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

Sabine Royalty Trust's stock was trading at $67.86 at the start of the year. Since then, SBR stock has decreased by 8.1% and is now trading at $62.35.
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Sabine Royalty Trust saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 19,200 shares, a decline of 31.4% from the March 15th total of 28,000 shares. Based on an average daily trading volume, of 35,900 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the company's shares are short sold.
View Sabine Royalty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our SBR earnings forecast.

Sabine Royalty Trust (NYSE:SBR) released its earnings results on Thursday, February, 29th. The energy company reported $2.30 earnings per share for the quarter. The energy company earned $34.35 million during the quarter. Sabine Royalty Trust had a trailing twelve-month return on equity of 1,059.66% and a net margin of 96.20%.

Sabine Royalty Trust declared a monthly dividend on Friday, April 5th. Shareholders of record on Monday, April 15th will be given a dividend of $0.5355 per share on Monday, April 29th. This represents a $6.43 annualized dividend and a dividend yield of 10.31%. The ex-dividend date of this dividend is Friday, April 12th. This is an increase from the stock's previous monthly dividend of $0.14.
Read our dividend analysis for SBR.

Sabine Royalty Trust (NYSE:SBR) pays an annual dividend of $6.43 per share and currently has a dividend yield of 10.02%. SBR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 103.88%. 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 Virtus Real Asset Income ETF (VRAI) and 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 American National Bank (0.25%) and Howard Financial Services LTD. (0.18%).

Shares of SBR 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.
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