Mesa Royalty Trust (MTR) Stock Forecast, Price & News

Mesa Royalty Trust's stock was trading at $22.01 on January 1st, 2023. Since then, MTR shares have increased by 11.3% and is now trading at $24.50.
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Mesa Royalty Trust saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 29,500 shares, an increase of 20.9% from the April 30th total of 24,400 shares. Based on an average daily volume of 20,600 shares, the short-interest ratio is currently 1.4 days. Approximately 1.6% of the company's shares are sold short.
View Mesa Royalty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our MTR earnings forecast.

Mesa Royalty Trust (NYSE:MTR) posted its quarterly earnings data on Wednesday, February, 14th. The energy company reported $0.09 earnings per share for the quarter. Mesa Royalty Trust had a trailing twelve-month return on equity of 142.69% and a net margin of 89.88%.

Mesa Royalty Trust declared a monthly dividend on Thursday, May 18th. Stockholders of record on Wednesday, May 31st will be paid a dividend of $0.238 per share on Monday, July 31st. This represents a $2.86 annualized dividend and a yield of 11.66%. The ex-dividend date is Tuesday, May 30th. This is an increase from the stock's previous monthly dividend of $0.16.
Read our dividend analysis for MTR.

Mesa Royalty Trust (NYSE:MTR) pays an annual dividend of $2.85 per share and currently has a dividend yield of 12.08%. MTR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for MTR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mesa Royalty Trust investors own include Alliance Resource Partners (ARLP), Cross Timbers Royalty Trust (CRT), Alibaba Group (BABA), Gladstone Investment (GAIN), Inovio Pharmaceuticals (INO), Main Street Capital (MAIN), Omega Healthcare Investors (OHI), Exxon Mobil (XOM), AbbVie (ABBV) and Allena Pharmaceuticals (ALNA).

Mesa Royalty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MTR."

Mesa Royalty Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include BNP Paribas Arbitrage SNC (0.11%).
View institutional ownership trends.

Shares of MTR stock 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 MTR stock can currently be purchased for approximately $24.50.

Mesa Royalty Trust (NYSE:MTR) has a market capitalization of $45.57 million and generates $4.12 million in revenue each year.

Mesa Royalty Trust's mailing address is BNY MELLON TRUST COMPANY N.A. 601 TRAVIS STREET FLOOR 16, HOUSTON TX, 77002. The official website for the company is mtr.investorhq.businesswire.com. The energy company can be reached via phone at (713) 483-6020 or via fax at 512-479-2553.