Stifel Canada Increases Earnings Estimates for OR Royalties

OR Royalties Inc. (NYSE:OR - Free Report) - Stock analysts at Stifel Canada lifted their FY2026 earnings per share (EPS) estimates for shares of OR Royalties in a report issued on Monday, July 21st. Stifel Canada analyst I. Rico now forecasts that the basic materials company will earn $0.82 per share for the year, up from their prior forecast of $0.76. The consensus estimate for OR Royalties' current full-year earnings is $0.62 per share.

OR Royalties (NYSE:OR - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.03. The firm had revenue of $54.92 million for the quarter, compared to analyst estimates of $79.63 million. OR Royalties had a return on equity of 8.66% and a net margin of 15.28%.

A number of other research analysts also recently issued reports on the company. Scotiabank boosted their price objective on OR Royalties from $26.00 to $28.00 and gave the company a "sector outperform" rating in a research note on Monday, July 7th. National Bankshares reissued an "outperform" rating on shares of OR Royalties in a research note on Tuesday, June 24th. Royal Bank Of Canada dropped their price objective on OR Royalties from $24.00 to $23.00 and set an "outperform" rating on the stock in a research note on Friday, April 4th. Raymond James Financial reaffirmed an "outperform" rating on shares of OR Royalties in a research note on Friday, April 4th. Finally, Wall Street Zen downgraded OR Royalties from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $24.33.

OR Royalties Trading Down 1.1%

Shares of NYSE:OR traded down $0.30 during midday trading on Thursday, reaching $27.62. The company's stock had a trading volume of 489,312 shares, compared to its average volume of 864,552. The firm has a market capitalization of $5.20 billion, a price-to-earnings ratio of 162.47 and a beta of 0.75. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.98 and a current ratio of 4.98. The firm has a 50 day moving average price of $26.25 and a two-hundred day moving average price of $22.53. OR Royalties has a fifty-two week low of $15.78 and a fifty-two week high of $28.87.

OR Royalties Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were issued a $0.055 dividend. The ex-dividend date of this dividend was Monday, June 30th. This is a positive change from OR Royalties's previous quarterly dividend of $0.05. This represents a $0.22 annualized dividend and a dividend yield of 0.80%. OR Royalties's dividend payout ratio is currently 111.76%.

Hedge Funds Weigh In On OR Royalties

Several institutional investors have recently modified their holdings of the business. Franklin Resources Inc. boosted its holdings in shares of OR Royalties by 4.5% in the fourth quarter. Franklin Resources Inc. now owns 12,282 shares of the basic materials company's stock worth $222,000 after acquiring an additional 534 shares during the period. Pictet Asset Management Holding SA boosted its holdings in shares of OR Royalties by 2.0% in the fourth quarter. Pictet Asset Management Holding SA now owns 28,781 shares of the basic materials company's stock worth $521,000 after acquiring an additional 564 shares during the period. PFG Investments LLC boosted its holdings in shares of OR Royalties by 2.5% in the first quarter. PFG Investments LLC now owns 25,409 shares of the basic materials company's stock worth $537,000 after acquiring an additional 613 shares during the period. Alliancebernstein L.P. boosted its holdings in shares of OR Royalties by 4.6% in the fourth quarter. Alliancebernstein L.P. now owns 28,700 shares of the basic materials company's stock worth $519,000 after acquiring an additional 1,260 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of OR Royalties by 10.5% in the fourth quarter. Bank of New York Mellon Corp now owns 14,469 shares of the basic materials company's stock worth $262,000 after acquiring an additional 1,373 shares during the period. 68.52% of the stock is owned by institutional investors.

OR Royalties Company Profile

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.