How to Buy Natural Resource Partners Stock
Natural Resource Partners LP
Natural Resource Partners is a coal company located in Texas, United States, which is part of the Basic Materials sector, and is traded under the ticker NRP on the NYSE exchange.
Natural Resource Partners stock last closed at $91.73, up 2.61% from the previous day, and has increased 76.07% in one year. It has overperformed other stocks in the Thermal Coal industry by 0.47 percentage points. Natural Resource Partners stock is currently +105.3% from its 52-week low of $44.68, and -10.07% from its 52-week high of $102.00.
As of Apr 26, 2024, there are 12.63M shares of NRP outstanding. The market value of NRP is $1.16B. In the last 24 hours, 10,163 NRP shares were traded.
How to Buy Natural Resource Partners Stock
Not sure how to invest in Natural Resource Partners stock? Here's how.
- Figure out where to buy Natural Resource Partners stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Natural Resource Partners stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Choose your payment method and add your details.
- Research Natural Resource Partners stock: The Natural Resource Partners ticker symbol is NRP. Is Natural Resource Partners stock a good investment? Should you buy shares of NRP? How do NRP's underlying business fundamentals look? Do top analysts think Natural Resource Partners is a good buy? Why has NRP's stock price moved recently? (Hint: Our stock research website can help you figure out if NRP is a good stock to buy).
- Execute your NRP trade: Decide if you will purchase NRP shares at the current market price or use a limit order to buy NRP shares at a specific price.
- Get key alerts regarding your investment in NRP: Create a watchlist to key updates about your new investment in Natural Resource Partners stock.
Step 1: Figure out where to buy Natural Resource Partners stock
You will need a brokerage account to access the NYSE market and buy NRP shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal details so you can invest in NRP stock today.
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Step 3: Deposit money your brokerage account
Now that you have finished signing up on the best stock investing app, you need to deposit funds:
Check out the video below for more details depositing funds into your brokerage account.
Step 4: Research Natural Resource Partners stock
Once you have figured out the best place to buy Natural Resource Partners stock, it's crucial to research their stock prior to investing, so you actually understand the risk and upside.
Natural Resource Partners Numbers
Natural Resource Partners Overview
WallStreetZen was built to help everyday investors perform better fundamental analysis quickly.
You can see all of the due diligence checks on NRP's stock page.
What is the fair value of NRP stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge NRP's intrinsic value.
Using relative valuations methods:
- NRP may be overvalued based on its P/E ratio of 5.88x, relative to Thermal Coal industry P/E ratio of 4.3x
- NRP may be overvalued based on its P/B ratio of 2.18x, relative to Thermal Coal industry P/B ratio of 1.24x
- NRP could be undervalued based on its PEG ratio of 0.66x
You can access additional valuation analysis on NRP's stock here.
NRP Financial Summary
Passed Financial Due Diligence Checks:
- NRP earnings of $218.91M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the NRP balance sheet.
- NRP's operating cash flow of $310.98M allows it to safely service it's debt of $155.06M.
- Total NRP debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the NRP balance sheet.
- NRP has a relatively high debt to equity ratio of 0.41.
- NRP profit margin has gone down from 61.3% to 54.3% in the past year.
Metrics for Advanced NRP Traders
NRP Performance Numbers
Last year, NRP earnings were $200.79M. Over the past five year, NRP's earnings have increased by 12.19% per year. This was slower than the Thermal Coal industry average of 14.56%.
Last year, NRP revenue was $370.01M. Over the last 5 year, NRP's revenue has grown by 5.85% per year. This was faster than the Thermal Coal industry average of 4.68%.
Dive into NRP's earnings and revenue performance here.
Who is buying/selling NRP?
In the past 12 months, executives and large shareholders at NRP have sold more shares than they have bought.
Kevin J. Craig, Executive Vice President of NRP, was the latest NRP insider to sell. They sold $520,851.63 worth of NRP shares on Feb 15, 2024.
Get more info about who owns NRP stock here.
Can I rely on NRP as an income stream?
Natural Resource Partners pays a dividend of 5.93%, compared to the Thermal Coal industry's average dividend yield of 4.96%. If you owned $1,000 worth of NRP stock, you would have been paid $59.30 last year.
Natural Resource Partners dividend payments have not consistently grown over the past decade and have not remained stable.
Find more analysis about Natural Resource Partners dividend yield and history here.
NRP Social Trading Data
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Step 5: Execute your NRP trade
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - 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 sure you're buying or selling at a given dollar amount, place a limit order.
Press the Open button and your broker will execute the order.
If you need additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your investment in NRP
Now that you own some shares in NRP, you'll want to keep up with your new stock purchase.
Create a watchlist to track the latest developments regarding your NRP stock.
NRP Feed
How to Buy Stock in Natural Resource Partners
To summarize, here are the 6 steps you need to take to buy Natural Resource Partners stock right now:
- Figure out where to buy Natural Resource Partners stock
- Open a brokerage account
- Deposit money your brokerage account
- Research Natural Resource Partners stock
- Execute your NRP trade
- Get key alerts regarding your investment in NRP
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to track your investment in Natural Resource Partners, click below.
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