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Royalty Pharma (RPRX) Stock Price, News & Analysis

$28.79
+0.11 (+0.38%)
(As of 07/26/2024 ET)
Today's Range
$28.69
$29.07
50-Day Range
$25.63
$28.79
52-Week Range
$25.20
$31.66
Volume
2.48 million shs
Average Volume
2.30 million shs
Market Capitalization
$17.20 billion
P/E Ratio
21.49
Dividend Yield
2.92%
Price Target
$41.80

Royalty Pharma MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
45.2% Upside
$41.80 Price Target
Short Interest
Healthy
4.29% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.25
Upright™ Environmental Score
News Sentiment
0.99mentions of Royalty Pharma in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.73%
From $4.01 to $4.36 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.90 out of 5 stars

Finance Sector

22nd out of 898 stocks

Pharmaceutical Preparations Industry

7th out of 436 stocks

RPRX stock logo

About Royalty Pharma Stock (NASDAQ:RPRX)

Royalty Pharma plc operates as a buyer of biopharmaceutical royalties and a funder of innovations in the biopharmaceutical industry in the United States. It is also involved in the identification, evaluation, and acquisition of royalties on various biopharmaceutical therapies. In addition, the company collaborates with innovators from academic institutions, research hospitals and not-for-profits, small and mid-cap biotechnology companies, and pharmaceutical companies. Its portfolio consists of royalties on approximately 35 commercial products and 14 development-stage product candidates that address various therapeutic areas, such as rare disease, cancer, neuroscience, immunology, respiratory, infectious disease, hematology, and diabetes. The company was founded in 1996 and is based in New York, New York.

RPRX Stock Price History

RPRX Stock News Headlines

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Royalty Pharma Declares Third Quarter 2024 Dividend
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Company Calendar

Last Earnings
5/09/2024
Ex-Dividend for 6/14 Dividend
5/16/2024
Dividend Payable
6/14/2024
Today
7/27/2024
Next Earnings (Confirmed)
8/08/2024
Ex-Dividend for 9/13 Dividend
8/16/2024
Dividend Payable
9/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceuticals
Current Symbol
NASDAQ:RPRX
CUSIP
76028H20
Fax
N/A
Employees
80
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$41.80
High Stock Price Target
$51.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+45.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$1.13 billion
Pretax Margin
53.03%

Debt

Sales & Book Value

Annual Sales
$2.36 billion
Cash Flow
$4.58 per share
Book Value
$16.88 per share

Miscellaneous

Free Float
484,521,000
Market Cap
$17.20 billion
Optionable
Optionable
Beta
0.46

Social Links

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Key Executives

  • Mr. Pablo Gerardo Legorreta (Age 59)
    Founder, Chairman of the Board & CEO
  • Mr. Terrance P. Coyne
    Executive VP & CFO
  • Mr. George Wingate Lloyd (Age 64)
    Executive VP of Investments & Chief Legal Officer
    Comp: $4.56M
  • Mr. Christopher Hite (Age 56)
    Vice Chairman & Executive VP
    Comp: $4.56M
  • Dr. Marshall Jonathan Urist M.D. (Age 48)
    Ph.D., Executive Vice President of Research & Investments
    Comp: $4.56M
  • Mr. Arthur Richard McGivern J.D.
    Executive Vice President of Investments & General Counsel
  • Mr. Ashwin Pai M.D.
    Executive Vice President of Investments
  • Ms. Kristin Stafford (Age 42)
    Senior VP & Chief Accounting Officer
  • Mr. Eric Cornelius Schneider
    Senior VP & Chief Technology Officer
  • Dr. James Folmar Reddoch Ph.D. (Age 54)
    Executive VP of Investments & Chief Scientific Officer
    Comp: $3.4M

Should I Buy Royalty Pharma Stock? RPRX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Royalty Pharma plc:

  • Royalty Pharma plc has a strong track record of consistent dividend payments, providing investors with a reliable income stream.
  • The company has a solid net margin of 35.70%, indicating efficient management of costs and profitability.
  • Analysts have set an average target price of $43.00 for Royalty Pharma plc, suggesting potential for stock price appreciation.
  • Royalty Pharma plc operates in the biopharmaceutical industry, which is known for its potential for high growth and innovation.
  • With a payout ratio of 62.69%, Royalty Pharma plc has room for dividend growth while maintaining financial stability.

Cons

Investors should be bearish about investing in Royalty Pharma plc for these reasons:

  • Recent analyst downgrades and lowered price targets may indicate concerns about the company's future performance.
  • The stock price of Royalty Pharma plc has been trading lower, indicating potential market sentiment shifts or company-specific challenges.
  • UBS Group recently downgraded Royalty Pharma from a "buy" to a "neutral" rating, signaling a shift in analyst sentiment.
  • Market conditions in the biopharmaceutical industry can be volatile, impacting the company's revenue and profitability.
  • Royalty Pharma plc's price-to-earnings-growth ratio of 3.51 may suggest that the stock is currently overvalued relative to its growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, July 6, 2024. Please send any questions or comments about these Royalty Pharma pros and cons to contact@marketbeat.com.

RPRX Stock Analysis - Frequently Asked Questions

How have RPRX shares performed this year?

Royalty Pharma's stock was trading at $28.09 at the start of the year. Since then, RPRX shares have increased by 2.5% and is now trading at $28.79.
View the best growth stocks for 2024 here
.

How were Royalty Pharma's earnings last quarter?

Royalty Pharma plc (NASDAQ:RPRX) issued its quarterly earnings results on Thursday, May, 9th. The biopharmaceutical company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.02. The biopharmaceutical company had revenue of $568 million for the quarter, compared to the consensus estimate of $671.45 million. Royalty Pharma had a net margin of 35.70% and a trailing twelve-month return on equity of 22.94%.

When did Royalty Pharma IPO?

Royalty Pharma (RPRX) raised $1.9 billion in an initial public offering on Tuesday, June 16th 2020. The company issued 70,000,000 shares at $25.00-$28.00 per share. J.P. Morgan, Morgan Stanley, BofA Securities, Goldman Sachs, Citigroup and UBS Investment Bank served as the underwriters for the IPO and Evercore ISI, Cowen and SunTrust Robinson Humphrey were co-managers.

Who are Royalty Pharma's major shareholders?

Royalty Pharma's top institutional investors include Baillie Gifford & Co. (2.74%), Swedbank AB (1.81%), Bank of New York Mellon Corp (0.26%) and Sumitomo Mitsui Trust Holdings Inc. (0.17%). Insiders that own company stock include 1978 Sicaf Sif SA Gg, 1978 Sicaf Sif SA - Gg St Gg, Mario Germano Giuliani, Avara Management Ltd, Terrance P Coyne, James F Reddoch, Pablo G Legorreta, George W Lloyd, Marshall Urist, Rory B Riggs and Henry A Fernandez.
View institutional ownership trends
.

How do I buy shares of Royalty Pharma?

Shares of RPRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Royalty Pharma own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Royalty Pharma investors own include Twitter (TWTR), Bausch Health Companies (BHC), NVIDIA (NVDA), (RLYP) (RLYP), Aeterna Zentaris (AEZS), Advanced Micro Devices (AMD) and Netflix (NFLX).

This page (NASDAQ:RPRX) was last updated on 7/27/2024 by MarketBeat.com Staff

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