FY2025 EPS Forecast for OR Royalties Raised by Analyst

OR Royalties Inc. (NYSE:OR - Free Report) - Investment analysts at National Bank Financial lifted their FY2025 earnings per share estimates for OR Royalties in a research note issued to investors on Tuesday, July 15th. National Bank Financial analyst S. Nagle now anticipates that the basic materials company will earn $0.84 per share for the year, up from their previous forecast of $0.83. The consensus estimate for OR Royalties' current full-year earnings is $0.62 per share. National Bank Financial also issued estimates for OR Royalties' FY2026 earnings at $1.11 EPS.

Several other brokerages also recently issued reports on OR. Royal Bank Of Canada decreased their target price 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. CIBC reaffirmed an "outperform" rating on shares of OR Royalties in a research note on Tuesday, July 15th. National Bankshares reaffirmed an "outperform" rating on shares of OR Royalties in a research note on Tuesday, June 24th. 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 investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $24.33.

OR Royalties Stock Performance

Shares of NYSE OR traded up $0.30 during trading on Thursday, hitting $27.38. The company had a trading volume of 728,153 shares, compared to its average volume of 743,672. The stock has a 50 day simple moving average of $25.73 and a 200 day simple moving average of $22.17. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.98 and a current ratio of 4.98. OR Royalties has a 12 month low of $15.78 and a 12 month high of $28.22. The firm has a market capitalization of $5.15 billion, a P/E ratio of 161.06 and a beta of 0.75.

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

OR Royalties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid a dividend of $0.055 per share. This is a boost from OR Royalties's previous quarterly dividend of $0.05. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date was Monday, June 30th. OR Royalties's dividend payout ratio is 111.76%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Plato Investment Management Ltd purchased a new position in shares of OR Royalties in the first quarter valued at approximately $56,000. Summit Securities Group LLC purchased a new position in shares of OR Royalties in the first quarter valued at approximately $62,000. Northwest & Ethical Investments L.P. lifted its position in shares of OR Royalties by 11.0% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,292 shares of the basic materials company's stock valued at $114,000 after acquiring an additional 626 shares in the last quarter. Employees Retirement System of Texas purchased a new position in shares of OR Royalties in the fourth quarter valued at approximately $1,306,000. Finally, Hsbc Holdings PLC purchased a new position in shares of OR Royalties in the first quarter valued at approximately $208,000. 68.52% of the stock is owned by institutional investors and hedge funds.

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.