How have PRT shares performed in 2024?

PermRock Royalty Trust's stock was trading at $4.42 at the start of the year. Since then, PRT shares have decreased by 9.5% and is now trading at $4.00. View the best growth stocks for 2024 here .

Are investors shorting PermRock Royalty Trust?

PermRock Royalty Trust saw a increase in short interest in March. As of March 31st, there was short interest totaling 30,300 shares, an increase of 24.2% from the March 15th total of 24,400 shares. Based on an average trading volume of 42,400 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the company's stock are short sold. View PermRock Royalty Trust's Short Interest .

When is PermRock Royalty Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our PRT earnings forecast .

How often does PermRock Royalty Trust pay dividends? What is the dividend yield for PermRock Royalty Trust?

PermRock Royalty Trust declared a monthly dividend on Monday, March 18th. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.023 per share on Friday, April 12th. This represents a $0.28 annualized dividend and a dividend yield of 6.90%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for PRT .

Is PermRock Royalty Trust a good dividend stock?

PermRock Royalty Trust (NYSE:PRT) pays an annual dividend of $0.28 per share and currently has a dividend yield of 6.74%. PRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 54.90%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for PRT .

What other stocks do shareholders of PermRock Royalty Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PermRock Royalty Trust investors own include Main Street Capital (MAIN) , New Residential Investment (NRZ) , InfraCap MLP ETF (AMZA) , Energy Transfer (ET) , Golar LNG Partners (GMLP) , Hercules Capital (HTGC) , Mplx (MPLX) , AT&T (T) and Arbor Realty Trust (ABR) .

When did PermRock Royalty Trust IPO?

PermRock Royalty Trust (PRT) raised $126 million in an IPO on Wednesday, May 2nd 2018. The company issued 6,300,000 shares at $19.00-$21.00 per share. Wells Fargo Securities, Goldman Sachs, UBS Investment Bank, Deutsche Bank Securities, Jefferies, Stifel and Oppenheimer served as the underwriters for the IPO and BB&T Capital Markets and Janney Montgomery Scott were co-managers.

How do I buy shares of PermRock Royalty Trust?

Shares of PRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:PRT

PermRock Royalty Trust (PRT) Stock Price, News & Analysis

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Free PRT Stock Alerts

$4.00

-0.07 (-1.72%)

(As of 04/18/2024 ET)

Compare

Today's Range: $3.99
▼
$4.10
50-Day Range: $4.04
▼
$4.56
52-Week Range: $3.99
▼
$6.99

Volume: 53,322 shs
Average Volume: 42,890 shs
Market Capitalization: $48.68 million

P/E Ratio: 7.84
Dividend Yield: 7.00%
Price Target: N/A

Get PermRock Royalty Trust alerts:

PermRock Royalty Trust MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.42% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$17,100 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.65 out of 5 stars

Oils/Energy Sector

188th out of 230 stocks

Crude Petroleum & Natural Gas Industry

65th out of 74 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for PermRock Royalty Trust.

3.0

Short Interest

Percentage of Shares Shorted
0.42% of the float of PermRock Royalty Trust has been sold short.
Short Interest Ratio / Days to Cover
PermRock Royalty Trust has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PermRock Royalty Trust has recently increased by 24.18%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
PermRock Royalty Trust is a leading dividend payer. It pays a dividend yield of 6.74%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
PermRock Royalty Trust does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of PermRock Royalty Trust is 54.90%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PRT.

1.1

News and Social Media Coverage

News Sentiment
PermRock Royalty Trust has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.
Search Interest
8 people have searched for PRT on MarketBeat in the last 30 days. This is an increase of 700% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PermRock Royalty Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,100.00 in company stock.
Percentage Held by Institutions
41.67% of the stock of PermRock Royalty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of PermRock Royalty Trust is 7.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of PermRock Royalty Trust is 7.84, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.34.
Price to Book Value per Share Ratio
PermRock Royalty Trust has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About PermRock Royalty Trust Stock (NYSE:PRT)

PermRock Royalty Trust operates as a statutory trust. It owns perpetual interests in the oil and natural gas producing properties. The company's underlying properties include 22,731 net acres in the Permian Basin. The company was founded in 2017 and is based in Dallas, Texas.

PRT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PRT Stock News Headlines

April 2, 2024 | investorplace.com

PRT Stock Earnings: PermRock Royalty Trust Reported Results for Q4 2023

March 18, 2024 | prnewswire.com

PermRock Royalty Trust Declares Monthly Cash Distribution

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 28, 2024 | uk.finance.yahoo.com

PermRock Royalty Trust (PRT)

February 24, 2024 | finance.yahoo.com

Don't Buy PermRock Royalty Trust (NYSE:PRT) For Its Next Dividend Without Doing These Checks

February 16, 2024 | finance.yahoo.com

PermRock Royalty Trust Declares Monthly Cash Distribution

February 16, 2024 | prnewswire.com

PermRock Royalty Trust Declares Monthly Cash Distribution

January 2, 2024 | msn.com

USEG, NRT among major energy gainers; VTNR, PRT major losers

April 18, 2024 | InvestorPlace (Ad)

The Next Nvidia?

October 25, 2023 | benzinga.com

Friday Is Your Last Chance To Buy PermRock Royalty Trust Before The Dividend Payout

September 13, 2023 | gurufocus.com

10% Owner Boaz Energy II, LLC Sells 3,160 Shares of PermRock Royalty Trust (PRT)

July 28, 2023 | msn.com

PermRock Royalty Trust - Unit (PRT) Declares $0.04 Dividend

May 24, 2023 | finance.yahoo.com

PRT - PermRock Royalty Trust

May 19, 2023 | msn.com

PermRock Royalty Trust declares $0.03 dividend

April 19, 2023 | msn.com

PermRock Royalty Trust - Unit (PRT) Declares $0.03 Dividend

March 27, 2023 | msn.com

7 Monthly Dividend Stocks to Buy During the Market Jitters

March 27, 2023 | benzinga.com

PermRock Royalty Trust's Ex-Dividend Date Is Thursday, Here's What You Need To Know

February 17, 2023 | seekingalpha.com

PermRock Royalty Trust declares $0.0602 dividend

February 6, 2023 | investorplace.com

The 7 Best Monthly Dividend Stocks to Buy for February 2023

January 13, 2023 | seekingalpha.com

Beware Of The Risk That Comes With The 13.8% Yield Of PermRock Royalty Trust

December 19, 2022 | msn.com

PermRock Royalty Trust declares $0.0807 dividend

November 24, 2022 | msn.com

Monday Is Your Last Chance To Buy PermRock Royalty Trust Before The Dividend Payout

September 20, 2022 | seekingalpha.com

PermRock Royalty Trust declares $0.093 dividend

September 7, 2022 | seekingalpha.com

PermRock Royalty Trust: Exceptional Yield But High Risk In The Long Run

August 25, 2022 | msn.com

PermRock Royalty Trust: Dividend Insights

August 22, 2022 | finance.yahoo.com

PermRock Royalty Trust (NYSE:PRT) Has Announced That It Will Be Increasing Its Dividend To $0.092

June 24, 2022 | benzinga.com

Tuesday Is Your Last Chance To Buy PermRock Royalty Trust Before The Dividend Payout

See More Headlines

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Company Calendar

Ex-Dividend for 3/14 Dividend: 2/28/2024
Dividend Payable: 3/14/2024
Ex-Dividend for 4/12 Dividend: 3/27/2024
Dividend Payable: 4/12/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Current Symbol: NYSE:PRT
CUSIP: N/A
CIK: 1724009
Web: www.permrock.com
Phone: (855) 588-7839
Fax: 817-298-5579
Employees: 2,020
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.51
Trailing P/E Ratio: 7.98
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $6.26 million
Net Margins: 87.13%
Pretax Margin: 87.86%
Return on Equity: 8.03%
Return on Assets: 7.88%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.71
Quick Ratio: 3.71

Sales & Book Value

Annual Sales: $7.19 million
Price / Sales: 6.89
Cash Flow: $0.51 per share
Price / Cash Flow: 7.95
Book Value: $6.24 per share
Price / Book: 0.65

Miscellaneous

Outstanding Shares: 12,170,000
Free Float: N/A
Market Cap: $49.53 million
Optionable: Not Optionable
Beta: 0.93

A Guide To High-Short-Interest Stocks

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Key Executives

Lee Ann Anderson
Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PRT Stock Analysis - Frequently Asked Questions

How have PRT shares performed in 2024?: PermRock Royalty Trust's stock was trading at $4.42 at the start of the year. Since then, PRT shares have decreased by 9.5% and is now trading at $4.00.
View the best growth stocks for 2024 here.
Are investors shorting PermRock Royalty Trust?: PermRock Royalty Trust saw a increase in short interest in March. As of March 31st, there was short interest totaling 30,300 shares, an increase of 24.2% from the March 15th total of 24,400 shares. Based on an average trading volume of 42,400 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the company's stock are short sold.
View PermRock Royalty Trust's Short Interest.
When is PermRock Royalty Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our PRT earnings forecast.
How often does PermRock Royalty Trust pay dividends? What is the dividend yield for PermRock Royalty Trust?: PermRock Royalty Trust declared a monthly dividend on Monday, March 18th. Stockholders of record on Thursday, March 28th will be paid a dividend of $0.023 per share on Friday, April 12th. This represents a $0.28 annualized dividend and a dividend yield of 6.90%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for PRT.

Is PermRock Royalty Trust a good dividend stock?: PermRock Royalty Trust (NYSE:PRT) pays an annual dividend of $0.28 per share and currently has a dividend yield of 6.74%. PRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 54.90%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PRT.
What other stocks do shareholders of PermRock Royalty Trust own?: Based on aggregate information from My MarketBeat watchlists, some companies that other PermRock Royalty Trust investors own include Main Street Capital (MAIN), New Residential Investment (NRZ), InfraCap MLP ETF (AMZA), Energy Transfer (ET), Golar LNG Partners (GMLP), Hercules Capital (HTGC), Mplx (MPLX), AT&T (T) and Arbor Realty Trust (ABR).
When did PermRock Royalty Trust IPO?: PermRock Royalty Trust (PRT) raised $126 million in an IPO on Wednesday, May 2nd 2018. The company issued 6,300,000 shares at $19.00-$21.00 per share. Wells Fargo Securities, Goldman Sachs, UBS Investment Bank, Deutsche Bank Securities, Jefferies, Stifel and Oppenheimer served as the underwriters for the IPO and BB&T Capital Markets and Janney Montgomery Scott were co-managers.
How do I buy shares of PermRock Royalty Trust?: Shares of PRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PRT) was last updated on 4/18/2024 by MarketBeat.com Staff

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PermRock Royalty Trust (PRT) Stock Price, News & Analysis

PermRock Royalty Trust MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

Search Interest

Company Ownership

Earnings and Valuation

About PermRock Royalty Trust Stock (NYSE:PRT)

PRT Stock Price History

PRT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

PRT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™