Raymond James Brokers Decrease Earnings Estimates for OR

Osisko Gold Royalties Ltd (NYSE:OR - Free Report) - Research analysts at Raymond James decreased their FY2025 earnings per share (EPS) estimates for Osisko Gold Royalties in a research report issued on Tuesday, January 7th. Raymond James analyst B. Macarthur now forecasts that the basic materials company will post earnings per share of $0.56 for the year, down from their previous forecast of $0.57. The consensus estimate for Osisko Gold Royalties' current full-year earnings is $0.48 per share.

Other research analysts have also issued reports about the stock. TD Cowen lowered shares of Osisko Gold Royalties from a "buy" rating to a "hold" rating in a report on Monday, November 11th. TD Securities cut shares of Osisko Gold Royalties from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 11th. Finally, Jefferies Financial Group raised their price objective on shares of Osisko Gold Royalties from $19.00 to $22.00 and gave the stock a "buy" rating in a report on Friday, October 4th.

Osisko Gold Royalties Trading Up 0.4 %

Shares of Osisko Gold Royalties stock traded up $0.07 during midday trading on Thursday, reaching $18.59. 396,720 shares of the company's stock traded hands, compared to its average volume of 352,084. The stock has a 50 day moving average of $19.11 and a 200-day moving average of $18.26. Osisko Gold Royalties has a 12 month low of $12.77 and a 12 month high of $21.29. The company has a market cap of $3.47 billion, a PE ratio of -88.52 and a beta of 1.02. The company has a debt-to-equity ratio of 0.05, a quick ratio of 4.40 and a current ratio of 4.40.

Osisko Gold Royalties Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given 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 1.03%. Osisko Gold Royalties's dividend payout ratio is currently -90.48%.

Hedge Funds Weigh In On Osisko Gold Royalties

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Capital Performance Advisors LLP purchased a new stake in Osisko Gold Royalties during the 3rd quarter valued at about $58,000. Point72 DIFC Ltd bought a new position in shares of Osisko Gold Royalties in the second quarter worth approximately $71,000. Icon Wealth Advisors LLC purchased a new stake in shares of Osisko Gold Royalties during the third quarter valued at approximately $187,000. US Bancorp DE increased its position in shares of Osisko Gold Royalties by 32.1% during the third quarter. US Bancorp DE now owns 10,629 shares of the basic materials company's stock valued at $197,000 after acquiring an additional 2,584 shares in the last quarter. Finally, Squarepoint Ops LLC purchased a new position in Osisko Gold Royalties in the 2nd quarter worth approximately $211,000. 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.