Scotiabank Has Positive View of OR Royalties FY2026 Earnings

Key Points

• Scotiabank raised its FY2026 EPS estimate for OR Royalties to $1.33 from $1.26, above the $1.27 consensus estimate. It maintained a “Sector Perform” rating and a $42 price target.
• Analyst sentiment is moderately positive: MarketBeat reports a “Moderate Buy” consensus rating and an average $41 target, with four Buy and four Hold ratings.
• In its latest reported quarter, OR Royalties earned $0.32 per share, beating the $0.31 estimate; revenue of $97.82 million was slightly below expectations.

OR Royalties Inc. (NYSE:OR - Free Report) - Investment analysts at Scotiabank upped their FY2026 earnings per share estimates for shares of OR Royalties in a research note issued to investors on Monday, November 2nd. Scotiabank analyst T. Jakusconek now anticipates that the basic materials company will earn $1.33 per share for the year, up from their previous estimate of $1.26. Scotiabank has a "Sector Perform" rating and a $42.00 price target on the stock. The consensus estimate for OR Royalties' current full-year earnings is $1.27 per share.

Several other equities analysts have also commented on the company. Zacks Research raised OR Royalties from a "strong sell" rating to a "hold" rating in a research report on Monday, September 14th. Royal Bank Of Canada increased their price objective on shares of OR Royalties from $45.00 to $47.00 and gave the company an "outperform" rating in a research report on Wednesday, September 16th. Finally, Weiss Ratings upgraded shares of OR Royalties from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, October 29th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $41.00.

OR Royalties Price Performance

Shares of NYSE OR opened at $34.52 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.28 and a quick ratio of 2.28. OR Royalties has a 1-year low of $27.54 and a 1-year high of $48.06. The company has a market capitalization of $6.43 billion, a price-to-earnings ratio of 23.01 and a beta of 0.76. The business has a 50-day moving average of $35.18 and a 200-day moving average of $36.59.

OR Royalties (NYSE:OR - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $0.32 EPS for the quarter, topping analysts' consensus estimates of $0.31 by $0.01. OR Royalties had a return on equity of 16.41% and a net margin of 78.04%. The company had revenue of $97.82 million for the quarter, compared to analysts' expectations of $97.93 million.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. State of Wyoming bought a new stake in shares of OR Royalties in the first quarter worth $28,000. Grove Bank & Trust acquired a new stake in OR Royalties in the second quarter valued at $32,000. CoreCap Advisors LLC raised its holdings in OR Royalties by 52.9% in the third quarter. CoreCap Advisors LLC now owns 1,156 shares of the basic materials company's stock valued at $40,000 after acquiring an additional 400 shares in the last quarter. Fortitude Family Office LLC bought a new position in OR Royalties during the 3rd quarter valued at $144,000. Finally, EverSource Wealth Advisors LLC boosted its stake in OR Royalties by 94.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,539 shares of the basic materials company's stock valued at $173,000 after acquiring an additional 2,209 shares during the last quarter. Institutional investors and hedge funds own 68.52% of the company's stock.

About OR Royalties

OR Royalties Inc NYSE: OR is a precious and base metals royalty and streaming company. Rather than operating mines directly, the company provides financing to mining companies in exchange for the right to receive a portion of future production or revenue from qualifying mining projects. Its portfolio includes royalties, streams, offtake agreements and other interests tied primarily to gold, silver, copper and other metals.

The company was established in 2014 following the creation of Osisko Gold Royalties from the assets of Osisko Mining Corporation.

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