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Sitio Royalties ( (STR) ) has provided an announcement.
On May 13, 2025, Sitio Royalties Corp. held its 2025 Annual Meeting of Stockholders, where stockholders voted on three key proposals. The election of directors saw high approval rates for all nine nominees, with Christopher L. Conoscenti receiving the highest support at 99.70%. Additionally, the company’s executive compensation was approved in a non-binding advisory vote, and KPMG LLP’s appointment as the independent registered public accounting firm for 2025 was ratified, indicating strong shareholder confidence in the company’s governance and financial oversight.
The most recent analyst rating on (STR) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Sitio Royalties stock, see the STR Stock Forecast page.
Spark’s Take on STR Stock
According to Spark, TipRanks’ AI Analyst, STR is a Neutral.
Sitio Royalties exhibits strong financial growth and positive earnings call sentiment, which are significant positive factors. However, high leverage and valuation concerns pose notable risks. The technical analysis suggests a cautious approach due to mixed signals. Investors should weigh the high dividend yield against the potential financial risks associated with the company’s leverage.
To see Spark’s full report on STR stock, click here.
More about Sitio Royalties
Average Trading Volume: 817,783
Technical Sentiment Signal: Sell
Current Market Cap: $2.84B
See more insights into STR stock on TipRanks’ Stock Analysis page.