PrairieSky Royalty (PSK) Stock Price, News & Analysis

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PrairieSky Royalty in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PSK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PSK, but not buy additional shares or sell existing shares.
View PSK analyst ratings or view top-rated stocks.

9 equities research analysts have issued 12 month target prices for PrairieSky Royalty's stock. Their PSK share price targets range from C$24.00 to C$30.00. On average, they predict the company's share price to reach C$26.50 in the next twelve months. This suggests that the stock has a possible downside of 3.9%.
View analysts price targets for PSK or view top-rated stocks among Wall Street analysts.

PrairieSky Royalty's stock was trading at C$23.20 at the beginning of the year. Since then, PSK shares have increased by 18.8% and is now trading at C$27.57.
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The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our PSK earnings forecast.

PrairieSky Royalty Ltd. (TSE:PSK) announced its earnings results on Monday, February, 12th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.22 by $0.06. The firm had revenue of $136.60 million for the quarter. PrairieSky Royalty had a trailing twelve-month return on equity of 8.22% and a net margin of 47.46%.

PrairieSky Royalty declared a quarterly dividend on Monday, March 11th. Stockholders of record on Thursday, March 28th will be given a dividend of 0.25 per share on Monday, April 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of C$0.24.
Read our dividend analysis for PSK.

PrairieSky Royalty (TSE:PSK) pays an annual dividend of C$1.00 per share and currently has a dividend yield of 3.84%. The dividend payout ratio is 105.26%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PSK.

Based on aggregate information from My MarketBeat watchlists, some companies that other PrairieSky Royalty investors own include AltaGas (ALA), Canadian Natural Resources (CNQ), CVS Health (CVS), ARC Resources (ARX), Canadian National Railway (CNR), RioCan Real Estate Investment Trust (REI.UN), Toronto-Dominion Bank (TD), Vermilion Energy (VET), Inter Pipeline (IPL) and Lightspeed Commerce (LSPD).

Shares of PSK stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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