Brokers Set Expectations for Royal Gold FY2025 Earnings

Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) – Stock analysts at National Bank Financial increased their FY2025 earnings per share estimates for Royal Gold in a research note issued on Monday, February 10th. National Bank Financial analyst S. Nagle now expects that the basic materials company will post earnings of $6.33 per share for the year, up from their prior estimate of $6.18. The consensus estimate for Royal Gold’s current full-year earnings is $5.16 per share.

A number of other research analysts also recently issued reports on the company. TD Securities boosted their price target on Royal Gold from $181.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Raymond James increased their price objective on Royal Gold from $184.00 to $186.00 and gave the company an “outperform” rating in a research note on Monday, November 11th. Finally, Jefferies Financial Group upgraded Royal Gold from a “hold” rating to a “buy” rating and upped their target price for the company from $154.00 to $178.00 in a report on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Royal Gold presently has an average rating of “Hold” and an average price target of $168.86.

Royal Gold Trading Up 4.3 %

Shares of NASDAQ:RGLD opened at $153.49 on Wednesday. Royal Gold has a 12-month low of $100.55 and a 12-month high of $155.58. The company has a market capitalization of $10.09 billion, a PE ratio of 35.20, a PEG ratio of 0.87 and a beta of 0.90. The business has a 50 day moving average of $139.37 and a two-hundred day moving average of $141.00.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last issued its earnings results on Wednesday, February 12th. The basic materials company reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.17. Royal Gold had a return on equity of 10.18% and a net margin of 42.93%.

Royal Gold Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, January 3rd were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.17%. The ex-dividend date of this dividend was Friday, January 3rd. This is a positive change from Royal Gold’s previous quarterly dividend of $0.40. Royal Gold’s dividend payout ratio (DPR) is 41.28%.

Insider Transactions at Royal Gold

In related news, SVP Daniel Breeze sold 549 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $150.00, for a total transaction of $82,350.00. Following the transaction, the senior vice president now owns 16,293 shares in the company, valued at $2,443,950. This trade represents a 3.26 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.52% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in RGLD. Exchange Traded Concepts LLC purchased a new position in Royal Gold during the 4th quarter worth approximately $25,000. Point72 Hong Kong Ltd purchased a new position in Royal Gold during the 3rd quarter worth approximately $36,000. Advisors Asset Management Inc. purchased a new position in shares of Royal Gold in the 3rd quarter valued at approximately $38,000. Nomura Asset Management Co. Ltd. grew its stake in shares of Royal Gold by 61.1% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 290 shares of the basic materials company’s stock valued at $41,000 after purchasing an additional 110 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Royal Gold in the 4th quarter valued at approximately $42,000. Hedge funds and other institutional investors own 83.65% of the company’s stock.

Royal Gold Company Profile

Royal Gold, Inc, together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. The company engages in acquiring stream and royalty interests or to finance projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and other metals.