.51.
- There are more long-term liabilities than short-term assets on the ARLP balance sheet.
Is Alliance Resource Partners stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who track ARLP, the consensus analyst rating on ARLP is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Alliance Resource Partners stock forecast page.
Metrics for Advanced ARLP Traders
ARLP Revenue
Last year, ARLP earnings were $628.73M. During the past 5 year, ARLP's earnings have grown by 11.91% per year. This was slower than the Thermal Coal industry average of 14.48%.
Last year, ARLP revenue was $2.57B. During the last five year, ARLP's revenue has gone up by 5.09% per year. This was faster than the Thermal Coal industry average of 4.65%.
Dive into ARLP's earnings and revenue performance here.
Latest Insiders Trades at ARLP
Over the last 12 months, executives and large shareholders at ARLP have sold more shares than they have bought.
Megan J. Cordle, VP CONTROLLER AND CAO of ARLP, was the latest ARLP insider to sell. They sold $142,351.86 worth of ARLP shares on Feb 8, 2024.
Dig into more about who owns ARLP stock here.
Does ARLP stock generate passive income?
Alliance Resource Partners pays a dividend of 13.21%, compared to the Thermal Coal industry's average dividend yield of 5%. If you owned $1,000 worth of ARLP stock, you would have received $132.14 in the past 12 months.
Alliance Resource Partners dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more data about Alliance Resource Partners dividend yield and history here.
What others are saying about ARLP
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your ARLP buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, use a limit order.
Press the Open button and eToro will execute the order.
If you need additional help investing in stocks on eToro, click the helpful video below:
Step 6: Get updates on your ARLP position
Now that you own some ARLP stock, you'll want to stay up-to-date on your new stock purchase.
Put ARLP on a watchlist to track your ARLP stock.
ARLP Feed
How to Buy Stock in Alliance Resource Partners
To reiterate, here are the 6 steps to buy Alliance Resource Partners stock:
- Figure out where to buy Alliance Resource Partners stock
- Create your brokerage account
- Deposit money your investment account
- Evaluate Alliance Resource Partners stock
- Make your ARLP buy order
- Get updates on your ARLP position
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Alliance Resource Partners, get started below.
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