Freehold Royalties Ltd. (TSE:FRU - Get Free Report) has been assigned an average rating of "Moderate Buy" from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is C$17.81.
A number of analysts recently issued reports on FRU shares. ATB Capital dropped their price objective on Freehold Royalties from C$19.50 to C$19.00 in a report on Tuesday, January 2nd. National Bankshares lowered their target price on Freehold Royalties from C$20.00 to C$17.00 and set an "outperform" rating for the company in a research note on Wednesday, January 10th. BMO Capital Markets set a C$15.00 price objective on Freehold Royalties and gave the company a "market perform" rating in a research note on Wednesday, March 13th. Desjardins boosted their price target on Freehold Royalties from C$18.75 to C$19.25 and gave the stock a "buy" rating in a research note on Tuesday, December 12th. Finally, Cormark cut their price objective on Freehold Royalties from C$20.00 to C$18.00 and set a "buy" rating for the company in a report on Tuesday, December 12th.
Get Our Latest Report on FRU
Freehold Royalties Stock Performance
TSE:FRU traded down C$0.12 during trading on Monday, reaching C$14.58. The company's stock had a trading volume of 197,258 shares, compared to its average volume of 358,808. The firm has a market cap of C$2.20 billion, a price-to-earnings ratio of 16.57, a price-to-earnings-growth ratio of -0.92 and a beta of 2.01. The company has a debt-to-equity ratio of 13.49, a quick ratio of 1.50 and a current ratio of 2.12. The firm has a 50 day moving average of C$14.11 and a 200-day moving average of C$14.17. Freehold Royalties has a 12 month low of C$12.66 and a 12 month high of C$15.44.
Freehold Royalties (TSE:FRU - Get Free Report) last posted its quarterly earnings results on Wednesday, February 28th. The company reported C$0.23 earnings per share for the quarter. The company had revenue of C$80.06 million during the quarter. Freehold Royalties had a return on equity of 14.00% and a net margin of 41.93%. Research analysts expect that Freehold Royalties will post 0.7581169 EPS for the current fiscal year.
Freehold Royalties Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Monday, April 15th. Stockholders of record on Monday, April 15th will be given a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 7.41%. Freehold Royalties's payout ratio is 122.73%.
Freehold Royalties Company Profile
(
Get Free ReportFreehold Royalties Ltd. engages in the acquiring and managing royalty interests in the crude oil, natural gas, natural gas liquids, and potash properties in Western Canada and the United States. Freehold Royalties Ltd. was founded in 1996 and is headquartered in Calgary, Canada.
See Also
Before you consider Freehold Royalties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Freehold Royalties wasn't on the list.
While Freehold Royalties currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
