SIR Royalty Income Fund has seen a week of declines, with no major news driving the stock's price action.
This week, SIR Royalty Income Fund (SRV-UN.TO) experienced a notable drop, closing at C$15.25 after a decrease of 2.49% on the last trading day. Over the past week, the stock has declined by 2.94%, continuing a trend that has seen its value decrease by 8.88% in the past month. Year-to-date, the stock has managed a modest gain of 1.16%. Despite this week's price action, there has been no significant company news or announcements to explain the downward momentum.
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SIR Royalty Income Fund
SRV-UN.TO
SRV-UN.TO
SIR Royalty Income Fund
WealthAwesomeMarket cap
$127.81M
P/E
15.7x
Div. yield
8.14%
Div. / share
$1.24
52W high
$16.76
52W low
$12.90
1W change
-2.94%
Beta
-0.13
Analyst Price Targets
Based on analyst covering SRV-UN
Wall Street analysts forecast SRV-UN stock price to fall 29.4% over the next 12 months.
Consensus
BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$10.50
-29.4% Upside
Current Price
C$14.88
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on SRV-UN's historical volatility
30-Day Vol
19.7%
Annualized
90-Day Vol
15.2%
Annualized
Trend (90d)
-19.8%
Annualized drift
90d Mean
C$13.86
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$14.53 | C$13.58 โ C$15.55 |
| 60 trading days | C$14.19 | C$12.89 โ C$15.62 |
| 90 trading days | C$13.86 | C$12.32 โ C$15.59 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should note the significant drop in volume compared to average trading levels, indicating a potential lack of interest or confidence in the stock at this time. The technical indicators suggest a cautious approach, particularly given the recent price movements.
SIR Royalty Income Fund's stock down 2.49% today, closing at C$15.25.
The stock is currently trading 5.0% below its 50-day moving average of C$16.05 and is near the lower end of its 52-week range of C$12.90 to C$16.76.
Bull case
The SIR Royalty Income Fund has consistently delivered cash distributions, with the latest announcements showing a steady payout. This could attract income-focused investors, especially in a low-interest-rate environment.
Bear case
With analysts holding a bearish outlook and the stock price declining, investors should be cautious. The stock's performance relative to its moving averages and the high trading volume could indicate underlying weaknesses.
Recent Price Action
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SIR Royalty Income Fund closed at C$15.25 on the latest trading day, reflecting a decline of 2.49%. Over the past week, the stock has lost 2.94% of its value, and it has been down 8.88% over the last month. Year-to-date, the stock has managed to gain 1.16%, indicating some resilience despite recent declines.
Technical Picture
The technical indicators for SIR Royalty Income Fund show that the stock is trading below both its 50-day moving average of C$16.05 and its 200-day moving average of C$15.49, suggesting a bearish trend. The stock is currently at 61% of its 52-week range of C$12.90 to C$16.76. With a beta of -0.13, the stock has shown lower volatility compared to the market. Notably, the latest trading volume of 6,486 shares is significantly higher than the 20-day average volume of 3,418 shares, indicating increased trading interest.
Distribution Announcements
Despite the recent price declines, SIR Royalty Income Fund has announced consistent cash distributions, including a recent declaration of $0.105 per unit for July 2026, payable on August 31, 2026. These distributions may provide some support to investors looking for income generation from their investments.
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