How have PRT shares performed in 2024?

PermRock Royalty Trust's stock was trading at $4.42 at the start of the year. Since then, PRT shares have decreased by 4.1% and is now trading at $4.24. View the best growth stocks for 2024 here .

Are investors shorting PermRock Royalty Trust?

PermRock Royalty Trust saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 14,800 shares, a decline of 47.1% from the December 31st total of 28,000 shares. Based on an average daily volume of 43,400 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are sold short. View PermRock Royalty Trust's Short Interest .

When is PermRock Royalty Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our PRT earnings forecast .

How were PermRock Royalty Trust's earnings last quarter?

PermRock Royalty Trust (NYSE:PRT) released its quarterly earnings results on Tuesday, November, 14th. The company reported $0.12 EPS for the quarter. The business earned $1.71 million during the quarter. PermRock Royalty Trust had a net margin of 170.73% and a trailing twelve-month return on equity of 19.50%.

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

PermRock Royalty Trust announced a monthly dividend on Friday, January 19th. Investors of record on Wednesday, January 31st will be given a dividend of $0.0346 per share on Wednesday, February 14th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 9.78%. The ex-dividend date of this dividend is Tuesday, January 30th. This is a boost from the stock's previous monthly dividend of $0.03. Read our dividend analysis for PRT .

Is PermRock Royalty Trust a good dividend stock?

PermRock Royalty Trust (NYSE:PRT) pays an annual dividend of $0.36 per share and currently has a dividend yield of 8.58%. PRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for PRT .

What other stocks do shareholders of PermRock Royalty Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PermRock Royalty Trust investors own include Main Street Capital (MAIN) , New Residential Investment (NRZ) , InfraCap MLP ETF (AMZA) , Energy Transfer (ET) , Golar LNG Partners (GMLP) , Hercules Capital (HTGC) , Mplx (MPLX) , AT&T (T) and Arbor Realty Trust (ABR) .

When did PermRock Royalty Trust IPO?

(PRT) raised $126 million in an IPO on Wednesday, May 2nd 2018. The company issued 6,300,000 shares at $19.00-$21.00 per share. Wells Fargo Securities, Goldman Sachs, UBS Investment Bank, Deutsche Bank Securities, Jefferies, Stifel and Oppenheimer acted as the underwriters for the IPO and BB&T Capital Markets and Janney Montgomery Scott were co-managers.

How do I buy shares of PermRock Royalty Trust?

Shares of PRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:PRT

PermRock Royalty Trust (PRT) Stock Price, News & Analysis

$4.24

-0.11 (-2.53%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $4.18
▼
$4.38
50-Day Range: $4.24
▼
$4.90
52-Week Range: $4.10
▼
$7.70

Volume: 67,300 shs
Average Volume: 39,982 shs
Market Capitalization: $51.60 million

P/E Ratio: N/A
Dividend Yield: 8.49%
Price Target: N/A

Get PermRock Royalty Trust alerts:

PermRock Royalty Trust MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.20% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$125,770 Sold 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.

0.77 out of 5 stars

Oils/Energy Sector

222nd out of 237 stocks

Crude Petroleum & Natural Gas Industry

72nd out of 76 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for PermRock Royalty Trust.

5.0

Short Interest

Percentage of Shares Shorted
0.20% of the float of PermRock Royalty Trust has been sold short.
Short Interest Ratio / Days to Cover
PermRock Royalty Trust has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PermRock Royalty Trust has recently decreased by 47.14%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
PermRock Royalty Trust is a leading dividend payer. It pays a dividend yield of 8.58%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
PermRock Royalty Trust does not have a long track record of dividend growth.

N/A

Sustainability and ESG

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

0.0

News and Social Media Coverage

Search Interest
Only 2 people have searched for PRT on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PermRock Royalty Trust insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $125,770.00 in company stock.
Percentage Held by Institutions
43.72% of the stock of PermRock Royalty Trust is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Book Value per Share Ratio
PermRock Royalty Trust has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PermRock Royalty Trust Stock (NYSE:PRT)

PermRock Royalty Trust owns 80% net profits interest in the oil and natural gas production properties acquired by Boaz Energy II, LLC in Permian Basin, Texas. Its underlying properties comprising 22,997 net acres, which include 2,434 net acres on the Central Basin Platform of the Permian Basin in Hockley and Terry counties, Texas; 1,667 net acres on the Central Basin Platform of the Permian Basin in Terry and Cochran counties, Texas; 14,727 net acres on the Eastern Shelf of the Permian Basin in Glasscock, Schleicher, Stonewall, and Coke counties, Texas; and 4,169 net acres on the Central Basin Platform of the Permian Basin in Ward, Crane, Terry, and Ector counties, Texas. The company was founded in 2017 and is based in Fort Worth, Texas.

PRT Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PRT Stock News Headlines

February 2, 2024 | americanbankingnews.com

Boaz Energy Ii, Llc Sells 3,200 Shares of PermRock Royalty Trust (NYSE:PRT) Stock

January 2, 2024 | msn.com

USEG, NRT among major energy gainers; VTNR, PRT major losers

February 12, 2024 | Stansberry Research (Ad)

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October 25, 2023 | benzinga.com

Friday Is Your Last Chance To Buy PermRock Royalty Trust Before The Dividend Payout

September 13, 2023 | gurufocus.com

10% Owner Boaz Energy II, LLC Sells 3,160 Shares of PermRock Royalty Trust (PRT)

July 28, 2023 | msn.com

PermRock Royalty Trust - Unit (PRT) Declares $0.04 Dividend

May 24, 2023 | finance.yahoo.com

PRT - PermRock Royalty Trust

May 19, 2023 | msn.com

PermRock Royalty Trust declares $0.03 dividend

February 12, 2024 | Weiss Ratings (Ad)

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April 19, 2023 | msn.com

PermRock Royalty Trust - Unit (PRT) Declares $0.03 Dividend

March 27, 2023 | msn.com

7 Monthly Dividend Stocks to Buy During the Market Jitters

March 27, 2023 | benzinga.com

PermRock Royalty Trust's Ex-Dividend Date Is Thursday, Here's What You Need To Know

February 17, 2023 | seekingalpha.com

PermRock Royalty Trust declares $0.0602 dividend

February 6, 2023 | investorplace.com

The 7 Best Monthly Dividend Stocks to Buy for February 2023

January 13, 2023 | seekingalpha.com

Beware Of The Risk That Comes With The 13.8% Yield Of PermRock Royalty Trust

December 19, 2022 | msn.com

PermRock Royalty Trust declares $0.0807 dividend

November 24, 2022 | msn.com

Monday Is Your Last Chance To Buy PermRock Royalty Trust Before The Dividend Payout

September 20, 2022 | seekingalpha.com

PermRock Royalty Trust declares $0.093 dividend

September 7, 2022 | seekingalpha.com

PermRock Royalty Trust: Exceptional Yield But High Risk In The Long Run

August 25, 2022 | msn.com

PermRock Royalty Trust: Dividend Insights

August 22, 2022 | finance.yahoo.com

PermRock Royalty Trust (NYSE:PRT) Has Announced That It Will Be Increasing Its Dividend To $0.092

June 24, 2022 | benzinga.com

Tuesday Is Your Last Chance To Buy PermRock Royalty Trust Before The Dividend Payout

June 17, 2022 | seekingalpha.com

PermRock Royalty Trust declines 1% to $0.1001

May 24, 2022 | seekingalpha.com

PermRock Royalty Trust declares $0.1011 dividend

May 4, 2022 | finance.yahoo.com

The Market Doesn't Like What It Sees From PermRock Royalty Trust's (NYSE:PRT) Earnings Yet

April 6, 2022 | prnewswire.com

PermRock Royalty Trust Announces Adjournment of Special Meeting

April 1, 2022 | finance.yahoo.com

Plyrotech Announces Late Filing of Annual Financial Statements and Management Cease Trade Order

See More Headlines

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Company Calendar

Last Earnings: 11/14/2023
Ex-Dividend for 1/16 Dividend: 12/28/2023
Dividend Payable: 1/16/2024
Ex-Dividend for 2/14 Dividend: 1/30/2024
Today: 2/12/2024
Next Earnings (Estimated): 2/13/2024
Dividend Payable: 2/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Crude petroleum & natural gas
Sub-Industry: N/A
Current Symbol: NYSE:PRT
CUSIP: N/A
CIK: 1724009
Web: www.permrock.com
Phone: (855) 588-7839
Fax: 817-298-5579
Employees: 2,020
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $12.30 million
Net Margins: 170.73%
Pretax Margin: 127.88%
Return on Equity: 19.50%
Return on Assets: 19.10%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.02
Quick Ratio: 3.02

Sales & Book Value

Annual Sales: $13.16 million
Price / Sales: 3.92
Cash Flow: $1.01 per share
Price / Cash Flow: 4.19
Book Value: $6.58 per share
Price / Book: 0.64

Miscellaneous

Outstanding Shares: 12,170,000
Free Float: N/A
Market Cap: $51.60 million
Optionable: Not Optionable
Beta: 0.93

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Key Executives

Lee Ann Anderson
Senior Vice President

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

PRT Stock Analysis - Frequently Asked Questions

How have PRT shares performed in 2024?: PermRock Royalty Trust's stock was trading at $4.42 at the start of the year. Since then, PRT shares have decreased by 4.1% and is now trading at $4.24.
View the best growth stocks for 2024 here.
Are investors shorting PermRock Royalty Trust?: PermRock Royalty Trust saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 14,800 shares, a decline of 47.1% from the December 31st total of 28,000 shares. Based on an average daily volume of 43,400 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are sold short.
View PermRock Royalty Trust's Short Interest.
When is PermRock Royalty Trust's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our PRT earnings forecast.
How were PermRock Royalty Trust's earnings last quarter?: PermRock Royalty Trust (NYSE:PRT) released its quarterly earnings results on Tuesday, November, 14th. The company reported $0.12 EPS for the quarter. The business earned $1.71 million during the quarter. PermRock Royalty Trust had a net margin of 170.73% and a trailing twelve-month return on equity of 19.50%.
How often does PermRock Royalty Trust pay dividends? What is the dividend yield for PermRock Royalty Trust?: PermRock Royalty Trust announced a monthly dividend on Friday, January 19th. Investors of record on Wednesday, January 31st will be given a dividend of $0.0346 per share on Wednesday, February 14th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 9.78%. The ex-dividend date of this dividend is Tuesday, January 30th. This is a boost from the stock's previous monthly dividend of $0.03.
Read our dividend analysis for PRT.

Is PermRock Royalty Trust a good dividend stock?: PermRock Royalty Trust (NYSE:PRT) pays an annual dividend of $0.36 per share and currently has a dividend yield of 8.58%. PRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for PRT.
What other stocks do shareholders of PermRock Royalty Trust own?: Based on aggregate information from My MarketBeat watchlists, some companies that other PermRock Royalty Trust investors own include Main Street Capital (MAIN), New Residential Investment (NRZ), InfraCap MLP ETF (AMZA), Energy Transfer (ET), Golar LNG Partners (GMLP), Hercules Capital (HTGC), Mplx (MPLX), AT&T (T) and Arbor Realty Trust (ABR).
When did PermRock Royalty Trust IPO?: (PRT) raised $126 million in an IPO on Wednesday, May 2nd 2018. The company issued 6,300,000 shares at $19.00-$21.00 per share. Wells Fargo Securities, Goldman Sachs, UBS Investment Bank, Deutsche Bank Securities, Jefferies, Stifel and Oppenheimer acted as the underwriters for the IPO and BB&T Capital Markets and Janney Montgomery Scott were co-managers.
How do I buy shares of PermRock Royalty Trust?: Shares of PRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PRT) was last updated on 2/12/2024 by MarketBeat.com Staff

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PermRock Royalty Trust (PRT) Stock Price, News & Analysis