Q3 Earnings Estimate for OR Issued By Stifel Canada

Osisko Gold Royalties Ltd (NYSE:OR - Free Report) - Analysts at Stifel Canada issued their Q3 2024 earnings estimates for shares of Osisko Gold Royalties in a note issued to investors on Monday, October 21st. Stifel Canada analyst I. Rico anticipates that the basic materials company will post earnings per share of $0.10 for the quarter. The consensus estimate for Osisko Gold Royalties' current full-year earnings is $0.48 per share. Stifel Canada also issued estimates for Osisko Gold Royalties' FY2025 earnings at $0.70 EPS and FY2026 earnings at $0.67 EPS.

Several other equities research analysts also recently issued reports on OR. TD Securities upgraded shares of Osisko Gold Royalties to a "strong-buy" rating in a research report on Monday, July 22nd. Jefferies Financial Group upped their price objective on shares of Osisko Gold Royalties from $19.00 to $22.00 and gave the stock a "buy" rating in a research report on Friday, October 4th. Finally, Royal Bank of Canada reduced their target price on Osisko Gold Royalties from $21.00 to $20.00 and set an "outperform" rating on the stock in a report on Tuesday, September 10th.

Osisko Gold Royalties Stock Performance

NYSE OR traded down $0.22 during trading on Wednesday, reaching $20.88. 362,228 shares of the company's stock were exchanged, compared to its average volume of 741,848. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.92 and a quick ratio of 4.92. The stock has a market capitalization of $3.89 billion, a P/E ratio of -58.00 and a beta of 1.04. Osisko Gold Royalties has a fifty-two week low of $11.89 and a fifty-two week high of $21.20. The business has a 50 day moving average price of $18.28 and a 200-day moving average price of $17.08.

Osisko Gold Royalties (NYSE:OR - Get Free Report) last released its quarterly earnings data on Tuesday, August 6th. The basic materials company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.12 by $0.01. Osisko Gold Royalties had a positive return on equity of 6.80% and a negative net margin of 36.71%. The company had revenue of $47.39 million during the quarter.

Osisko Gold Royalties Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.047 per share. The ex-dividend date was Monday, September 30th. This represents a $0.19 annualized dividend and a yield of 0.90%. Osisko Gold Royalties's dividend payout ratio is presently -52.78%.

Institutional Trading of Osisko Gold Royalties

Several institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its position in Osisko Gold Royalties by 125.7% during the first quarter. EverSource Wealth Advisors LLC now owns 1,645 shares of the basic materials company's stock valued at $25,000 after acquiring an additional 916 shares during the last quarter. Point72 DIFC Ltd bought a new stake in Osisko Gold Royalties in the second quarter worth approximately $71,000. Squarepoint Ops LLC acquired a new position in Osisko Gold Royalties in the second quarter valued at approximately $211,000. Creekside Partners bought a new position in shares of Osisko Gold Royalties during the 2nd quarter worth approximately $229,000. Finally, Corundum Trust Company INC acquired a new stake in shares of Osisko Gold Royalties during the 2nd quarter worth approximately $249,000. Institutional investors own 68.52% 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.