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

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

PermRock Royalty Trust declared a monthly dividend on Tuesday, March 19th. Investors of record on Friday, March 29th will be given a dividend of $0.042 per share on Friday, April 12th. This represents a $0.50 annualized dividend and a dividend yield of 6.02%. The ex-dividend date of this dividend is Thursday, March 28th. This is a boost from PermRock Royalty Trust's previous monthly dividend of $0.04. View PermRock Royalty Trust's Dividend History.

PermRock Royalty Trust is scheduled to release their next quarterly earnings announcement on Wednesday, March 27th 2019. View Earnings Estimates for PermRock Royalty Trust.

4 equities research analysts have issued twelve-month target prices for PermRock Royalty Trust's stock. Their predictions range from $10.00 to $21.00. On average, they anticipate PermRock Royalty Trust's share price to reach $16.75 in the next year. This suggests a possible upside of 100.1% from the stock's current price. View Analyst Price Targets for PermRock Royalty Trust.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PermRock Royalty Trust in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PermRock Royalty Trust.

News coverage about PRT stock has trended positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. PermRock Royalty Trust earned a coverage optimism score of 2.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the stock's share price in the immediate future.

Some companies that are related to PermRock Royalty Trust include Primeenergy Resources (PNRG), Advantage Oil & Gas (AAVVF), Isramco (ISRL), SandRidge Energy (SD), TETRA Technologies (TTI), SilverBow Resources (SBOW), Panhandle Oil and Gas (PHX), Chaparral Energy (CHAP), Pengrowth Energy (PGHEF), NOSTRUM OIL & G/ADR (NSTRY), Painted Pony Energy (PDPYF), Abraxas Petroleum (AXAS), Midstates Petroleum (MPO), Halcon Resources (HK) and Amplify Energy (AMPY).

Based on aggregate information from My MarketBeat watchlists, some companies that other PermRock Royalty Trust investors own include Micron Technology (MU), New Residential Investment (NRZ), AT&T (T), Blackstone Group (BX), Golar LNG Partners (GMLP), Enterprise Products Partners (EPD), Uniti Group (UNIT), Energy Transfer LP Unit (ET), Main Street Capital (MAIN) and Viper Energy Partners (VNOM).

(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.

PermRock Royalty Trust's stock is owned by a number of of retail and institutional investors. Top institutional investors include HITE Hedge Asset Management LLC (0.44%), Stifel Financial Corp (0.42%) and BB&T Securities LLC (0.14%). View Institutional Ownership Trends for PermRock Royalty Trust.

PRT stock was sold by a variety of institutional investors in the last quarter, including HITE Hedge Asset Management LLC. View Insider Buying and Selling for PermRock Royalty Trust.

PRT stock was purchased by a variety of institutional investors in the last quarter, including Stifel Financial Corp and BB&T Securities 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, Scottrade, Fidelity and Charles Schwab.

One share of PRT stock can currently be purchased for approximately $8.37.

PermRock Royalty Trust has a market capitalization of $101.86 million.

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.