FY2025 EPS Estimates for Royal Gold Increased by Analyst

Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) – Analysts at National Bank Financial increased their FY2025 earnings estimates for shares of Royal Gold in a note issued to investors 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 forecast of $6.18. The consensus estimate for Royal Gold’s current full-year earnings is $5.16 per share.

Several other research firms have also issued reports on RGLD. Jefferies Financial Group upgraded Royal Gold from a “hold” rating to a “buy” rating and boosted their target price for the stock from $154.00 to $178.00 in a research report on Tuesday, January 7th. TD Securities boosted their price objective on shares of Royal Gold from $181.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Finally, Raymond James increased their target price on shares of Royal Gold from $184.00 to $186.00 and gave the stock an “outperform” rating in a report on Monday, November 11th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $168.86.

Royal Gold Price Performance

Shares of NASDAQ RGLD opened at $144.87 on Wednesday. The company’s 50 day simple moving average is $139.38 and its 200 day simple moving average is $140.96. Royal Gold has a fifty-two week low of $100.55 and a fifty-two week high of $155.10. The firm has a market capitalization of $9.53 billion, a P/E ratio of 33.23, a P/E/G ratio of 0.87 and a beta of 0.90.

Royal Gold Increases Dividend

The company 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. This is a boost from Royal Gold’s previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a dividend yield of 1.24%. The ex-dividend date was Friday, January 3rd. Royal Gold’s dividend payout ratio is currently 41.28%.

Insider Buying and Selling

In related news, SVP Daniel Breeze sold 549 shares of the stock in a transaction on 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 transaction, the senior vice president now owns 16,293 shares in the company, valued at approximately $2,443,950. This represents a 3.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.52% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Royal Gold

A number of large investors have recently modified their holdings of the business. CWM LLC raised its holdings in Royal Gold by 133.8% during the third quarter. CWM LLC now owns 14,374 shares of the basic materials company’s stock worth $2,017,000 after acquiring an additional 8,227 shares in the last quarter. Creative Planning increased its position in shares of Royal Gold by 1.9% during the 3rd quarter. Creative Planning now owns 8,347 shares of the basic materials company’s stock worth $1,171,000 after purchasing an additional 157 shares during the last quarter. Swedbank AB bought a new stake in shares of Royal Gold during the 3rd quarter worth approximately $11,246,000. BDF Gestion boosted its holdings in shares of Royal Gold by 47.9% in the 3rd quarter. BDF Gestion now owns 21,629 shares of the basic materials company’s stock valued at $3,035,000 after buying an additional 7,000 shares during the last quarter. Finally, Ullmann Wealth Partners Group LLC bought a new position in shares of Royal Gold in the third quarter valued at $406,000. 83.65% of the stock is currently owned by institutional investors and hedge funds.

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.