News stories about Enduro Royalty Trust (NYSE:NDRO) have trended positive on Sunday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Enduro Royalty Trust earned a coverage optimism score of 0.32 on Accern’s scale. Accern also gave headlines about the oil and gas producer an impact score of 46.8161080140482 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Enduro Royalty Trust (NYSE:NDRO) opened at $3.50 on Friday. The stock has a market capitalization of $115.50, a PE ratio of 11.67 and a beta of 0.45. Enduro Royalty Trust has a 52 week low of $2.75 and a 52 week high of $4.45.
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be paid a $0.0164 dividend. This represents a $0.20 annualized dividend and a dividend yield of 5.61%. The ex-dividend date of this dividend is Thursday, December 28th. This is a boost from Enduro Royalty Trust’s previous monthly dividend of $0.00. Enduro Royalty Trust’s dividend payout ratio (DPR) is presently 66.67%.
Separately, Stifel Nicolaus cut Enduro Royalty Trust from a “buy” rating to a “hold” rating and lifted their price objective for the company from $3.75 to $4.00 in a research note on Wednesday, September 27th.
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About Enduro Royalty Trust
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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