National Bank Financial Analysts Cut Earnings Estimates for Osisko Gold Royalties Ltd (NYSE:OR)

Osisko Gold Royalties Ltd (NYSE:OR) – National Bank Financial cut their FY2025 EPS estimates for shares of Osisko Gold Royalties in a report released on Thursday, April 18th. National Bank Financial analyst S. Nagle now anticipates that the basic materials company will post earnings per share of $0.51 for the year, down from their previous forecast of $0.55. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.42 per share.

Separately, Jefferies Financial Group initiated coverage on Osisko Gold Royalties in a research note on Thursday, February 29th. They set a “hold” rating and a $15.00 price target on the stock.

Osisko Gold Royalties Trading Down 0.3 %

Shares of NYSE OR opened at $16.11 on Monday. Osisko Gold Royalties has a 1-year low of $11.24 and a 1-year high of $17.96. The company has a 50-day moving average of $15.49 and a two-hundred day moving average of $14.26. The company has a market cap of $2.99 billion, a PE ratio of -84.79 and a beta of 0.99. The company has a current ratio of 4.11, a quick ratio of 4.11 and a debt-to-equity ratio of 0.12.

Osisko Gold Royalties (NYSE:OR) last posted its quarterly earnings data on Tuesday, February 20th. The basic materials company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. Osisko Gold Royalties had a negative net margin of 19.34% and a positive return on equity of 6.78%. The company had revenue of $47.87 million during the quarter.

Institutional Investors Weigh In On Osisko Gold Royalties

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bornite Capital Management LP bought a new stake in shares of Osisko Gold Royalties in the first quarter worth $6,565,000. JPMorgan Chase & Co. lifted its position in Osisko Gold Royalties by 12.9% during the 1st quarter. JPMorgan Chase & Co. now owns 290,239 shares of the basic materials company’s stock worth $3,828,000 after buying an additional 33,210 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Osisko Gold Royalties during the 1st quarter worth about $6,595,000. Cibc World Market Inc. grew its holdings in shares of Osisko Gold Royalties by 61.2% in the 1st quarter. Cibc World Market Inc. now owns 414,585 shares of the basic materials company’s stock valued at $5,468,000 after acquiring an additional 157,353 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Osisko Gold Royalties by 51.6% in the first quarter. Dimensional Fund Advisors LP now owns 333,993 shares of the basic materials company’s stock valued at $4,405,000 after acquiring an additional 113,727 shares during the last quarter. 68.52% of the stock is currently owned by institutional investors and hedge funds.

Osisko Gold Royalties Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were given a $0.0444 dividend. The ex-dividend date was Wednesday, March 27th. This is a positive change from Osisko Gold Royalties’s previous quarterly dividend of $0.04. This represents a $0.18 annualized dividend and a dividend yield of 1.10%. Osisko Gold Royalties’s payout ratio is currently -94.74%.

About Osisko Gold Royalties

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company's primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.