Should I buy or sell PrairieSky Royalty stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PrairieSky Royalty in the last twelve months. There are currently 6 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 target for 2024?

10 Wall Street analysts have issued 1 year target prices for PrairieSky Royalty's stock. Their PSK share price targets range from C$24.00 to C$30.00. On average, they expect the company's stock price to reach C$26.78 in the next year. This suggests that the stock has a possible downside of 2.2%. View analysts price targets for PSK or view top-rated stocks among Wall Street analysts .

How have PSK shares performed in 2024?

PrairieSky Royalty's stock was trading at C$23.20 on January 1st, 2024. Since then, PSK stock has increased by 18.0% and is now trading at C$27.38. View the best growth stocks for 2024 here .

When is PrairieSky Royalty's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. View our PSK earnings forecast .

How were PrairieSky Royalty's earnings last quarter?

PrairieSky Royalty Ltd. (TSE:PSK) released its earnings results on Monday, February, 12th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.06. The company earned $136.60 million during the quarter. PrairieSky Royalty had a trailing twelve-month return on equity of 8.22% and a net margin of 47.46%.

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

PrairieSky Royalty announced a quarterly dividend on Monday, March 11th. Investors of record on Thursday, March 28th will be given a dividend of 0.25 per share on Monday, April 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of C$0.24. Read our dividend analysis for PSK .

Is PrairieSky Royalty a good dividend stock?

PrairieSky Royalty (TSE:PSK) pays an annual dividend of C$1.00 per share and currently has a dividend yield of 3.84%. The dividend payout ratio is 105.26%. 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 .

TSE:PSK

PrairieSky Royalty (PSK) Stock Price, News & Analysis

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C$27.38

-0.16 (-0.58%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$27.18
▼
C$27.64
50-Day Range: C$22.05
▼
C$28.15
52-Week Range: C$20.41
▼
C$28.42

Volume: 542,445 shs
Average Volume: 294,143 shs
Market Capitalization: C$6.54 billion

P/E Ratio: 28.82
Dividend Yield: 3.65%
Price Target: C$26.78

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

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PrairieSky Royalty MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 2.2% Downside
C$26.78 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.65
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
C$297,999 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.95 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 2.40, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.
Amount of Analyst Coverage
PrairieSky Royalty has only been the subject of 4 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 3.84%, 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 105.26%. 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 0.65. 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 0.42 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.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PrairieSky Royalty insiders have bought 73.82% more of their company's stock than they have sold. Specifically, they have bought C$297,999.00 in company stock and sold C$171,437.00 in company stock.
Percentage Held by Insiders
Only 0.54% of the stock of PrairieSky Royalty is held by insiders.
Percentage Held by Institutions
63.21% 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 28.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of PrairieSky Royalty is 28.82, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 97.53.
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 2.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About PrairieSky Royalty Stock (TSE:PSK)

PrairieSky Royalty Ltd., a pure-play royalty company, holds crude oil and natural gas royalty interests in Canada. It holds an interest in approximately 9.7 million acres with petroleum and/or natural gas rights, 8.5 million acres of gross overriding royalty interests, and other acreage. The company was incorporated in 2013 and is based in Calgary, Canada.

PSK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PSK Stock News Headlines

March 22, 2024 | insidertrades.com

PrairieSky Royalty Ltd. (TSE:PSK) Director Leanne M. Bellegarde Sells 6,650 Shares

April 18, 2024 | americanbankingnews.com

PrairieSky Royalty (TSE:PSK) Price Target Increased to C$28.00 by Analysts at Canaccord Genuity Group

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

April 15, 2024 | americanbankingnews.com

PrairieSky Royalty (PSK) Scheduled to Post Earnings on Monday

April 11, 2024 | americanbankingnews.com

PrairieSky Royalty Ltd. (TSE:PSK) Receives Average Recommendation of "Hold" from Brokerages

February 16, 2024 | markets.businessinsider.com

Canadian Market Looks Headed For Another Positive Close

February 12, 2024 | msn.com

TSX futures indicate tepid start to week, eyes on US inflation data

February 1, 2024 | finance.yahoo.com

PrairieSky Royalty Ltd. (PSK.TO)

April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

January 31, 2024 | finance.yahoo.com

PrairieSky Royalty Announces Conference Call for 2023 Fourth Quarter and Year-End Results

December 5, 2023 | finance.yahoo.com

PrairieSky Appoints Glenn McNamara to Board of Directors

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

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

See More Headlines

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Company Calendar

Last Earnings: 2/12/2024
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/18/2024
Next Earnings (Confirmed): 4/22/2024

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Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
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$26.78
High Stock Price Target: C$30.00
Low Stock Price Target: C$24.00
Potential Upside/Downside: -2.6%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.95
Trailing P/E Ratio: 28.95
Forward P/E Ratio: 26.22
P/E Growth: 0.47
Net Income: C$227.60 million
Net Margins: 47.46%
Pretax Margin: N/A
Return on Equity: 8.22%
Return on Assets: 5.84%

Debt

Debt-to-Equity Ratio: 6.80
Current Ratio: 0.65
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: C$479.60 million
Price / Sales: 13.70
Cash Flow: C$0.06 per share
Price / Cash Flow: 450.00
Book Value: C$11.57 per share
Price / Book: 2.38

Miscellaneous

Outstanding Shares: 239,000,000
Free Float: N/A
Market Cap: C$6.57 billion
Optionable: Not Optionable
Beta: 1.81

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Key Executives

Mr. Andrew M. Phillips (Age 46)
President, CEO & Non-Independent Director
Comp: $1.4M
Ms. Pamela P. Kazeil
VP of Finance & CFO
Mr. Daniel James Bertram CFA
VP of Business Development & Chief Commercial Officer
Mr. Daniel V. Riva Cambrin
Controller
Mr. Michael Murphy P.Geo.
Vice-President of Geosciences & Capital Markets

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?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PrairieSky Royalty in the last twelve months. There are currently 6 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 target for 2024?: 10 Wall Street analysts have issued 1 year target prices for PrairieSky Royalty's stock. Their PSK share price targets range from C$24.00 to C$30.00. On average, they expect the company's stock price to reach C$26.78 in the next year. This suggests that the stock has a possible downside of 2.2%.
View analysts price targets for PSK or view top-rated stocks among Wall Street analysts.
How have PSK shares performed in 2024?: PrairieSky Royalty's stock was trading at C$23.20 on January 1st, 2024. Since then, PSK stock has increased by 18.0% and is now trading at C$27.38.
View the best growth stocks for 2024 here.
When is PrairieSky Royalty's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our PSK earnings forecast.
How were PrairieSky Royalty's earnings last quarter?: PrairieSky Royalty Ltd. (TSE:PSK) released its earnings results on Monday, February, 12th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.06. The company earned $136.60 million during the quarter. PrairieSky Royalty had a trailing twelve-month return on equity of 8.22% and a net margin of 47.46%.

How often does PrairieSky Royalty pay dividends? What is the dividend yield for PrairieSky Royalty?: PrairieSky Royalty announced a quarterly dividend on Monday, March 11th. Investors of record on Thursday, March 28th will be given a dividend of 0.25 per share on Monday, April 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of C$0.24.
Read our dividend analysis for PSK.
Is PrairieSky Royalty a good dividend stock?: PrairieSky Royalty (TSE:PSK) pays an annual dividend of C$1.00 per share and currently has a dividend yield of 3.84%. The dividend payout ratio is 105.26%. 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 4/18/2024 by MarketBeat.com Staff

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PrairieSky Royalty (PSK) Stock Price, News & Analysis

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

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^™