Freehold Royalties Ltd. (TSE:FRU - Get Free Report) Senior Officer Ian C. Hantke bought 4,200 shares of the business's stock in a transaction that occurred on Friday, May 12th. The stock was bought at an average price of C$14.22 per share, with a total value of C$59,713.50.
Freehold Royalties Trading Down 0.2 %
Freehold Royalties stock traded down C$0.03 during trading hours on Tuesday, reaching C$14.30. The stock had a trading volume of 208,087 shares, compared to its average volume of 353,465. The stock has a market cap of C$2.15 billion, a PE ratio of 16.25, a PEG ratio of -0.92 and a beta of 2.01. The company has a fifty day simple moving average of C$14.18 and a 200-day simple moving average of C$14.14. The company has a debt-to-equity ratio of 13.49, a current ratio of 2.12 and a quick ratio of 1.50. Freehold Royalties Ltd. has a 52 week low of C$12.66 and a 52 week high of C$15.44.
Freehold Royalties (TSE:FRU - Get Free Report) last posted its earnings results on Wednesday, February 28th. The company reported C$0.23 earnings per share (EPS) for the quarter. Freehold Royalties had a return on equity of 14.00% and a net margin of 41.93%. The company had revenue of C$80.06 million for the quarter. Analysts forecast that Freehold Royalties Ltd. will post 0.7581169 EPS for the current fiscal year.
Freehold Royalties Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 15th will be given a $0.09 dividend. The ex-dividend date is Monday, April 29th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 7.55%. Freehold Royalties's dividend payout ratio is currently 122.73%.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on FRU shares. BMO Capital Markets set a C$15.00 price objective on Freehold Royalties and gave the company a "market perform" rating in a report on Wednesday, March 13th. Raymond James decreased their price target on shares of Freehold Royalties from C$20.00 to C$17.50 and set an "outperform" rating on the stock in a research note on Friday, January 19th. National Bankshares cut their price objective on shares of 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. CIBC decreased their target price on shares of Freehold Royalties from C$16.75 to C$16.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 16th. Finally, ATB Capital lowered their price target on shares of Freehold Royalties from C$19.50 to C$19.00 in a research note on Tuesday, January 2nd. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, Freehold Royalties has a consensus rating of "Moderate Buy" and a consensus price target of C$17.81.
View Our Latest Analysis on Freehold Royalties
Freehold Royalties Company Profile
(
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Freehold 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.
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