NASDAQ:RGLD

Royal Gold - RGLD Stock Forecast, Price & News

$110.67

+0.20 (+0.18%)

(As of 12/6/2022 12:00 AM ET)

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Today's Range: $110.23
▼
$112.49
50-Day Range: $86.66
▼
$114.00
52-Week Range: $84.54
▼
$147.70

Volume: 388,389 shs
Average Volume: 533,684 shs
Market Capitalization: $7.26 billion

P/E Ratio: 28.97
Dividend Yield: 1.27%
Price Target: $136.70

Royal Gold MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 23.5% Upside
$136.70 Price Target
Short Interest: Bearish
3.87% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -3.40
Upright™ Environmental Score
News Sentiment: 0.25
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 13.80%
From $3.26 to $3.71 Per Share

Overall MarketRank^™

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

2.29 out of 5 stars

Basic Materials Sector

71st out of 163 stocks

Miscellaneous Investing Industry

2nd out of 2 stocks

2.3

Analyst's Opinion

Consensus Rating
Royal Gold has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $136.70, Royal Gold has a forecasted upside of 23.5% from its current price of $110.67.
Amount of Analyst Coverage
Royal Gold has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.87% 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 5.6.
Change versus previous month
Short interest in Royal Gold has recently increased by 8.58%, indicating that investor sentiment is decreasing significantly.

4.2

Dividend Strength

Dividend Yield
Royal Gold pays a meaningful dividend of 1.27%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Royal Gold has been increasing its dividend for 20 years.
Dividend Coverage
The dividend payout ratio of Royal Gold is 36.65%. 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 37.74% next year. This indicates that Royal Gold will be able to sustain or increase its dividend.

0.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Royal Gold has received a -91.64% net impact score from Upright. The largest negative impact of Royal Gold in category "GHG emissions" is driven by its "Gold", "Copper", and "Silver" products. See details.
Environmental Sustainability
The Environmental Impact score for Royal Gold is -3.40.

2.9

News and Social Media Coverage

News Sentiment
Royal Gold has a news sentiment score of 0.25. 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 lower news sentiment than the 0.45 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Royal Gold this week, compared to 2 articles on an average week.
Search Interest
7 people have searched for RGLD on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.
MarketBeat Follows
4 people have added Royal Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 33% 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 0.38% of the stock of Royal Gold is held by insiders.
Percentage Held by Institutions
78.04% of the stock of Royal Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Royal Gold are expected to grow by 13.80% in the coming year, from $3.26 to $3.71 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Royal Gold is 28.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Royal Gold is 28.97, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 79.79.
Price to Earnings Growth Ratio
Royal Gold has a PEG Ratio of 3.48. 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 2.79. 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 (NASDAQ:RGLD) Stock

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, and cobalt. As of June 30, 2022, the Company owned interests in 185 properties on five continents, including interests on 41 producing mines and 19 development stage projects. Its stream and royalty interests on properties are located in the United States, Canada, Chile, the Dominican Republic, Australia, Africa, Mexico, and internationally. Royal Gold, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.

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RGLD Stock News Headlines

December 6, 2022 | msn.com

Matthew Lau: Watch out for ESG assets that turn out not to be

December 2, 2022 | americanbankingnews.com

Royal Gold (NASDAQ:RGLD) Upgraded at StockNews.com

November 30, 2022 | finance.yahoo.com

Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, December 14

November 19, 2022 | finance.yahoo.com

Royal Gold (NASDAQ:RGLD) Is Increasing Its Dividend To $0.375

November 15, 2022 | finance.yahoo.com

Royal Gold Announces the 22nd Consecutive Annual Increase in the Common Stock Dividend to $1.50 Per Share for 2023, a 7% Increase over the 2022 Dividend

November 9, 2022 | finance.yahoo.com

Royal Gold Third Quarter 2022 Earnings: EPS: US$0.70 (vs US$1.07 in 3Q 2021)

November 4, 2022 | seekingalpha.com

Royal Gold, Inc. (RGLD) Q3 2022 Earnings Call Transcript

October 25, 2022 | msn.com

Here's How Much $100 Invested In Royal Gold 20 Years Ago Would Be Worth Today

October 21, 2022 | seekingalpha.com

RGLD Royal Gold, Inc.

October 19, 2022 | markets.businessinsider.com

Analysts Offer Insights on Materials Companies: Royal Gold (RGLD), DuPont de Nemours (DD) and Canfor (OtherCFPZF)

October 19, 2022 | finance.yahoo.com

Bear of the Day: Royal Gold (RGLD)

October 14, 2022 | finance.yahoo.com

Implied Volatility Surging for Royal Gold (RGLD) Stock Options

October 11, 2022 | finance.yahoo.com

Royal Gold Provides Update on its Q3 2022 Stream Segment Sales

October 10, 2022 | investing.com

Royal Gold PT Raised to $130 at BofA Securities

October 7, 2022 | nasdaq.com

Despite delivering investors losses of 21% over the past 3 years, Royal Gold (NASDAQ:RGLD) has been growing its earnings

October 6, 2022 | baystreet.ca

Five Top Ways to Trade the Recovery in Gold Prices

October 4, 2022 | nasdaq.com

Ex-Dividend Reminder: General Dynamics, Enerpac Tool Group and Royal Gold

October 2, 2022 | finance.yahoo.com

Positive week for Royal Gold, Inc. (NASDAQ:RGLD) institutional investors who lost 0.4% over the past year

September 29, 2022 | morningstar.com

Royal Gold Inc RGLD Stock Quote

September 20, 2022 | nasdaq.com

Best Mining Stocks: 7 Picks To Buy in 2022

September 15, 2022 | fool.com.au

Royal Gold, Inc. (NASDAQ: RGLD) Share Price and News

September 14, 2022 | nasdaq.com

Notable Wednesday Option Activity: RGLD, ACN, V

September 7, 2022 | nasdaq.com

With 81% ownership of the shares, Royal Gold, Inc. (NASDAQ:RGLD) is heavily dominated by institutional owners

September 7, 2022 | finance.yahoo.com

Royal Gold Presenting at the Gold Forum Americas 2022

September 6, 2022 | finance.yahoo.com

Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, September 14

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RGLD Company Calendar

Ex-Dividend for 10/21 Dividend: 10/06/2022
Dividend Payable: 10/21/2022
Last Earnings: 11/02/2022
Today: 12/06/2022
Fiscal Year End: 12/31/2022
Ex-Dividend for 1/20 Dividend: 1/05/2023
Dividend Payable: 1/20/2023
Next Earnings (Estimated): 2/15/2023

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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: 29
Year Founded: 1986

Price Target and Rating

Average Stock Price Forecast: $136.70
High Stock Price Forecast: $150.00
Low Stock Price Forecast: $108.00
Forecasted Upside/Downside: +23.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.63
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.82
Trailing P/E Ratio: 28.97
Forward P/E Ratio: 33.95
P/E Growth: 3.48
Net Income: $68.16 million
Net Margins: 41.19%
Pretax Margin: 46.97%
Return on Equity: 8.84%
Return on Assets: 8.00%

Debt

Debt-to-Equity Ratio: 0.16
Current Ratio: 2.82
Quick Ratio: 2.61

Sales & Book Value

Annual Sales: $615.86 million
Price / Sales: 11.80
Cash Flow: $5.00 per share
Price / Cash Flow: 22.13
Book Value: $39.63 per share
Price / Book: 2.79

Miscellaneous

Outstanding Shares: 65,644,000
Free Float: 65,395,000
Market Cap: $7.26 billion
Optionable: Optionable
Beta: 0.64

Social Links

Key Executives

Mr. William H. Heissenbuttel (Age 57)
Pres, CEO & Director
Comp: $1.27M

Mr. Paul K. Libner (Age 48)
CFO & Treasurer
Comp: $616.01k

Mr. Randy Shefman (Age 49)
VP & Gen. Counsel
Comp: $613.72k

Mr. Mark E. Isto (Age 62)
Exec. VP & COO of Royal Gold Corp.
Comp: $905.14k

Mr. Daniel K. Breeze (Age 49)
VP of Corp. Devel. - RGLD Gold AG
Comp: $693.38k

Dr. Martin Raffield P.Eng. (Age 53)
Ph.D., VP of Operations

Mr. Alistair Baker
VP of Investor Relations & Bus. Devel.

Ms. Laura B. Gill J.D.
VP, Corp. Sec. & Chief Compliance Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RGLD Stock - Frequently Asked Questions

Should I buy or sell Royal Gold stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Royal Gold in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RGLD shares.
View RGLD analyst ratings or view top-rated stocks.
What is Royal Gold's stock price forecast for 2023?: 8 brokerages have issued 1 year target prices for Royal Gold's shares. Their RGLD share price forecasts range from $108.00 to $150.00. On average, they anticipate the company's stock price to reach $136.70 in the next year. This suggests a possible upside of 22.5% 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 2022?: Royal Gold's stock was trading at $105.21 at the beginning of the year. Since then, RGLD shares have increased by 6.1% and is now trading at $111.60.
View the best growth stocks for 2022 here.
When is Royal Gold's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our RGLD earnings forecast.
How were Royal Gold's earnings last quarter?: Royal Gold, Inc. (NASDAQ:RGLD) posted its quarterly earnings results on Wednesday, November, 2nd. The basic materials company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.72 by $0.01. The basic materials company earned $131.43 million during the quarter. Royal Gold had a net margin of 41.19% and a trailing twelve-month return on equity of 8.84%.
How often does Royal Gold pay dividends? What is the dividend yield for Royal Gold?: Royal Gold declared a quarterly dividend on Tuesday, November 15th. Stockholders of record on Friday, January 6th will be paid a dividend of $0.375 per share on Friday, January 20th. This represents a $1.50 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Thursday, January 5th. This is a positive change from the stock's previous quarterly dividend of $0.35.
Read our dividend analysis for RGLD.

Is Royal Gold a good dividend stock?: Royal Gold (NASDAQ:RGLD) pays an annual dividend of $1.40 per share and currently has a dividend yield of 1.23%. The company has been increasing its dividend for 20 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 36.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGLD will have a dividend payout ratio of 37.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RGLD.
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).
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 shareholders include BlackRock Inc. (10.45%), Vanguard Group Inc. (10.01%), Van ECK Associates Corp (5.88%), State Street Corp (5.64%), Bank of New York Mellon Corp (1.28%) and Kopernik Global Investors LLC (1.12%). Insiders that own company stock include Paul Libner and Randy Shefman.
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.
What is Royal Gold's stock price today?: One share of RGLD stock can currently be purchased for approximately $111.60.
How much money does Royal Gold make?: Royal Gold (NASDAQ:RGLD) has a market capitalization of $7.33 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 $3.82 on an earnings per share basis.
How can I contact Royal Gold?: 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.

This page (NASDAQ:RGLD) was last updated on 12/6/2022 by MarketBeat.com Staff

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