Cross Timbers Royalty Trust (NYSE: CRT) has reported earnings for its third fiscal quarter (ending September 30) of $0.41 versus $0.62 for the same period a year ago — a decline of -34%. E.P.S. were $1.98 for the latest four quarters through September 30 versus $1.78 for the same period a year ago — an increase of 11%.
Recent Price Action
Cross Timbers Royalty Trust (NYSE: CRT) stock enjoyed a large increase of 2.9% on 11/13/23. The stock closed at $19.75. The stock has risen 7.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CRT is expected to continue to be a major Value Builder.
Cross Timbers Royalty Trust has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Cross Timbers Royalty Trust has a slightly positive Power Rating of 62 and a good Appreciation Score of 76, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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