Altius Renewable Royalties Corp. Forecasted to Post FY2025 Earnings of $0.29 Per Share (TSE:ARR)

Altius Renewable Royalties Corp. (TSE:ARR) – Equities research analysts at Raymond James issued their FY2025 earnings per share estimates for shares of Altius Renewable Royalties in a report released on Thursday, April 25th. Raymond James analyst D. Quezada forecasts that the company will earn $0.29 per share for the year. The consensus estimate for Altius Renewable Royalties’ current full-year earnings is $0.03 per share.

Several other equities research analysts have also commented on ARR. National Bankshares upped their price objective on Altius Renewable Royalties from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 9th. TD Securities increased their target price on Altius Renewable Royalties from C$11.50 to C$12.50 and gave the company a “buy” rating in a research report on Friday, March 1st. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Altius Renewable Royalties currently has an average rating of “Buy” and a consensus price target of C$11.90.

Altius Renewable Royalties Trading Up 0.5 %

Altius Renewable Royalties stock opened at C$9.50 on Monday. The company has a current ratio of 233.62, a quick ratio of 102.67 and a debt-to-equity ratio of 0.12. Altius Renewable Royalties has a 12 month low of C$6.60 and a 12 month high of C$9.75. The stock’s 50 day simple moving average is C$8.83 and its two-hundred day simple moving average is C$8.14. The firm has a market cap of C$292.51 million, a PE ratio of -190.00 and a beta of 0.96.

Altius Renewable Royalties (TSE:ARR) last released its quarterly earnings data on Wednesday, March 6th. The company reported C($0.01) EPS for the quarter. Altius Renewable Royalties had a negative return on equity of 0.54% and a negative net margin of 40.19%. The company had revenue of C$1.32 million during the quarter, compared to analysts’ expectations of C$0.62 million.

About Altius Renewable Royalties

Altius Renewable Royalties Corp., a renewable energy royalty company, engages in the acquisition and management of renewable energy investments and royalties in North America. The company holds interests in a portfolio of 2,068 MW of operational wind, solar, and hydroelectric projects located in Texas, Kansas, California, and Vermont.