Raymond James Has Bearish Outlook for OR FY2025 Earnings

Osisko Gold Royalties Ltd (NYSE:OR) – Research analysts at Raymond James lowered their FY2025 earnings estimates for Osisko Gold Royalties in a report released on Tuesday, January 7th. Raymond James analyst B. Macarthur now forecasts that the basic materials company will earn $0.56 per share for the year, down from their prior estimate of $0.57. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.48 per share.

Other research analysts have also issued research reports about the company. TD Securities lowered Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. TD Cowen downgraded shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a report on Monday, November 11th. Finally, Jefferies Financial Group boosted their target price on shares of Osisko Gold Royalties from $19.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, October 4th.

Osisko Gold Royalties Stock Up 0.4 %

Shares of OR opened at $18.59 on Thursday. The firm has a market cap of $3.47 billion, a P/E ratio of -88.52 and a beta of 1.02. Osisko Gold Royalties has a 12 month low of $12.77 and a 12 month high of $21.29. The stock’s 50 day moving average is $19.11 and its two-hundred day moving average is $18.26. The company has a current ratio of 4.40, a quick ratio of 4.40 and a debt-to-equity ratio of 0.05.

Institutional Trading of Osisko Gold Royalties

Several large investors have recently bought and sold shares of OR. Mackenzie Financial Corp lifted its holdings in Osisko Gold Royalties by 237.0% in the second quarter. Mackenzie Financial Corp now owns 1,977,895 shares of the basic materials company’s stock valued at $30,827,000 after acquiring an additional 1,391,005 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Osisko Gold Royalties by 20.5% in the 2nd quarter. Millennium Management LLC now owns 6,587,348 shares of the basic materials company’s stock valued at $102,631,000 after purchasing an additional 1,122,653 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Osisko Gold Royalties by 190.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 796,804 shares of the basic materials company’s stock worth $14,766,000 after purchasing an additional 522,551 shares during the period. Scheer Rowlett & Associates Investment Management Ltd. increased its position in shares of Osisko Gold Royalties by 53.9% during the 3rd quarter. Scheer Rowlett & Associates Investment Management Ltd. now owns 965,801 shares of the basic materials company’s stock worth $17,886,000 after purchasing an additional 338,354 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Osisko Gold Royalties by 45.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 420,462 shares of the basic materials company’s stock valued at $7,783,000 after buying an additional 131,558 shares during the period. Hedge funds and other institutional investors own 68.52% of the company’s stock.

Osisko Gold Royalties Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.048 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.19 dividend on an annualized basis and a yield of 1.03%. This is a positive change from Osisko Gold Royalties’s previous quarterly dividend of $0.05. Osisko Gold Royalties’s dividend payout ratio (DPR) is presently -90.48%.

Osisko Gold Royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company’s primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.