PrairieSky Royalty - PSK Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PrairieSky Royalty in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PSK shares.
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10 Wall Street analysts have issued 12-month price targets for PrairieSky Royalty's stock. Their PSK share price forecasts range from C$18.50 to C$30.00. On average, they anticipate the company's stock price to reach C$23.40 in the next twelve months. This suggests a possible upside of 9.7% from the stock's current price.
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PrairieSky Royalty's stock was trading at C$13.63 at the beginning of 2022. Since then, PSK shares have increased by 56.5% and is now trading at C$21.33.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our PSK earnings forecast.

PrairieSky Royalty Ltd. (TSE:PSK) announced its earnings results on Monday, October, 24th. The company reported $0.32 EPS for the quarter. The company earned $154.70 million during the quarter.

PrairieSky Royalty announced a quarterly dividend on Monday, September 12th. Shareholders of record on Friday, September 30th will be paid a dividend of 0.12 per share on Friday, October 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date is Wednesday, September 28th.
Read our dividend analysis for PSK.

PrairieSky Royalty (TSE:PSK) pays an annual dividend of C$0.45 per share and currently has a dividend yield of 4.39%. PSK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 36.29%. 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$21.33.

PrairieSky Royalty (TSE:PSK) has a market capitalization of C$5.09 billion and generates C$568.50 million in revenue each year.

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.