Q2 Earnings Estimate for Royal Gold Issued By Raymond James

Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) – Analysts at Raymond James increased their Q2 2025 earnings per share estimates for Royal Gold in a research report issued on Thursday, May 8th. Raymond James analyst B. Macarthur now forecasts that the basic materials company will post earnings per share of $1.68 for the quarter, up from their prior forecast of $1.65. Raymond James currently has a “Outperform” rating and a $200.00 target price on the stock. The consensus estimate for Royal Gold’s current full-year earnings is $6.20 per share. Raymond James also issued estimates for Royal Gold’s Q3 2025 earnings at $2.01 EPS, Q4 2025 earnings at $2.14 EPS, FY2025 earnings at $7.34 EPS, Q1 2026 earnings at $1.85 EPS, Q2 2026 earnings at $1.90 EPS, Q3 2026 earnings at $1.95 EPS, Q4 2026 earnings at $2.02 EPS and FY2026 earnings at $7.72 EPS.

RGLD has been the topic of a number of other research reports. Scotiabank upgraded Royal Gold from a “sector perform” rating to a “sector outperform” rating and raised their target price for the company from $166.00 to $189.00 in a report on Monday, April 14th. CIBC raised their target price on Royal Gold from $202.00 to $215.00 and gave the company a “neutral” rating in a report on Thursday, May 8th. BMO Capital Markets assumed coverage on Royal Gold in a research report on Wednesday, April 16th. They set a “market perform” rating and a $196.00 price target for the company. Finally, Royal Bank of Canada decreased their price target on Royal Gold from $175.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, April 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $183.00.

Royal Gold Stock Down 7.3%

RGLD stock opened at $170.87 on Monday. Royal Gold has a twelve month low of $119.72 and a twelve month high of $191.78. The stock’s 50 day moving average is $168.47 and its 200-day moving average is $151.95. The firm has a market capitalization of $11.24 billion, a PE ratio of 33.90, a P/E/G ratio of 3.42 and a beta of 0.48.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last posted its earnings results on Wednesday, May 7th. The basic materials company reported $1.51 earnings per share for the quarter, beating analysts’ consensus estimates of $1.37 by $0.14. Royal Gold had a return on equity of 11.46% and a net margin of 46.15%. The company had revenue of $193.44 million for the quarter, compared to analyst estimates of $176.17 million. During the same quarter last year, the company earned $0.91 earnings per share. The company’s revenue for the quarter was up 29.9% on a year-over-year basis.

Royal Gold Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Friday, April 4th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend was Friday, April 4th. Royal Gold’s payout ratio is 29.80%.

Insider Activity at Royal Gold

In other Royal Gold news, SVP Randy Shefman sold 1,300 shares of the firm’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $154.98, for a total value of $201,474.00. Following the completion of the sale, the senior vice president now directly owns 9,360 shares of the company’s stock, valued at $1,450,612.80. This trade represents a 12.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.49% of the stock is currently owned by company insiders.

Institutional Trading of Royal Gold

A number of large investors have recently bought and sold shares of RGLD. GAMMA Investing LLC increased its position in Royal Gold by 17,722.4% in the first quarter. GAMMA Investing LLC now owns 457,501 shares of the basic materials company’s stock worth $74,806,000 after buying an additional 454,934 shares during the last quarter. Select Equity Group L.P. purchased a new position in shares of Royal Gold in the fourth quarter valued at $55,825,000. Norges Bank purchased a new position in shares of Royal Gold in the fourth quarter valued at $44,009,000. Nuveen LLC purchased a new position in shares of Royal Gold in the first quarter valued at $40,882,000. Finally, Victory Capital Management Inc. grew its position in shares of Royal Gold by 117.0% in the first quarter. Victory Capital Management Inc. now owns 415,179 shares of the basic materials company’s stock valued at $67,886,000 after purchasing an additional 223,870 shares in the last quarter. 83.65% of the stock is owned by hedge funds and other institutional investors.

About Royal Gold

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.