Cross Timbers Royalty Trust (CRT) Stock Price, News & Analysis

Company Overview

Cross Timbers Royalty Trust operates as an express trust in the United States. It holds 90% net profits interests in certain producing and nonproducing royalty and overriding royalty interest properties in Texas, Oklahoma, and New Mexico; and 75% net profits working interest in four properties in Texas and three properties in Oklahoma. The company was founded in 1991 and is based in Dallas, Texas.

Key Stats

• Today's Range: $9.63 to $10.55
• 50-Day Range: $9.00 to $11.30
• 52-Week Range: $8.88 to $20.50
• Volume: 37,727 shs
• Average Volume: 34,669 shs
• Market Capitalization: $59.58 million
• P/E Ratio: 7.76
• Dividend Yield: 12.39%
• Price Target: N/A
• Consensus Rating: N/A

Cross Timbers Royalty Trust Stock Analysis - MarketRank™

Cross Timbers Royalty Trust scored higher than 36% of companies evaluated by MarketBeat, and ranked 214th out of 263 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Cross Timbers Royalty Trust.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cross Timbers Royalty Trust is 7.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cross Timbers Royalty Trust is 7.76, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.45.

Price to Book Value per Share Ratio

Cross Timbers Royalty Trust has a P/B Ratio of 22.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.19% of the float of Cross Timbers Royalty Trust has been sold short.

Short Interest Ratio / Days to Cover

Cross Timbers Royalty Trust has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Cross Timbers Royalty Trust is a leading dividend payer. It pays a dividend yield of 11.68%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Cross Timbers Royalty Trust does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Cross Timbers Royalty Trust is 96.09%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.19% of the float of Cross Timbers Royalty Trust has been sold short.

Short Interest Ratio / Days to Cover

Cross Timbers Royalty Trust has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.47

News Sentiment

Cross Timbers Royalty Trust has a news sentiment score of 1.47. 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 0.43 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Cross Timbers Royalty Trust this week, compared to 1 article on an average week.

Search Interest

Only 4 people have searched for CRT on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

MarketBeat Follows

3 people have added Cross Timbers Royalty Trust to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Cross Timbers Royalty Trust insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 9.40% of the stock of Cross Timbers Royalty Trust is held by insiders.

Percentage Held by Institutions

Only 9.74% of the stock of Cross Timbers Royalty Trust is held by institutions.

CRT Stock Analysis - Frequently Asked Questions

How have CRT shares performed this year?

Cross Timbers Royalty Trust's stock was trading at $17.56 at the beginning of the year. Since then, CRT stock has decreased by 43.5% and is now trading at $9.93.
View the best growth stocks for 2024 here.

How were Cross Timbers Royalty Trust's earnings last quarter?

Cross Timbers Royalty Trust (NYSE:CRT) released its quarterly earnings data on Tuesday, August, 13th. The oil and gas company reported $0.22 earnings per share (EPS) for the quarter. The oil and gas company had revenue of $1.58 million for the quarter. Cross Timbers Royalty Trust had a net margin of 88.84% and a trailing twelve-month return on equity of 291.46%.

How do I buy shares of Cross Timbers Royalty Trust?

Shares of CRT 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.

What other stocks do shareholders of Cross Timbers Royalty Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cross Timbers Royalty Trust investors own include Enterprise Products Partners (EPD), Energy Transfer (ET), Verizon Communications (VZ), Mesa Air Group (MESA), Mplx (MPLX), Meta Platforms (META) and Cornerstone Strategic Value Fund (CLM).

Company Calendar

• Last Earnings: 8/13/2024
• Ex-Dividend for 10/15 Dividend: 9/30/2024
• Dividend Payable: 10/15/2024
• Ex-Dividend for 11/15 Dividend: 10/31/2024
• Today: 11/02/2024
• Next Earnings (Estimated): 11/11/2024
• Dividend Payable: 11/15/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Oil royalty traders
• Sub-Industry: Trading
• Current Symbol: NYSE:CRT
• CUSIP: N/A
• CIK: 881787
• Web: www.crt-crosstimbers.com
• Phone: (844) 201-9815
• Fax: 214-209-2431
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.28
• Trailing P/E Ratio: 7.76
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $13.13 million
• Net Margins: 88.84%
• Pretax Margin: 102.96%
• Return on Equity: 291.46%
• Return on Assets: 189.42%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.00
• Quick Ratio: 1.00

Sales & Book Value

• Annual Sales: $12.36 million
• Price / Sales: 4.82
• Cash Flow: $1.82 per share
• Price / Cash Flow: 5.46
• Book Value: $0.45 per share
• Price / Book: 22.07

Miscellaneous

• Outstanding Shares: 6,000,000
• Free Float: 5,436,000
• Market Cap: $59.58 million
• Optionable: Not Optionable
• Beta: 0.52