Sitio Royalties (STR) Stock Price, News & Analysis

Company Overview

Sitio Royalties Corp. operates as oil and gas mineral and royalty company. The company acquires oil-weighted rights in productive and the United States basins. It has approximately 140,000 net royalty acres through the consummation of over 180 acquisitions. The company was founded in 2016 and is headquartered in Denver, Colorado.

Key Stats

• Today's Range: $18.42 to $19.04
• 50-Day Range: N/A
• 52-Week Range: $18.02 to $25.38
• Volume: 538,471 shs
• Average Volume: 642,010 shs
• Market Capitalization: $2.87 billion
• P/E Ratio: N/A
• Dividend Yield: 5.96%
• Price Target: $29.00
• Consensus Rating: Moderate Buy

Sitio Royalties Stock Analysis - MarketRank™

Sitio Royalties scored higher than 54% of companies evaluated by MarketBeat, and ranked 166th out of 271 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: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Sitio Royalties has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

Sitio Royalties has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -18.52%

Earnings Growth

Earnings for Sitio Royalties are expected to decrease by -18.52% in the coming year, from $0.54 to $0.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sitio Royalties is -312.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sitio Royalties is -312.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Sitio Royalties has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.70% of the float of Sitio Royalties has been sold short.

Short Interest Ratio / Days to Cover

Sitio Royalties has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in Sitio Royalties has recently decreased by 9.32%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Sitio Royalties is a leading dividend payer. It pays a dividend yield of 5.28%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Sitio Royalties does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, Sitio Royalties will have a dividend payout ratio of 254.55% in the coming year. This indicates that Sitio Royalties may not be able to sustain their current dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

3.70% of the float of Sitio Royalties has been sold short.

Short Interest Ratio / Days to Cover

Sitio Royalties has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in Sitio Royalties has recently decreased by 9.32%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

Only 2 people have searched for STR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

5 people have added Sitio Royalties to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Sitio Royalties insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.47% of the stock of Sitio Royalties is held by insiders.

Percentage Held by Institutions

90.44% of the stock of Sitio Royalties is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

STR Stock Analysis - Frequently Asked Questions

How were Sitio Royalties' earnings last quarter?

Sitio Royalties Corp. (NYSE:STR) announced its quarterly earnings results on Wednesday, November, 6th. The utilities provider reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.01. The company's revenue for the quarter was down 4.7% compared to the same quarter last year.

When did Sitio Royalties' stock split?

Sitio Royalties shares reverse split on Monday, June 6th 2022. The 1-4 reverse split was announced on Monday, June 6th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, June 6th 2022. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

Who are Sitio Royalties' major shareholders?

Top institutional investors of Sitio Royalties include FMR LLC (4.83%), Wellington Management Group LLP (3.07%), State Street Corp (1.68%) and Pine Brook Road Advisors L.P. (1.24%). Insiders that own company stock include Christopher L Conoscenti and Timothy (Tim) Markwell.
View institutional ownership trends.

What other stocks do shareholders of Sitio Royalties own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sitio Royalties investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 11/06/2024
• Ex-Dividend for 11/27 Dividend: 11/19/2024
• Dividend Payable: 11/27/2024
• Today: 12/25/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Gas Utilities
• Current Symbol: NYSE:STR
• CUSIP: 74835610
• CIK: 751652
• Web: www.questar.com
• Phone: +1-801-3245900
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $29.00
• High Stock Price Target: $32.00
• Low Stock Price Target: $27.00
• Potential Upside/Downside: +54.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.06)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 34.78
• P/E Growth: N/A
• Net Income: $-15,540,000.00
• Net Margins: -0.61%
• Pretax Margin: -4.13%
• Return on Equity: 3.62%
• Return on Assets: 2.67%

Debt

• Debt-to-Equity Ratio: 0.29
• Current Ratio: 2.49
• Quick Ratio: 2.49

Sales & Book Value

• Annual Sales: $593.36 million
• Price / Sales: 4.84
• Cash Flow: $2.43 per share
• Price / Cash Flow: 7.74
• Book Value: $22.84 per share
• Price / Book: 0.82

Miscellaneous

• Outstanding Shares: 152,910,000
• Free Float: 152,196,000
• Market Cap: $2.87 billion
• Optionable: Optionable
• Beta: 1.74