Royal Gold (RGLD) Stock Price, News & Analysis

Company Overview

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. Its stream and royalty interests on properties are located in the United States, Canada, Chile, the Dominican Republic, Australia, Africa, Mexico, Botswana, and internationally. Royal Gold, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.

Key Stats

• Today's Range: $133.07 to $137.07
• 50-Day Range: $133.81 to $154.27
• 52-Week Range: $100.55 to $155.10
• Volume: 1.37 million shs
• Average Volume: 377,537 shs
• Market Capitalization: $8.80 billion
• P/E Ratio: 30.69
• Dividend Yield: 1.35%
• Price Target: $165.43
• Consensus Rating: Hold

Royal Gold Stock Analysis - MarketRank™

Royal Gold scored higher than 92% of companies evaluated by MarketBeat, and ranked 48th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Royal Gold has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 4 buy ratings, 5 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Royal Gold has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 23.93%

Earnings Growth

Earnings for Royal Gold are expected to grow by 23.93% in the coming year, from $5.14 to $6.37 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Royal Gold is 30.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Royal Gold is 30.69, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 112.35.

Price to Earnings Growth Ratio

Royal Gold has a PEG Ratio of 1.08. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Royal Gold has a P/B Ratio of 3.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.18% of the float of Royal Gold has been sold short.

Short Interest Ratio / Days to Cover

Royal Gold has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in Royal Gold has recently decreased by 39.66%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Royal Gold pays a meaningful dividend of 1.19%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Royal Gold has been increasing its dividend for 24 years.

Dividend Coverage

The dividend payout ratio of Royal Gold is 41.28%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Royal Gold will have a dividend payout ratio of 28.26% next year. This indicates that Royal Gold will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -3.77

Percentage of Shares Shorted

2.18% of the float of Royal Gold has been sold short.

Short Interest Ratio / Days to Cover

Royal Gold has a short interest ratio ("days to cover") of 4.

Change versus previous month

Short interest in Royal Gold has recently decreased by 39.66%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.98

News Sentiment

Royal Gold has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Royal Gold this week, compared to 6 articles on an average week.

Search Interest

Only 4 people have searched for RGLD on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.

MarketBeat Follows

11 people have added Royal Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Royal Gold insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $374,097.00 in company stock.

Percentage Held by Insiders

Only 0.52% of the stock of Royal Gold is held by insiders.

Percentage Held by Institutions

83.65% of the stock of Royal Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RGLD Stock Analysis - Frequently Asked Questions

How have RGLD shares performed this year?

Royal Gold's stock was trading at $120.96 on January 1st, 2024. Since then, RGLD stock has increased by 10.6% and is now trading at $133.81.
View the best growth stocks for 2024 here.

How were Royal Gold's earnings last quarter?

Royal Gold, Inc. (NASDAQ:RGLD) issued its quarterly earnings data on Wednesday, November, 6th. The basic materials company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.34 by $0.13. Royal Gold's quarterly revenue was up 39.8% compared to the same quarter last year.

Who are Royal Gold's major shareholders?

Royal Gold's top institutional shareholders include Van ECK Associates Corp (5.53%), State Street Corp (5.12%), Geode Capital Management LLC (2.01%) and Charles Schwab Investment Management Inc. (0.73%). Insiders that own company stock include Mark Isto, Paul Libner, Daniel Breeze, William M Hayes, Ronald J Vance and Randy Shefman.
View institutional ownership trends.

How do I buy shares of Royal Gold?

Shares of RGLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Royal Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Royal Gold investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), AUO (AUOTY), The RMR Group (RMR), Triple Flag Precious Metals (TFPM) and DiamondRock Hospitality (DRH).

Company Calendar

• Ex-Dividend for 10/18 Dividend: 10/04/2024
• Dividend Payable: 10/18/2024
• Last Earnings: 11/06/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024
• Ex-Dividend for 1/17 Dividend: 1/03/2025
• Dividend Payable: 1/17/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: Miscellaneous investing
• Sub-Industry: Gold
• Current Symbol: NASDAQ:RGLD
• CUSIP: 78028710
• CIK: 85535
• Web: www.royalgold.com
• Phone: (303) 573-1660
• Fax: 303-595-9385
• Employees: 30
• Year Founded: 1986

Price Target and Rating

• Average Stock Price Target: $165.43
• High Stock Price Target: $186.00
• Low Stock Price Target: $131.00
• Potential Upside/Downside: +23.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.30
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.36
• Trailing P/E Ratio: 30.69
• Forward P/E Ratio: 26.03
• P/E Growth: 1.08
• Net Income: $239.44 million
• Net Margins: 42.93%
• Pretax Margin: 55.09%
• Return on Equity: 10.18%
• Return on Assets: 9.11%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.34
• Quick Ratio: 2.21

Sales & Book Value

• Annual Sales: $669.50 million
• Price / Sales: 13.14
• Cash Flow: $5.52 per share
• Price / Cash Flow: 24.26
• Book Value: $44.15 per share
• Price / Book: 3.03

Miscellaneous

• Outstanding Shares: 65,757,000
• Free Float: 65,415,000
• Market Cap: $8.80 billion
• Optionable: Optionable
• Beta: 0.89