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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
NASDAQ:RPRX

Royalty Pharma (RPRX) Stock Price, News & Analysis

$27.61
+0.15 (+0.55%)
(As of 04/17/2024 ET)
Today's Range
$27.43
$27.78
50-Day Range
$27.46
$31.33
52-Week Range
$25.92
$36.67
Volume
2.33 million shs
Average Volume
2.67 million shs
Market Capitalization
$16.50 billion
P/E Ratio
14.61
Dividend Yield
3.04%
Price Target
$46.75

Royalty Pharma MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
69.3% Upside
$46.75 Price Target
Short Interest
Healthy
3.27% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.25
Upright™ Environmental Score
News Sentiment
0.31mentions of Royalty Pharma in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.37%
From $3.95 to $4.32 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.

4.93 out of 5 stars

Finance Sector

36th out of 831 stocks

Pharmaceutical Preparations Industry

7th out of 406 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

Royalty Pharma declares $0.21 dividend
Royalty Pharma Declares Second Quarter 2024 Dividend
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
Royalty Pharma Declares Second Quarter 2024 Dividend
Relative Strength Alert For Royalty Pharma
Royalty Pharma (NASDAQ:RPRX) Price Target Cut to $38.00
AI “wealth window” is closing soon!
Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.
RPRX Dec 2024 17.500 call
RPRX Oct 2024 40.000 put
Goldman Sachs Reaffirms Their Buy Rating on Royalty Pharma (RPRX)
See More Headlines
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Company Calendar

Last Earnings
2/15/2024
Ex-Dividend for 3/15 Dividend
2/15/2024
Dividend Payable
3/15/2024
Today
4/17/2024
Next Earnings (Estimated)
5/14/2024
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
51
Year Founded
1996

Price Target and Rating

Average Stock Price Target
$46.75
High Stock Price Target
$57.00
Low Stock Price Target
$38.00
Potential Upside/Downside
+69.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$1.13 billion
Pretax Margin
72.20%

Debt

Sales & Book Value

Annual Sales
$2.36 billion
Cash Flow
$4.47 per share
Book Value
$16.88 per share

Miscellaneous

Free Float
485,595,000
Market Cap
$16.53 billion
Optionable
Optionable
Beta
0.45

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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 65)
    Executive VP of Investments & Chief Legal Officer
    Comp: $4.35M
  • Mr. Christopher Hite (Age 57)
    Vice Chairman & Executive VP
    Comp: $4.35M
  • Dr. Marshall Urist M.D.
    Ph.D., Executive VP and Head of Research & Investments
  • Mr. Arthur R. McGivern J.D.
    Executive Vice President of Investments & General Counsel
  • Mr. Ashwin Pai M.D.
    Executive Vice President of Investments
  • Ms. Kristin Stafford (Age 41)
    Senior VP & Chief Accounting Officer
  • Mr. Eric 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 stock has shown positive price performance, with a 52-week high of $36.74.
  • Royalty Pharma has a strong market cap of $17.44 billion, indicating stability and potential growth.
  • The company has a low price-to-earnings-growth ratio of 0.83, suggesting it may be undervalued compared to its growth prospects.
  • Royalty Pharma collaborates with various entities in the biopharmaceutical industry, diversifying its revenue streams and reducing risk.
  • Institutional investors own a significant portion (54.35%) of Royalty Pharma's stock, indicating confidence in the company's future.

Cons

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

  • The stock has a beta of 0.45, indicating lower volatility compared to the market, potentially limiting short-term gains.
  • Royalty Pharma's debt-to-equity ratio of 0.61 may raise concerns about its financial leverage and ability to manage debt.
  • The company's 50-day moving average price of $29.83 is slightly below the current stock price, suggesting a possible short-term downtrend.
  • Royalty Pharma's quick ratio of 7.90 may indicate challenges in quickly converting assets into cash if needed.
  • While Royalty Pharma has collaborations, the competitive nature of the biopharmaceutical industry could pose risks to its revenue and market position.
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 Wednesday, April 10, 2024. Please send any questions or comments about these Royalty Pharma pros and cons to contact@marketbeat.com.

RPRX Stock Analysis - Frequently Asked Questions

Should I buy or sell Royalty Pharma stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Royalty Pharma in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RPRX shares.
View RPRX analyst ratings
or view top-rated stocks.

What is Royalty Pharma's stock price target for 2024?

4 Wall Street analysts have issued 12 month price targets for Royalty Pharma's shares. Their RPRX share price targets range from $38.00 to $57.00. On average, they predict the company's stock price to reach $46.75 in the next twelve months. This suggests a possible upside of 69.3% from the stock's current price.
View analysts price targets for RPRX
or view top-rated stocks among Wall Street analysts.

How have RPRX shares performed in 2024?

Royalty Pharma's stock was trading at $28.09 at the beginning of 2024. Since then, RPRX shares have decreased by 1.7% and is now trading at $27.61.
View the best growth stocks for 2024 here
.

When is Royalty Pharma's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our RPRX earnings forecast
.

How were Royalty Pharma's earnings last quarter?

Royalty Pharma plc (NASDAQ:RPRX) issued its quarterly earnings data on Thursday, February, 15th. The biopharmaceutical company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.12. The biopharmaceutical company had revenue of $736 million for the quarter, compared to analysts' expectations of $702.90 million. Royalty Pharma had a net margin of 48.22% and a trailing twelve-month return on equity of 26.93%.

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

Royalty Pharma declared a quarterly dividend on Friday, January 19th. Shareholders of record on Friday, February 16th will be paid a dividend of $0.21 per share on Friday, March 15th. This represents a $0.84 annualized dividend and a yield of 3.04%. The ex-dividend date is Thursday, February 15th. This is a positive change from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for RPRX
.

Is Royalty Pharma a good dividend stock?

Royalty Pharma (NASDAQ:RPRX) pays an annual dividend of $0.84 per share and currently has a dividend yield of 2.97%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RPRX will have a dividend payout ratio of 19.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RPRX.

What other stocks do shareholders of Royalty Pharma own?

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

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 stock is owned by many different institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.12%), Overbrook Management Corp (0.04%), Alaska Permanent Fund Corp (0.01%), Financiere des Professionnels Fonds d investissement inc. (0.01%), Ballentine Partners LLC (0.00%) and First Hawaiian Bank (0.00%). Insiders that own company stock include 1978 Sicaf Sif SA - Gg St Gg, 1978 Sicaf Sif SA Gg, Avara Management Ltd, George W Lloyd, Henry A Fernandez, James F Reddoch, James F Reddoch, Mario Germano Giuliani, Marshall Urist, Pablo G Legorreta, Rory B Riggs, Sanjay Kumar Singh, Scientific Corp Boston and Terrance P Coyne.
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.

This page (NASDAQ:RPRX) was last updated on 4/17/2024 by MarketBeat.com Staff

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