FY2025 EPS Estimates for OR Royalties Raised by Analyst

OR Royalties Inc. (NYSE:OR - Free Report) - Scotiabank raised their FY2025 earnings per share estimates for shares of OR Royalties in a research note issued to investors on Tuesday, July 15th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings of $0.72 per share for the year, up from their previous forecast of $0.69. Scotiabank currently has a "Sector Outperform" rating and a $28.00 price objective on the stock. The consensus estimate for OR Royalties' current full-year earnings is $0.62 per share. Scotiabank also issued estimates for OR Royalties' FY2026 earnings at $0.73 EPS.

OR Royalties (NYSE:OR - Get Free Report) last announced its earnings results on Wednesday, May 7th. The basic materials company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.13 by $0.03. The company had revenue of $54.92 million for the quarter, compared to analysts' expectations of $79.63 million. OR Royalties had a net margin of 15.28% and a return on equity of 8.66%.

A number of other equities analysts have also commented on the company. National Bankshares reaffirmed an "outperform" rating on shares of OR Royalties in a research note on Tuesday, June 24th. Royal Bank Of Canada decreased their target price on OR Royalties from $24.00 to $23.00 and set an "outperform" rating for the company in a research note on Friday, April 4th. Raymond James Financial reaffirmed an "outperform" rating on shares of OR Royalties in a research note on Friday, April 4th. Wall Street Zen cut OR Royalties from a "buy" rating to a "hold" rating in a research note on Saturday, July 12th. Finally, CIBC reissued an "outperform" rating on shares of OR Royalties in a research report on Tuesday, July 15th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, OR Royalties presently has an average rating of "Moderate Buy" and a consensus price target of $24.33.

OR Royalties Price Performance

Shares of OR traded up $0.50 during mid-day trading on Friday, reaching $27.90. The company had a trading volume of 236,272 shares, compared to its average volume of 741,725. The company's 50 day simple moving average is $25.73 and its 200 day simple moving average is $22.19. OR Royalties has a 1-year low of $15.78 and a 1-year high of $28.22. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.98 and a current ratio of 4.98. The company has a market capitalization of $5.25 billion, a price-to-earnings ratio of 164.29 and a beta of 0.75.

Hedge Funds Weigh In On OR Royalties

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp increased its stake in shares of OR Royalties by 10.5% during the 4th quarter. Bank of New York Mellon Corp now owns 14,469 shares of the basic materials company's stock worth $262,000 after purchasing an additional 1,373 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in OR Royalties by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 348,043 shares of the basic materials company's stock worth $6,299,000 after acquiring an additional 1,502 shares during the period. Raymond James Financial Inc. bought a new stake in OR Royalties during the 4th quarter worth approximately $2,587,000. Swiss National Bank increased its holdings in OR Royalties by 0.6% during the 4th quarter. Swiss National Bank now owns 331,130 shares of the basic materials company's stock worth $5,993,000 after acquiring an additional 2,000 shares during the period. Finally, Northwest & Ethical Investments L.P. lifted its position in OR Royalties by 11.0% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,292 shares of the basic materials company's stock valued at $114,000 after purchasing an additional 626 shares during the last quarter. Hedge funds and other institutional investors own 68.52% of the company's stock.

OR Royalties Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a dividend of $0.055 per share. The ex-dividend date was Monday, June 30th. This represents a $0.22 dividend on an annualized basis and a yield of 0.79%. This is an increase from OR Royalties's previous quarterly dividend of $0.05. OR Royalties's payout ratio is 111.76%.

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.