Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Sabine Royalty Trust (SBR) Stock Price
News headlines about Sabine Royalty Trust (NYSE:SBR) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sabine Royalty Trust earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 47.8256416705234 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Sabine Royalty Trust (SBR) traded up 0.37% during mid-day trading on Wednesday, hitting $41.10. The company had a trading volume of 9,403 shares. The stock has a market cap of $599.20 million, a price-to-earnings ratio of 18.07 and a beta of 0.26. The stock’s 50-day moving average is $40.24 and its 200-day moving average is $38.52. Sabine Royalty Trust has a 52-week low of $33.46 and a 52-week high of $41.86.
Sabine Royalty Trust (NYSE:SBR) last posted its quarterly earnings results on Wednesday, August 9th. The energy company reported $0.54 EPS for the quarter. The business had revenue of $8.58 million during the quarter. Sabine Royalty Trust had a return on equity of 695.91% and a net margin of 93.10%.
The company also recently declared a monthly dividend, which will be paid on Monday, October 30th. Investors of record on Monday, October 16th will be paid a $0.1509 dividend. The ex-dividend date of this dividend is Friday, October 13th. This represents a $1.81 dividend on an annualized basis and a yield of 4.42%. Sabine Royalty Trust’s dividend payout ratio (DPR) is 79.74%.
Separately, BidaskClub cut Sabine Royalty Trust from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th.
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Sabine Royalty Trust Company Profile
Sabine Royalty Trust (the Trust) is an express trust. The Royalty Properties are the assets of the Trust. The Royalty Properties constitute interests in gross production of oil, gas and other minerals free of the costs of production. Southwest Bank acts as trustee of the Trust. The Royalty Properties consist of royalty and mineral interests, including landowner’s royalties, overriding royalty interests, minerals (other than executive rights, bonuses and delay rentals), production payments and any other similar, non-participatory interest, in certain producing and proved undeveloped oil and gas properties located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma and Texas.
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