NYSE:PRT

PermRock Royalty Trust - PRT Stock Forecast, Price & News

$8.81

+0.01 (+0.11%)

(As of 08/17/2022 12:00 AM ET)

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Today's Range: $8.60
▼
$8.85
50-Day Range: $7.04
▼
$10.44
52-Week Range: $6.08
▼
$10.88

Volume: 18,702 shs
Average Volume: 70,506 shs
Market Capitalization: $107.22 million

P/E Ratio: 18.72
Dividend Yield: 12.39%
Price Target: N/A

PermRock Royalty Trust MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.15% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$275,700 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.52 out of 5 stars

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
0.15% 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 0.2, 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 33.78%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Leadership
PermRock Royalty Trust is a leading dividend payer. It pays a dividend yield of 12.39%, 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.

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 0.48 average news sentiment score of Oils/Energy companies.
Search Interest
15 people have searched for PRT on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added PermRock Royalty Trust to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.8

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 $275,700.00 in company stock.
Percentage Held by Institutions
Only 0.51% of the stock of PermRock Royalty Trust is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of PermRock Royalty Trust is 18.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.17.
Price to Earnings Ratio vs. Sector
The P/E ratio of PermRock Royalty Trust is 18.72, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 40.50.
Price to Book Value per Share Ratio
PermRock Royalty Trust has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PermRock Royalty Trust (NYSE:PRT) Stock

PermRock Royalty Trust owns 80% net profits interest in the oil and natural gas production properties acquired by Boaz Energy II, LLC in Permian Basin, Texas. Its underlying properties comprising 22,997 net acres, which include 2,434 net acres on the Central Basin Platform of the Permian Basin in Hockley and Terry counties, Texas; 1,667 net acres on the Central Basin Platform of the Permian Basin in Terry and Cochran counties, Texas; 14,727 net acres on the Eastern Shelf of the Permian Basin in Glasscock, Schleicher, Stonewall, and Coke counties, Texas; and 4,169 net acres on the Central Basin Platform of the Permian Basin in Ward, Crane, Terry, and Ector counties, Texas. The company was founded in 2017 and is based in Fort Worth, Texas.

PermRock Royalty Trust Stock Performance

PRT opened at $8.80 on Wednesday. The business has a 50 day moving average of $8.51 and a 200-day moving average of $8.94. PermRock Royalty Trust has a 52 week low of $6.08 and a 52 week high of $10.88.

PermRock Royalty Trust (NYSE:PRT - Get Rating) last released its earnings results on Monday, May 16th. The company reported $0.21 EPS for the quarter. The company had revenue of $2.79 million during the quarter. PermRock Royalty Trust had a return on equity of 9.62% and a net margin of 84.15%.

PermRock Royalty Trust Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 12th. Shareholders of record on Friday, July 29th were paid a dividend of $0.0907 per share. This represents a $1.09 dividend on an annualized basis and a yield of 12.37%. The ex-dividend date of this dividend was Thursday, July 28th.

Insider Buying and Selling at PermRock Royalty Trust

In other PermRock Royalty Trust news, major shareholder Boaz Energy Ii, Llc sold 5,000 shares of PermRock Royalty Trust stock in a transaction on Tuesday, May 31st. The stock was sold at an average price of $10.02, for a total transaction of $50,100.00. Following the completion of the transaction, the insider now owns 5,776,675 shares in the company, valued at $57,882,283.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders sold 30,000 shares of company stock worth $275,700.

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PRT Stock News Headlines

June 24, 2022 | benzinga.com

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

June 17, 2022 | seekingalpha.com

PermRock Royalty Trust declines 1% to $0.1001

May 24, 2022 | seekingalpha.com

PermRock Royalty Trust declares $0.1011 dividend

May 4, 2022 | finance.yahoo.com

The Market Doesn't Like What It Sees From PermRock Royalty Trust's (NYSE:PRT) Earnings Yet

April 1, 2022 | finance.yahoo.com

Plyrotech Announces Late Filing of Annual Financial Statements and Management Cease Trade Order

March 27, 2022 | finance.yahoo.com

Should You Be Concerned About PermRock Royalty Trust's (NYSE:PRT) ROE?

March 21, 2022 | seekingalpha.com

PermRock Royalty Trust declares $0.071 dividend

February 19, 2022 | seekingalpha.com

PermRock Royalty Trust cuts dividend by 6% to $0.0661

January 24, 2022 | nasdaq.com

PermRock Royalty Trust (NYSE:PRT) Has Announced That It Will Be Increasing Its Dividend To US$0.071

January 21, 2022 | seekingalpha.com

PermRock Royalty Trust declares $0.0706 dividend

December 25, 2021 | finance.yahoo.com

We Wouldn't Be Too Quick To Buy PermRock Royalty Trust (NYSE:PRT) Before It Goes Ex-Dividend

December 23, 2021 | finance.yahoo.com

PermRock Royalty Trust's (NYSE:PRT) Shareholders Will Receive A Bigger Dividend Than Last Year

December 7, 2021 | nasdaq.com

PermRock Royalty Trust (NYSE:PRT) Will Be Hoping To Turn Its Returns On Capital Around

November 26, 2021 | seekingalpha.com

PermRock Royalty Trust goes ex-dividend on Monday

November 18, 2021 | finance.yahoo.com

PermRock Royalty Trust (NYSE:PRT) Is Finding It Tricky To Allocate Its Capital

September 24, 2021 | nasdaq.com

Is PermRock Royalty Trust's (NYSE:PRT) 4.3% ROE Worse Than Average?

September 24, 2021 | finance.yahoo.com

Should PermRock Royalty Trust (NYSE:PRT) Focus On Improving This Fundamental Metric?

May 22, 2021 | nasdaq.com

Why It Might Not Make Sense To Buy PermRock Royalty Trust (NYSE:PRT) For Its Upcoming Dividend

May 19, 2021 | nasdaq.com

PermRock Royalty Trust (NYSE:PRT) Could Be At Risk Of Shrinking As A Company

April 22, 2021 | seekingalpha.com

PermRock Royalty Trust declares $0.0446 dividend

March 24, 2021 | finance.yahoo.com

PermRock Royalty Trust (NYSE:PRT) May Have Issues Allocating Its Capital

March 21, 2021 | seekingalpha.com

PermRock Royalty Trust declares $0.0465 dividend

February 16, 2021 | seekingalpha.com

PermRock Royalty Trust declares $0.0237 dividend

January 23, 2021 | finance.yahoo.com

Here's Why We're Wary Of Buying PermRock Royalty Trust's (NYSE:PRT) For Its Upcoming Dividend

November 23, 2020 | finance.yahoo.com

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

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PRT Company Calendar

Ex-Dividend for 7/15 Dividend: 6/29/2022
Dividend Payable: 7/15/2022
Ex-Dividend for 8/12 Dividend: 7/28/2022
Dividend Payable: 8/12/2022
Today: 8/17/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Sector: Oils/Energy
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): N/A
Trailing P/E Ratio: 18.72
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $7.37 million
Net Margins: 84.15%
Pretax Margin: 93.44%
Return on Equity: 9.62%
Return on Assets: 9.42%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.16
Quick Ratio: 2.16

Sales & Book Value

Annual Sales: $8.14 million
Price / Sales: 13.17
Cash Flow: $0.61 per share
Price / Cash Flow: 14.53
Book Value: $6.89 per share
Price / Book: 1.28

Miscellaneous

Outstanding Shares: 12,170,000
Free Float: N/A
Market Cap: $107.22 million
Optionable: Not Optionable
Beta: 1.29

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 - Frequently Asked Questions

How have PRT shares performed in 2022?: PermRock Royalty Trust's stock was trading at $7.00 at the beginning of the year. Since then, PRT stock has increased by 25.9% and is now trading at $8.81.
View the best growth stocks for 2022 here.
Are investors shorting PermRock Royalty Trust?: PermRock Royalty Trust saw a increase in short interest in July. As of July 31st, there was short interest totaling 9,900 shares, an increase of 33.8% from the July 15th total of 7,400 shares. Based on an average trading volume of 62,200 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the company's shares are short sold.
View PermRock Royalty Trust's Short Interest.
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 Wednesday, July 20th. Investors of record on Friday, July 29th will be paid a dividend of $0.0907 per share on Friday, August 12th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 12.35%. The ex-dividend date is Thursday, July 28th.
Read our dividend analysis for PRT.
Is PermRock Royalty Trust a good dividend stock?: PermRock Royalty Trust (NYSE:PRT) pays an annual dividend of $1.09 per share and currently has a dividend yield of 12.39%. PRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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?: (PRT) raised $126 million in an IPO on Wednesday, May 2nd 2018. The company issued 6,300,000 shares at a price of $19.00-$21.00 per share. Wells Fargo Securities, Goldman Sachs, UBS Investment Bank, Deutsche Bank Securities, Jefferies, Stifel and Oppenheimer acted as the underwriters for the IPO and BB&T Capital Markets and Janney Montgomery Scott were co-managers.

What is PermRock Royalty Trust's stock symbol?: PermRock Royalty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRT."
Who are PermRock Royalty Trust's major shareholders?: PermRock Royalty Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Virtu Financial LLC (0.00%).
View institutional ownership trends.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is PermRock Royalty Trust's stock price today?: One share of PRT stock can currently be purchased for approximately $8.81.
How much money does PermRock Royalty Trust make?: PermRock Royalty Trust (NYSE:PRT) has a market capitalization of $107.22 million and generates $8.14 million in revenue each year.
How many employees does PermRock Royalty Trust have?: The company employs 2,020 workers across the globe.
How can I contact PermRock Royalty Trust?: PermRock Royalty Trust's mailing address is P.O. Box 470727, FORT WORTH TX, 76147. The official website for the company is www.permrock.com. The company can be reached via phone at (855) 588-7839 or via fax at 817-298-5579.

This page (NYSE:PRT) was last updated on 8/17/2022 by MarketBeat.com Staff

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PermRock Royalty Trust - PRT Stock Forecast, Price & News

PermRock Royalty Trust MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month