Freehold Royalties Ltd. (TSE:FRU - Get Free Report) declared a monthly dividend on Friday, January 31st,TickerTech Dividends reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.09 per share on Tuesday, February 18th. This represents a $1.08 dividend on an annualized basis and a yield of 8.64%. The ex-dividend date is Friday, January 31st.
Freehold Royalties Stock Down 2.0 %
Shares of FRU stock traded down C$0.26 during midday trading on Friday, reaching C$12.50. 946,527 shares of the stock were exchanged, compared to its average volume of 784,059. The firm has a market cap of C$1.88 billion, a PE ratio of 12.50, a price-to-earnings-growth ratio of -0.92 and a beta of 1.93. The company has a current ratio of 2.05, a quick ratio of 1.50 and a debt-to-equity ratio of 24.83. The company's 50 day moving average is C$13.16 and its two-hundred day moving average is C$13.60. Freehold Royalties has a 1 year low of C$12.19 and a 1 year high of C$14.84.
Freehold Royalties (TSE:FRU - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported C$0.17 EPS for the quarter. Freehold Royalties had a return on equity of 16.17% and a net margin of 46.41%. On average, equities research analysts predict that Freehold Royalties will post 0.7581169 EPS for the current year.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. Raymond James raised shares of Freehold Royalties to a "hold" rating in a research report on Thursday, October 17th. National Bankshares upped their price objective on Freehold Royalties from C$15.50 to C$16.00 and gave the stock an "outperform" rating in a research note on Thursday. Atb Cap Markets downgraded Freehold Royalties from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, October 15th. Canaccord Genuity Group lowered their price objective on Freehold Royalties from C$19.00 to C$18.00 in a research report on Tuesday, October 22nd. Finally, BMO Capital Markets upgraded shares of Freehold Royalties from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 16th. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$16.71.
Check Out Our Latest Stock Report on Freehold Royalties
About Freehold Royalties
(
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Freehold Royalties Ltd. engages in the acquiring and managing royalty interests in the crude oil, natural gas, natural gas liquids, and potash properties in Western Canada and the United States. Freehold Royalties Ltd. was founded in 1996 and is headquartered in Calgary, Canada.
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