Scotiabank Has Positive View of OR Royalties FY2026 Earnings

Key Points

• Scotiabank raised its FY2026 EPS estimate for OR Royalties to $1.26 from $1.24, while maintaining a “Sector Perform” rating and a $42 price target.
• OR Royalties recently reported quarterly EPS of $0.32, beating the $0.31 consensus estimate, though revenue of $97.82 million was slightly below expectations.
• Analyst sentiment remains mixed, with the stock carrying an overall “Hold” rating and an average price target of $40.50; the company also declared a quarterly dividend of $0.065 per share.

OR Royalties Inc. (NYSE:OR - Free Report) - Stock analysts at Scotiabank upped their FY2026 earnings per share estimates for OR Royalties in a report issued on Wednesday, August 19th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will earn $1.26 per share for the year, up from their previous estimate of $1.24. Scotiabank has a "Sector Perform" rating and a $42.00 price objective on the stock. The consensus estimate for OR Royalties' current full-year earnings is $1.25 per share.

OR Royalties (NYSE:OR - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. 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 $97.82 million for the quarter, compared to analyst estimates of $97.93 million. OR Royalties had a net margin of 78.04% and a return on equity of 16.41%.

Several other research firms have also recently issued reports on OR. Wall Street Zen cut shares of OR Royalties from a "buy" rating to a "hold" rating in a research note on Saturday, June 6th. Zacks Research downgraded OR Royalties from a "hold" rating to a "strong sell" rating in a research report on Monday, July 13th. Royal Bank Of Canada reduced their target price on OR Royalties from $50.00 to $45.00 and set an "outperform" rating for the company in a research report on Thursday, July 9th. Weiss Ratings cut OR Royalties from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, July 24th. Finally, Jefferies Financial Group dropped their price target on OR Royalties from $40.00 to $34.00 and set a "hold" rating for the company in a research report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $40.50.

OR Royalties Price Performance

OR stock opened at $36.07 on Monday. The firm has a 50 day moving average of $31.63 and a 200-day moving average of $36.52. The firm has a market capitalization of $6.72 billion, a P/E ratio of 24.05 and a beta of 0.75. OR Royalties has a 12 month low of $27.54 and a 12 month high of $48.06. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.14.

Hedge Funds Weigh In On OR Royalties

A number of large investors have recently modified their holdings of OR. FCA Corp TX lifted its stake in OR Royalties by 0.8% in the first quarter. FCA Corp TX now owns 39,647 shares of the basic materials company's stock worth $1,507,000 after acquiring an additional 330 shares during the period. Wells Fargo & Company MN boosted its holdings in OR Royalties by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 5,901 shares of the basic materials company's stock valued at $209,000 after acquiring an additional 346 shares in the last quarter. Allworth Financial LP increased its position in OR Royalties by 20.0% during the 4th quarter. Allworth Financial LP now owns 2,305 shares of the basic materials company's stock valued at $82,000 after purchasing an additional 384 shares during the period. Cetera Investment Advisers increased its position in OR Royalties by 3.5% during the 2nd quarter. Cetera Investment Advisers now owns 13,147 shares of the basic materials company's stock valued at $337,000 after purchasing an additional 440 shares during the period. Finally, State of Wyoming bought a new position in OR Royalties in the 1st quarter worth $28,000. 68.52% of the stock is owned by hedge funds and other institutional investors.

OR Royalties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Wednesday, September 30th. OR Royalties's dividend payout ratio is presently 16.67%.

About OR Royalties

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.

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.

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