Equities Analysts Set Expectations for OR FY2025 Earnings

Osisko Gold Royalties Ltd (NYSE:OR - Free Report) - Investment analysts at Cormark boosted their FY2025 earnings per share (EPS) estimates for shares of Osisko Gold Royalties in a research report issued on Friday, November 8th. Cormark analyst N. Dion now anticipates that the basic materials company will post earnings of $0.63 per share for the year, up from their prior forecast of $0.58. The consensus estimate for Osisko Gold Royalties' current full-year earnings is $0.48 per share.

A number of other analysts have also recently commented on the company. TD Cowen cut Osisko Gold Royalties from a "buy" rating to a "hold" rating in a research report on Monday. Jefferies Financial Group upped their price objective on Osisko Gold Royalties from $19.00 to $22.00 and gave the company a "buy" rating in a research report on Friday, October 4th. Royal Bank of Canada reduced their price target on Osisko Gold Royalties from $21.00 to $20.00 and set an "outperform" rating for the company in a research report on Tuesday, September 10th. Finally, TD Securities upgraded Osisko Gold Royalties to a "strong-buy" rating in a research report on Monday, July 22nd.

Osisko Gold Royalties Stock Down 5.4 %

Osisko Gold Royalties stock traded down $1.10 during mid-day trading on Monday, hitting $19.14. The company had a trading volume of 1,024,555 shares, compared to its average volume of 732,664. The company has a current ratio of 4.40, a quick ratio of 4.92 and a debt-to-equity ratio of 0.05. The stock's 50 day moving average price is $19.02 and its two-hundred day moving average price is $17.47. Osisko Gold Royalties has a 12 month low of $11.89 and a 12 month high of $21.29. The company has a market capitalization of $3.57 billion, a PE ratio of -89.19 and a beta of 1.03.

Osisko Gold Royalties Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a $0.048 dividend. The ex-dividend date is Tuesday, December 31st. This is an increase from Osisko Gold Royalties's previous quarterly dividend of $0.05. This represents a $0.19 dividend on an annualized basis and a dividend yield of 1.00%. Osisko Gold Royalties's dividend payout ratio (DPR) is currently -90.48%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. SG Americas Securities LLC grew its stake in Osisko Gold Royalties by 23.8% during the 1st quarter. SG Americas Securities LLC now owns 61,617 shares of the basic materials company's stock valued at $1,012,000 after purchasing an additional 11,844 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Osisko Gold Royalties by 0.9% during the first quarter. Vanguard Group Inc. now owns 6,796,280 shares of the basic materials company's stock worth $111,595,000 after purchasing an additional 60,083 shares during the period. National Bank of Canada FI lifted its holdings in shares of Osisko Gold Royalties by 3.2% during the first quarter. National Bank of Canada FI now owns 1,473,449 shares of the basic materials company's stock worth $24,046,000 after purchasing an additional 45,866 shares during the period. CANADA LIFE ASSURANCE Co lifted its holdings in shares of Osisko Gold Royalties by 219.6% during the first quarter. CANADA LIFE ASSURANCE Co now owns 53,742 shares of the basic materials company's stock worth $880,000 after purchasing an additional 36,929 shares during the period. Finally, Anson Funds Management LP acquired a new stake in shares of Osisko Gold Royalties during the first quarter worth about $1,149,000. 68.52% of the stock is currently owned by hedge funds and other institutional investors.

About Osisko Gold Royalties

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.