NASDAQ:RGLDRoyal Gold Stock Price, Forecast & News

$136.96

+0.23 (+0.17 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$134.91

Now: $136.96▼

$138.69

50-Day Range

$91.33

MA: $118.01▼

$137.08

52-Week Range

$59.78

Now: $136.96▼

$139.63

Volume659,802 shs

Average Volume781,395 shs

Market Capitalization$8.98 billion

P/E Ratio50.91

Dividend Yield0.82%

Beta0.81

Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that are in production or in development stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, cobalt, and molybdenum. As of August 1, 2018, the company owned interests in 191 properties on 6 continents, including interests on 40 producing mines and 18 development stage projects. Its principal producing stream and royalty interests on properties are located in the United States, Canada, Chile, the Dominican Republic, Ghana, and Mexico. The company also holds stream and royalty interests in mines and projects in other countries, including Argentina, Australia, Bolivia, Brazil, Burkina Faso, Guatemala, Honduras, Macedonia, Nicaragua, Peru, Russia, Spain, and Tunisia. Royal Gold, Inc. was founded in 1981 and is based in Denver, Colorado.

Beat the Market (BTM) Rank^™

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 4 buy ratings, 7 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $127.83, Royal Gold has a potential downside of 6.7% from its current price of $136.96.
Amount of Analyst Coverage
Royal Gold has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Royal Gold has received 702 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Royal Gold has received 508 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Royal Gold has received 58.02% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Royal Gold and other stocks. Vote “Outperform” if you believe RGLD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RGLD will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Royal Gold is a leading dividend payer. It pays a dividend yield of 0.82%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Royal Gold has been increasing its dividend for 15 years.
Dividend Coverage
The dividend payout ratio of Royal Gold is 77.24 %. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Royal Gold will have a dividend payout ratio of 32.28 % next year. This indicates that Royal Gold will be able to sustain or increase its dividend.

1.0 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 0.52% of the stock of Royal Gold is held by insiders.
Percentage Held by Institutions
78.60% of the stock of Royal Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Royal Gold are expected to grow by 42.80% in the coming year, from $2.43 to $3.47 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Royal Gold is 50.91, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.80.
Price to Earnings Ratio vs. Sector
The P/E ratio of Royal Gold is 50.91, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 18.34.
Price to Earnings Growth Ratio
Royal Gold has a PEG Ratio of 5.64. 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 4.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.41 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Miscellaneous investing

Sub-IndustryGold

SectorBasic Materials

Current SymbolNASDAQ:RGLD

Previous Symbol

CUSIP78028710

CIK85535

Webwww.royalgold.com

Phone303-573-1660

Debt

Debt-to-Equity Ratio0.04

Current Ratio3.02

Quick Ratio2.78

Price-To-Earnings

Trailing P/E Ratio50.91

Forward P/E Ratio56.36

P/E Growth5.64

Sales & Book Value

Annual Sales$423.06 million

Price / Sales21.23

Cash Flow$4.18 per share

Price / Cash Flow32.80

Book Value$33.13 per share

Price / Book4.13

Profitability

EPS (Most Recent Fiscal Year)$1.45

Net Income$93.82 million

Net Margins35.75%

Return on Equity6.93%

Return on Assets6.06%

Miscellaneous

Employees23

Outstanding Shares65,581,000

Market Cap$8.98 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableOptionable

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Royal Gold (NASDAQ:RGLD) Frequently Asked Questions

How has Royal Gold's stock been impacted by COVID-19 (Coronavirus)?

Royal Gold's stock was trading at $88.02 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RGLD stock has increased by 55.6% and is now trading at $136.96. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Royal Gold?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Royal Gold in the last year. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Royal Gold.

When is Royal Gold's next earnings date?

Royal Gold is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Royal Gold.

How were Royal Gold's earnings last quarter?

Royal Gold, Inc (NASDAQ:RGLD) released its earnings results on Wednesday, May, 6th. The basic materials company reported $0.68 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.67 by $0.01. The basic materials company earned $136.40 million during the quarter, compared to analyst estimates of $133.59 million. Royal Gold had a return on equity of 6.93% and a net margin of 35.75%. Royal Gold's revenue for the quarter was up 24.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.44 EPS. View Royal Gold's earnings history.

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

Royal Gold announced a quarterly dividend on Thursday, March 12th. Stockholders of record on Friday, April 3rd will be paid a dividend of $0.28 per share on Friday, April 17th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date of this dividend is Thursday, April 2nd. View Royal Gold's dividend history.

What price target have analysts set for RGLD?

12 analysts have issued 1-year target prices for Royal Gold's stock. Their forecasts range from $105.00 to $151.00. On average, they expect Royal Gold's stock price to reach $127.83 in the next twelve months. This suggests that the stock has a possible downside of 6.7%. View analysts' price targets for Royal Gold.

Has Royal Gold been receiving favorable news coverage?

News stories about RGLD stock have trended very positive recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Royal Gold earned a news sentiment score of 4.0 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutRoyal Gold.

Are investors shorting Royal Gold?

Royal Gold saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,230,000 shares, a drop of 33.2% from the April 15th total of 1,840,000 shares. Based on an average trading volume of 824,600 shares, the short-interest ratio is currently 1.5 days. Currently, 1.9% of the company's stock are short sold. View Royal Gold's Current Options Chain.

Who are some of Royal Gold's key competitors?

Some companies that are related to Royal Gold include BHP Group (BHP), GIVAUDAN SA/ADR (GVDNY), Rio Tinto Limited Fully Paid Ord. Shrs (RIO), Wheaton Precious Metals (WPM), Franco Nevada (FNV), FORTESCUE METAL/S (FSUGY), Southern Copper (SCCO), Anglo American (NGLOY), Nutrien (NTR), GLENCORE PLC/ADR (GLNCY), Koninklijke DSM (RDSMY), PPG Industries (PPG), Newcrest Mining (NCM), Agnico Eagle Mines (AEM) and Anglo American (AAL). View all competitors.

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), Franco Nevada (FNV), NVIDIA (NVDA), Agnico Eagle Mines (AEM), Goldcorp (GG), Freeport-McMoRan (FCX), Barrick Gold (GOLD), Newmont Goldcorp (NEM), Sandstorm Gold (SAND) and Alibaba Group (BABA).

Who are Royal Gold's key executives?

Royal Gold's management team includes the following people:

Mr. Tony Alan Jensen, Pres, CEO & Director (Age 57)
Mr. William H. Heissenbuttel, CFO & VP of Strategy (Age 54)
Mr. Mark E. Isto, VP of Operations (Age 59)
Mr. Bruce C. Kirchhoff, VP, Gen. Counsel & Sec. (Age 60)
Mr. Jason Franklin Hynes BSc, MBA, Director of Bus. Devel. & Global Sales (Age 40)

What is Royal Gold's stock symbol?

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

Who are Royal Gold's major shareholders?

Royal Gold's stock is owned by a variety of institutional and retail investors. Top institutional investors include Capital World Investors (12.12%), BlackRock Inc. (10.02%), Van ECK Associates Corp (6.13%), First Eagle Investment Management LLC (4.61%), State Street Corp (2.73%) and Wells Fargo & Company MN (1.30%). Company insiders that own Royal Gold stock include Bruce Christopher Kirchhoff, Jamie C Sokalsky, Karli S Anderson, Mark Isto, Ronald J Vance, Stefan Wenger, Sybil E Veenman, Tony A Jensen, William Holmes Heissenbuttel and William M Hayes. View institutional ownership trends for Royal Gold.

Which major investors are selling Royal Gold stock?

RGLD stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, JPMorgan Chase & Co., Wells Fargo & Company MN, Capital World Investors, Principal Financial Group Inc., Voloridge Investment Management LLC, First Trust Advisors LP, and BlackRock Inc.. Company insiders that have sold Royal Gold company stock in the last year include Bruce Christopher Kirchhoff, Mark Isto, Ronald J Vance, Tony A Jensen, and William M Hayes. View insider buying and selling activity for Royal Gold.

Which major investors are buying Royal Gold stock?

RGLD stock was acquired by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Two Sigma Advisers LP, First Eagle Investment Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, Oxbow Advisors LLC, Invesco Ltd., Los Angeles Capital Management & Equity Research Inc., and Nuveen Asset Management LLC. Company insiders that have bought Royal Gold stock in the last two years include Jamie C Sokalsky, and Sybil E Veenman. View insider buying and selling activity for Royal Gold.

How do I buy shares of Royal Gold?

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

What is Royal Gold's stock price today?

One share of RGLD stock can currently be purchased for approximately $136.96.

How big of a company is Royal Gold?

Royal Gold has a market capitalization of $8.98 billion and generates $423.06 million in revenue each year. The basic materials company earns $93.82 million in net income (profit) each year or $1.45 on an earnings per share basis. Royal Gold employs 23 workers across the globe.

What is Royal Gold's official website?

The official website for Royal Gold is www.royalgold.com.

How can I contact Royal Gold?

Royal Gold's mailing address is 1144 15TH STREET SUITE 2500, DENVER CO, 80202. The basic materials company can be reached via phone at 303-573-1660 or via email at [email protected]

This page was last updated on 5/25/2020 by MarketBeat.com Staff