Free Trial
NYSE:MTR

Mesa Royalty Trust (MTR) Stock Price, News & Analysis

Mesa Royalty Trust logo
$5.94
-0.19 (-3.10%)
(As of 11/1/2024 ET)

About Mesa Royalty Trust Stock (NYSE:MTR)

Key Stats

Today's Range
$5.80
$6.36
50-Day Range
$5.68
$6.52
52-Week Range
$5.60
$18.92
Volume
16,951 shs
Average Volume
10,033 shs
Market Capitalization
N/A
P/E Ratio
12.64
Dividend Yield
1.18%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Mesa Royalty Trust owns overriding royalty interests in various oil and gas producing properties in the United States. It holds interests in properties located in the Hugoton field of Kansas; and the San Juan Basin field of Northwestern New Mexico and Southwestern Colorado. The company was founded in 1979 and is based in Houston, Texas.

Mesa Royalty Trust Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
34th Percentile Overall Score

MTR MarketRank™: 

Mesa Royalty Trust scored higher than 34% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Mesa Royalty Trust is 12.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.21.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Mesa Royalty Trust is 12.64, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.60.

  • Price to Book Value per Share Ratio

    Mesa Royalty Trust has a P/B Ratio of 3.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Mesa Royalty Trust's valuation and earnings.
  • Percentage of Shares Shorted

    0.11% of the float of Mesa Royalty Trust has been sold short.
  • Short Interest Ratio / Days to Cover

    Mesa Royalty Trust has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Mesa Royalty Trust has recently decreased by 87.88%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Mesa Royalty Trust pays a meaningful dividend of 1.11%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

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

  • Dividend Coverage

    The dividend payout ratio of Mesa Royalty Trust is 14.89%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Mesa Royalty Trust's dividend.
  • Percentage of Shares Shorted

    0.11% of the float of Mesa Royalty Trust has been sold short.
  • Short Interest Ratio / Days to Cover

    Mesa Royalty Trust has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Mesa Royalty Trust has recently decreased by 87.88%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Mesa Royalty Trust has a news sentiment score of 0.76. 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 0.44 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Mesa Royalty Trust this week, compared to 0 articles on an average week.
Receive MTR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Mesa Royalty Trust and its competitors with MarketBeat's FREE daily newsletter.

MTR Stock News Headlines

Mesa Royalty Trust (NYSE:MTR) and LandBridge (NYSE:LB) Critical Analysis
Sell NVDA Now?
Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. Here's what that means for your money. Billionaire Wall Street investors are quietly offloading millions of shares. What do they know that you don't? It's arguably the most popular stock in the world. Now, one 50-year Wall Street legend says its day in the sun could finally be coming to an end. Last year, he warned of two stocks that went on to crash 60%.
See More Headlines

MTR Stock Analysis - Frequently Asked Questions

Mesa Royalty Trust's stock was trading at $13.20 at the start of the year. Since then, MTR shares have decreased by 55.0% and is now trading at $5.94.
View the best growth stocks for 2024 here
.

Mesa Royalty Trust (NYSE:MTR) issued its quarterly earnings data on Wednesday, August, 14th. The energy company reported $0.12 EPS for the quarter. The energy company had revenue of $0.31 million for the quarter. Mesa Royalty Trust had a net margin of 76.94% and a trailing twelve-month return on equity of 28.92%.

Shares of MTR 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Mesa Royalty Trust investors own include ARMOUR Residential REIT (ARR), BP Prudhoe Bay Royalty Trust (BPT), Oxford Lane Capital (OXLC), Energy Transfer (ET), SuRo Capital (SSSS), Orchid Island Capital (ORC) and (RJETQ) (RJETQ).

Company Calendar

Last Earnings
8/14/2024
Ex-Dividend for 10/31 Dividend
9/30/2024
Dividend Payable
10/31/2024
Today
11/02/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil royalty traders
Sub-Industry
Trading
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$2.86 million
Pretax Margin
76.95%

Debt

Sales & Book Value

Annual Sales
$3.28 million
Cash Flow
$1.49 per share
Book Value
$1.63 per share

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
0.56
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

This page (NYSE:MTR) was last updated on 11/2/2024 by MarketBeat.com Staff
From Our Partners