Sitio Royalties (STR) Stock Price, News & Analysis

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sitio Royalties in the last twelve months. There are currently 1 sell rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" STR shares.
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5 Wall Street research analysts have issued 12 month price objectives for Sitio Royalties' stock. Their STR share price targets range from $26.00 to $32.00. On average, they expect the company's stock price to reach $29.20 in the next twelve months. This suggests a possible upside of 21.6% from the stock's current price.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
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Sitio Royalties will be holding an earnings conference call on Thursday, May 9th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Sitio Royalties Corp. (NYSE:STR) issued its quarterly earnings data on Wednesday, February, 28th. The utilities provider reported $1.12 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.96. The utilities provider earned $149.35 million during the quarter, compared to analyst estimates of $156.67 million. Sitio Royalties had a positive trailing twelve-month return on equity of 4.56% and a negative net margin of 2.62%.

Sitio Royalties declared a quarterly dividend on Wednesday, February 28th. Investors of record on Friday, March 15th will be paid a dividend of $0.51 per share on Thursday, March 28th. This represents a $2.04 dividend on an annualized basis and a yield of 8.49%. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.49.
Read our dividend analysis for STR.

Sitio Royalties (NYSE:STR) pays an annual dividend of $2.04 per share and currently has a dividend yield of 8.71%. STR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for STR.

ETFs with the largest weight of Sitio Royalties (NYSE:STR) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), Formidable ETF (FORH), Horizon Kinetics Inflation Beneficiaries ETF (INFL), First Trust DJ Global Select Dividend Index Fund (FGD), Ballast Small/Mid Cap ETF (MGMT), Opus Small Cap Value Plus ETF (OSCV), Virtus Real Asset Income ETF (VRAI) and Global X SuperDividend ETF (SDIV).

Shares of Sitio Royalties reverse split before market open on Monday, June 6th 2022. The 1-4 reverse split was announced on Monday, June 6th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, June 6th 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sitio Royalties investors own include Novavax (NVAX), Ecobalt Solutions (ECS), Co-Diagnostics (CODX), General Electric (GE), Livongo Health (LVGO), Alibaba Group (BABA), BlueLinx (BXC), Caledonia Mining (CMCL), Cree (CREE) and Civeo (CVEO).

Sitio Royalties' stock is owned by a variety of institutional and retail investors. Top institutional investors include Arden Trust Co (0.03%) and Global Assets Advisory LLC (0.02%). Insiders that own company stock include Christopher L Conoscenti and Timothy (Tim) Markwell.
View institutional ownership trends.