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 28.1% and is now trading at $2.41.
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Permianville Royalty Trust saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 258,300 shares, an increase of 19.9% from the April 30th total of 215,500 shares. Based on an average trading volume of 166,300 shares, the short-interest ratio is currently 1.6 days. Approximately 1.1% of the shares of the stock are short sold.
View Permianville Royalty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our PVL earnings forecast.

Permianville Royalty Trust (NYSE:PVL) released its earnings results on Monday, May, 15th. The company reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $14.20 million for the quarter. Permianville Royalty Trust had a trailing twelve-month return on equity of 24.45% and a net margin of 29.41%.

Permianville Royalty Trust announced a monthly dividend on Monday, May 15th. Shareholders of record on Wednesday, May 31st will be paid a dividend of $0.0135 per share on Wednesday, June 14th. This represents a $0.16 annualized dividend and a dividend yield of 6.72%. The ex-dividend date is Tuesday, May 30th.
Read our dividend analysis for PVL.

Permianville Royalty Trust (NYSE:PVL) pays an annual dividend of $0.36 per share and currently has a dividend yield of 14.69%. PVL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
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 variety of institutional and retail investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (0.10%), Foundations Investment Advisors LLC (0.07%), Northstar Advisory Group LLC (0.03%), Group One Trading L.P. (0.00%) and Simplex Trading 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 $2.41.

Permianville Royalty Trust (NYSE:PVL) has a market capitalization of $79.53 million and generates $15.03 million in revenue each year.

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.