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

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$9.05 +0.12 (+1.34 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$8.93
Today's Range$8.90 - $9.09
52-Week Range$5.45 - $16.69
Volume22,385 shs
Average Volume102,502 shs
Market Capitalization$110.10 million
P/E RatioN/A
Dividend Yield11.76%
BetaN/A
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.

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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 SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$110.10 million
Next Earnings Date2/27/2019 (Estimated)
OptionableNot Optionable

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 announced a monthly dividend on Friday, February 15th. Investors of record on Thursday, February 28th will be paid a dividend of $0.041 per share on Thursday, March 14th. This represents a $0.49 dividend on an annualized basis and a yield of 5.44%. The ex-dividend date is Wednesday, February 27th. View PermRock Royalty Trust's Dividend History.

When is PermRock Royalty Trust's next earnings date?

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

What price target have analysts set for PRT?

4 analysts have issued 12-month price objectives for PermRock Royalty Trust's stock. Their forecasts range from $10.00 to $21.00. On average, they expect PermRock Royalty Trust's share price to reach $16.75 in the next twelve months. This suggests a possible upside of 85.1% from the stock's current price. View Analyst Price Targets for PermRock Royalty Trust.

What is the consensus analysts' recommendation 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.

Has PermRock Royalty Trust been receiving favorable news coverage?

Media stories about PRT stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. PermRock Royalty Trust earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days.

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 New Residential Investment (NRZ), Uniti Group (UNIT), AT&T (T), Golar LNG Partners (GMLP), Micron Technology (MU), Blackstone Group (BX), Main Street Capital (MAIN), Enterprise Products Partners (EPD), Viper Energy Partners (VNOM) and Kraft Heinz (KHC).

When did PermRock Royalty Trust IPO?

(PRT) raised $126 million in an initial public offering (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 acted 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 institutional and retail investors. Top institutional shareholders 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.

Which major investors are selling PermRock Royalty Trust stock?

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.

Which major investors are buying PermRock Royalty Trust stock?

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.

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, Scottrade, Fidelity and Charles Schwab.

What is PermRock Royalty Trust's stock price today?

One share of PRT stock can currently be purchased for approximately $9.05.

How big of a company is PermRock Royalty Trust?

PermRock Royalty Trust has a market capitalization of $110.10 million.

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:  72 (Vote Outperform)
Underperform Votes:  75 (Vote Underperform)
Total Votes:  147
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 2/23/2019 by MarketBeat.com Staff

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