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. Stockholders 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 annualized dividend and a dividend yield of 12.27%. The ex-dividend date is Friday, September 27th. View PermRock Royalty Trust's Dividend History.

PermRock Royalty Trust (NYSE:PRT) posted its earnings results on Wednesday, August, 14th. The company reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. The company earned $7.83 million during 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 equities research analysts have issued 1-year target prices for PermRock Royalty Trust's stock. Their predictions range from $10.00 to $10.00. On average, they anticipate PermRock Royalty Trust's stock price to reach $10.00 in the next twelve months. This suggests a possible upside of 46.0% 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.

Media stories about PRT stock have trended somewhat positive on Monday, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. 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 news sentiment score of 0.8 on InfoTrie's scale. They also gave press coverage 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 stock's share price in the next several days. 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 trading volume, of 45,900 shares, the short-interest ratio is presently 0.2 days. Currently, 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), Advantage Oil & Gas (AAVVF), Primeenergy Resources (PNRG), HighPoint Resources (HPR), Roan Resources (ROAN), Ultra Petroleum (UPL), Panhandle Oil and Gas (PHX), Earthstone Energy (ESTE), TETRA Technologies (TTI), SandRidge Energy (SD), Unit (UNT), Amplify Energy (AMPY) and Pantheon Resources (PTHRF).

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 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.

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 acquired 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 $6.85.

PermRock Royalty Trust has a market capitalization of $83.34 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.