North European Oil Royalty Trust (NRT) Stock Forecast, Price & News

North European Oil Royalty Trust's stock was trading at $12.69 at the beginning of the year. Since then, NRT stock has decreased by 11.3% and is now trading at $11.25.
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North European Oil Royalty Trust saw a decline in short interest during the month of April. As of April 30th, there was short interest totaling 20,400 shares, a decline of 44.4% from the April 15th total of 36,700 shares. Based on an average trading volume of 130,400 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the shares of the stock are short sold.
View North European Oil Royalty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, August 18th 2023.
View our NRT earnings forecast.

North European Oil Royalty Trust (NYSE:NRT) announced its quarterly earnings results on Tuesday, February, 28th. The energy company reported $1.00 earnings per share (EPS) for the quarter. The energy company earned $9.77 million during the quarter. North European Oil Royalty Trust had a trailing twelve-month return on equity of 6,299.79% and a net margin of 97.46%.

North European Oil Royalty Trust announced a quarterly dividend on Friday, April 28th. Stockholders of record on Friday, May 19th will be given a dividend of $1.05 per share on Wednesday, May 31st. This represents a $4.20 dividend on an annualized basis and a dividend yield of 37.33%. The ex-dividend date of this dividend is Thursday, May 18th. This is an increase from the stock's previous quarterly dividend of $1.00.
Read our dividend analysis for NRT.

North European Oil Royalty Trust (NYSE:NRT) pays an annual dividend of $4.20 per share and currently has a dividend yield of 30.70%. NRT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 129.23%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NRT.

Based on aggregate information from My MarketBeat watchlists, some companies that other North European Oil Royalty Trust investors own include Energy Transfer (ET), NGL Energy Partners (NGL), AT&T (T), BP Prudhoe Bay Royalty Trust (BPT), Cornerstone Strategic Value Fund (CLM), SandRidge Permian Trust (PER), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Prospect Capital (PSEC) and SunCoke Energy Partners (SXCP).

North European Oil Royalty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "NRT."

North European Oil Royalty Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Peapack Gladstone Financial Corp (0.19%), D.A. Davidson & CO. (0.19%), Susquehanna International Group LLP (0.00%), First Republic Investment Management Inc. (0.14%), Neville Rodie & Shaw Inc. (0.13%) and UBS Group AG (0.05%). Insiders that own company stock include Nancy J F Prue and Robert P Adelman.
View institutional ownership trends.

Shares of NRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NRT stock can currently be purchased for approximately $11.25.

North European Oil Royalty Trust (NYSE:NRT) has a market capitalization of $103.39 million and generates $17.80 million in revenue each year. The energy company earns $17.09 million in net income (profit) each year or $3.25 on an earnings per share basis.

North European Oil Royalty Trust's mailing address is 5 NORTH LINCOLN STREET, KEENE NH, 03431. The official website for the company is www.neort.com. The energy company can be reached via phone at (732) 741-4008, via email at jvankirk@neort.com, or via fax at 732-741-3140.