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

$7.09
-0.11 (-1.53 %)
(As of 10/17/2019 04:00 PM ET)
Today's Range
$7.08
Now: $7.09
$7.44
50-Day Range
$6.98
MA: $7.62
$8.40
52-Week Range
$5.45
Now: $7.09
$12.89
Volume32,600 shs
Average Volume54,103 shs
Market Capitalization$86.26 million
P/E Ratio5.54
Dividend Yield11.67%
Beta1.86
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.

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 Sales$16.24 million

Profitability

Net Income$15.59 million

Miscellaneous

EmployeesN/A
Market Cap$86.26 million
Next Earnings Date11/13/2019 (Estimated)
OptionableNot Optionable

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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, September 20th. Investors of record on Monday, September 30th will be paid a dividend of $0.07 per share on Tuesday, October 15th. This represents a $0.84 annualized dividend and a yield of 11.85%. The ex-dividend date of this dividend is Friday, September 27th. View PermRock Royalty Trust's Dividend History.

How were PermRock Royalty Trust's earnings last quarter?

PermRock Royalty Trust (NYSE:PRT) announced its quarterly earnings data on Wednesday, August, 14th. The company reported $0.22 earnings per share for the quarter, meeting the consensus estimate of $0.22. The firm earned $7.83 million during the quarter, compared to the consensus estimate of $7.80 million. View PermRock Royalty Trust's Earnings History.

When is PermRock Royalty Trust's next earnings date?

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

What price target have analysts set for PRT?

1 brokerages have issued twelve-month 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 stock price to reach $10.00 in the next year. This suggests a possible upside of 41.0% from the stock's current price. View Analyst Price Targets for PermRock Royalty Trust.

What is the consensus analysts' recommendation 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.

Has PermRock Royalty Trust been receiving favorable news coverage?

Media headlines about PRT stock have trended somewhat negative on Thursday, according to InfoTrie. The research group 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 closest to five being the most favorable. PermRock Royalty Trust earned a coverage optimism score of -1.9 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for PermRock Royalty Trust.

Are investors shorting PermRock Royalty Trust?

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

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), 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).

When did PermRock Royalty Trust IPO?

(PRT) raised $126 million in an initial public offering 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.

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 investors include Advantage Investment Management LLC (0.24%) and Crow Point Partners LLC (0.11%). View Institutional Ownership Trends for PermRock Royalty Trust.

Which institutional investors are selling PermRock Royalty Trust stock?

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.

Which institutional investors are buying PermRock Royalty Trust stock?

PRT stock was purchased by a variety of institutional investors in the last quarter, including Advantage Investment Management 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, Robinhood, Fidelity and Charles Schwab.

What is PermRock Royalty Trust's stock price today?

One share of PRT stock can currently be purchased for approximately $7.09.

How big of a company is PermRock Royalty Trust?

PermRock Royalty Trust has a market capitalization of $86.26 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.

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:  104 (Vote Outperform)
Underperform Votes:  115 (Vote Underperform)
Total Votes:  219
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 10/17/2019 by MarketBeat.com Staff

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