Royal Gold - RGLD Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Royal Gold in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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.

11 equities research analysts have issued 12 month target prices for Royal Gold's stock. Their RGLD share price forecasts range from $110.00 to $150.00. On average, they anticipate the company's share price to reach $138.00 in the next twelve months. This suggests a possible upside of 42.0% from the stock's current price.
View analysts price targets for RGLD or view top-rated stocks among Wall Street analysts.

Royal Gold's stock was trading at $105.21 on January 1st, 2022. Since then, RGLD stock has decreased by 7.6% and is now trading at $97.20.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our RGLD earnings forecast.

Royal Gold, Inc. (NASDAQ:RGLD) posted its quarterly earnings results on Wednesday, November, 3rd. The basic materials company reported $1.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.97 by $0.10. The basic materials company earned $174.43 million during the quarter, compared to analysts' expectations of $166.16 million. Royal Gold had a net margin of 42.22% and a trailing twelve-month return on equity of 9.85%. During the same quarter in the prior year, the firm earned $0.82 EPS.

Royal Gold declared a quarterly dividend on Tuesday, May 24th. Shareholders of record on Friday, July 1st will be paid a dividend of $0.35 per share on Friday, July 15th. This represents a $1.40 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date of this dividend is Thursday, June 30th.
Read our dividend analysis for RGLD.

Royal Gold (NASDAQ:RGLD) pays an annual dividend of $1.40 per share and currently has a dividend yield of 1.40%. 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 33.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGLD will have a dividend payout ratio of 35.90% 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 a number of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (6.05%), State Street Corp (5.18%), Renaissance Technologies LLC (1.21%), Northern Trust Corp (1.06%), Clearbridge Investments LLC (0.80%) and Millennium Management LLC (0.68%). Insiders that own company stock include Bruce Christopher Kirchhoff, Mark Isto, Paul Libner, Randy Shefman and Tony A Jensen.
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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 $97.20.

Royal Gold (NASDAQ:RGLD) has a market capitalization of $6.38 billion and generates $615.86 million in revenue each year. The basic materials company earns $68.16 million in net income (profit) each year or $4.19 on an earnings per share basis.

Royal Gold was founded in 1986.

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.