FY2026 EPS Estimates for Gold Royalty Reduced by Scotiabank

Key Points

• Scotiabank cut its FY2026 EPS estimate for Gold Royalty to $0.07 (from $0.09) while maintaining an Outperform rating and a $6.00 price target.
• Analyst consensus is a Moderate Buy (seven Buys, one Hold) with an average price target of $5.64 and recent targets ranging roughly $5.00–$7.00.
• The stock trades around $3.44 with a market cap of about $794M and a 12‑month range of $1.44–$5.45, and institutional investors own roughly 33.8% of the shares, including a 5.71M‑share position by Regal Partners.

Gold Royalty Corp. (NYSEAMERICAN:GROY - Free Report) - Investment analysts at Scotiabank lowered their FY2026 earnings per share estimates for shares of Gold Royalty in a research report issued on Friday, May 1st. Scotiabank analyst E. Winmill now expects that the company will post earnings per share of $0.07 for the year, down from their previous estimate of $0.09. Scotiabank currently has a "Outperform" rating and a $6.00 price target on the stock. The consensus estimate for Gold Royalty's current full-year earnings is $0.05 per share.

Other analysts have also recently issued reports about the company. HC Wainwright restated a "buy" rating and issued a $6.75 target price on shares of Gold Royalty in a research report on Tuesday, April 28th. Zacks Research cut Gold Royalty from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 24th. Canaccord Genuity Group upgraded Gold Royalty from a "hold" rating to a "buy" rating and set a $5.00 target price on the stock in a research report on Wednesday, April 29th. Finally, Maxim Group set a $7.00 target price on Gold Royalty in a research report on Friday, January 23rd. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $5.64.

Gold Royalty Stock Performance

Shares of NYSEAMERICAN GROY opened at $3.44 on Monday. The company has a market cap of $793.92 million, a price-to-earnings ratio of -172.00 and a beta of 0.94. Gold Royalty has a 12-month low of $1.44 and a 12-month high of $5.45. The stock's 50 day simple moving average is $3.81 and its 200 day simple moving average is $4.00.

Institutional Trading of Gold Royalty

Several large investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC increased its position in Gold Royalty by 118.8% in the 1st quarter. Kestra Advisory Services LLC now owns 10,939 shares of the company's stock valued at $39,000 after acquiring an additional 5,939 shares during the period. LVZ Inc. acquired a new position in shares of Gold Royalty during the 1st quarter valued at $106,000. Hunter Associates Investment Management LLC acquired a new position in shares of Gold Royalty during the 1st quarter valued at $52,000. Zazove Associates LLC increased its position in shares of Gold Royalty by 3.1% during the 4th quarter. Zazove Associates LLC now owns 335,000 shares of the company's stock valued at $1,353,000 after purchasing an additional 10,000 shares during the period. Finally, Regal Partners Ltd increased its position in shares of Gold Royalty by 22,977.8% during the 4th quarter. Regal Partners Ltd now owns 5,712,223 shares of the company's stock valued at $23,534,000 after purchasing an additional 5,687,471 shares during the period. 33.75% of the stock is currently owned by institutional investors and hedge funds.

About Gold Royalty

Gold Royalty Corp is a precious metals royalty and streaming company that focuses on acquiring and managing royalty interests in gold, silver and other metal assets. The company provides upfront funding to mining operators in exchange for a percentage of future metal production, offering an alternative financing model that can reduce capital requirements and accelerate development timelines for mining projects.

The firm's diversified portfolio spans royalty and stream agreements across the Americas, with interests in operating mines, development‐stage assets and advanced exploration projects.

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