Royal Gold FY2025 EPS Raised by National Bank Financial

Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) – Equities researchers at National Bank Financial increased their FY2025 earnings estimates for shares of Royal Gold in a research report issued on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will post earnings of $6.33 per share 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.

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

Royal Gold Trading Down 1.5 %

Shares of RGLD stock opened at $144.87 on Wednesday. The firm has a market capitalization of $9.53 billion, a P/E ratio of 33.23, a price-to-earnings-growth ratio of 0.87 and a beta of 0.90. Royal Gold has a 1 year low of $100.55 and a 1 year high of $155.10. The firm’s fifty day simple moving average is $139.38 and its 200 day simple moving average is $140.96.

Institutional Trading of Royal Gold

Several large investors have recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC acquired a new position in shares of Royal Gold in the 4th quarter worth approximately $25,000. Point72 Hong Kong Ltd bought a new position in Royal Gold in the 3rd quarter valued at $36,000. Advisors Asset Management Inc. acquired a new position in Royal Gold in the third quarter worth $38,000. Nomura Asset Management Co. Ltd. grew its holdings 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 purchasing an additional 110 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Royal Gold in the fourth quarter valued at $42,000. 83.65% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, SVP Daniel Breeze sold 549 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $150.00, for a total transaction of $82,350.00. Following the completion of the sale, 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.52% of the stock is owned by corporate insiders.

Royal Gold Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, January 3rd were issued a $0.45 dividend. The ex-dividend date was Friday, January 3rd. This is a boost from Royal Gold’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.24%. Royal Gold’s dividend payout ratio is presently 41.28%.

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.