Equities Analysts Issue Forecasts for TSE:OR FY2024 Earnings

Osisko Gold Royalties Ltd (TSE:ORFree Report) – Raymond James lifted their FY2024 earnings per share (EPS) estimates for shares of Osisko Gold Royalties in a report issued on Tuesday, January 7th. Raymond James analyst B. Macarthur now expects that the company will post earnings per share of $0.69 for the year, up from their previous estimate of $0.68. Raymond James also issued estimates for Osisko Gold Royalties’ Q4 2024 earnings at $0.20 EPS and FY2025 earnings at $0.81 EPS.

Several other equities research analysts also recently commented on OR. BMO Capital Markets lifted their price objective on Osisko Gold Royalties from C$27.00 to C$28.00 in a report on Thursday, November 7th. Stifel Nicolaus lifted their price target on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a research note on Monday, October 21st. National Bankshares increased their price objective on shares of Osisko Gold Royalties from C$33.50 to C$35.00 and gave the company an “outperform” rating in a research report on Thursday. TD Securities cut shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a report on Monday, November 11th. Finally, CIBC boosted their target price on shares of Osisko Gold Royalties from C$36.00 to C$39.00 in a research note on Monday, December 2nd. One analyst has rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$31.13.

Check Out Our Latest Report on OR

Osisko Gold Royalties Stock Down 2.4 %

OR stock opened at C$26.95 on Thursday. The stock has a market capitalization of C$5.02 billion, a P/E ratio of -53.90, a P/E/G ratio of 1.31 and a beta of 0.90. The company has a debt-to-equity ratio of 7.00, a current ratio of 4.92 and a quick ratio of 0.98. Osisko Gold Royalties has a 1-year low of C$17.41 and a 1-year high of C$29.57. The business has a fifty day moving average price of C$27.09 and a 200-day moving average price of C$25.07.

Osisko Gold Royalties Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.065 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.26 dividend on an annualized basis and a yield of 0.96%. Osisko Gold Royalties’s dividend payout ratio is currently -52.00%.

Insiders Place Their Bets

In related news, Director Duncan Cornell Card sold 10,000 shares of the stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of C$27.03, for a total value of C$270,331.00. Insiders own 0.38% of the company’s stock.

About Osisko Gold Royalties

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Osisko Gold Royalties (TSE:OR)

Receive News & Ratings for Osisko Gold Royalties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Osisko Gold Royalties and related companies with MarketBeat.com's FREE daily email newsletter.