Analysts Offer Predictions for Royal Gold FY2025 Earnings

Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) – National Bank Financial raised their FY2025 earnings per share estimates for Royal Gold in a research note 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 prior estimate of $6.18. The consensus estimate for Royal Gold’s current full-year earnings is $5.16 per share.

Other equities research analysts have also recently issued research reports about the company. TD Securities boosted their target price on Royal Gold from $181.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Raymond James boosted their price target on shares of 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 shares of Royal Gold from a “hold” rating to a “buy” rating and boosted their price target 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 given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $168.86.

Royal Gold Price Performance

Shares of NASDAQ:RGLD opened at $147.19 on Wednesday. Royal Gold has a 12 month low of $100.55 and a 12 month high of $155.10. The stock has a market cap of $9.68 billion, a price-to-earnings ratio of 33.76, a PEG ratio of 0.87 and a beta of 0.90. The stock’s 50 day moving average price is $139.37 and its 200 day moving average price is $141.00.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last issued its quarterly earnings data on Wednesday, February 12th. The basic materials company reported $1.63 earnings per share (EPS) 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%.

Royal Gold Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Friday, January 3rd were given a dividend of $0.45 per share. The ex-dividend date was Friday, January 3rd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.22%. This is a positive change from Royal Gold’s previous quarterly dividend of $0.40. Royal Gold’s dividend payout ratio is currently 41.28%.

Insider Activity

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 value of $82,350.00. Following the completion of the transaction, the senior vice president now owns 16,293 shares of the company’s stock, valued at $2,443,950. This represents a 3.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.52% of the stock is owned by company insiders.

Institutional Trading of Royal Gold

Several large investors have recently added to or reduced their stakes in RGLD. Bank of Montreal Can lifted its holdings in Royal Gold by 187.5% in the third quarter. Bank of Montreal Can now owns 127,285 shares of the basic materials company’s stock valued at $18,049,000 after buying an additional 83,015 shares during the period. Verition Fund Management LLC grew its position in Royal Gold by 213.1% in the third quarter. Verition Fund Management LLC now owns 8,051 shares of the basic materials company’s stock valued at $1,130,000 after purchasing an additional 5,480 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Royal Gold in the 3rd quarter valued at about $1,201,000. Cerity Partners LLC grew its position in shares of Royal Gold by 114.5% in the 3rd quarter. Cerity Partners LLC now owns 32,268 shares of the basic materials company’s stock valued at $4,527,000 after acquiring an additional 17,227 shares during the period. Finally, FMR LLC boosted its holdings in shares of Royal Gold by 35.3% during the 3rd quarter. FMR LLC now owns 178,719 shares of the basic materials company’s stock worth $25,074,000 after buying an additional 46,615 shares during the period. 83.65% of the stock is owned by institutional investors.

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.