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PermRock Royalty Trust Stock Price, Forecast & Analysis (NYSE:PRT)

$6.49
-0.09 (-1.37 %)
(As of 11/12/2019 12:09 PM ET)
Today's Range
$6.36
Now: $6.49
$6.54
50-Day Range
$6.51
MA: $7.29
$8.40
52-Week Range
$5.45
Now: $6.49
$12.60
Volume1,280 shs
Average Volume59,488 shs
Market Capitalization$78.98 million
P/E Ratio5.07
Dividend Yield7.51%
Beta1.8
PermRock Royalty Trust owns 80% net profits interest in the oil and natural gas production properties acquired by Boaz Energy II, LLC in the Permian Basin, Texas. The company was founded in 2017 and is based in Fort Worth, Texas.

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
CIKN/A
Phone855-588-7839

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.24 million

Profitability

Net Income$15.59 million

Miscellaneous

EmployeesN/A
Market Cap$78.98 million
Next Earnings Date11/13/2019 (Estimated)
OptionableNot Optionable

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PermRock Royalty Trust (NYSE:PRT) Frequently Asked Questions

What is PermRock Royalty Trust's stock symbol?

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

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, October 21st. Investors of record on Thursday, October 31st will be paid a dividend of $0.041 per share on Friday, November 15th. This represents a $0.49 annualized dividend and a yield of 7.54%. The ex-dividend date is Wednesday, October 30th. View PermRock Royalty Trust's Dividend History.

How were PermRock Royalty Trust's earnings last quarter?

PermRock Royalty Trust (NYSE:PRT) announced its quarterly earnings data on Wednesday, August, 14th. The company reported $0.22 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.22. The company earned $7.83 million during the quarter, compared to analyst estimates of $7.80 million. View PermRock Royalty Trust's Earnings History.

When is PermRock Royalty Trust's next earnings date?

PermRock Royalty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, November 13th 2019. View Earnings Estimates for PermRock Royalty Trust.

What price target have analysts set for PRT?

1 brokerages have issued 12-month price targets for PermRock Royalty Trust's stock. Their forecasts range from $10.00 to $10.00. On average, they anticipate PermRock Royalty Trust's share price to reach $10.00 in the next year. This suggests a possible upside of 53.2% from the stock's current price. View Analyst Price Targets for PermRock Royalty Trust.

What is the consensus analysts' recommendation for PermRock Royalty Trust?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PermRock Royalty Trust in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PermRock Royalty Trust.

Has PermRock Royalty Trust been receiving favorable news coverage?

Press coverage about PRT stock has trended very negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PermRock Royalty Trust earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for PermRock Royalty Trust.

Are investors shorting PermRock Royalty Trust?

PermRock Royalty Trust saw a drop in short interest in October. As of October 31st, there was short interest totalling 2,900 shares, a drop of 64.6% from the September 30th total of 8,200 shares. Based on an average trading volume of 50,100 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company's stock are short sold. View PermRock Royalty Trust's Current Options Chain.

Who are some of PermRock Royalty Trust's key competitors?

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 Curaleaf (CURLF), New Residential Investment (NRZ), Golar LNG Partners (GMLP), Apple Hospitality REIT (APLE), Energy Transfer LP Unit (ET), Mplx (MPLX), Newell Brands (NWL), AT&T (T), InfraCap MLP ETF (AMZA) and Cross Timbers Royalty Trust (CRT).

When did PermRock Royalty Trust IPO?

(PRT) raised $126 million in an initial public offering 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.

Who are PermRock Royalty Trust's major shareholders?

PermRock Royalty Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BB&T Securities LLC (0.47%), Advantage Investment Management LLC (0.24%), Crow Point Partners LLC (0.11%), Quad Cities Investment Group LLC (0.06%) and Quad Cities Investment Group LLC (0.06%). View Institutional Ownership Trends for PermRock Royalty Trust.

Which institutional investors are selling PermRock Royalty Trust stock?

PRT stock was sold by a variety of institutional investors in the last quarter, including Crow Point Partners LLC. View Insider Buying and Selling for PermRock Royalty Trust.

Which institutional investors are buying PermRock Royalty Trust stock?

PRT stock was purchased by a variety of institutional investors in the last quarter, including Advantage Investment Management LLC, BB&T Securities LLC, Quad Cities Investment Group LLC and Quad Cities Investment Group LLC. View Insider Buying and Selling for PermRock Royalty Trust.

How do I buy shares of PermRock Royalty Trust?

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

What is PermRock Royalty Trust's stock price today?

One share of PRT stock can currently be purchased for approximately $6.53.

How big of a company is PermRock Royalty Trust?

PermRock Royalty Trust has a market capitalization of $79.45 million and generates $16.24 million in revenue each year. The company earns $15.59 million in net income (profit) each year or $1.28 on an earnings per share basis. View Additional Information About PermRock Royalty Trust.

What is PermRock Royalty Trust's official website?

The official website for PermRock Royalty Trust is http://www.permrock.com/.

How can I contact PermRock Royalty Trust?

PermRock Royalty Trust's mailing address is P.O. Box 470727, FORT WORTH TX, 76147. The company can be reached via phone at 855-588-7839.


MarketBeat Community Rating for PermRock Royalty Trust (NYSE PRT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  108 (Vote Outperform)
Underperform Votes:  117 (Vote Underperform)
Total Votes:  225
MarketBeat's community ratings are surveys of what our community members think about PermRock Royalty Trust and other stocks. Vote "Outperform" if you believe PRT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PRT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/12/2019 by MarketBeat.com Staff

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