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How to buy PermRock Royalty Trust stock | $2.95

Own PermRock Royalty Trust stock in just a few minutes.

Fact checked

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.

How to buy shares in PermRock Royalty Trust

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for PermRock Royalty Trust. Find the stock by name or ticker symbol: PRT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until PermRock Royalty Trust reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$2.95, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of PermRock Royalty Trust, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of PermRock Royalty Trust. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

PermRock Royalty Trust share price

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

PermRock Royalty Trust shares at a glance

Information last updated 2020-12-11.
Latest market closeUSD$2.95
52-week rangeUSD$0.9766 - USD$6.4366
50-day moving average USD$2.4259
200-day moving average USD$2.3596
Wall St. target priceUSD$2
PE ratio 12.4473
Dividend yield USD$0.27 (9.37%)
Earnings per share (TTM) USD$0.237

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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.

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.

PermRock Royalty Trust price performance over time

Historical closes compared with the close of $2.95 from 2020-12-11

1 week (2021-01-08) -8.67%
1 month (2020-12-16) -14.72%
3 months (2020-10-15) 45.32%
6 months (2020-07-15) 19.43%
1 year (2020-01-15) -51.00%
2 years (2019-01-15) -70.47%
3 years (2018-01-12) N/A
5 years (2016-01-12) N/A

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 12x. In other words, PermRock Royalty Trust shares trade at around 12x 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 USD$4.5 million
Operating margin TTM 79.78%
Gross profit TTM USD$10.4 million
Return on assets TTM 2.49%
Return on equity TTM 3.22%
Profit margin 64.19%
Book value $7.333
Market capitalisation USD$35.9 million

TTM: trailing 12 months

Shorting PermRock Royalty Trust shares

There are currently 56,183 PermRock Royalty Trust shares held short by investors – that's known as PermRock Royalty Trust's "short interest". This figure is 52.2% up from 36,905 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 46051.639344262). PermRock Royalty Trust's SIR currently stands at 1.22. In other words for every 100,000 PermRock Royalty Trust shares traded daily on the market, roughly 1220 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 0.0089% of the tradable shares (for every 100,000 tradable PermRock Royalty Trust shares, roughly 9 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

25%

Dividend payout ratio: 24.51% of net profits

Recently PermRock Royalty Trust has paid out, on average, around 24.51% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.37% 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 9.37% return on their shares, in the form of dividend payments. In PermRock Royalty Trust's case, that would currently equate to about $0.27 per share.

While PermRock Royalty Trust's payout ratio might seem low, this can signify that PermRock Royalty Trust is investing more in its future growth.

PermRock Royalty Trust's most recent dividend payout was on 14 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 27 November 2020 (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 $0.9766 up to $6.4366. A popular way to gauge a stock's volatility is its "beta".

PRT.US volatility(beta: 1.7)Avg. volatility(beta: 1.00)LowHigh

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 1.7032. 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.

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