How to buy PermRock Royalty Trust stock

PermRock Royalty Trust is an oil & gas e&p business based in the US. PermRock Royalty Trust shares (PRT) are listed on the NYSE and all prices are listed in US Dollars.

PermRock Royalty Trust share price

Use our graph to track the performance of PRT stocks over time.

PermRock Royalty Trust shares at a glance

• Key figures

Information last updated 2021-03-10.

52-week range	$0.96 - $5.32
50-day moving average	$4.02
200-day moving average	$2.80
Wall St. target price	$2.50
PE ratio	21.7722
Dividend yield	$0.237 (4.59%)
Earnings per share (TTM)	$0.24

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Is it a good time to buy PermRock Royalty Trust stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of PermRock Royalty Trust by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is PermRock Royalty Trust under- or over-valued?

Valuing PermRock Royalty Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of PermRock Royalty Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

PermRock Royalty Trust's P/E ratio

PermRock Royalty Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, PermRock Royalty Trust shares trade at around 22x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

PermRock Royalty Trust financials

Revenue TTM	$4.5 million
Operating margin TTM	79.78%
Gross profit TTM	$10.4 million
Return on assets TTM	2.49%
Return on equity TTM	3.22%
Profit margin	64.19%
Book value	$7.33
Market capitalisation	$62.8 million

TTM: trailing 12 months

Shorting PermRock Royalty Trust shares

There are currently 40,238 PermRock Royalty Trust shares held short by investors – that's known as PermRock Royalty Trust's "short interest". This figure is 360.2% up from 8,744 last month.

There are a few different ways that this level of interest in shorting PermRock Royalty Trust shares can be evaluated.

PermRock Royalty Trust's "short interest ratio" (SIR)

PermRock Royalty Trust's "short interest ratio" (SIR) is the quantity of PermRock Royalty Trust shares currently shorted divided by the average quantity of PermRock Royalty Trust shares traded daily (recently around 47902.380952381). PermRock Royalty Trust's SIR currently stands at 0.84. In other words for every 100,000 PermRock Royalty Trust shares traded daily on the market, roughly 840 shares are currently held short.

However PermRock Royalty Trust's short interest can also be evaluated against the total number of PermRock Royalty Trust shares, or, against the total number of tradable PermRock Royalty Trust shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case PermRock Royalty Trust's short interest could be expressed as 0% of the outstanding shares (for every 100,000 PermRock Royalty Trust shares in existence, roughly 0 shares are currently held short) or 0.0064% of the tradable shares (for every 100,000 tradable PermRock Royalty Trust shares, roughly 6 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against PermRock Royalty Trust.

Find out more about how you can short PermRock Royalty Trust stock.

PermRock Royalty Trust share dividends

Dividend payout ratio: 37.07% of net profits

Recently PermRock Royalty Trust has paid out, on average, around 37.07% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.81% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), PermRock Royalty Trust shareholders could enjoy a 3.81% return on their shares, in the form of dividend payments. In PermRock Royalty Trust's case, that would currently equate to about $0.237 per share.

While PermRock Royalty Trust's payout ratio might seem fairly standard, it's worth remembering that PermRock Royalty Trust may be investing much of the rest of its net profits in future growth.

PermRock Royalty Trust's most recent dividend payout was on 11 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 24 February 2021 (the "ex-dividend date").

PermRock Royalty Trust share price volatility

Over the last 12 months, PermRock Royalty Trust's shares have ranged in value from as little as $0.962 up to $5.32. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while PermRock Royalty Trust's is 1.6758. This would suggest that PermRock Royalty Trust's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

PermRock Royalty Trust overview

PermRock Royalty Trust owns 80% net profits interest in the oil and natural gas production properties acquired by Boaz Energy II, LLC in Permian Basin, Texas. Its underlying properties consist of 22,997 net acres, which include 2,434 net acres on the Central Basin Platform of the Permian Basin in Hockley and Terry counties, Texas; 1,667 net acres on the Central Basin Platform of the Permian Basin in Terry and Cochran counties, Texas; 14,727 net acres on the Eastern Shelf of the Permian Basin in Glasscock, Schleicher, Stonewall, and Coke counties, Texas; and 4,169 net acres on the Central Basin Platform of the Permian Basin in Ward, Crane, Terry, and Ector counties, Texas. The company was founded in 2017 and is based in Fort Worth, Texas. .

Frequently asked questions

• What percentage of PermRock Royalty Trust is owned by institutions?

  Currently 51.28% of PermRock Royalty Trust shares are held by institutions.

• When does the fiscal year end for PermRock Royalty Trust?

  PermRock Royalty Trust's fiscal year ends in December.

• Where is PermRock Royalty Trust based?

  PermRock Royalty Trust's address is: Simmons Bank, Trustee, Fort Worth, TX, United States, 76147

• What is PermRock Royalty Trust's ISIN number?

  PermRock Royalty Trust's international securities identification number is: US7142541090

• What is PermRock Royalty Trust's CUSIP number?

  PermRock Royalty Trust's Committee on Uniform Securities Identification Procedures number is: 714254109