Shares of Pacific Coast Oil Trust (NYSE:ROYT) have received a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Brokers have set a 1 year consensus price objective of $2.00 for the company and are predicting that the company will post $0.08 EPS for the current quarter, according to Zacks. Zacks has also given Pacific Coast Oil Trust an industry rank of 100 out of 256 based on the ratings given to related companies.
Shares of NYSE ROYT opened at $2.20 on Tuesday. Pacific Coast Oil Trust has a 1 year low of $1.48 and a 1 year high of $2.95. The company’s 50-day moving average is $2.16. The stock has a market capitalization of $84.50 million, a PE ratio of 7.30 and a beta of 2.02.
Pacific Coast Oil Trust (NYSE:ROYT) last announced its quarterly earnings results on Wednesday, May 1st. The oil and gas producer reported $0.05 earnings per share (EPS) for the quarter. Pacific Coast Oil Trust had a net margin of 21.05% and a return on equity of 5.41%. The company had revenue of $11.60 million for the quarter. As a group, equities research analysts anticipate that Pacific Coast Oil Trust will post 0.22 EPS for the current fiscal year.
The business also recently declared a monthly dividend, which will be paid on Monday, August 19th. Investors of record on Monday, August 5th will be given a dividend of $0.0207 per share. This represents a $0.25 annualized dividend and a dividend yield of 11.31%. The ex-dividend date of this dividend is Friday, August 2nd. Pacific Coast Oil Trust’s dividend payout ratio is currently 100.00%.
Several hedge funds and other institutional investors have recently made changes to their positions in ROYT. Regal Investment Advisors LLC purchased a new stake in Pacific Coast Oil Trust in the first quarter worth about $31,000. Jane Street Group LLC purchased a new stake in Pacific Coast Oil Trust in the fourth quarter worth about $35,000. Finally, Marshall Wace LLP purchased a new stake in Pacific Coast Oil Trust in the first quarter worth about $47,000. Institutional investors own 13.24% of the company’s stock.
Pacific Coast Oil Trust Company Profile
Pacific Coast Oil Trust acquires and holds net profits and royalty interests in various oil and natural gas properties located in California. Its properties include Orcutt properties located in the Santa Maria Basin; and West Pico, East Coyote, and Sawtelle properties located in the Los Angeles Basin of California.
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