Freehold Royalties (FRU) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Freehold Royalties in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FRU shares.
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7 Wall Street research analysts have issued 12-month price objectives for Freehold Royalties' stock. Their FRU share price forecasts range from C$17.00 to C$23.00. On average, they predict the company's stock price to reach C$19.83 in the next year. This suggests a possible upside of 44.2% from the stock's current price.
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Freehold Royalties' stock was trading at C$15.83 on January 1st, 2023. Since then, FRU shares have decreased by 13.1% and is now trading at C$13.75.
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Freehold Royalties declared a monthly dividend on Thursday, April 27th. Stockholders of record on Monday, May 15th will be paid a dividend of 0.09 per share on Monday, May 15th. This represents a $1.08 annualized dividend and a yield of 7.85%. The ex-dividend date is Thursday, April 27th.
Read our dividend analysis for FRU.

Freehold Royalties (TSE:FRU) pays an annual dividend of C$1.08 per share and currently has a dividend yield of 7.76%. FRU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 77.14%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for FRU.

Based on aggregate information from My MarketBeat watchlists, some companies that other Freehold Royalties investors own include Timbercreek Financial (TF), Emera (EMA), Bank of Nova Scotia (BNS), Canoe EIT Income Fund (ENDTF), Bank of Nova Scotia (BNS), Regal Lifestyle Communities (RLC), Pembina Pipeline (PPL), Crescent Point Energy (CPG), Royal Bank of Canada (RY).

Freehold Royalties trades on the Toronto Stock Exchange (TSX) under the ticker symbol "FRU."

Shares of FRU stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of FRU stock can currently be purchased for approximately C$13.75.

Freehold Royalties (TSE:FRU) has a market capitalization of C$2.07 billion and generates C$381.99 million in revenue each year. The company earns C$201.84 million in net income (profit) each year or C$1.40 on an earnings per share basis.

Freehold Royalties' mailing address is 400-144 4 Ave SW, CALGARY, AB T2P 3N4, Canada. The official website for the company is www.freeholdroyalties.com. The company can be reached via phone at +1-403-2210802.