Media stories about Enduro Royalty Trust (NYSE:NDRO) have been trending positive this week, Alpha One reports. The research group, a service of Accern, identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Enduro Royalty Trust earned a coverage optimism score of 0.31 on Alpha One’s scale. Alpha One also assigned news articles about the oil and gas producer an impact score of 50 out of 100, meaning that recent news coverage is somewhat likely to have an effect on the company’s share price in the immediate future.
Shares of Enduro Royalty Trust (NYSE NDRO) remained flat at $3.45 during trading on Friday. 58,503 shares of the stock traded hands. Enduro Royalty Trust has a 12-month low of $3.05 and a 12-month high of $4.55. The firm’s 50-day moving average is $3.29 and its 200-day moving average is $3.53. The stock has a market capitalization of $113.85 million, a price-to-earnings ratio of 14.32 and a beta of 0.36.
The firm also recently announced a monthly dividend, which was paid on Wednesday, June 14th. Stockholders of record on Wednesday, May 31st were paid a dividend of $0.023 per share. The ex-dividend date was Friday, May 26th. This represents a $0.28 annualized dividend and a dividend yield of 8.00%. Enduro Royalty Trust’s dividend payout ratio (DPR) is 112.00%.
A number of equities analysts have weighed in on the company. Stifel Nicolaus reiterated a “sell” rating and set a $2.00 price objective on shares of Enduro Royalty Trust in a research note on Friday, May 26th. Zacks Investment Research upgraded Enduro Royalty Trust from a “sell” rating to a “hold” rating in a research note on Friday, May 26th.
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Enduro Royalty Trust Company Profile
Enduro Royalty Trust (the Trust) is a statutory trust formed by Enduro Resource Partners LLC (Enduro), as trustor, The Bank of New York Mellon Trust Company, N.A. (the Trustee), as trustee, and Wilmington Trust Company (the Delaware Trustee), as Delaware Trustee. The Trust was created to acquire and hold for the benefit of the Trust unitholders a net profits interest representing the right to receive approximately 80% of the net profits from the sale of oil and natural gas production from certain properties in the states of Texas, Louisiana and New Mexico held by Enduro as of the date of the conveyance of the net profits interest to the Trust (the Net Profits Interest).
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