Should I buy or sell Royal Gold stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Royal Gold in the last twelve months. 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. View RGLD analyst ratings or view top-rated stocks .

What is Royal Gold's stock price target for 2024?

8 brokers have issued 12-month target prices for Royal Gold's stock. Their RGLD share price targets range from $120.00 to $160.00. On average, they expect the company's share price to reach $142.22 in the next year. This suggests a possible upside of 18.5% from the stock's current price. View analysts price targets for RGLD or view top-rated stocks among Wall Street analysts .

How have RGLD shares performed in 2023?

Royal Gold's stock was trading at $112.72 at the start of the year. Since then, RGLD shares have increased by 6.5% and is now trading at $120.06. View the best growth stocks for 2023 here .

When is Royal Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. View our RGLD earnings forecast .

How were Royal Gold's earnings last quarter?

Royal Gold, Inc. (NASDAQ:RGLD) announced its earnings results on Wednesday, November, 1st. The basic materials company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by $0.03. The basic materials company had revenue of $138.62 million for the quarter. Royal Gold had a net margin of 37.83% and a trailing twelve-month return on equity of 8.18%.

How often does Royal Gold pay dividends? What is the dividend yield for Royal Gold?

Royal Gold declared a quarterly dividend on Tuesday, November 14th. Investors of record on Friday, January 5th will be given a dividend of $0.40 per share on Friday, January 19th. This represents a $1.60 annualized dividend and a yield of 1.33%. The ex-dividend date is Thursday, January 4th. This is a positive change from the stock's previous quarterly dividend of $0.38. Read our dividend analysis for RGLD .

Is Royal Gold a good dividend stock?

Royal Gold (NASDAQ:RGLD) pays an annual dividend of $1.50 per share and currently has a dividend yield of 1.22%. The company has been increasing its dividend for 23 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 42.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGLD will have a dividend payout ratio of 37.22% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RGLD .

What ETFs hold Royal Gold's stock?

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) .

What other stocks do shareholders of Royal Gold own?

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) .

Who are Royal Gold's major shareholders?

Royal Gold's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (6.52%), First Eagle Investment Management LLC (5.52%), Findlay Park Partners LLP (1.98%), Acadian Asset Management LLC (1.24%), Bank of New York Mellon Corp (1.24%) and Northern Trust Corp (1.06%). Insiders that own company stock include Daniel Breeze , Mark Isto , Paul Libner , Randy Shefman and William M Hayes . View institutional ownership trends .

How do I buy shares of Royal Gold?

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. Compare Top Brokerages Here .

Royal Gold Stock Price, News & Analysis (NASDAQ:RGLD)

$120.06

-2.78 (-2.26%)

(As of 11:32 AM ET)

Compare

Today's Range: $119.81
▼
$121.73
50-Day Range: $102.87
▼
$122.84
52-Week Range: $101.82
▼
$147.82

Volume: 110,875 shs
Average Volume: 423,651 shs
Market Capitalization: $7.89 billion

P/E Ratio: 33.82
Dividend Yield: 1.25%
Price Target: $142.22

Royal Gold MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 18.5% Upside
$142.22 Price Target
Short Interest: Healthy
3.25% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -3.41
Upright™ Environmental Score
News Sentiment: 0.78
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 17.84%
From $3.42 to $4.03 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

Basic Materials Sector

32nd out of 170 stocks

Miscellaneous Investing Industry

3rd out of 3 stocks

2.1

Analyst's Opinion

Consensus Rating
Royal Gold has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $142.22, Royal Gold has a forecasted upside of 18.5% from its current price of $120.06.
Amount of Analyst Coverage
Royal Gold has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.25% of the float of Royal Gold has been sold short.
Short Interest Ratio / Days to Cover
Royal Gold has a short interest ratio ("days to cover") of 6.
Change versus previous month
Short interest in Royal Gold has recently decreased by 15.14%, indicating that investor sentiment is improving significantly.

4.2

Dividend Strength

Dividend Yield
Royal Gold pays a meaningful dividend of 1.22%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Royal Gold has been increasing its dividend for 23 years.
Dividend Coverage
The dividend payout ratio of Royal Gold is 42.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Royal Gold will have a dividend payout ratio of 37.22% next year. This indicates that Royal Gold will be able to sustain or increase its dividend.

0.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Royal Gold has received a -76.05% net impact score from Upright. The largest negative impact of Royal Gold in category "GHG emissions" seems to be driven mostly by its "Gold", "Copper", and "Silver" products. See details.
Environmental Sustainability
The Environmental Impact score for Royal Gold is -3.41.

2.7

News and Social Media Coverage

News Sentiment
Royal Gold has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Royal Gold this week, compared to 4 articles on an average week.
Search Interest
Only 5 people have searched for RGLD on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added Royal Gold to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Royal Gold insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.40% of the stock of Royal Gold is held by insiders.
Percentage Held by Institutions
80.49% of the stock of Royal Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Royal Gold are expected to grow by 17.84% in the coming year, from $3.42 to $4.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Royal Gold is 33.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Royal Gold is 33.82, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 85.58.
Price to Earnings Growth Ratio
Royal Gold has a PEG Ratio of 3.05. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Royal Gold has a P/B Ratio of 2.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Royal Gold Stock (NASDAQ:RGLD)

Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. The company engages in acquiring stream and royalty interests or to finance projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and other metals. Its stream and royalty interests on properties are located in the United States, Canada, Chile, the Dominican Republic, Australia, Africa, Mexico, Botswana, and internationally. Royal Gold, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.

RGLD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RGLD Stock News Headlines

November 29, 2023 | finance.yahoo.com

12 Most Undervalued Gold Stocks To Buy According To Hedge Funds

November 29, 2023 | finance.yahoo.com

12 Most Undervalued Gold Stocks To Buy According To Hedge Funds

December 4, 2023 | Financial Alphas (Ad)

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November 29, 2023 | americanbankingnews.com

Royal Gold, Inc. (NASDAQ:RGLD) Receives Average Recommendation of "Hold" from Brokerages

November 25, 2023 | americanbankingnews.com

Royal Gold Target of Unusually High Options Trading (NASDAQ:RGLD)

November 18, 2023 | finance.yahoo.com

Royal Gold (NASDAQ:RGLD) Will Pay A Larger Dividend Than Last Year At $0.40

November 17, 2023 | businesswire.com

Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Thursday, November 30

November 15, 2023 | marketwatch.com

Royal Gold Raises Quarterly Dividend to 40c per Share

December 4, 2023 | DTI Trader (Ad)

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November 14, 2023 | finance.yahoo.com

Royal Gold Announces the 23rd Consecutive Annual Increase in the Common Stock Dividend to $1.60 Per Share for 2024, a 7% Increase over the 2023 Dividend

November 7, 2023 | finance.yahoo.com

Royal Gold (RGLD) Q3 Earnings Miss Estimates, Increase Y/Y

November 6, 2023 | finance.yahoo.com

Royal Gold (NASDAQ:RGLD) delivers shareholders respectable 10% CAGR over 5 years, surging 4.3% in the last week alone

November 6, 2023 | seekingalpha.com

Royal Gold: The Penasquito Strike Hurt

November 3, 2023 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: CF Holdings (CF), Royal Gold (RGLD) and Albemarle (ALB)

November 3, 2023 | finance.yahoo.com

Q3 2023 Royal Gold Inc Earnings Call

November 2, 2023 | seekingalpha.com

Royal Gold, Inc. 2023 Q3 - Results - Earnings Call Presentation

November 2, 2023 | finance.yahoo.com

Royal Gold Inc (RGLD) Q3 2023 Earnings: Net Income Rises to $49.3 Million

October 11, 2023 | markets.businessinsider.com

Royal Gold Q3 Stream Sales Buoy Optimism, Analyst Highlights Exposure To Resource Growth As Key Catalyst

October 11, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Materials Companies: Royal Gold (RGLD) and SilverCrest Metals (SILV)

October 10, 2023 | finance.yahoo.com

Royal Gold (RGLD) Updates on Penasquito Mine Operation Halt

October 10, 2023 | finance.yahoo.com

Royal Gold Provides Update on its Q3 2023 Stream Segment Sales and Details for Release of Q3 2023 Results

October 9, 2023 | finance.yahoo.com

Royal Gold Provides Update on Peñasquito

October 5, 2023 | finance.yahoo.com

Unearthing the Dividend Potential of Royal Gold Inc (RGLD)

October 3, 2023 | businesswire.com

Royal Gold Presenting at the John Tumazos Very Independent Research 2023 Virtual Conference

October 3, 2023 | businesswire.com

Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, October 11

October 3, 2023 | bizjournals.com

Denver company calls off $250M purchase after automakers' EV supply deal falls apart

September 29, 2023 | msn.com

Royal Gold royalty deal on Brazil mines falls through

See More Headlines

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Company Calendar

Ex-Dividend for 10/20 Dividend: 10/05/2023
Dividend Payable: 10/20/2023
Last Earnings: 11/01/2023
Today: 12/04/2023
Fiscal Year End: 12/31/2023
Ex-Dividend for 1/19 Dividend: 1/04/2024
Dividend Payable: 1/19/2024
Next Earnings (Estimated): 2/21/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Miscellaneous investing
Sub-Industry: Gold
Sector: Basic Materials
Current Symbol: NASDAQ:RGLD
CUSIP: 78028710
CIK: 85535
Web: www.royalgold.com
Phone: (303) 573-1660
Fax: 303-595-9385
Employees: 31
Year Founded: 1986

Price Target and Rating

Average Stock Price Target: $142.22
High Stock Price Target: $160.00
Low Stock Price Target: $120.00
Potential Upside/Downside: +18.6%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.55
Trailing P/E Ratio: 33.79
Forward P/E Ratio: 35.08
P/E Growth: 3.05
Net Income: $238.98 million
Net Margins: 37.83%
Pretax Margin: 44.66%
Return on Equity: 8.18%
Return on Assets: 6.63%

Debt

Debt-to-Equity Ratio: 0.11
Current Ratio: 2.31
Quick Ratio: 2.17

Sales & Book Value

Annual Sales: $603.21 million
Price / Sales: 13.06
Cash Flow: $6.03 per share
Price / Cash Flow: 19.91
Book Value: $41.95 per share
Price / Book: 2.86

Miscellaneous

Outstanding Shares: 65,690,000
Free Float: 65,429,000
Market Cap: $7.88 billion
Optionable: Optionable
Beta: 0.74

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Key Executives

Mr. William H. Heissenbuttel (Age 58)
President, CEO & Director
Comp: $1.76M
Mr. Paul K. Libner (Age 49)
CFO & Treasurer
Comp: $786.69k
Mr. Randy Shefman (Age 50)
VP & General Counsel
Comp: $780.6k
Mr. Daniel K. Breeze (Age 50)
Vice President of Corporate Development - RGLD Gold AG
Comp: $864.7k
Dr. Martin Raffield P.Eng. (Age 54)
Ph.D., Vice President of Operations
Ms. Laura B. Gill J.D.
VP, Corporate Secretary & Chief Compliance Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RGLD Stock Analysis - Frequently Asked Questions

Should I buy or sell Royal Gold stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Royal Gold in the last twelve months. 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.
View RGLD analyst ratings or view top-rated stocks.
What is Royal Gold's stock price target for 2024?: 8 brokers have issued 12-month target prices for Royal Gold's stock. Their RGLD share price targets range from $120.00 to $160.00. On average, they expect the company's share price to reach $142.22 in the next year. This suggests a possible upside of 18.5% from the stock's current price.
View analysts price targets for RGLD or view top-rated stocks among Wall Street analysts.
How have RGLD shares performed in 2023?: Royal Gold's stock was trading at $112.72 at the start of the year. Since then, RGLD shares have increased by 6.5% and is now trading at $120.06.
View the best growth stocks for 2023 here.
When is Royal Gold's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
View our RGLD earnings forecast.
How were Royal Gold's earnings last quarter?: Royal Gold, Inc. (NASDAQ:RGLD) announced its earnings results on Wednesday, November, 1st. The basic materials company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by $0.03. The basic materials company had revenue of $138.62 million for the quarter. Royal Gold had a net margin of 37.83% and a trailing twelve-month return on equity of 8.18%.
How often does Royal Gold pay dividends? What is the dividend yield for Royal Gold?: Royal Gold declared a quarterly dividend on Tuesday, November 14th. Investors of record on Friday, January 5th will be given a dividend of $0.40 per share on Friday, January 19th. This represents a $1.60 annualized dividend and a yield of 1.33%. The ex-dividend date is Thursday, January 4th. This is a positive change from the stock's previous quarterly dividend of $0.38.
Read our dividend analysis for RGLD.

Is Royal Gold a good dividend stock?: Royal Gold (NASDAQ:RGLD) pays an annual dividend of $1.50 per share and currently has a dividend yield of 1.22%. The company has been increasing its dividend for 23 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 42.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGLD will have a dividend payout ratio of 37.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RGLD.
What ETFs hold Royal Gold's stock?: 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).
What other stocks do shareholders of Royal Gold own?: 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).
Who are Royal Gold's major shareholders?: Royal Gold's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (6.52%), First Eagle Investment Management LLC (5.52%), Findlay Park Partners LLP (1.98%), Acadian Asset Management LLC (1.24%), Bank of New York Mellon Corp (1.24%) and Northern Trust Corp (1.06%). Insiders that own company stock include Daniel Breeze, Mark Isto, Paul Libner, Randy Shefman and William M Hayes.
View institutional ownership trends.
How do I buy shares of Royal Gold?: 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.
Compare Top Brokerages Here.

This page (NASDAQ:RGLD) was last updated on 12/4/2023 by MarketBeat.com Staff

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