NASDAQ:RGLDRoyal Gold Stock Price, Forecast & News

$127.80

+1.94 (+1.54 %)

(As of 06/4/2020 02:22 PM ET)

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Today's Range

$125.45

Now: $127.80▼

$128.58

50-Day Range

$104.81

MA: $126.99▼

$137.08

52-Week Range

$59.78

Now: $127.80▼

$139.63

Volume26,138 shs

Average Volume620,395 shs

Market Capitalization$8.38 billion

P/E Ratio47.51

Dividend Yield0.86%

Beta0.82

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 $127.94, Royal Gold has a potential upside of 0.1% from its current price of $127.80.
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 703 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Royal Gold has received 509 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Royal Gold has received 58.00% “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 0.86%, 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 47.51, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Royal Gold is 47.51, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.70.
Price to Earnings Growth Ratio
Royal Gold has a PEG Ratio of 5.37. 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 3.86. 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 Ratio47.51

Forward P/E Ratio52.59

P/E Growth5.37

Sales & Book Value

Annual Sales$423.06 million

Price / Sales19.81

Cash Flow$4.09 per share

Price / Cash Flow31.25

Book Value$33.13 per share

Price / Book3.86

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 Shares65,580,000

Market Cap$8.38 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 shares have increased by 45.2% and is now trading at $127.80. 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) announced its earnings results on Wednesday, May, 6th. The basic materials company reported $0.68 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.67 by $0.01. The basic materials company had revenue of $136.40 million for 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%. The firm's revenue was up 24.2% on a year-over-year basis. During the same period last year, the company posted $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 declared a quarterly dividend on Tuesday, May 26th. Stockholders of record on Thursday, July 2nd will be paid a dividend of $0.28 per share on Thursday, July 16th. This represents a $1.12 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date is Wednesday, July 1st. View Royal Gold's dividend history.

What price target have analysts set for RGLD?

12 Wall Street analysts have issued 1 year target prices for Royal Gold's shares. Their forecasts range from $105.00 to $152.00. On average, they expect Royal Gold's stock price to reach $127.94 in the next year. This suggests a possible upside of 0.1% from the stock's current price. View analysts' price targets for Royal Gold.

Has Royal Gold been receiving favorable news coverage?

News coverage about RGLD stock has trended somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Royal Gold earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news aboutRoyal Gold.

Are investors shorting Royal Gold?

Royal Gold saw a drop in short interest in 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 daily volume of 824,600 shares, the short-interest ratio is currently 1.5 days. Currently, 1.9% of the shares of the 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 Newmont Goldcorp (NEM), NovaGold Resources (NG), Gold Resource (GORO), Vista Gold (VGZ) and Trevali Mining (TV). 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, Mark Isto, Ronald J Vance, 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 purchased 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 $127.80.

How big of a company is Royal Gold?

Royal Gold has a market capitalization of $8.38 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 6/4/2020 by MarketBeat.com Staff