FY2025 EPS Forecast for OR Royalties Raised by Analyst

Key Points

• National Bank Financial has raised its FY2025 earnings per share (EPS) forecast for OR Royalties to $0.79, up from a previous estimate of $0.76.
• Scotiabank and Raymond James Financial have increased target prices for OR Royalties to $28.00 and $36.00, respectively, with multiple analysts maintaining an "outperform" rating.
• OR Royalties has announced a quarterly dividend of $0.055 per share, with a dividend yield of 0.6%, set to be paid on October 15th.

OR Royalties Inc. (NYSE:OR - Free Report) - Equities researchers at National Bank Financial lifted their FY2025 earnings per share (EPS) estimates for OR Royalties in a note issued to investors on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will earn $0.79 per share for the year, up from their prior estimate of $0.76. 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 $1.12 EPS.

OR has been the topic of several other research reports. Scotiabank increased their target price on OR Royalties from $26.00 to $28.00 and gave the stock a "sector outperform" rating in a research note on Monday, July 7th. Raymond James Financial raised their price objective on shares of OR Royalties from $34.00 to $36.00 and gave the company an "outperform" rating in a research note on Friday, September 12th. CIBC reaffirmed an "outperform" rating on shares of OR Royalties in a research note on Tuesday, July 15th. National Bankshares reissued an "outperform" rating on shares of OR Royalties in a research report on Tuesday, June 24th. Finally, Wall Street Zen downgraded shares of OR Royalties from a "buy" rating to a "hold" rating in a research note on Saturday, September 13th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $27.25.

OR Royalties Trading Up 1.9%

OR opened at $37.58 on Friday. OR Royalties has a 52 week low of $17.55 and a 52 week high of $38.49. The company has a quick ratio of 4.73, a current ratio of 4.73 and a debt-to-equity ratio of 0.03. The business has a fifty day simple moving average of $31.81 and a 200-day simple moving average of $26.54. The firm has a market cap of $7.07 billion, a P/E ratio of 101.58 and a beta of 0.72.

OR Royalties (NYSE:OR - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The basic materials company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.04). OR Royalties had a return on equity of 8.56% and a net margin of 35.25%.The company had revenue of $60.36 million during the quarter, compared to analyst estimates of $83.25 million.

Institutional Investors Weigh In On OR Royalties

Several institutional investors have recently added to or reduced their stakes in OR. Picton Mahoney Asset Management acquired a new stake in OR Royalties during the 2nd quarter worth $96,617,000. T. Rowe Price Investment Management Inc. grew its holdings in shares of OR Royalties by 116.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 4,790,732 shares of the basic materials company's stock worth $101,181,000 after purchasing an additional 2,574,458 shares during the last quarter. Elliott Investment Management L.P. acquired a new stake in shares of OR Royalties during the first quarter worth about $46,045,000. Mackenzie Financial Corp lifted its holdings in shares of OR Royalties by 52.2% in the 1st quarter. Mackenzie Financial Corp now owns 5,040,962 shares of the basic materials company's stock valued at $106,382,000 after purchasing an additional 1,728,760 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of OR Royalties by 43.7% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,419,246 shares of the basic materials company's stock valued at $139,006,000 after purchasing an additional 1,648,567 shares during the last quarter. Hedge funds and other institutional investors own 68.52% of the company's stock.

OR Royalties Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, September 30th. OR Royalties's dividend payout ratio is currently 51.35%.

About OR Royalties

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.

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