Paramount Resources (PRMRF) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Paramount Resources in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PRMRF shares.
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1 brokerages have issued 1-year price targets for Paramount Resources' stock. Their PRMRF share price forecasts range from $10.00 to $16.75. On average, they expect the company's stock price to reach $13.31 in the next twelve months. This suggests that the stock has a possible downside of 43.6%.
View analysts price targets for PRMRF or view top-rated stocks among Wall Street analysts.

Paramount Resources' stock was trading at $21.15 at the beginning of the year. Since then, PRMRF shares have increased by 11.6% and is now trading at $23.61.
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Paramount Resources saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 334,500 shares, a decline of 25.5% from the August 15th total of 449,100 shares. Based on an average daily trading volume, of 23,300 shares, the days-to-cover ratio is currently 14.4 days.
View Paramount Resources' Short Interest.

Paramount Resources Ltd. (OTCMKTS:PRMRF) announced its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.37 EPS for the quarter. The firm had revenue of $278.75 million for the quarter. Paramount Resources had a trailing twelve-month return on equity of 4.63% and a net margin of 14.06%.

Paramount Resources declared a dividend on Saturday, September 9th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.0924 per share on Friday, September 29th. This represents a dividend yield of 4.6%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for PRMRF.

Paramount Resources (OTCMKTS:PRMRF) pays an annual dividend of $1.11 per share and currently has a dividend yield of 4.70%. PRMRF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 74.50%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PRMRF.

Paramount Resources trades on the OTCMKTS under the ticker symbol "PRMRF."

Shares of PRMRF 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 PRMRF stock can currently be purchased for approximately $23.61.

Paramount Resources (OTCMKTS:PRMRF) has a market capitalization of $3.39 billion and generates $1.73 billion in revenue each year. The company earns $523.52 million in net income (profit) each year or $1.49 on an earnings per share basis.

The company employs 526 workers across the globe.

Paramount Resources' mailing address is 421 SEVENTH AVENUE SW SUITE 2800, CALGARY A0, T2P 4K9. The official website for the company is www.paramountres.com. The company can be reached via phone at (403) 290-2940, via email at info@paramountres.com, or via fax at 403-262-7994.