Raymond James Brokers Increase Earnings Estimates for TSE:OR

Osisko Gold Royalties Ltd (TSE:OR - Free Report) - Equities research analysts at Raymond James upped their FY2024 earnings per share estimates for Osisko Gold Royalties in a research report issued to clients and investors on Tuesday, January 7th. Raymond James analyst B. Macarthur now expects that the company will post earnings of $0.69 per share for the year, up from their prior 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 have also recently weighed in on the stock. National Bankshares upped their price target on shares of Osisko Gold Royalties from C$33.50 to C$35.00 and gave the stock an "outperform" rating in a research report on Thursday. Stifel Nicolaus upped their target price on Osisko Gold Royalties from C$29.00 to C$31.00 in a report on Monday, October 21st. CIBC lifted their price target on Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd. TD Securities lowered Osisko Gold Royalties from a "buy" rating to a "hold" rating in a research report on Monday, November 11th. Finally, BMO Capital Markets raised their price objective on Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$31.13.

Osisko Gold Royalties Stock Up 3.2 %

TSE:OR traded up C$0.86 during mid-day trading on Thursday, reaching C$27.62. The company's stock had a trading volume of 216,952 shares, compared to its average volume of 193,105. The company has a quick ratio of 0.98, a current ratio of 4.92 and a debt-to-equity ratio of 7.00. Osisko Gold Royalties has a 1 year low of C$17.41 and a 1 year high of C$29.57. The stock has a fifty day moving average of C$27.14 and a 200-day moving average of C$25.05. The firm has a market capitalization of C$5.14 billion, a PE ratio of -55.24, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90.

Osisko Gold Royalties Announces 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 paid a dividend of $0.065 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.94%. Osisko Gold Royalties's payout ratio is -52.00%.

Insider Transactions at Osisko Gold Royalties

In other news, Director Duncan Cornell Card sold 10,000 shares of the firm's stock in a transaction dated Tuesday, October 15th. The stock was 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

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.