Permianville Royalty Trust (PVL) Stock Forecast, Price & News

Permianville Royalty Trust's stock was trading at $3.35 at the beginning of the year. Since then, PVL stock has decreased by 25.7% and is now trading at $2.49.
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Permianville Royalty Trust saw a increase in short interest in the month of August. As of August 15th, there was short interest totaling 107,500 shares, an increase of 22.7% from the July 31st total of 87,600 shares. Based on an average daily volume of 120,900 shares, the short-interest ratio is currently 0.9 days. Currently, 0.5% of the shares of the company are short sold.
View Permianville Royalty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our PVL earnings forecast.

Permianville Royalty Trust (NYSE:PVL) posted its quarterly earnings results on Monday, August, 14th. The company reported $0.06 earnings per share (EPS) for the quarter. The business earned $11.33 million during the quarter. Permianville Royalty Trust had a net margin of 23.82% and a trailing twelve-month return on equity of 23.97%.

Permianville Royalty Trust declared a monthly dividend on Monday, September 18th. Investors of record on Friday, September 29th will be paid a dividend of $0.0037 per share on Friday, October 13th. This represents a $0.04 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Thursday, September 28th.
Read our dividend analysis for PVL.

Permianville Royalty Trust (NYSE:PVL) pays an annual dividend of $0.11 per share and currently has a dividend yield of 4.34%. PVL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 25.58%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PVL.

Based on aggregate information from My MarketBeat watchlists, some companies that other Permianville Royalty Trust investors own include AbbVie (ABBV), Orchid Island Capital (ORC), Oxford Lane Capital (OXLC), Vermilion Energy (VET), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Energy Transfer (ET), Great Elm Capital (GECC) and Alliance Resource Partners (ARLP).

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

Permianville Royalty Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wells Fargo & Company MN (2.72%), Two Sigma Securities LLC (0.06%) and Citadel Advisors LLC (0.00%).
View institutional ownership trends.

Shares of PVL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PVL stock can currently be purchased for approximately $2.49.

Permianville Royalty Trust (NYSE:PVL) has a market capitalization of $82.17 million and generates $62.15 million in revenue each year. The company earns $13.48 million in net income (profit) each year or $0.43 on an earnings per share basis.

The company employs 2,020 workers across the globe.

Permianville Royalty Trust's mailing address is 601 Travis Street 16th Floor, Houston TX, 77002. The official website for the company is www.permianvilleroyaltytrust.com. The company can be reached via phone at (512) 236-6555.