PHX Price Forecast Based on Dividend Discount Model

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for PHX, the DDM model generated by StockNews estimates a return of positive 66.12% in comparison to its current price. To help understand and contextualize the model's evaluation of PHX, investors may wish to consider are:

• As for its position relative to other Energy stocks that issue dividends, PHX provides shareholders with a dividend yield greater than merely 20.37% such stocks.
• Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for Panhandle Oil & Gas Inc than it is for 85.19% of other dividend issuers in the Energy sector.
• Based on dividend growth rate, PHX boasts a higher growth rate in terms of its annual cash distributed to its owners than 9.47% of the dividend issuers in our set.

PHX Dividends vs. Peers