NYSE:PRT

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

$4.08
+0.07 (+1.75%)
(As of 11:33 AM ET)
Today's Range
$4.02
$4.10
50-Day Range
$4.00
$4.56
52-Week Range
$3.99
$6.99
Volume
16,309 shs
Average Volume
41,237 shs
Market Capitalization
$49.65 million
P/E Ratio
8.00
Dividend Yield
9.07%
Price Target
N/A
PRT stock logo

About PermRock Royalty Trust Stock (NYSE:PRT)

PermRock Royalty Trust operates as a statutory trust. It owns interests in the oil and natural gas producing properties. The company's underlying properties include 22,394 net acres in the Permian Basin. The company was founded in 2017 and is based in Dallas, Texas.

PRT Stock Price History

PRT Stock News Headlines

Urgent dollar warning
Your 2024 Election Money Blueprint Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one – besides the ultra-rich – seems to feel that way. Protect yourself with this one simple move today.
PermRock Royalty Trust (PRT)
PermRock Royalty Trust Declares Monthly Cash Distribution
Urgent dollar warning
Your 2024 Election Money Blueprint Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one – besides the ultra-rich – seems to feel that way. Protect yourself with this one simple move today.
PRT - PermRock Royalty Trust
PermRock Royalty Trust declares $0.0602 dividend
PermRock Royalty Trust declares $0.093 dividend
See More Headlines
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Company Calendar

Ex-Dividend for 4/12 Dividend
3/27/2024
Last Earnings
4/01/2024
Dividend Payable
4/12/2024
Ex-Dividend for 5/14 Dividend
4/29/2024
Today
5/02/2024
Dividend Payable
5/14/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
2,020
Year Founded
N/A

Profitability

Net Income
$6.26 million
Pretax Margin
87.86%

Debt

Sales & Book Value

Annual Sales
$7.19 million
Cash Flow
$0.51 per share
Book Value
$6.24 per share

Miscellaneous

Free Float
N/A
Market Cap
$49.29 million
Optionable
Not Optionable
Beta
0.92
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PRT Stock Analysis - Frequently Asked Questions

How have PRT shares performed in 2024?

PermRock Royalty Trust's stock was trading at $4.42 at the beginning of the year. Since then, PRT shares have decreased by 9.3% and is now trading at $4.01.
View the best growth stocks for 2024 here
.

Are investors shorting PermRock Royalty Trust?

PermRock Royalty Trust saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 21,000 shares, a drop of 30.7% from the March 31st total of 30,300 shares. Based on an average daily volume of 43,600 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the shares of the stock are short sold.
View PermRock Royalty Trust's Short Interest
.

When is PermRock Royalty Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our PRT earnings forecast
.

How were PermRock Royalty Trust's earnings last quarter?

PermRock Royalty Trust (NYSE:PRT) announced its quarterly earnings data on Monday, April, 1st. The company reported $0.11 EPS for the quarter. The firm earned $1.51 million during the quarter. PermRock Royalty Trust had a trailing twelve-month return on equity of 8.03% and a net margin of 87.13%.

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, April 19th. Investors of record on Tuesday, April 30th will be paid a dividend of $0.0307 per share on Tuesday, May 14th. This represents a $0.37 annualized dividend and a dividend yield of 9.18%. The ex-dividend date of this dividend is Monday, April 29th. This is an increase from the stock's previous monthly dividend of $0.02.
Read our dividend analysis for PRT
.

Is PermRock Royalty Trust a good dividend stock?

PermRock Royalty Trust (NYSE:PRT) pays an annual dividend of $0.37 per share and currently has a dividend yield of 9.00%. PRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 72.55%. This payout ratio is at a healthy, sustainable level, below 75%.
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?

PermRock Royalty Trust (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.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PRT) was last updated on 5/2/2024 by MarketBeat.com Staff

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