NYSE:DRD

DRDGOLD Stock Forecast, Price & News

$10.90

+0.08 (+0.74 %)

(As of 01/21/2021 02:27 PM ET)

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Today's Range

$10.58

Now: $10.90▼

$10.90

50-Day Range

$9.87

MA: $11.19▼

$12.91

52-Week Range

$3.06

Now: $10.90▼

$18.05

Volume4,605 shs

Average Volume341,718 shs

Market Capitalization$748.72 million

P/E Ratio20.96

Dividend Yield3.04%

Beta0.9

DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. The company is involved in the exploration, extraction, processing, and smelting activities. It recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. The company was founded in 1895 and is headquartered in Johannesburg, South Africa.

MarketRank^™

Overall MarketRank^™

1.70 out of 5 stars

Basic Materials Sector

82nd out of 813 stocks

Gold & Silver Ores Industry

20th out of 77 stocks

3.5 Analyst's Opinion

Consensus Rating
DRDGOLD has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.50, DRDGOLD has a forecasted upside of 82.1% from its current price of $10.71.
Amount of Analyst Coverage
DRDGOLD has only been the subject of 1 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
DRDGOLD has received 150 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
DRDGOLD has received 200 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
DRDGOLD has received 57.14% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about DRDGOLD and other stocks. Vote “Outperform” if you believe DRD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DRD will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
DRDGOLD pays a meaningful dividend of 3.04%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
DRDGOLD does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of DRDGOLD is 61.54%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, DRDGOLD insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of DRDGOLD is held by insiders.
Percentage Held by Institutions
Only 15.96% of the stock of DRDGOLD is held by institutions.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of DRDGOLD is 20.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of DRDGOLD is 20.60, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 24.37.
Price to Book Value per Share Ratio
DRDGOLD has a P/B Ratio of 2.83. 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

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Gold & silver ores

Sub-IndustryN/A

SectorBasic Materials

Current SymbolNYSE:DRD

Previous SymbolNASDAQ:DROOY

CUSIPN/A

CIK1023512

Webwww.drdgold.com

Phone(711) 470-2600

Employees2,573

Debt

Debt-to-Equity Ratio0.01

Current Ratio2.94

Quick Ratio2.50

Price-To-Earnings

Trailing P/E Ratio20.96

Forward P/E Ratio23.19

P/E GrowthN/A

Sales & Book Value

Annual Sales$269.51 million

Price / Sales2.78

Cash Flow$0.85 per share

Price / Cash Flow12.82

Book Value$3.79 per share

Price / Book2.88

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares68,690,000

Market Cap$748.72 million

Next Earnings DateN/A

OptionableOptionable

$10.90

+0.08 (+0.74 %)

(As of 01/21/2021 02:27 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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DRDGOLD (NYSE:DRD) Frequently Asked Questions

How has DRDGOLD's stock price been impacted by Coronavirus?

DRDGOLD's stock was trading at $6.02 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, DRD stock has increased by 79.2% and is now trading at $10.79.
View which stocks have been most impacted by COVID-19.

Is DRDGOLD a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DRDGOLD in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DRDGOLD stock.
View analyst ratings for DRDGOLD or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than DRDGOLD?

Wall Street analysts have given DRDGOLD a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but DRDGOLD wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Greg D. Wight's approval rating as DRDGOLD's CEO?

6 employees have rated DRDGOLD CEO Greg D. Wight on Glassdoor.com. Greg D. Wight has an approval rating of 100% among DRDGOLD's employees. This puts Greg D. Wight in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

How often does DRDGOLD pay dividends? What is the dividend yield for DRDGOLD?

DRDGOLD announced a quarterly dividend on Wednesday, September 9th. Investors of record on Friday, September 25th will be paid a dividend of $0.2072 per share on Thursday, October 8th. This represents a $0.83 annualized dividend and a yield of 7.68%. The ex-dividend date is Thursday, September 24th. This is a boost from DRDGOLD's previous quarterly dividend of $0.04.
View DRDGOLD's dividend history.

Is DRDGOLD a good dividend stock?

DRDGOLD pays an annual dividend of $0.32 per share and currently has a dividend yield of 3.04%. The dividend payout ratio of DRDGOLD is 61.54%. This payout ratio is at a healthy, sustainable level, below 75%.
View DRDGOLD's dividend history.

What price target have analysts set for DRD?

1 equities research analysts have issued 1-year price targets for DRDGOLD's stock. Their forecasts range from $19.50 to $19.50. On average, they anticipate DRDGOLD's share price to reach $19.50 in the next year. This suggests a possible upside of 80.7% from the stock's current price.
View analysts' price targets for DRDGOLD or view Wall Street analyst' top-rated stocks.

Who are some of DRDGOLD's key competitors?

Some companies that are related to DRDGOLD include Harmony Gold Mining (HMY), Coeur Mining (CDE), Eldorado Gold (EGO), Osisko Gold Royalties (OR), MAG Silver (MAG), IAMGOLD (IAG), Seabridge Gold (SA), Fortuna Silver Mines (FSM), Sandstorm Gold (SAND), SilverCrest Metals (SILV), Silvercorp Metals (SVM), Maverix Metals (MMX), Endeavour Silver (EXK), Maverix Metals (MMX) and Metalla Royalty & Streaming (MTA).
View all of DRD's competitors.

What other stocks do shareholders of DRDGOLD own?

Based on aggregate information from My MarketBeat watchlists, some companies that other DRDGOLD investors own include Harmony Gold Mining (HMY), Alamos Gold (AGI), Kinross Gold (KGC), SSR Mining (SSRM), B2Gold (BTG), Advanced Micro Devices (AMD), Gold Fields (GFI), Pan American Silver (PAAS), AngloGold Ashanti (AU) and Yamana Gold (AUY).

Who are DRDGOLD's key executives?

DRDGOLD's management team includes the following people:

Mr. Daniel Johannes Pretorius B.Proc., LLB, CEO & Exec. Director (Age 54)
Mr. Adriaan Jacobus Davel CA (SA), BCom (Hons), M.Com., CFO & Exec. Director (Age 45)
Mr. Wilhelm Jacobus Schoeman BTech Ana, Operations Director of Ergo Mining Operations Proprietary Limited (Age 47)
Ms. Elise Beukes, Company Sec. (Age 44)
Francois Bouwer, Group Financial Accountant
Mr. Kevin Peter Kruger, Managing Director of Far West Gold Recoveries Proprietary Limited (Age 53)
Mr. Henry Gouws MDP, Managing Director of Ergo Mining Operations Proprietary Limited (Age 52)
Mr. Mark Burrell, Financial Director of Ergo Mining Operations Proprietary Limited (Age 59)
Ms. Henriette Hooijer, Financial Director of Far West Gold Recoveries Proprietary Limited (Age 41)

What is DRDGOLD's stock symbol?

DRDGOLD trades on the New York Stock Exchange (NYSE) under the ticker symbol "DRD."

Who are DRDGOLD's major shareholders?

DRDGOLD's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include FNY Investment Advisers LLC (0.01%).

Which major investors are buying DRDGOLD stock?

DRD stock was purchased by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC.

How do I buy shares of DRDGOLD?

Shares of DRD 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.

What is DRDGOLD's stock price today?

One share of DRD stock can currently be purchased for approximately $10.79.

How big of a company is DRDGOLD?

DRDGOLD has a market capitalization of $741.17 million and generates $269.51 million in revenue each year. The basic materials company earns $40.89 million in net income (profit) each year or $0.52 on an earnings per share basis. DRDGOLD employs 2,573 workers across the globe.

What is DRDGOLD's official website?

The official website for DRDGOLD is www.drdgold.com.

How can I contact DRDGOLD?

DRDGOLD's mailing address is 1 Sixty Jan Smuts Building 2nd Floor - North Tower 160 Jan Smuts Avenue, Rosebank T3, 2193. The basic materials company can be reached via phone at (711) 470-2600 or via email at [email protected]

This page was last updated on 1/21/2021 by MarketBeat.com Staff

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