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S&P 500   4,280.15
DOW   33,761.05
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Sinema took Wall Street money while killing tax on investors
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
The Financial Day of Reckoning Has Begun (Ad)
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
The Financial Day of Reckoning Has Begun (Ad)
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
The Financial Day of Reckoning Has Begun (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
The Financial Day of Reckoning Has Begun (Ad)
Germans urged to cap heat in offices this winter to save gas
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
The Financial Day of Reckoning Has Begun (Ad)
TSE:PSK

PrairieSky Royalty - PSK Stock Forecast, Price & News

C$17.18
-0.05 (-0.29%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
C$17.10
C$17.30
50-Day Range
C$15.31
C$19.98
52-Week Range
C$12.75
C$20.42
Volume
210,823 shs
Average Volume
606,130 shs
Market Capitalization
C$4.10 billion
P/E Ratio
16.06
Dividend Yield
2.79%
Price Target
C$22.15

PrairieSky Royalty MarketRank™ Forecast

Analyst Rating
Hold
2.44 Rating Score
Upside/​Downside
29.0% Upside
C$22.15 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
C$126,648 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.

2.32 out of 5 stars

PSK stock logo

About PrairieSky Royalty (TSE:PSK) Stock

PrairieSky Royalty Ltd. holds crude oil and natural gas royalty interests in Alberta, Saskatchewan, British Columbia, and Manitoba of Canada. It holds an interest in approximately 9.8 million acres with petroleum and/or natural gas rights; 8.5 million acres of gross overriding royalty interests; approximately 0.3 million acres of the GRT interests; and other acreage. The company was incorporated in 2013 and is headquartered in Calgary, Canada.

PrairieSky Royalty Stock Down 0.3 %

PrairieSky Royalty stock traded down C$0.05 during midday trading on Friday, reaching C$17.18. The company's stock had a trading volume of 210,823 shares, compared to its average volume of 606,130. The business has a 50-day simple moving average of C$17.38 and a 200-day simple moving average of C$17.50. The company has a market cap of C$4.10 billion and a P/E ratio of 16.06. PrairieSky Royalty has a fifty-two week low of C$12.75 and a fifty-two week high of C$20.42. The company has a quick ratio of 1.14, a current ratio of 1.16 and a debt-to-equity ratio of 17.37.

PrairieSky Royalty Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Thursday, June 30th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.79%. The ex-dividend date of this dividend was Wednesday, June 29th. PrairieSky Royalty's payout ratio is currently 39.25%.

Analyst Upgrades and Downgrades

PSK has been the subject of a number of analyst reports. BMO Capital Markets upped their price objective on shares of PrairieSky Royalty from C$23.00 to C$25.00 in a report on Tuesday, July 19th. Raymond James upped their price objective on PrairieSky Royalty from C$26.00 to C$27.00 and gave the company an "outperform" rating in a report on Tuesday, July 5th. National Bankshares reduced their target price on PrairieSky Royalty from C$27.00 to C$25.00 and set a "sector perform" rating on the stock in a research report on Monday, July 18th. CIBC increased their price target on PrairieSky Royalty from C$24.00 to C$26.00 and gave the stock an "outperform" rating in a report on Tuesday, July 19th. Finally, Scotiabank lifted their price target on shares of PrairieSky Royalty from C$20.00 to C$21.00 in a research report on Wednesday, June 8th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, PrairieSky Royalty presently has an average rating of "Hold" and a consensus target price of C$21.93.

Insider Activity

In related news, Senior Officer Andrew Phillips bought 7,000 shares of the stock in a transaction on Wednesday, July 20th. The shares were bought at an average cost of C$18.09 per share, for a total transaction of C$126,648.20. Following the purchase, the insider now owns 662,204 shares of the company's stock, valued at approximately C$11,980,992.09.

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PSK Stock News Headlines

Prairiesky Royalty Ltd stock dipped on Tuesday.
Sell every Stock except ONE
Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...
PrairieSky Royalty (TSE:PSK) PT Raised to C$24.00
PrairieSky Royalty (TSE:PSK) PT Raised to C$25.00
Sell every Stock except ONE
Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...
Prairiesky Royalty Ltd stock dipped on Friday.
3 of the Best TSX Stocks to Buy This Week
See More Headlines
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PSK Company Calendar

Last Earnings
7/24/2017
Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Today
8/13/2022
Next Earnings (Estimated)
10/24/2022

Industry, Sector and Symbol

Industry
Aerospace/Defense - Major Diversified
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
55
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$22.15
High Stock Price Forecast
C$27.00
Low Stock Price Forecast
C$15.50
Forecasted Upside/Downside
+29.0%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
9 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$497.60 million
Cash Flow
C$0.04 per share
Book Value
C$11.35 per share

Miscellaneous

Free Float
N/A
Market Cap
C$4.10 billion
Optionable
Not Optionable
Beta
N/A














PSK Stock - Frequently Asked Questions

Should I buy or sell PrairieSky Royalty stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PrairieSky Royalty in the last twelve months. 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.
View PSK analyst ratings
or view top-rated stocks.

What is PrairieSky Royalty's stock price forecast for 2022?

9 Wall Street research analysts have issued twelve-month target prices for PrairieSky Royalty's shares. Their PSK share price forecasts range from C$15.50 to C$27.00. On average, they expect the company's share price to reach C$22.15 in the next twelve months. This suggests a possible upside of 29.0% 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 2022?

PrairieSky Royalty's stock was trading at C$13.63 at the beginning of the year. Since then, PSK shares have increased by 26.0% and is now trading at C$17.18.
View the best growth stocks for 2022 here
.

When is PrairieSky Royalty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our PSK earnings forecast
.

How were PrairieSky Royalty's earnings last quarter?

PrairieSky Royalty Ltd. (TSE:PSK) released its quarterly earnings data on Monday, July, 24th. The company reported $0.17 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.09. The business had revenue of $102.20 million for the quarter.

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

PrairieSky Royalty announced 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 annualized dividend and a yield of 2.79%. The ex-dividend date is Wednesday, June 29th.
Read our dividend analysis for PSK
.

Is PrairieSky Royalty a good dividend stock?

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.

What other stocks do shareholders of PrairieSky Royalty own?

What is PrairieSky Royalty's stock symbol?

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

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.

What is PrairieSky Royalty's stock price today?

One share of PSK stock can currently be purchased for approximately C$17.18.

How much money does PrairieSky Royalty make?

PrairieSky Royalty (TSE:PSK) has a market capitalization of C$4.10 billion and generates C$497.60 million in revenue each year.

How can I contact PrairieSky Royalty?

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.

This page (TSE:PSK) was last updated on 8/14/2022 by MarketBeat.com Staff

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