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

Company Overview

PermRock Royalty Trust operates as a statutory trust. It owns interests in the oil and natural gas producing properties. The company's underlying properties include 22,394 net acres in the Permian Basin. The company was founded in 2017 and is based in Dallas, Texas.

Key Stats

• Today's Range: $3.60 to $3.73
• 50-Day Range: $3.28 to $4.09
• 52-Week Range: $3.26 to $4.92
• Volume: 49,349 shs
• Average Volume: 44,113 shs
• Market Capitalization: $44.66 million
• P/E Ratio: 8.74
• Dividend Yield: 16.35%
• Price Target: N/A
• Consensus Rating: N/A

PermRock Royalty Trust Stock Analysis - MarketRank™

PermRock Royalty Trust scored higher than 51% of companies evaluated by MarketBeat, and ranked 173rd out of 272 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 PermRock Royalty Trust.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of PermRock Royalty Trust is 8.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.08.

Price to Earnings Ratio vs. Sector

The P/E ratio of PermRock Royalty Trust is 8.69, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.49.

Price to Book Value per Share Ratio

PermRock Royalty Trust has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

0.26% 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 0.4, 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 increased by 48.41%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

PermRock Royalty Trust is a leading dividend payer. It pays a dividend yield of 10.53%, 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.

Dividend Coverage

The dividend payout ratio of PermRock Royalty Trust is 142.86%. 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

0.26% 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 0.4, 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 increased by 48.41%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 1.00

News Sentiment

PermRock Royalty Trust has a news sentiment score of 1.00. 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 0.70 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for PermRock Royalty Trust this week, compared to 0 articles on an average week.

Search Interest

Only 2 people have searched for PRT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

1 people have added PermRock Royalty Trust to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Institutions

41.67% 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.

PRT Stock Analysis - Frequently Asked Questions

How have PRT shares performed this year?

PermRock Royalty Trust's stock was trading at $4.42 on January 1st, 2024. Since then, PRT stock has decreased by 17.4% and is now trading at $3.65.
View the best growth stocks for 2024 here.

When did PermRock Royalty Trust IPO?

PermRock Royalty Trust (PRT) raised $126 million in an initial public offering (IPO) on Wednesday, May 2nd 2018. The company issued 6,300,000 shares at a price of $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.

Who are PermRock Royalty Trust's major shareholders?

PermRock Royalty Trust's top institutional shareholders include CWA Asset Management Group LLC (0.12%) and Virtu Financial LLC (0.10%).
View institutional ownership trends.

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.

What other stocks do shareholders of PermRock Royalty Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PermRock Royalty Trust investors own include Main Street Capital (MAIN), Rithm Capital (RITM), InfraCap MLP ETF (AMZA), Arbor Realty Trust (ABR), Hercules Capital (HTGC), Energy Transfer (ET) and AGNC Investment (AGNC).

Company Calendar

• Ex-Dividend for 12/13 Dividend: 11/29/2024
• Dividend Payable: 12/13/2024
• Today: 12/26/2024
• Ex-Dividend for 1/15 Dividend: 12/31/2024
• Fiscal Year End: 12/31/2024
• Dividend Payable: 1/15/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Petroleum And Natural Gas
• 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): $0.42
• Trailing P/E Ratio: 8.69
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $6.26 million
• Net Margins: 85.33%
• Pretax Margin: 108.38%
• Return on Equity: 6.93%
• Return on Assets: 6.81%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.74
• Quick Ratio: 3.74

Sales & Book Value

• Annual Sales: $6.06 million
• Price / Sales: 7.33
• Cash Flow: $0.50 per share
• Price / Cash Flow: 7.25
• Book Value: $6.24 per share
• Price / Book: 0.58

Miscellaneous

• Outstanding Shares: 12,170,000
• Free Float: N/A
• Market Cap: $44.42 million
• Optionable: Not Optionable
• Beta: 1.01