TSE:FRU

Freehold Royalties - FRU Stock Forecast, Price & News

C$13.74

-0.10 (-0.72%)

(As of 08/16/2022 11:49 AM ET)

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Today's Range: C$13.74
▼
C$14.14
50-Day Range: C$11.85
▼
C$16.65
52-Week Range: C$8.15
▼
C$17.00

Volume: 229,842 shs
Average Volume: 844,716 shs
Market Capitalization: C$2.07 billion

P/E Ratio: 12.61
Dividend Yield: 7.80%
Price Target: C$19.00

About Freehold Royalties (TSE:FRU) Stock

Freehold Royalties Ltd., an oil and gas royalty company, owns working interests in oil, natural gas, natural gas liquids, and potash properties in Western Canada and the United States. The company holds approximately 6.2 million gross acres of land in Canada and 0.8 million gross drilling unit acres in the United States. It has royalty interests in approximately 15,000 producing wells and receives royalty from approximately 350 industry operators in North America. The company was founded in 1996 and is headquartered in Calgary, Canada.

Analyst Ratings Changes

FRU has been the subject of a number of analyst reports. Acumen Capital cut their price objective on shares of Freehold Royalties from C$21.00 to C$20.00 and set a "buy" rating for the company in a research report on Wednesday, May 11th. Raymond James lifted their target price on shares of Freehold Royalties from C$20.00 to C$21.00 and gave the company an "outperform" rating in a research report on Tuesday, July 5th. National Bankshares dropped their target price on shares of Freehold Royalties from C$22.00 to C$20.00 and set an "outperform" rating for the company in a research report on Monday, July 18th. CIBC dropped their target price on shares of Freehold Royalties from C$19.00 to C$18.00 and set a "neutral" rating for the company in a research report on Wednesday, August 10th. Finally, Cormark lifted their target price on shares of Freehold Royalties from C$19.00 to C$21.00 and gave the company a "buy" rating in a research report on Friday, July 8th. One research analyst has rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, Freehold Royalties presently has an average rating of "Moderate Buy" and an average target price of C$18.69.

Freehold Royalties Trading Down 1.8 %

FRU Stock opened at C$13.84 on Tuesday. The company has a market capitalization of C$2.08 billion and a PE ratio of 12.70. Freehold Royalties has a one year low of C$8.15 and a one year high of C$17.00. The company's 50 day moving average price is C$13.69 and its two-hundred day moving average price is C$14.31. The company has a debt-to-equity ratio of 9.46, a quick ratio of 2.11 and a current ratio of 2.54.

Freehold Royalties Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, August 15th. Investors of record on Monday, August 15th were paid a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 6.94%. The ex-dividend date was Thursday, July 28th. Freehold Royalties's payout ratio is 68.81%.

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FRU Stock News Headlines

August 14, 2022 | seekingalpha.com

Freehold Royalties: Still Steady As She Goes In The O&G Sector

August 14, 2022 | americanbankingnews.com

ATB Capital Cuts Freehold Royalties (TSE:FRU) Price Target to C$19.50

August 13, 2022 | americanbankingnews.com

Freehold Royalties (TSE:FRU) Price Target Cut to C$18.00

August 10, 2022 | msn.com

For the 7th Time in Under 2 Years, Freehold Royalties Stock Increases its Dividend

August 9, 2022 | finance.yahoo.com

Are Freehold Royalties Ltd.'s (TSE:FRU) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

August 9, 2022 | finance.yahoo.com

Freehold Royalties Announces Second Quarter Results and Increases Dividend

August 5, 2022 | americanbankingnews.com

Analysts Set Freehold Royalties Ltd. (TSE:FRU) Price Target at C$18.11

August 5, 2022 | americanbankingnews.com

Freehold Royalties Ltd. (TSE:FRU) Receives C$18.11 Average Target Price from Analysts

August 3, 2022 | ca.finance.yahoo.com

Top TSX Stocks to Buy in August 2022

August 1, 2022 | msn.com

2 Top TSX Commodities Stocks to Buy in August

July 28, 2022 | americanbankingnews.com

Freehold Royalties (TSE:FRU) Given New C$23.00 Price Target at Haywood Securities

July 7, 2022 | ca.finance.yahoo.com

Stocks in play: Freehold Royalties Ltd.

July 7, 2022 | seekingalpha.com

Freehold Royalties: Attractive Dividend Payer On Sale

July 7, 2022 | finance.yahoo.com

Freehold Royalties Ltd. enters into Agreements to Acquire U.S. Midland Basin and Eagle Ford Basin Assets for CAD$155 million

June 12, 2022 | finance.yahoo.com

Great news for Freehold Royalties Ltd. (TSE:FRU): Insiders acquired stock in large numbers last year

June 7, 2022 | theglobeandmail.com

Tuesday’s breakouts: This momentum stock has one of the highest yields on the TSX

May 25, 2022 | finance.yahoo.com

Here's Why I Think Freehold Royalties (TSE:FRU) Might Deserve Your Attention Today

May 13, 2022 | msn.com

Passive Income the Easy Way: Buy These 3 Dividend Stocks

May 11, 2022 | msn.com

Passive-Income Investing: How to Make Over $105/Week TAX FREE in Your Sleep

May 5, 2022 | theglobeandmail.com

Instrument Name Freehold Royalties Ltd Instrument Symbol (FRU-T)

April 30, 2022 | seekingalpha.com

Freehold Royalties: A 6.5% Yield, Even At $75 WTI

April 23, 2022 | ca.finance.yahoo.com

5 Reasons I Just Bought Freehold (TSX:FRU) Stock

April 23, 2022 | msn.com

Passive-Income Investing: How to Generate $15/Day TAX FREE in 2022

April 17, 2022 | finance.yahoo.com

How Much Of Freehold Royalties Ltd. (TSE:FRU) Do Institutions Own?

April 5, 2022 | msn.com

Passive Income: How to Earn $10 in Dividends Every Day

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FRU Company Calendar

Ex-Dividend for 8/15 Dividend: 7/28/2022
Dividend Payable: 8/15/2022
Today: 8/16/2022
Next Earnings (Estimated): 11/08/2022

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Oil & Gas E&P
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: TSE:FRU
CUSIP: N/A
CIK: N/A
Web: www.freeholdroyalties.com
Phone: +1-403-2210802
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$19.00
High Stock Price Forecast: C$23.00
Low Stock Price Forecast: C$15.00
Forecasted Upside/Downside: +38.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.91
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 12.61
Forward P/E Ratio: 10.82
P/E Growth: -0.84
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 9.46
Current Ratio: 2.54
Quick Ratio: 2.11

Sales & Book Value

Annual Sales: C$319.92 million
Price / Sales: 6.47
Cash Flow: C$0.01 per share
Price / Cash Flow: 1,280.91
Book Value: C$6.16 per share
Price / Book: 2.23

Miscellaneous

Outstanding Shares: 150,640,000
Free Float: N/A
Market Cap: C$2.07 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. David Michael Spyker (Age 58)
Pres, CEO & Director
Comp: $334.88k
Mr. David Warren Hendry
VP of Fin. & CFO
Mr. Robert Alexander King
Vice-Pres of Bus. Devel.
Matt J. Donohue
Mang. of Investor Relations & Capital Markets
Ms. Karen C. Taylor
Corp. Sec.
Mr. Michael J. Mogan
Controller

Key Competitors

View All Competitors

FRU Stock - Frequently Asked Questions

Should I buy or sell Freehold Royalties stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Freehold Royalties in the last twelve months. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FRU shares.
View FRU analyst ratings or view top-rated stocks.
What is Freehold Royalties' stock price forecast for 2022?: 11 equities research analysts have issued twelve-month price objectives for Freehold Royalties' stock. Their FRU share price forecasts range from C$15.00 to C$23.00. On average, they anticipate the company's stock price to reach C$19.00 in the next year. This suggests a possible upside of 37.3% from the stock's current price.
View analysts price targets for FRU or view top-rated stocks among Wall Street analysts.
How have FRU shares performed in 2022?: Freehold Royalties' stock was trading at C$11.65 on January 1st, 2022. Since then, FRU stock has increased by 18.8% and is now trading at C$13.84.
View the best growth stocks for 2022 here.
When is Freehold Royalties' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our FRU earnings forecast.
How often does Freehold Royalties pay dividends? What is the dividend yield for Freehold Royalties?: Freehold Royalties declared a monthly dividend on Thursday, July 28th. Investors of record on Monday, August 15th will be paid a dividend of 0.08 per share on Monday, August 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.94%. The ex-dividend date is Thursday, July 28th.
Read our dividend analysis for FRU.

Is Freehold Royalties a good dividend stock?: Freehold Royalties (TSE:FRU) pays an annual dividend of C$0.75 per share and currently has a dividend yield of 7.67%. FRU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 68.81%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for FRU.
What other stocks do shareholders of Freehold Royalties own?: 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).
What is Freehold Royalties' stock symbol?: Freehold Royalties trades on the Toronto Stock Exchange (TSX) under the ticker symbol "FRU."
How do I buy shares of Freehold Royalties?: 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.
Compare Top Brokerages Here.
What is Freehold Royalties' stock price today?: One share of FRU stock can currently be purchased for approximately C$13.84.
How much money does Freehold Royalties make?: Freehold Royalties (TSE:FRU) has a market capitalization of C$2.08 billion and generates C$319.92 million in revenue each year.
How can I contact Freehold Royalties?: 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.

This page (TSE:FRU) was last updated on 8/16/2022 by MarketBeat.com Staff

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