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

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

PermRock Royalty Trust announced a monthly dividend on Friday, September 20th. Investors of record on Monday, September 30th will be given a dividend of $0.07 per share on Tuesday, October 15th. This represents a $0.84 dividend on an annualized basis and a yield of 11.52%. The ex-dividend date of this dividend is Friday, September 27th. View PermRock Royalty Trust's Dividend History.

PermRock Royalty Trust (NYSE:PRT) released its quarterly earnings results on Wednesday, August, 14th. The company reported $0.22 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.22. The business had revenue of $7.83 million for the quarter, compared to the consensus estimate of $7.80 million. View PermRock Royalty Trust's Earnings History.

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

1 analysts have issued 1 year target prices for PermRock Royalty Trust's shares. Their forecasts range from $10.00 to $10.00. On average, they expect PermRock Royalty Trust's share price to reach $10.00 in the next twelve months. This suggests a possible upside of 37.2% from the stock's current price. View Analyst Price Targets 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.

Press coverage about PRT stock has been trending somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. PermRock Royalty Trust earned a news sentiment score of -1.5 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for PermRock Royalty Trust.

PermRock Royalty Trust saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 8,200 shares, a drop of 36.4% from the August 30th total of 12,900 shares. Based on an average daily volume of 45,900 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company's shares are sold short. View PermRock Royalty Trust's Current Options Chain.

Some companies that are related to PermRock Royalty Trust include Isramco (ISRL), Kimbell Royalty Partners (KRP), Extraction Oil & Gas (XOG), Primeenergy Resources (PNRG), Advantage Oil & Gas (AAVVF), Roan Resources (ROAN), Ultra Petroleum (UPL), Panhandle Oil and Gas (PHX), HighPoint Resources (HPR), Earthstone Energy (ESTE), TETRA Technologies (TTI), SandRidge Energy (SD), Unit (UNT), Montage Resources (MR) and Amplify Energy (AMPY).

Based on aggregate information from My MarketBeat watchlists, some companies that other PermRock Royalty Trust investors own include New Residential Investment (NRZ), Curaleaf (CURLF), Golar LNG Partners (GMLP), Energy Transfer LP Unit (ET), Newell Brands (NWL), AT&T (T), Mplx (MPLX), InfraCap MLP ETF (AMZA), Apple Hospitality REIT (APLE) and Cross Timbers Royalty Trust (CRT).

(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.

PermRock Royalty Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Advantage Investment Management LLC (0.24%) and Crow Point Partners LLC (0.11%). View Institutional Ownership Trends for PermRock Royalty Trust.

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.

PRT stock was bought by a variety of institutional investors in the last quarter, including Advantage Investment Management LLC. View Insider Buying and Selling for 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.

One share of PRT stock can currently be purchased for approximately $7.29.

PermRock Royalty Trust has a market capitalization of $88.72 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.

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

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.