Should I buy or sell PrairieSky Royalty stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PrairieSky Royalty in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PSK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSK, but not buy additional shares or sell existing shares. View PSK analyst ratings or view top-rated stocks .

What is PrairieSky Royalty's stock price target for 2024?

7 Wall Street analysts have issued 1-year target prices for PrairieSky Royalty's stock. Their PSK share price targets range from C$23.75 to C$33.00. On average, they anticipate the company's stock price to reach C$26.73 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View analysts price targets for PSK or view top-rated stocks among Wall Street analysts .

How have PSK shares performed in 2023?

PrairieSky Royalty's stock was trading at C$21.70 on January 1st, 2023. Since then, PSK shares have increased by 12.7% and is now trading at C$24.45. View the best growth stocks for 2023 here .

When is PrairieSky Royalty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 5th 2024. View our PSK earnings forecast .

How were PrairieSky Royalty's earnings last quarter?

PrairieSky Royalty Ltd. (TSE:PSK) issued its quarterly earnings data on Monday, October, 23rd. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.24 by $0.01. The company earned $133.10 million during the quarter. PrairieSky Royalty had a trailing twelve-month return on equity of 8.25% and a net margin of 45.26%.

How often does PrairieSky Royalty pay dividends? What is the dividend yield for PrairieSky Royalty?

PrairieSky Royalty announced a quarterly dividend on Tuesday, December 5th. Shareholders of record on Friday, December 29th will be paid a dividend of 0.24 per share on Monday, January 15th. This represents a $0.96 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date of this dividend is Thursday, December 28th. Read our dividend analysis for PSK .

Is PrairieSky Royalty a good dividend stock?

PrairieSky Royalty (TSE:PSK) pays an annual dividend of C$0.96 per share and currently has a dividend yield of 3.97%. PSK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 101.05%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for PSK .

What other stocks do shareholders of PrairieSky Royalty own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PrairieSky Royalty investors own include AltaGas (ALA) , Canadian Natural Resources (CNQ) , CVS Health (CVS) , ARC Resources (ARX) , Canadian National Railway (CNR) , RioCan Real Estate Investment Trust (REI.UN) , Toronto-Dominion Bank (TD) , Vermilion Energy (VET) , Inter Pipeline (IPL) and Lightspeed Commerce (LSPD) .

How do I buy shares of PrairieSky Royalty?

Shares of PSK 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 .

PrairieSky Royalty Stock Price, News & Analysis (TSE:PSK)

C$24.45

+0.22 (+0.91%)

(As of 12/8/2023 ET)

Compare

Today's Range: C$24.31
▼
C$24.75
50-Day Range: C$23.66
▼
C$25.13
52-Week Range: C$19.55
▼
C$26.90

Volume: 385,367 shs
Average Volume: 425,715 shs
Market Capitalization: C$5.84 billion

P/E Ratio: 25.74
Dividend Yield: 3.93%
Price Target: C$26.73

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

PrairieSky Royalty MarketRank™ Stock Analysis

Analyst Rating: Hold
2.43 Rating Score
Upside/Downside: 9.3% Upside
C$26.73 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.72
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
C$1.39 M Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.03 out of 5 stars

1.2

Analyst's Opinion

Consensus Rating
PrairieSky Royalty has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 3 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$26.73, PrairieSky Royalty has a forecasted upside of 9.3% from its current price of C$24.45.
Amount of Analyst Coverage
PrairieSky Royalty has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for PSK.

1.7

Dividend Strength

Dividend Leadership
PrairieSky Royalty is a leading dividend payer. It pays a dividend yield of 3.97%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
PrairieSky Royalty does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of PrairieSky Royalty is 101.05%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PSK.

2.6

News and Social Media Coverage

News Sentiment
PrairieSky Royalty has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for PrairieSky Royalty this week, compared to 0 articles on an average week.
MarketBeat Follows
Only 1 people have added PrairieSky Royalty to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PrairieSky Royalty insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$1,392,258.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 1.08% of the stock of PrairieSky Royalty is held by insiders.
Percentage Held by Institutions
69.95% of the stock of PrairieSky Royalty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of PrairieSky Royalty is 25.74, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of PrairieSky Royalty is 25.74, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 111.83.
Price to Earnings Growth Ratio
PrairieSky Royalty has a PEG Ratio of 0.47. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
PrairieSky Royalty has a P/B Ratio of 2.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PrairieSky Royalty Stock (TSE:PSK)

PrairieSky Royalty Ltd., a pure-play royalty company, holds crude oil and natural gas royalty interests in Alberta, Saskatchewan, British Columbia, and Manitoba of Canada. It holds an interest in approximately 9.7 million acres with petroleum and/or natural gas rights, 8.6 million acres of gross overriding royalty interests, and other acreage. The company was formerly known as 1786071 Alberta Ltd. and changed its name to PrairieSky Royalty Ltd. PrairieSky Royalty Ltd. was incorporated in 2013 and is headquartered in Calgary, Canada.

PSK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PSK Stock News Headlines

December 8, 2023 | americanbankingnews.com

PrairieSky Royalty Ltd. (TSE:PSK) Given Consensus Rating of "Hold" by Analysts

December 5, 2023 | finance.yahoo.com

PrairieSky Appoints Glenn McNamara to Board of Directors

December 10, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

December 3, 2023 | americanbankingnews.com

Insider Buying: PrairieSky Royalty Ltd. (TSE:PSK) Director Purchases C$743,679.00 in Stock

October 25, 2023 | finanznachrichten.de

PrairieSky Royalty Ltd.: PrairieSky Announces 2023 Third Quarter Results

October 10, 2023 | finance.yahoo.com

PrairieSky Appoints Vice-President, Business Development & Chief Commercial Officer

October 4, 2023 | finance.yahoo.com

PrairieSky Royalty Announces Conference Call For Q3 2023 Results

August 14, 2023 | finance.yahoo.com

PrairieSky Announces Leadership Change

December 10, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

July 29, 2023 | theglobeandmail.com

Closing Bell: Prairiesky Royalty Ltd up on Friday (PSK)

July 17, 2023 | ca.finance.yahoo.com

PrairieSky Royalty earns $48 million in second quarter

July 17, 2023 | theglobeandmail.com

PrairieSky Royalty earnings down at $48 million in second quarter

July 17, 2023 | msn.com

PrairieSky Royalty (TSE:PSK) Misses Q2 Estimates as Earnings Plunge YoY

July 16, 2023 | ca.finance.yahoo.com

PREKF - PrairieSky Royalty Ltd.

May 18, 2023 | theglobeandmail.com

Closing Bell: Prairiesky Royalty Ltd flat on Thursday (PSK)

May 17, 2023 | finance.yahoo.com

PrairieSky Announces Release of 2022 Sustainability Report

May 5, 2023 | theglobeandmail.com

Closing Bell: Prairiesky Royalty Ltd up on Thursday (PSK)

April 22, 2023 | msn.com

CIBC CAPITAL MARKETS Upgrades PrairieSky Royalty (TSX:PSK)

April 19, 2023 | theglobeandmail.com

Closing Bell: Prairiesky Royalty Ltd down on Wednesday (PSK)

April 19, 2023 | theglobeandmail.com

Closing Bell: Prairiesky Royalty Ltd down on Tuesday (PSK)

April 17, 2023 | msn.com

PrairieSky Royalty (TSE:PSK) Reports Mixed Q1 Results, Falling Revenues

April 17, 2023 | finance.yahoo.com

PrairieSky Announces First Quarter 2023 Results

April 7, 2023 | theglobeandmail.com

Closing Bell: Prairiesky Royalty Ltd down on Thursday (PSK)

April 6, 2023 | theglobeandmail.com

Closing Bell: Prairiesky Royalty Ltd up on Wednesday (PSK)

March 13, 2023 | msn.com

PrairieSky Royalty declares CAD 0.24 dividend

January 18, 2023 | finanznachrichten.de

PrairieSky Royalty Ltd.: PrairieSky Royalty Announces 2022 Fourth Quarter and Year-End Results

December 9, 2022 | financialpost.com

Canada Post's steep surcharges for mailing parcels may dampen holiday spirits

See More Headlines

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Company Calendar

Ex-Dividend for 10/16 Dividend: 9/28/2023
Dividend Payable: 10/16/2023
Last Earnings: 10/23/2023
Today: 12/09/2023
Ex-Dividend for 1/15 Dividend: 12/28/2023
Dividend Payable: 1/15/2024
Next Earnings (Estimated): 2/05/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Oil & Gas E&P
Sub-Industry: N/A
Sector: Energy
Current Symbol: TSE:PSK
CUSIP: N/A
CIK: N/A
Web: www.prairiesky.com
Phone: +1-587-2934000
Fax: N/A
Employees: 65
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$26.73
High Stock Price Target: C$33.00
Low Stock Price Target: C$23.75
Potential Upside/Downside: +9.3%
Consensus Rating: Hold
Rating Score (0-4): 2.43
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.95
Trailing P/E Ratio: 25.74
Forward P/E Ratio: 25.94
P/E Growth: 0.47
Net Income: C$227.50 million
Net Margins: 45.26%
Pretax Margin: N/A
Return on Equity: 8.25%
Return on Assets: 5.82%

Debt

Debt-to-Equity Ratio: 8.58
Current Ratio: 0.82
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: C$502.60 million
Price / Sales: 11.63
Cash Flow: C$0.05 per share
Price / Cash Flow: 450.00
Book Value: C$11.53 per share
Price / Book: 2.12

Miscellaneous

Outstanding Shares: 239,000,000
Free Float: N/A
Market Cap: C$5.84 billion
Optionable: Not Optionable
Beta: 1.74

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Key Executives

Mr. Andrew M. Phillips (Age 45)
President, CEO & Non-Independent Director
Comp: $1.53M
Ms. Pamela P. Kazeil
VP of Finance & CFO
Mr. Daniel V. Riva Cambrin
Controller
Mr. Daniel James Bertram CFA
VP of Business Development & Chief Commercial Officer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

PSK Stock Analysis - Frequently Asked Questions

Should I buy or sell PrairieSky Royalty stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PrairieSky Royalty in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PSK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSK, but not buy additional shares or sell existing shares.
View PSK analyst ratings or view top-rated stocks.
What is PrairieSky Royalty's stock price target for 2024?: 7 Wall Street analysts have issued 1-year target prices for PrairieSky Royalty's stock. Their PSK share price targets range from C$23.75 to C$33.00. On average, they anticipate the company's stock price to reach C$26.73 in the next year. This suggests a possible upside of 9.3% from the stock's current price.
View analysts price targets for PSK or view top-rated stocks among Wall Street analysts.
How have PSK shares performed in 2023?: PrairieSky Royalty's stock was trading at C$21.70 on January 1st, 2023. Since then, PSK shares have increased by 12.7% and is now trading at C$24.45.
View the best growth stocks for 2023 here.
When is PrairieSky Royalty's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, February 5th 2024.
View our PSK earnings forecast.
How were PrairieSky Royalty's earnings last quarter?: PrairieSky Royalty Ltd. (TSE:PSK) issued its quarterly earnings data on Monday, October, 23rd. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.24 by $0.01. The company earned $133.10 million during the quarter. PrairieSky Royalty had a trailing twelve-month return on equity of 8.25% and a net margin of 45.26%.

How often does PrairieSky Royalty pay dividends? What is the dividend yield for PrairieSky Royalty?: PrairieSky Royalty announced a quarterly dividend on Tuesday, December 5th. Shareholders of record on Friday, December 29th will be paid a dividend of 0.24 per share on Monday, January 15th. This represents a $0.96 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date of this dividend is Thursday, December 28th.
Read our dividend analysis for PSK.
Is PrairieSky Royalty a good dividend stock?: PrairieSky Royalty (TSE:PSK) pays an annual dividend of C$0.96 per share and currently has a dividend yield of 3.97%. PSK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 101.05%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PSK.
What other stocks do shareholders of PrairieSky Royalty own?: Based on aggregate information from My MarketBeat watchlists, some companies that other PrairieSky Royalty investors own include AltaGas (ALA), Canadian Natural Resources (CNQ), CVS Health (CVS), ARC Resources (ARX), Canadian National Railway (CNR), RioCan Real Estate Investment Trust (REI.UN), Toronto-Dominion Bank (TD), Vermilion Energy (VET), Inter Pipeline (IPL) and Lightspeed Commerce (LSPD).
How do I buy shares of PrairieSky Royalty?: Shares of PSK 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.

This page (TSE:PSK) was last updated on 12/10/2023 by MarketBeat.com Staff

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PrairieSky Royalty Stock Price, News & Analysis (TSE:PSK)

PrairieSky Royalty MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About PrairieSky Royalty Stock (TSE:PSK)

PSK Stock Price History

PSK Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

PSK Stock Analysis - Frequently Asked Questions

Overall MarketRank^™