Cross Timbers Royalty Trust Stock Forecast, Price & News

Cross Timbers Royalty Trust's stock was trading at $11.46 at the beginning of 2022. Since then, CRT shares have increased by 31.8% and is now trading at $15.11.
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Cross Timbers Royalty Trust saw a decrease in short interest in June. As of June 15th, there was short interest totaling 2,100 shares, a decrease of 79.6% from the May 31st total of 10,300 shares. Based on an average trading volume of 76,600 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.
View Cross Timbers Royalty Trust's Short Interest.

Cross Timbers Royalty Trust is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022.
View our earnings forecast for Cross Timbers Royalty Trust.

Cross Timbers Royalty Trust (NYSE:CRT) issued its earnings results on Friday, May, 13th. The oil and gas company reported $0.28 earnings per share for the quarter. The oil and gas company earned $1.95 million during the quarter. Cross Timbers Royalty Trust had a net margin of 91.09% and a trailing twelve-month return on equity of 223.79%.
View Cross Timbers Royalty Trust's earnings history.

Cross Timbers Royalty Trust declared a monthly dividend on Friday, June 17th. Investors of record on Thursday, June 30th will be given a dividend of $0.272 per share on Friday, July 15th. This represents a $3.26 dividend on an annualized basis and a dividend yield of 21.60%. The ex-dividend date of this dividend is Wednesday, June 29th. This is an increase from Cross Timbers Royalty Trust's previous monthly dividend of $0.16.
View Cross Timbers Royalty Trust's dividend history.

Cross Timbers Royalty Trust(NYSE:CRT) pays an annual dividend of $3.27 per share and currently has a dividend yield of 21.54%. CRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Cross Timbers Royalty Trust does not yet have a strong track record of dividend growth. The dividend payout ratio of Cross Timbers Royalty Trust is 268.03%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Cross Timbers Royalty Trust's dividend history.

Some companies that are related to Cross Timbers Royalty Trust include Texas Pacific Land (TPL), Sabine Royalty Trust (SBR), Permian Basin Royalty Trust (PBT), San Juan Basin Royalty Trust (SJT), North European Oil Royalty Trust (NRT), Hugoton Royalty Trust (HGTXU), Mesa Royalty Trust (MTR) and Marine Petroleum Trust (MARPS).
View all of CRT's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cross Timbers Royalty Trust investors own include Brookfield Property Partners (BPY), Main Street Capital (MAIN), ARMOUR Residential REIT (ARR), BP Prudhoe Bay Royalty Trust (BPT), Apple Hospitality REIT (APLE), Alliance Resource Partners (ARLP), Enterprise Products Partners (EPD), EPR Properties (EPR), Energy Transfer (ET) and Pembina Pipeline (PBA).

Cross Timbers Royalty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRT."

Shares of CRT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CRT stock can currently be purchased for approximately $15.11.

Cross Timbers Royalty Trust (NYSE:CRT) has a market capitalization of $90.66 million and generates $7.44 million in revenue each year. The oil and gas company earns $7.77 million in net income (profit) each year or $1.22 on an earnings per share basis.

Cross Timbers Royalty Trust's mailing address is 2911 Turtle Creek Blvd Suite 850, DALLAS TX, 76147. The official website for Cross Timbers Royalty Trust is www.crt-crosstimbers.com. The oil and gas company can be reached via phone at (855) 588-7839 or via fax at 214-209-2431.