Royal Gold (RGLD) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Royal Gold in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RGLD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RGLD, but not buy additional shares or sell existing shares.
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8 equities research analysts have issued 12-month price objectives for Royal Gold's shares. Their RGLD share price forecasts range from $120.00 to $160.00. On average, they predict the company's share price to reach $141.50 in the next year. This suggests a possible upside of 28.1% from the stock's current price.
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Royal Gold's stock was trading at $112.72 at the beginning of 2023. Since then, RGLD stock has decreased by 2.0% and is now trading at $110.43.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our RGLD earnings forecast.

Royal Gold, Inc. (NASDAQ:RGLD) released its earnings results on Wednesday, August, 2nd. The basic materials company reported $0.88 EPS for the quarter, meeting the consensus estimate of $0.88. The basic materials company had revenue of $144.04 million for the quarter. Royal Gold had a trailing twelve-month return on equity of 8.19% and a net margin of 37.69%.

Royal Gold announced a quarterly dividend on Tuesday, August 22nd. Shareholders of record on Friday, October 6th will be paid a dividend of $0.375 per share on Friday, October 20th. This represents a $1.50 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend is Thursday, October 5th.
Read our dividend analysis for RGLD.

ETFs with the largest weight of Royal Gold (NASDAQ:RGLD) stock in their portfolio include U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), Direxion Daily Metals & Mining Bull 2X Shares (MNM), SPDR S&P Metals & Mining ETF (XME), VanEck Gold Miners ETF (GDX), WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), First Trust Materials AlphaDEX Fund (FXZ) and Amplify Inflation Fighter ETF (IWIN).

Royal Gold (NASDAQ:RGLD) pays an annual dividend of $1.50 per share and currently has a dividend yield of 1.32%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 42.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGLD will have a dividend payout ratio of 35.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RGLD.

Based on aggregate information from My MarketBeat watchlists, some companies that other Royal Gold investors own include Wheaton Precious Metals (WPM), NVIDIA (NVDA), Franco-Nevada (FNV), Agnico Eagle Mines (AEM), Newmont (NEM), Barrick Gold (GOLD), Freeport-McMoRan (FCX), Micron Technology (MU), Advanced Micro Devices (AMD) and QUALCOMM (QCOM).

Royal Gold trades on the NASDAQ under the ticker symbol "RGLD."

Royal Gold's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.61%), Capital World Investors (9.89%), Van ECK Associates Corp (6.44%), State Street Corp (4.97%), Findlay Park Partners LLP (2.00%) and Geode Capital Management LLC (1.55%). Insiders that own company stock include Daniel Breeze, Mark Isto, Paul Libner, Randy Shefman and William M Hayes.
View institutional ownership trends.

Shares of RGLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RGLD stock can currently be purchased for approximately $110.43.

Royal Gold (NASDAQ:RGLD) has a market capitalization of $7.25 billion and generates $608.84 million in revenue each year. The basic materials company earns $238.98 million in net income (profit) each year or $3.50 on an earnings per share basis.

Royal Gold's mailing address is 1144 15TH STREET SUITE 2500, DENVER CO, 80202. The official website for the company is www.royalgold.com. The basic materials company can be reached via phone at (303) 573-1660, via email at kgross@royalgold.com, or via fax at 303-595-9385.