Royal Gold - RGLD Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Royal Gold in the last year. There are currently 4 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.

9 Wall Street analysts have issued 1-year target prices for Royal Gold's shares. Their RGLD share price forecasts range from $119.00 to $150.00. On average, they expect the company's share price to reach $140.00 in the next twelve months. This suggests a possible upside of 11.9% 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 $112.72 at the beginning of 2023. Since then, RGLD shares have increased by 11.0% and is now trading at $125.13.
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Royal Gold saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 2,970,000 shares, an increase of 20.2% from the December 31st total of 2,470,000 shares. Based on an average trading volume of 456,900 shares, the days-to-cover ratio is presently 6.5 days. Approximately 4.5% of the shares of the stock are sold short.
View Royal Gold's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our RGLD earnings forecast.

Royal Gold, Inc. (NASDAQ:RGLD) released its quarterly earnings results on Wednesday, November, 3rd. The basic materials company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate 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 trailing twelve-month return on equity of 8.84% and a net margin of 41.19%. During the same quarter in the prior year, the company earned $0.82 EPS.

Royal Gold announced a quarterly dividend on Tuesday, November 15th. Investors 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 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, January 5th. This is an increase from the stock's previous quarterly dividend of $0.35.
Read our dividend analysis for RGLD.

Royal Gold (NASDAQ:RGLD) pays an annual dividend of $1.50 per share and currently has a dividend yield of 1.15%. 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 39.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGLD will have a dividend payout ratio of 41.32% 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 ProShare Advisors LLC (0.54%), America First Investment Advisors LLC (0.24%), Allspring Global Investments Holdings LLC (0.19%), National Bank of Canada FI (0.17%), New York State Common Retirement Fund (0.12%) and River Road Asset Management LLC (0.08%). Insiders that own company stock include Paul Libner and Randy Shefman.
View institutional ownership trends.

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 $125.13.

Royal Gold (NASDAQ:RGLD) has a market capitalization of $8.21 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.

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.