Elemental Royalty (NASDAQ:ELE) Releases Quarterly Earnings Results, Misses Estimates By $0.07 EPS

Key Points

• Elemental Royalty reported quarterly EPS of $0.06, missing the analyst consensus estimate of $0.13 by $0.07. The company posted a negative 0.12% return on equity and a negative 1.05% net margin.
• Shares rose 1.7% to $19.40 following the earnings release, while the stock trades within a 12-month range of $12.58 to $26.96 and has a market capitalization of approximately $1.25 billion.
• Analyst sentiment remains mixed, with one Buy, one Hold and one Sell rating; the consensus rating is Hold with a target price of $32.50. Elemental also maintains a quarterly dividend of $0.03 per share, although its annualized payout ratio is 600%.

Elemental Royalty (NASDAQ:ELE - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.07), Zacks reports. Elemental Royalty had a negative return on equity of 0.12% and a negative net margin of 1.05%.

Elemental Royalty Stock Up 1.7%

NASDAQ ELE traded up $0.32 on Tuesday, hitting $19.40. 215,696 shares of the company were exchanged, compared to its average volume of 349,839. Elemental Royalty has a twelve month low of $12.58 and a twelve month high of $26.96. The company has a market cap of $1.25 billion and a price-to-earnings ratio of 970.00. The company's 50 day moving average price is $16.13.

Elemental Royalty Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, June 30th. Elemental Royalty's payout ratio is presently 600.00%.

Institutional Investors Weigh In On Elemental Royalty

A number of large investors have recently made changes to their positions in ELE. Caitlin John LLC purchased a new stake in shares of Elemental Royalty in the 4th quarter valued at approximately $97,000. Kestra Advisory Services LLC purchased a new position in shares of Elemental Royalty during the fourth quarter valued at $133,000. Papamarkou Wellner Asset Management inc. purchased a new position in shares of Elemental Royalty during the fourth quarter valued at $182,000. Wells Fargo & Company MN acquired a new position in Elemental Royalty during the fourth quarter valued at $247,000. Finally, LPL Financial LLC acquired a new position in Elemental Royalty during the fourth quarter valued at $313,000.

Analysts Set New Price Targets

Separately, Weiss Ratings cut shares of Elemental Royalty from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, June 2nd. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Elemental Royalty presently has an average rating of "Hold" and a consensus target price of $32.50.

Elemental Royalty Company Profile

Elemental Royalties NASDAQ: ELE is a publicly traded company that acquires and manages royalty and streaming interests in the mining sector. The firm focuses on securing long‑lived, low‑cost interests that provide ongoing, contractually defined payments or metal deliveries from producing and near‑term development mineral projects. By targeting royalties and streams rather than operating mines, the company seeks exposure to commodity price upside while avoiding the capital intensity and operating risks of miners.

Elemental Royalties’ activities include sourcing and negotiating royalty and stream transactions, performing technical and commercial due diligence on potential assets, and actively managing a diversified portfolio of interests.

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