OR Royalties Inc. (NYSE:OR - Free Report) - Research analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for shares of OR Royalties in a note issued to investors on Thursday, April 23rd. Scotiabank analyst T. Jakusconek now anticipates that the basic materials company will earn $1.17 per share for the year, down from their previous forecast of $1.20. Scotiabank has a "Sector Perform" rating and a $51.00 price objective on the stock. The consensus estimate for OR Royalties' current full-year earnings is $1.36 per share.
Several other brokerages have also recently issued reports on OR. TD Securities restated a "hold" rating on shares of OR Royalties in a report on Monday, February 23rd. Canadian Imperial Bank of Commerce restated an "outperform" rating on shares of OR Royalties in a report on Wednesday, February 4th. Zacks Research cut OR Royalties from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 31st. Wall Street Zen cut OR Royalties from a "strong-buy" rating to a "buy" rating in a report on Saturday, April 11th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of OR Royalties in a report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, OR Royalties has a consensus rating of "Moderate Buy" and a consensus price target of $46.50.
Check Out Our Latest Stock Analysis on OR
OR Royalties Stock Up 0.2%
Shares of NYSE:OR opened at $40.43 on Monday. The business has a fifty day moving average of $40.71 and a two-hundred day moving average of $38.19. The stock has a market cap of $7.58 billion, a P/E ratio of 37.09 and a beta of 0.83. OR Royalties has a 52-week low of $22.40 and a 52-week high of $48.06.
OR Royalties (NYSE:OR - Get Free Report) last issued its earnings results on Wednesday, February 18th. The basic materials company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.01. The company had revenue of $90.47 million during the quarter, compared to analysts' expectations of $90.80 million. OR Royalties had a return on equity of 12.41% and a net margin of 74.30%.
OR Royalties Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were issued a dividend of $0.055 per share. The ex-dividend date was Tuesday, March 31st. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.5%. OR Royalties's dividend payout ratio is currently 20.18%.
Hedge Funds Weigh In On OR Royalties
A number of hedge funds have recently modified their holdings of OR. Canoe Financial LP purchased a new position in OR Royalties during the 1st quarter valued at about $2,001,000. Louisbourg Investments Inc. boosted its holdings in OR Royalties by 1.1% during the 1st quarter. Louisbourg Investments Inc. now owns 221,772 shares of the basic materials company's stock valued at $8,428,000 after acquiring an additional 2,501 shares during the period. Pictet Asset Management Holding SA boosted its holdings in OR Royalties by 8.9% during the 1st quarter. Pictet Asset Management Holding SA now owns 37,513 shares of the basic materials company's stock valued at $1,424,000 after acquiring an additional 3,054 shares during the period. AA Financial Advisors LLC purchased a new position in OR Royalties during the 1st quarter valued at about $241,000. Finally, Banque Cantonale Vaudoise purchased a new position in OR Royalties during the 1st quarter valued at about $37,000. 68.52% of the stock is currently owned by hedge funds and other institutional investors.
About OR Royalties
(
Get Free Report)
OR Royalties PLC NYSE: OR is a closed-ended investment company that specializes in acquiring and managing royalty interests in life science and pharmaceutical products. The company provides capital to biotechnology, specialty pharmaceutical and medical device companies in exchange for a share of future sales revenues. By focusing on royalties secured against marketed products, OR Royalties aims to deliver income and growth potential while minimizing the development and commercialization risks typically associated with direct equity stakes.
The company's core activities include sourcing royalty transactions, structuring bespoke financing solutions and actively monitoring a diversified portfolio of assets.
See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider OR Royalties, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and OR Royalties wasn't on the list.
While OR Royalties currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.