What is Scotiabank’s Forecast for OR FY2025 Earnings?

Osisko Gold Royalties Ltd (NYSE:OR) – Equities researchers at Scotiabank raised their FY2025 earnings estimates for Osisko Gold Royalties in a research note issued on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings per share of $0.53 for the year, up from their prior forecast of $0.47. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.48 per share.

Several other research analysts also recently commented on the company. Jefferies Financial Group lifted their target price on Osisko Gold Royalties from $19.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, October 4th. TD Cowen cut shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research report on Monday, November 11th. Finally, TD Securities downgraded shares of Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th.

Osisko Gold Royalties Stock Performance

Shares of OR stock opened at $18.65 on Monday. The stock has a market cap of $3.48 billion, a P/E ratio of -88.81 and a beta of 1.02. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.40 and a quick ratio of 4.40. The company has a fifty day moving average price of $19.07 and a two-hundred day moving average price of $18.32. Osisko Gold Royalties has a one year low of $12.77 and a one year high of $21.29.

Osisko Gold Royalties Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a $0.048 dividend. This represents a $0.19 dividend on an annualized basis and a dividend yield of 1.03%. This is an increase from Osisko Gold Royalties’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend is Tuesday, December 31st. Osisko Gold Royalties’s payout ratio is presently -85.71%.

Institutional Investors Weigh In On Osisko Gold Royalties

Large investors have recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC boosted its stake in shares of Osisko Gold Royalties by 9.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 39,178 shares of the basic materials company’s stock valued at $610,000 after purchasing an additional 3,492 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of Osisko Gold Royalties by 20.2% during the second quarter. American Century Companies Inc. now owns 565,066 shares of the basic materials company’s stock worth $8,804,000 after buying an additional 95,000 shares in the last quarter. Renaissance Technologies LLC increased its holdings in shares of Osisko Gold Royalties by 12.9% during the second quarter. Renaissance Technologies LLC now owns 239,800 shares of the basic materials company’s stock worth $3,736,000 after buying an additional 27,400 shares in the last quarter. Moors & Cabot Inc. lifted its stake in shares of Osisko Gold Royalties by 5.1% in the 2nd quarter. Moors & Cabot Inc. now owns 20,536 shares of the basic materials company’s stock valued at $320,000 after acquiring an additional 1,000 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in shares of Osisko Gold Royalties during the 2nd quarter valued at $294,000. Institutional investors and hedge funds own 68.52% of the company’s stock.

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.