Royal Gold FY2025 EPS Increased by National Bank Financial

Royal Gold, Inc. (NASDAQ:RGLD - Free Report) TSE: RGL - National Bank Financial lifted their FY2025 earnings per share (EPS) estimates for shares of Royal Gold in a report released on Monday, February 10th. National Bank Financial analyst S. Nagle now anticipates that the basic materials company will post earnings of $6.33 per share for the year, up from their prior forecast of $6.18. The consensus estimate for Royal Gold's current full-year earnings is $5.16 per share.

Royal Gold (NASDAQ:RGLD - Get Free Report) TSE: RGL last issued its earnings results on Wednesday, February 12th. The basic materials company reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.46 by $0.17. Royal Gold had a return on equity of 10.18% and a net margin of 42.93%.

RGLD has been the subject of several other reports. Jefferies Financial Group raised Royal Gold from a "hold" rating to a "buy" rating and boosted their price target for the stock from $154.00 to $178.00 in a research report on Tuesday, January 7th. TD Securities boosted their price target on Royal Gold from $181.00 to $185.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th. Finally, Raymond James boosted their price target on Royal Gold from $184.00 to $186.00 and gave the stock an "outperform" rating in a research report on Monday, November 11th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $168.86.

Royal Gold Price Performance

Shares of RGLD stock traded down $6.66 during mid-day trading on Wednesday, hitting $146.83. The stock had a trading volume of 880,197 shares, compared to its average volume of 394,651. Royal Gold has a 12-month low of $100.55 and a 12-month high of $155.64. The firm has a market capitalization of $9.66 billion, a P/E ratio of 33.68, a price-to-earnings-growth ratio of 0.87 and a beta of 0.90. The firm's 50-day moving average is $139.57 and its two-hundred day moving average is $141.17.

Hedge Funds Weigh In On Royal Gold

Several institutional investors have recently made changes to their positions in RGLD. Bank of Montreal Can grew its position in shares of Royal Gold by 187.5% during the 3rd quarter. Bank of Montreal Can now owns 127,285 shares of the basic materials company's stock valued at $18,049,000 after acquiring an additional 83,015 shares during the period. Verition Fund Management LLC grew its stake in Royal Gold by 213.1% in the 3rd quarter. Verition Fund Management LLC now owns 8,051 shares of the basic materials company's stock valued at $1,130,000 after acquiring an additional 5,480 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in Royal Gold in the 3rd quarter valued at $1,201,000. Cerity Partners LLC lifted its holdings in Royal Gold by 114.5% in the 3rd quarter. Cerity Partners LLC now owns 32,268 shares of the basic materials company's stock valued at $4,527,000 after purchasing an additional 17,227 shares in the last quarter. Finally, FMR LLC lifted its holdings in Royal Gold by 35.3% in the 3rd quarter. FMR LLC now owns 178,719 shares of the basic materials company's stock valued at $25,074,000 after purchasing an additional 46,615 shares in the last quarter. 83.65% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Daniel Breeze sold 549 shares of Royal Gold stock in a transaction that occurred on Monday, December 9th. The stock was 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 directly owns 16,293 shares in the company, valued at approximately $2,443,950. This trade represents a 3.26 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.52% of the stock is currently owned by corporate insiders.

Royal Gold Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Friday, January 3rd were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 1.23%. This is a boost from Royal Gold's previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Friday, January 3rd. Royal Gold's payout ratio is presently 41.28%.

Royal Gold Company Profile

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.