NASDAQ:RGLDRoyal Gold Stock Price, Forecast & News

Royal Gold's stock was trading at $88.02 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RGLD shares have increased by 6.7% and is now trading at $93.91. View which stocks have been mosted impacted by Coronavirus.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Royal Gold in the last year. There are currently 3 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Royal Gold.

Royal Gold is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Royal Gold.

Royal Gold, Inc (NASDAQ:RGLD) released its quarterly earnings data on Wednesday, February, 5th. The basic materials company reported $0.63 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.64 by $0.01. The basic materials company had revenue of $123.60 million for the quarter, compared to analyst estimates of $130.34 million. Royal Gold had a net margin of 35.69% and a return on equity of 6.25%. The business's revenue was up 26.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.36 earnings per share. View Royal Gold's earnings history.

Royal Gold announced a quarterly dividend on Thursday, March 12th. Investors of record on Friday, April 3rd will be given a dividend of $0.28 per share on Friday, April 17th. This represents a $1.12 annualized dividend and a yield of 1.19%. The ex-dividend date is Thursday, April 2nd. View Royal Gold's dividend history.

12 brokerages have issued 12 month price targets for Royal Gold's stock. Their forecasts range from $98.00 to $156.00. On average, they anticipate Royal Gold's share price to reach $118.38 in the next year. This suggests a possible upside of 26.1% from the stock's current price. View analysts' price targets for Royal Gold.

News articles about RGLD stock have trended very negative recently, according to InfoTrie. The research group rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Royal Gold earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutRoyal Gold.

Royal Gold saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 1,959,200 shares, a drop of 18.0% from the February 27th total of 2,390,000 shares. Based on an average daily trading volume, of 867,300 shares, the days-to-cover ratio is presently 2.3 days. Currently, 3.0% of the shares of the stock are sold short. View Royal Gold's Current Options Chain.

Some companies that are related to Royal Gold include GLENCORE PLC/ADR (GLNCY), Southern Copper (SCCO), Anglo American (NGLOY), FORTESCUE METAL/S (FSUGY), Koninklijke DSM (RDSMY), Franco Nevada (FNV), Nutrien (NTR), Newcrest Mining (NCM), Glencore (GLEN), PPG Industries (PPG), Wheaton Precious Metals (WPM), CRH (CRH), Anglo American (AAL), Akzo Nobel (AKZOD) and LyondellBasell Industries (LYB).

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 First Majestic Silver (AG).

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

Royal Gold's stock is owned by a variety of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.02%). 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.

RGLD stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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.

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.

One share of RGLD stock can currently be purchased for approximately $93.91.

Royal Gold has a market capitalization of $6.16 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. View additional information about Royal Gold.

The official website for Royal Gold is http://www.royalgold.com/.

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]