PrairieSky Royalty Ltd (TSE:PSK) is scheduled to be releasing its earnings data after the market closes on Monday, October 30th. Analysts expect PrairieSky Royalty to post earnings of C$0.07 per share for the quarter.

PrairieSky Royalty (TSE:PSK) last released its earnings results on Monday, July 24th. The company reported C$0.17 EPS for the quarter, topping analysts’ consensus estimates of C$0.08 by C$0.09. PrairieSky Royalty had a net margin of 39.63% and a return on equity of 5.85%. The business had revenue of C$102.20 million for the quarter.

Shares of PrairieSky Royalty Ltd (PSK) opened at 31.77 on Monday. The company has a 50 day moving average of $31.51 and a 200-day moving average of $29.75. The company has a market capitalization of $7.52 billion and a P/E ratio of 86.57. PrairieSky Royalty Ltd has a 12-month low of $27.10 and a 12-month high of $34.32.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 15th will be paid a $0.0625 dividend. This represents a $0.75 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend is Monday, October 30th.

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Several brokerages have recently issued reports on PSK. Royal Bank Of Canada reduced their target price on shares of PrairieSky Royalty from C$38.00 to C$34.00 in a research note on Thursday, July 20th. GMP Securities raised their target price on shares of PrairieSky Royalty from C$30.00 to C$31.00 in a research note on Wednesday, July 26th. CIBC raised their target price on shares of PrairieSky Royalty from C$35.00 to C$38.00 in a research note on Tuesday, October 17th. National Bank Financial reduced their target price on shares of PrairieSky Royalty from C$29.00 to C$28.00 and set a “sector perform” rating on the stock in a research note on Friday, October 13th. Finally, BMO Capital Markets raised their target price on shares of PrairieSky Royalty from C$30.00 to C$35.00 in a research note on Tuesday, October 10th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of C$33.80.

PrairieSky Royalty Company Profile

PrairieSky Royalty Ltd. is a Canada-based company, which holds a portfolio of fee simple mineral title, and oil and gas royalty interests in Canada. The Company’s properties are located in British Columbia, Alberta, Saskatchewan and Manitoba. As of December 31, 2016, the Company’s assets include the Fee Lands, encompassing approximately 7.8 million acres; the GORR Interests, encompassing approximately 6.3 million acres of the GORR Lands; the GRT Interests, encompassing approximately 0.2 million acres of the GRT Lands; approximately 0.2 million acres of Crown Interest Lands primarily in Alberta, and the Seismic License to certain seismic data of Encana Corporation, encompassing approximately 43,000 kilometers of two dimensional seismic and over 13,000 square kilometers of three dimensional seismic.

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