Royal Gold FY2025 EPS Raised by National Bank Financial

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

Several other analysts also recently weighed in on the company. TD Securities lifted their target price on Royal Gold from $181.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Raymond James lifted their price objective on Royal Gold from $184.00 to $186.00 and gave the company an “outperform” rating in a report on Monday, November 11th. Finally, Jefferies Financial Group upgraded Royal Gold from a “hold” rating to a “buy” rating and lifted their price objective 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 assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $168.86.

Royal Gold Trading Up 4.3 %

NASDAQ:RGLD opened at $153.49 on Wednesday. Royal Gold has a twelve month low of $100.55 and a twelve month high of $155.58. The company has a market cap of $10.09 billion, a price-to-earnings ratio of 35.20, a price-to-earnings-growth ratio of 0.87 and a beta of 0.90. The stock has a fifty day simple moving average of $139.37 and a 200-day simple moving average of $141.00.

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

Hedge Funds Weigh In On Royal Gold

Large investors have recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC purchased a new stake in shares of Royal Gold during the fourth quarter worth about $25,000. Point72 Hong Kong Ltd purchased a new stake in shares of Royal Gold during the third quarter worth about $36,000. Advisors Asset Management Inc. purchased a new stake in shares of Royal Gold during the third quarter worth about $38,000. Nomura Asset Management Co. Ltd. grew its stake in shares of Royal Gold by 61.1% during the third quarter. Nomura Asset Management Co. Ltd. now owns 290 shares of the basic materials company’s stock worth $41,000 after acquiring an additional 110 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Royal Gold during the fourth quarter worth about $42,000. 83.65% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Royal Gold news, SVP Daniel Breeze sold 549 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $150.00, for a total value of $82,350.00. Following the completion of the transaction, the senior vice president now directly owns 16,293 shares in the company, valued at approximately $2,443,950. The trade was a 3.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.52% of the stock is currently owned by corporate insiders.

Royal Gold Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, January 3rd were issued a $0.45 dividend. The ex-dividend date was Friday, January 3rd. This is an increase from Royal Gold’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a yield of 1.17%. Royal Gold’s payout ratio is currently 41.28%.

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.