, Will stock surge before Earnings results? Mesa Royalty Trust (NYSE:MTR)

Earnings results for Mesa Royalty Trust (NYSE:MTR)

Mesa Royalty Trust is estimated to report earnings on 06/04/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $0.2.

Analyst Opinion on Mesa Royalty Trust (NYSE:MTR)

Dividend Strength: Mesa Royalty Trust (NYSE:MTR)

Mesa Royalty Trust is a leading dividend payer. It pays a dividend yield of 57.60%, putting its dividend yield in the top 25% of dividend-paying stocks. Mesa Royalty Trust has only been increasing its dividend for 1 years.

Insiders buying/selling: Mesa Royalty Trust (NYSE:MTR)

In the past three months, Mesa Royalty Trust insiders have not sold or bought any company stock. Only 12.07% of the stock of Mesa Royalty Trust is held by institutions.

Earnings and Valuation of Mesa Royalty Trust (NYSE:MTR

The P/E ratio of Mesa Royalty Trust is 10.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.52. The P/E ratio of Mesa Royalty Trust is 10.85, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 21.80. Mesa Royalty Trust has a P/B Ratio of 4.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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