Scotiabank Has Optimistic Outlook of OR FY2025 Earnings

Osisko Gold Royalties Ltd (NYSE:OR - Free Report) - Research analysts at Scotiabank increased their FY2025 earnings per share (EPS) estimates for Osisko Gold Royalties in a research report issued on Wednesday, January 8th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings per share of $0.53 for the year, up from their prior forecast of $0.47. The consensus estimate for Osisko Gold Royalties' current full-year earnings is $0.48 per share.

A number of other equities analysts have also commented on OR. Jefferies Financial Group raised their target price 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. TD Cowen lowered Osisko Gold Royalties from a "buy" rating to a "hold" rating in a research report on Monday, November 11th. Finally, TD Securities downgraded Osisko Gold Royalties from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 11th.

Osisko Gold Royalties Trading Up 0.3 %

Shares of OR opened at $18.65 on Monday. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of -88.81 and a beta of 1.02. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.40 and a quick ratio of 4.40. Osisko Gold Royalties has a 1-year low of $12.77 and a 1-year high of $21.29. The company has a 50-day moving average of $19.07 and a 200 day moving average of $18.32.

Osisko Gold Royalties Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.048 dividend. This is an increase from Osisko Gold Royalties's previous quarterly dividend of $0.05. The ex-dividend date is Tuesday, December 31st. This represents a $0.19 dividend on an annualized basis and a yield of 1.03%. Osisko Gold Royalties's payout ratio is -85.71%.

Institutional Trading of Osisko Gold Royalties

A number of hedge funds have recently bought and sold shares of OR. Renaissance Technologies LLC raised its position in shares of Osisko Gold Royalties by 12.9% in the 2nd quarter. Renaissance Technologies LLC now owns 239,800 shares of the basic materials company's stock worth $3,736,000 after acquiring an additional 27,400 shares in the last quarter. Fiera Capital Corp raised its holdings in Osisko Gold Royalties by 3.7% in the third quarter. Fiera Capital Corp now owns 762,075 shares of the basic materials company's stock worth $14,133,000 after purchasing an additional 26,917 shares in the last quarter. Polar Asset Management Partners Inc. purchased a new stake in shares of Osisko Gold Royalties during the third quarter valued at about $746,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Osisko Gold Royalties by 45.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 420,462 shares of the basic materials company's stock valued at $7,783,000 after buying an additional 131,558 shares in the last quarter. Finally, Mackenzie Financial Corp grew its position in shares of Osisko Gold Royalties by 237.0% in the 2nd quarter. Mackenzie Financial Corp now owns 1,977,895 shares of the basic materials company's stock worth $30,827,000 after buying an additional 1,391,005 shares during the last quarter. Hedge funds and other 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.