Enduro Royalty Trust (NYSE:NDRO) has been assigned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Analysts have set a 1-year consensus target price of $3.50 for the company and are forecasting that the company will post $0.03 EPS for the current quarter, according to Zacks. Zacks has also given Enduro Royalty Trust an industry rank of 121 out of 255 based on the ratings given to related companies.

Enduro Royalty Trust traded down $0.05, reaching $3.45, during mid-day trading on Monday, according to Marketbeat.com. 56,888 shares of the stock were exchanged, compared to its average volume of 62,846. The company has a market capitalization of $115.50 million, a price-to-earnings ratio of 2.54 and a beta of 0.21. Enduro Royalty Trust has a 1 year low of $2.75 and a 1 year high of $4.45.

Enduro Royalty Trust (NYSE:NDRO) last posted its quarterly earnings data on Tuesday, May 8th. The oil and gas producer reported $0.07 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.07. The firm had revenue of $18.63 million for the quarter. Enduro Royalty Trust had a net margin of 98.22% and a return on equity of 47.00%. sell-side analysts forecast that Enduro Royalty Trust will post 0.18 EPS for the current fiscal year.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, August 14th. Shareholders of record on Tuesday, July 31st will be issued a dividend of $0.043 per share. This represents a $0.52 dividend on an annualized basis and a yield of 14.96%. The ex-dividend date is Monday, July 30th. Enduro Royalty Trust’s dividend payout ratio is 38.24%.

A hedge fund recently raised its stake in Enduro Royalty Trust stock. Bessemer Group Inc. grew its position in shares of Enduro Royalty Trust (NYSE:NDRO) by 65.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 77,450 shares of the oil and gas producer’s stock after acquiring an additional 30,650 shares during the quarter. Bessemer Group Inc. owned 0.23% of Enduro Royalty Trust worth $287,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 58.02% of the stock is owned by institutional investors and hedge funds.

About Enduro Royalty Trust

Enduro Royalty Trust operates a statutory trust. It owns a net profits interest representing the right to receive an 80% of the net profits from the sale of oil and natural gas production from properties located in the states of Texas, Louisiana, and New Mexico held by Enduro Resource Partners LLC. The company was founded in 2011 and is based in Houston, Texas.

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