PrairieSky Royalty - PSK Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PrairieSky Royalty in the last year. There are currently 5 hold ratings and 4 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.
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9 brokers have issued twelve-month price objectives for PrairieSky Royalty's stock. Their PSK share price forecasts range from C$15.50 to C$27.00. On average, they anticipate the company's share price to reach C$22.15 in the next twelve months. This suggests a possible upside of 29.5% from the stock's current price.
View analysts price targets for PSK or view top-rated stocks among Wall Street analysts.

PrairieSky Royalty's stock was trading at C$13.63 at the beginning of 2022. Since then, PSK shares have increased by 25.5% and is now trading at C$17.11.
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PrairieSky Royalty is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our PSK earnings forecast.

PrairieSky Royalty Ltd. (TSE:PSK) issued its quarterly earnings results on Monday, July, 24th. The company reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.09. The firm earned $102.20 million during the quarter.

PrairieSky Royalty declared a quarterly dividend on Tuesday, June 7th. Investors of record on Thursday, June 30th will be given a dividend of 0.12 per share on Friday, July 15th. This represents a $0.48 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date is Wednesday, June 29th.
Read our dividend analysis for PSK.

PrairieSky Royalty (TSE:PSK) pays an annual dividend of C$0.42 per share and currently has a dividend yield of 2.79%. The dividend payout ratio is 39.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PSK.

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).

PrairieSky Royalty trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PSK."

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.
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One share of PSK stock can currently be purchased for approximately C$17.11.

PrairieSky Royalty (TSE:PSK) has a market capitalization of C$4.09 billion and generates C$497.60 million in revenue each year.

PrairieSky Royalty employs 55 workers across the globe.

PrairieSky Royalty's mailing address is 1700-350 7 Ave SW, CALGARY, AB T2P 3N9, Canada. The official website for the company is www.prairiesky.com. The company can be reached via phone at +1-587-2934000.