Headlines about Sabine Royalty Trust (NYSE:SBR) have been trending somewhat positive this week, Accern reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sabine Royalty Trust earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave news stories about the energy company an impact score of 47.8256416705234 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Sabine Royalty Trust (SBR) traded up 1.48% on Friday, reaching $41.20. The company’s stock had a trading volume of 6,594 shares. The company has a market capitalization of $600.65 million, a price-to-earnings ratio of 18.12 and a beta of 0.26. Sabine Royalty Trust has a 12-month low of $33.46 and a 12-month high of $41.86. The firm has a 50-day moving average of $40.42 and a 200 day moving average of $38.82.
Sabine Royalty Trust (NYSE:SBR) last posted its quarterly earnings data 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. Stockholders of record on Monday, October 16th will be paid a $0.1509 dividend. This represents a $1.81 dividend on an annualized basis and a dividend yield of 4.46%. The ex-dividend date of this dividend is Friday, October 13th. Sabine Royalty Trust’s dividend payout ratio is presently 79.74%.
Separately, BidaskClub downgraded Sabine Royalty Trust from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th.
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About Sabine Royalty Trust
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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