TSE:FRU
7.20
0.18
(2.44%)
Analysis and Opinions about FRU-T
Signal
Opinion
Expert
COMMENT
COMMENT
February 18, 2020
He doesn't own much oil--too uncertainty. But royalty companies have some advantages and FRU is a good company. If you expect a rebound in energy stocks (he doubts it), FRU isn't a bad way to play. The dividend is relatively secure.
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He doesn't own much oil--too uncertainty. But royalty companies have some advantages and FRU is a good company. If you expect a rebound in energy stocks (he doubts it), FRU isn't a bad way to play. The dividend is relatively secure.
HOLD
HOLD
February 12, 2020
A much lower beta play on an oil price recovery. They need $55 oil prices to sustain their cash flows. He likes their low cost assets. Yield 7.5%
Show full opinionHide full opinionA much lower beta play on an oil price recovery. They need $55 oil prices to sustain their cash flows. He likes their low cost assets. Yield 7.5%
TOP PICK
TOP PICK
January 6, 2020
He can't figure out why these types of royalty companies are going out of favour. This type of environment is a good for royalty companies. The dividend is 8.41%. This is an oil and gas name that is safe to own this year. He thinks they will increase the dividend this year. (Analysts’ price target is $10.37)
Show full opinionHide full opinionHe can't figure out why these types of royalty companies are going out of favour. This type of environment is a good for royalty companies. The dividend is 8.41%. This is an oil and gas name that is safe to own this year. He thinks they will increase the dividend this year. (Analysts’ price target is $10.37)
PAST TOP PICK
PAST TOP PICK
November 28, 2019
(A Top Pick Aug 26/19, Down 0.3%) Has added to his position. A free cashflow machine. Great balance sheet. When the energy sector turns, this stock will take off. Free cashflow yield is 13-14%. A lot of upside. Yield is 9%.
Show full opinionHide full opinion(A Top Pick Aug 26/19, Down 0.3%) Has added to his position. A free cashflow machine. Great balance sheet. When the energy sector turns, this stock will take off. Free cashflow yield is 13-14%. A lot of upside. Yield is 9%.
BUY
BUY
November 18, 2019
It is a great time to be in a royalty company. This is one of the 4 oil and gas holdings he has. This company is pretty sleepy. They recently have been taking on debt, which they don't usually do. They are finding small deals to do because producers are struggling. He likes it and thinks it is well run.
Show full opinionHide full opinionIt is a great time to be in a royalty company. This is one of the 4 oil and gas holdings he has. This company is pretty sleepy. They recently have been taking on debt, which they don't usually do. They are finding small deals to do because producers are struggling. He likes it and thinks it is well run.
COMMENT
COMMENT
November 14, 2019
Every time it comes back up it gets beaten down. We are right at the 2009 levels. You have a place to hang your hat here. If it is breaking down here there are bigger problems with this one. You are probably going to get some kind of a dividend cut announcement which the market has already discounted. Expect some volatility.
Show full opinionHide full opinionEvery time it comes back up it gets beaten down. We are right at the 2009 levels. You have a place to hang your hat here. If it is breaking down here there are bigger problems with this one. You are probably going to get some kind of a dividend cut announcement which the market has already discounted. Expect some volatility.
SPECULATIVE BUY
SPECULATIVE BUY
October 18, 2019
A yield of this level is always a worry, even though management has said it is sustainable. Technically speaking, he looks back to 2009 to see support around current levels. He worries about trying to bottom feed here only to have the distribution cut. A speculative buy here. Yield 9%
Show full opinionHide full opinionA yield of this level is always a worry, even though management has said it is sustainable. Technically speaking, he looks back to 2009 to see support around current levels. He worries about trying to bottom feed here only to have the distribution cut. A speculative buy here. Yield 9%
TOP PICK
TOP PICK
August 26, 2019
Oil stocks have been slaughtered. This is like owning Saudi oil--FRU's cost of production is $5/barrel. So even if oil plunges to $30, it still makes money. These royalty companies are a great investment. Pays a 9% dividend, paying only 60% of free cash flow. A screaming bargain. (Analysts’ price target is $11.55)
Show full opinionHide full opinionOil stocks have been slaughtered. This is like owning Saudi oil--FRU's cost of production is $5/barrel. So even if oil plunges to $30, it still makes money. These royalty companies are a great investment. Pays a 9% dividend, paying only 60% of free cash flow. A screaming bargain. (Analysts’ price target is $11.55)
WATCH
WATCH
June 14, 2019
Royalty streams. If you believe in western Canada, you just own it, clip the dividend, and own this long-term asset. Owns PrairieSky instead. If you don't drill, it's not good for Freehold.
Royalty streams. If you believe in western Canada, you just own it, clip the dividend, and own this long-term asset. Owns PrairieSky instead. If you don't drill, it's not good for Freehold.
HOLD
HOLD
May 23, 2019
It is one of the higher quality Canadian energy stocks to own. He likes the dividend. There is some hope of Trans-Mountain getting some good news. It does not have much debt. Be patient with it and don't be overweight energy. Don't sell it here.
Show full opinionHide full opinionIt is one of the higher quality Canadian energy stocks to own. He likes the dividend. There is some hope of Trans-Mountain getting some good news. It does not have much debt. Be patient with it and don't be overweight energy. Don't sell it here.
BUY
BUY
May 1, 2019
Their development costs are low, and they pay a dividend. Rising oil prices is a tailwind. He recently bought it. Likes it.
Show full opinionHide full opinionTheir development costs are low, and they pay a dividend. Rising oil prices is a tailwind. He recently bought it. Likes it.
BUY
BUY
April 30, 2019
A well-run company. Zero debt. Yields close to 7%. It had a nice bounce off the bottom recently. It's a safe company even though it's in Canadian oil/gas. FRU benefit from oil companies struggling to raise capital; these companies can. instead, sell a royalty on their production to FRU and supply them with capital. It's a good cash-flow business.
Show full opinionHide full opinionA well-run company. Zero debt. Yields close to 7%. It had a nice bounce off the bottom recently. It's a safe company even though it's in Canadian oil/gas. FRU benefit from oil companies struggling to raise capital; these companies can. instead, sell a royalty on their production to FRU and supply them with capital. It's a good cash-flow business.
COMMENT
COMMENT
March 13, 2019
A good royalty company that pays over a 7% yield (safe), with a payout ratio over 60%. They carry no debt. The only problem with their model happens when their oil drillers don't drill, as they did last year. If this happens, collect the yield and wait.
Show full opinionHide full opinionA good royalty company that pays over a 7% yield (safe), with a payout ratio over 60%. They carry no debt. The only problem with their model happens when their oil drillers don't drill, as they did last year. If this happens, collect the yield and wait.
DON'T BUY
DON'T BUY
March 1, 2019
He likes royalty companies because do not have the risk of operating exposure. They are in the oil space in Canada. They take a piece of the production. The difficulty of royalties in the oil and gas industries is the short life of the wells. Therefore the certainty of the cash flow is not as high as what they were several years ago.
Show full opinionHide full opinionHe likes royalty companies because do not have the risk of operating exposure. They are in the oil space in Canada. They take a piece of the production. The difficulty of royalties in the oil and gas industries is the short life of the wells. Therefore the certainty of the cash flow is not as high as what they were several years ago.
PAST TOP PICK
PAST TOP PICK
January 31, 2019
(A Top Pick Jan 10/18, Down 30%) Just at the end of the year it dropped. He thinks this will get back to $12 this year, $14 will require a lot of stars to align. He still likes it and would stick with it.
Show full opinionHide full opinion(A Top Pick Jan 10/18, Down 30%) Just at the end of the year it dropped. He thinks this will get back to $12 this year, $14 will require a lot of stars to align. He still likes it and would stick with it.
Freehold Royalties(FRU-T) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 5
Neutral - Hold Signals / Votes : 2
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 8
Freehold Royalties(FRU-T) Frequently Asked Questions
What is Freehold Royalties stock symbol?
Freehold Royalties is a Canadian stock, trading under the symbol FRU-T on the Toronto Stock Exchange (FRU-CT). It is usually referred to as TSX:FRU or FRU-T
Is Freehold Royalties a buy or a sell?
In the last year, 8 stock analysts published opinions about FRU-T. 5 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Freehold Royalties.
Is Freehold Royalties a good investment or a top pick?
Freehold Royalties was recommended as a Top Pick by Michael Decter on 2020-02-18. Read the latest stock experts ratings for Freehold Royalties.
Why is Freehold Royalties stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Freehold Royalties worth watching?
8 stock analysts on Stockchase covered Freehold Royalties In the last year. It is a trending stock that is worth watching.
What is Freehold Royalties stock price?
On 2020-02-21, Freehold Royalties (FRU-T) stock closed at a price of $7.2.
