NASDAQ:RGLD

Royal Gold (RGLD) Stock Price, News & Analysis

$126.45
-0.79 (-0.62%)
(As of 05/13/2024 ET)
Today's Range
$125.17
$127.55
50-Day Range
$108.35
$127.24
52-Week Range
$100.55
$138.40
Volume
231,059 shs
Average Volume
425,648 shs
Market Capitalization
$8.31 billion
P/E Ratio
37.30
Dividend Yield
1.27%
Price Target
$141.14

Royal Gold MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
11.6% Upside
$141.14 Price Target
Short Interest
Bearish
4.98% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.88
Upright™ Environmental Score
News Sentiment
0.42mentions of Royal Gold in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$108,590 Sold Last Quarter
Proj. Earnings Growth
24.31%
From $4.36 to $5.42 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.31 out of 5 stars

Basic Materials Sector

30th out of 172 stocks

Miscellaneous Investing Industry

1st out of 3 stocks

RGLD stock logo

About Royal Gold Stock (NASDAQ:RGLD)

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.

RGLD Stock Price History

RGLD Stock News Headlines

Royal Gold: A Premier Way To Gain Exposure To Gold
Royal Gold: 3 Reasons We Prefer It Over Barrick
Royal Gold Inc. Bottom Line Falls In Q1, misses estimates
A "Royal" Opportunity in Gold
Royal Gold, Inc. (RGLD.MX)
RGLD Nov 2024 140.000 put
See More Headlines
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Company Calendar

Ex-Dividend for 4/19 Dividend
4/04/2024
Dividend Payable
4/19/2024
Last Earnings
5/08/2024
Today
5/13/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous investing
Sub-Industry
Gold
Current Symbol
NASDAQ:RGLD
CUSIP
78028710
Employees
30
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$141.14
High Stock Price Target
$160.00
Low Stock Price Target
$117.00
Potential Upside/Downside
+11.6%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$239.44 million
Pretax Margin
47.33%

Debt

Sales & Book Value

Annual Sales
$605.72 million
Cash Flow
$6.02 per share
Book Value
$44.15 per share

Miscellaneous

Free Float
65,391,000
Market Cap
$8.31 billion
Optionable
Optionable
Beta
0.88

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RGLD Stock Analysis - Frequently Asked Questions

Should I buy or sell Royal Gold stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Royal Gold in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RGLD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RGLD, but not buy additional shares or sell existing shares.
View RGLD analyst ratings
or view top-rated stocks.

What is Royal Gold's stock price target for 2024?

7 brokerages have issued 12-month price targets for Royal Gold's stock. Their RGLD share price targets range from $117.00 to $160.00. On average, they predict the company's stock price to reach $141.14 in the next twelve months. This suggests a possible upside of 11.6% from the stock's current price.
View analysts price targets for RGLD
or view top-rated stocks among Wall Street analysts.

How have RGLD shares performed in 2024?

Royal Gold's stock was trading at $120.96 at the beginning of 2024. Since then, RGLD stock has increased by 4.5% and is now trading at $126.45.
View the best growth stocks for 2024 here
.

When is Royal Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our RGLD earnings forecast
.

How were Royal Gold's earnings last quarter?

Royal Gold, Inc. (NASDAQ:RGLD) posted its quarterly earnings results on Wednesday, May, 8th. The basic materials company reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.95 by $0.04. The basic materials company had revenue of $148.90 million for the quarter, compared to analyst estimates of $147.02 million. Royal Gold had a net margin of 38.12% and a trailing twelve-month return on equity of 7.96%. The business's revenue was down 12.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.96 earnings per share.

How often does Royal Gold pay dividends? What is the dividend yield for Royal Gold?

Royal Gold announced a quarterly dividend on Thursday, February 29th. Investors of record on Friday, April 5th will be given a dividend of $0.40 per share on Friday, April 19th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, April 4th.
Read our dividend analysis for RGLD
.

Is Royal Gold a good dividend stock?

Royal Gold (NASDAQ:RGLD) pays an annual dividend of $1.60 per share and currently has a dividend yield of 1.26%. The company has been increasing its dividend for 24 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 47.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGLD will have a dividend payout ratio of 29.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RGLD.

What other stocks do shareholders of Royal Gold own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Royal Gold investors own include Wheaton Precious Metals (WPM), NVIDIA (NVDA), Franco-Nevada (FNV), Agnico Eagle Mines (AEM), Newmont (NEM), Barrick Gold (GOLD), Freeport-McMoRan (FCX), Micron Technology (MU), Advanced Micro Devices (AMD) and QUALCOMM (QCOM).

Who are Royal Gold's major shareholders?

Royal Gold's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.14%), Van ECK Associates Corp (6.99%), First Eagle Investment Management LLC (5.42%), Findlay Park Partners LLP (1.90%), Acadian Asset Management LLC (0.67%) and ProShare Advisors LLC (0.40%). Insiders that own company stock include Daniel Breeze, Mark Isto, Paul Libner, Randy Shefman and William M Hayes.
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.

This page (NASDAQ:RGLD) was last updated on 5/13/2024 by MarketBeat.com Staff

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