Sabine Royalty Trust Stock Price, News & Analysis (NYSE:SBR)

Sabine Royalty Trust's stock was trading at $85.45 at the beginning of 2023. Since then, SBR stock has decreased by 25.8% and is now trading at $63.40.
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Sabine Royalty Trust saw a increase in short interest during the month of October. As of October 31st, there was short interest totaling 22,800 shares, an increase of 516.2% from the October 15th total of 3,700 shares. Based on an average daily volume of 48,200 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company's stock are sold short.
View Sabine Royalty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our SBR earnings forecast.

Sabine Royalty Trust (NYSE:SBR) announced its earnings results on Thursday, May, 7th. The energy company reported $0.71 earnings per share (EPS) for the quarter. The energy company earned $11.31 million during the quarter. Sabine Royalty Trust had a trailing twelve-month return on equity of 974.95% and a net margin of 96.33%.

Sabine Royalty Trust announced a monthly dividend on Friday, November 3rd. Shareholders of record on Wednesday, November 15th will be given a dividend of $0.7208 per share on Wednesday, November 29th. This represents a $8.65 annualized dividend and a dividend yield of 13.64%. The ex-dividend date of this dividend is Tuesday, November 14th. This is an increase from the stock's previous monthly dividend of $0.28.
Read our dividend analysis for SBR.

Sabine Royalty Trust (NYSE:SBR) pays an annual dividend of $8.65 per share and currently has a dividend yield of 13.76%. SBR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 139.97%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SBR.

ETFs with the largest weight of Sabine Royalty Trust (NYSE:SBR) stock in their portfolio include Horizon Kinetics Energy and Remediation ETF (NVIR).Horizon Kinetics Inflation Beneficiaries ETF (INFL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sabine Royalty Trust investors own include AT&T (T), AGNC Investment (AGNC), Enterprise Products Partners (EPD), Energy Transfer (ET), Wells Fargo & Company (WFC), Main Street Capital (MAIN), Pembina Pipeline (PBA), ARMOUR Residential REIT (ARR), Realty Income (O) and Shaw Communications (SJR).

Sabine Royalty Trust's stock is owned by many different retail and institutional investors. Top institutional investors include Mraz Amerine & Associates Inc. (0.20%), Raymond James & Associates (0.18%), Koshinski Asset Management Inc. (0.16%), Qube Research & Technologies Ltd (0.16%), LPL Financial LLC (0.15%) and Bramshill Investments LLC (0.13%).

Shares of SBR 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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