During the last session, Sitio Royalties Corp (NYSE:STR)’s traded shares were 0.89 million, with the beta value of the company hitting 1.43. At the end of the trading day, the stock’s price was $17.85, reflecting an intraday loss of -0.78% or -$0.14. The 52-week high for the STR share is $25.64, that puts it down -43.64 from that peak though still a striking 18.32% gain since the share price plummeted to a 52-week low of $14.58. The company’s market capitalization is $2.70B, and the average trade volume was 802.27K shares over the past three months.
Sitio Royalties Corp (STR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.17. STR has a Sell rating from 1 analyst(s) out of 8 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it.
Sitio Royalties Corp (NYSE:STR) trade information
Sitio Royalties Corp (STR) registered a -0.78% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.78% in intraday trading to $17.85, hitting a weekly high. The stock’s 5-day price performance is 2.76%, and it has moved by 6.82% in 30 days. Based on these gigs, the overall price performance for the year is -23.32%.
The consensus price target of analysts on Wall Street is $28, which implies an increase of 36.25% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $27 and $33 respectively. As a result, STR is trading at a discount of -84.87% off the target high and -51.26% off the low.
While earnings are projected to return 340.20% in 2025.
STR Dividends
Sitio Royalties Corp is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Sitio Royalties Corp is 1.40, with the dividend yield indicating at 7.84 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 12.94 million shares, is of OAKTREE CAPITAL MANAGEMENT LP’s that is approximately 16.0185% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $305.4 million.
Also, the Mutual Funds coming in first place with the largest holdings of Sitio Royalties Corp (STR) shares are NEUBERGER BERMAN EQUITY FUNDS-Neuberger Berman Genesis Fund and Fidelity Securities Fund-Fidelity Small Cap Value Fund . Data provided on Feb 28, 2025 indicates that NEUBERGER BERMAN EQUITY FUNDS-Neuberger Berman Genesis Fund owns about 4.2 shares. This amounts to just over 5.39 percent of the company’s overall shares, with a $74.98 million market value. The same data shows that the other fund manager holds slightly less at 2.54, or about 3.26% of the stock, which is worth about $45.37 million.
