FY2025 EPS Estimates for Royal Gold Boosted by Analyst

Key Points

• Analysts at Raymond James Financial have increased their FY2025 earnings estimate for Royal Gold to $7.95 per share, up from $7.34, indicating a positive outlook on the company's performance.
• Royal Gold's latest quarterly earnings surpassed expectations, reporting $1.81 earnings per share, compared to the consensus estimate of $1.70.
• Institutional investors currently own 83.65% of Royal Gold's shares, reflecting significant institutional interest in the stock.

Royal Gold, Inc. (NASDAQ:RGLD - Free Report) TSE: RGL - Investment analysts at Raymond James Financial boosted their FY2025 earnings estimates for shares of Royal Gold in a research report issued to clients and investors on Monday, October 20th. Raymond James Financial analyst B. Macarthur now expects that the basic materials company will post earnings of $7.95 per share for the year, up from their prior estimate of $7.34. Raymond James Financial currently has a "Outperform" rating and a $257.00 target price on the stock. The consensus estimate for Royal Gold's current full-year earnings is $6.20 per share. Raymond James Financial also issued estimates for Royal Gold's FY2026 earnings at $8.54 EPS.

A number of other equities research analysts also recently issued reports on the stock. Zacks Research raised shares of Royal Gold from a "hold" rating to a "strong-buy" rating in a research note on Friday, October 17th. Wall Street Zen raised shares of Royal Gold from a "hold" rating to a "buy" rating in a research note on Saturday, August 30th. Bank of America upped their target price on shares of Royal Gold from $193.00 to $203.00 and gave the stock an "underperform" rating in a research note on Thursday, October 16th. TD Securities reaffirmed a "buy" rating and set a $237.00 target price (up from $229.00) on shares of Royal Gold in a research note on Friday, August 8th. Finally, CIBC upped their target price on shares of Royal Gold from $225.00 to $250.00 and gave the stock a "neutral" rating in a research note on Friday, October 10th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Royal Gold presently has a consensus rating of "Moderate Buy" and an average price target of $214.11.

Royal Gold Stock Performance

Royal Gold stock opened at $183.58 on Thursday. The company's 50 day simple moving average is $188.09 and its 200-day simple moving average is $177.75. The company has a market capitalization of $12.09 billion, a price-to-earnings ratio of 26.92, a price-to-earnings-growth ratio of 1.04 and a beta of 0.41. Royal Gold has a 1 year low of $130.67 and a 1 year high of $209.42.

Royal Gold (NASDAQ:RGLD - Get Free Report) TSE: RGL last released its quarterly earnings results on Wednesday, August 6th. The basic materials company reported $1.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.70 by $0.11. The business had revenue of $209.64 million for the quarter, compared to the consensus estimate of $186.63 million. Royal Gold had a net margin of 56.24% and a return on equity of 13.30%. The business's revenue was up 20.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.25 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. WPG Advisers LLC acquired a new position in Royal Gold during the 1st quarter worth approximately $27,000. Cullen Frost Bankers Inc. boosted its holdings in shares of Royal Gold by 548.1% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 175 shares of the basic materials company's stock valued at $31,000 after buying an additional 148 shares in the last quarter. Alpine Bank Wealth Management acquired a new position in shares of Royal Gold in the 1st quarter valued at $32,000. Banque Cantonale Vaudoise acquired a new position in shares of Royal Gold in the 1st quarter valued at $34,000. Finally, Blue Trust Inc. boosted its holdings in shares of Royal Gold by 56.8% in the 2nd quarter. Blue Trust Inc. now owns 196 shares of the basic materials company's stock valued at $35,000 after buying an additional 71 shares in the last quarter. Institutional investors and hedge funds own 83.65% of the company's stock.

Royal Gold Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Friday, October 3rd were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, October 3rd. Royal Gold's payout ratio is 26.39%.

About Royal Gold

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.

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