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Royalty Pharma (RPRX) Stock Price, News & Analysis

$26.92
-0.28 (-1.03%)
(As of 06/14/2024 ET)
Today's Range
$26.71
$27.20
50-Day Range
$26.39
$29.72
52-Week Range
$25.92
$32.36
Volume
1.91 million shs
Average Volume
2.62 million shs
Market Capitalization
$16.08 billion
P/E Ratio
20.09
Dividend Yield
3.12%
Price Target
$43.00

Royalty Pharma MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
59.7% Upside
$43.00 Price Target
Short Interest
Healthy
3.45% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.25
Upright™ Environmental Score
News Sentiment
1.58mentions of Royalty Pharma in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.18%
From $4.03 to $4.40 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.89 out of 5 stars

Finance Sector

52nd out of 878 stocks

Pharmaceutical Preparations Industry

8th out of 429 stocks

RPRX stock logo

About Royalty Pharma Stock (NASDAQ:RPRX)

Royalty Pharma plc operates as a buyer of biopharmaceutical royalties and a funder of innovations in the biopharmaceutical industry in the United States. It is also involved in the identification, evaluation, and acquisition of royalties on various biopharmaceutical therapies. In addition, the company collaborates with innovators from academic institutions, research hospitals and not-for-profits, small and mid-cap biotechnology companies, and pharmaceutical companies. Its portfolio consists of royalties on approximately 35 commercial products and 14 development-stage product candidates that address various therapeutic areas, such as rare disease, cancer, neuroscience, immunology, respiratory, infectious disease, hematology, and diabetes. The company was founded in 1996 and is based in New York, New York.

RPRX Stock Price History

RPRX Stock News Headlines

7 Dividend Stocks to Buy at a 52-Week Low
Q1 2024 Royalty Pharma PLC Earnings Call
Royalty Pharma Beats Q1 Earnings and Revenue Estimates
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Ex-Dividend for 6/14 Dividend
5/16/2024
Dividend Payable
6/14/2024
Today
6/16/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceuticals
Current Symbol
NASDAQ:RPRX
CUSIP
76028H20
Fax
N/A
Employees
51
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$43.00
High Stock Price Target
$57.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+59.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$1.13 billion
Pretax Margin
53.03%

Debt

Sales & Book Value

Annual Sales
$2.36 billion
Cash Flow
$4.52 per share
Book Value
$16.88 per share

Miscellaneous

Free Float
484,521,000
Market Cap
$16.08 billion
Optionable
Optionable
Beta
0.47

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Key Executives

  • Mr. Pablo Gerardo Legorreta (Age 59)
    Founder, Chairman of the Board & CEO
  • Mr. Terrance P. Coyne
    Executive VP & CFO
  • Mr. George Wingate Lloyd (Age 64)
    Executive VP of Investments & Chief Legal Officer
    Comp: $4.56M
  • Mr. Christopher Hite (Age 56)
    Vice Chairman & Executive VP
    Comp: $4.56M
  • Dr. Marshall Jonathan Urist M.D. (Age 48)
    Ph.D., Executive Vice President of Research & Investments
    Comp: $4.56M
  • Mr. Arthur Richard McGivern J.D.
    Executive Vice President of Investments & General Counsel
  • Mr. Ashwin Pai M.D.
    Executive Vice President of Investments
  • Ms. Kristin Stafford (Age 42)
    Senior VP & Chief Accounting Officer
  • Mr. Eric Cornelius Schneider
    Senior VP & Chief Technology Officer
  • Dr. James Folmar Reddoch Ph.D. (Age 54)
    Executive VP of Investments & Chief Scientific Officer
    Comp: $3.4M

Should I Buy Royalty Pharma Stock? RPRX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Royalty Pharma plc:

  • Royalty Pharma plc has a diverse portfolio of royalties on approximately 35 commercial products and 14 development-stage product candidates covering various therapeutic areas, providing potential for revenue growth and stability.
  • The company collaborates with a wide range of innovators from academic institutions, research hospitals, biotechnology companies, and pharmaceutical companies, enhancing its access to cutting-edge biopharmaceutical innovations.
  • Royalty Pharma plc has a solid financial performance, with a strong net margin of 35.70% and a return on equity of 22.94%, indicating efficient operations and profitability.
  • The company's stock price has shown resilience, with a 52-week low of $25.92 and a 52-week high of $34.65, demonstrating potential for capital appreciation and stability in share value.
  • Royalty Pharma plc offers a quarterly dividend, with a dividend yield of 3.06%, providing investors with a potential income stream alongside capital gains.

Cons

Investors should be bearish about investing in Royalty Pharma plc for these reasons:

  • The company's stock price has experienced fluctuations, with a current market price of $27.48, potentially indicating volatility and uncertainty in share value.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these Royalty Pharma pros and cons to contact@marketbeat.com.

RPRX Stock Analysis - Frequently Asked Questions

Should I buy or sell Royalty Pharma stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Royalty Pharma in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RPRX shares.
View RPRX analyst ratings
or view top-rated stocks.

What is Royalty Pharma's stock price target for 2024?

5 equities research analysts have issued 1 year price objectives for Royalty Pharma's stock. Their RPRX share price targets range from $28.00 to $57.00. On average, they expect the company's stock price to reach $43.00 in the next twelve months. This suggests a possible upside of 59.7% from the stock's current price.
View analysts price targets for RPRX
or view top-rated stocks among Wall Street analysts.

How have RPRX shares performed in 2024?

Royalty Pharma's stock was trading at $28.09 at the beginning of 2024. Since then, RPRX shares have decreased by 4.2% and is now trading at $26.92.
View the best growth stocks for 2024 here
.

When is Royalty Pharma's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our RPRX earnings forecast
.

How were Royalty Pharma's earnings last quarter?

Royalty Pharma plc (NASDAQ:RPRX) announced its earnings results on Thursday, May, 9th. The biopharmaceutical company reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.02. The biopharmaceutical company earned $568 million during the quarter, compared to the consensus estimate of $671.45 million. Royalty Pharma had a trailing twelve-month return on equity of 22.94% and a net margin of 35.70%. During the same quarter in the prior year, the firm posted $1.60 EPS.

How often does Royalty Pharma pay dividends? What is the dividend yield for Royalty Pharma?

Royalty Pharma announced a quarterly dividend on Wednesday, April 17th. Stockholders of record on Friday, May 17th will be given a dividend of $0.21 per share on Friday, June 14th. This represents a $0.84 dividend on an annualized basis and a yield of 3.12%. The ex-dividend date is Thursday, May 16th.
Read our dividend analysis for RPRX
.

Is Royalty Pharma a good dividend stock?

Royalty Pharma (NASDAQ:RPRX) pays an annual dividend of $0.84 per share and currently has a dividend yield of 3.12%. The dividend payout ratio is 62.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RPRX will have a dividend payout ratio of 19.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RPRX.

What other stocks do shareholders of Royalty Pharma own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Royalty Pharma investors own include Twitter (TWTR), Bausch Health Companies (BHC), NVIDIA (NVDA), (RLYP) (RLYP), Aeterna Zentaris (AEZS), Advanced Micro Devices (AMD), Netflix (NFLX), QUALCOMM (QCOM), Salesforce (CRM) and Twilio (TWLO).

When did Royalty Pharma IPO?

Royalty Pharma (RPRX) raised $1.9 billion in an initial public offering (IPO) on Tuesday, June 16th 2020. The company issued 70,000,000 shares at a price of $25.00-$28.00 per share. J.P. Morgan, Morgan Stanley, BofA Securities, Goldman Sachs, Citigroup and UBS Investment Bank served as the underwriters for the IPO and Evercore ISI, Cowen and SunTrust Robinson Humphrey were co-managers.

Who are Royalty Pharma's major shareholders?

Royalty Pharma's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.31%), Baillie Gifford & Co. (2.79%), Swedbank AB (1.39%), Homestead Advisers Corp (0.32%), Mitsubishi UFJ Trust & Banking Corp (0.31%) and Janus Henderson Group PLC (0.31%). Insiders that own company stock include 1978 Sicaf Sif SA - Gg St Gg, 1978 Sicaf Sif SA Gg, Avara Management Ltd, George W Lloyd, Henry A Fernandez, James F Reddoch, James F Reddoch, Mario Germano Giuliani, Marshall Urist, Pablo G Legorreta, Rory B Riggs, Scientific Corp Boston and Terrance P Coyne.
View institutional ownership trends
.

How do I buy shares of Royalty Pharma?

Shares of RPRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:RPRX) was last updated on 6/16/2024 by MarketBeat.com Staff

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