Royal Gold, Inc. (NASDAQ:RGLD) Forecasted to Post FY2026 Earnings of $4.99 Per Share

Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) – Equities research analysts at National Bank Financial upped their FY2026 earnings estimates for Royal Gold in a report issued on Thursday, May 9th. National Bank Financial analyst S. Nagle now expects that the basic materials company will post earnings per share of $4.99 for the year, up from their previous estimate of $4.97. National Bank Financial currently has a “Outperform” rating on the stock. The consensus estimate for Royal Gold’s current full-year earnings is $4.36 per share.

A number of other equities research analysts have also issued reports on the company. Cantor Fitzgerald lowered Royal Gold from an “overweight” rating to a “neutral” rating in a research report on Thursday, February 15th. Jefferies Financial Group initiated coverage on shares of Royal Gold in a report on Thursday, February 29th. They set a “hold” rating and a $117.00 target price for the company. Finally, BMO Capital Markets reduced their price objective on shares of Royal Gold from $162.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $141.14.

Royal Gold Stock Performance

Shares of Royal Gold stock opened at $127.24 on Monday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.50 and a quick ratio of 2.35. The firm has a market cap of $8.36 billion, a price-to-earnings ratio of 37.53, a price-to-earnings-growth ratio of 7.28 and a beta of 0.88. The stock’s 50-day moving average is $118.68 and its 200-day moving average is $116.00. Royal Gold has a one year low of $100.55 and a one year high of $138.50.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last posted its earnings results on Wednesday, May 8th. The basic materials company reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.04). The firm had revenue of $148.90 million during the quarter, compared to analyst estimates of $147.02 million. Royal Gold had a return on equity of 7.96% and a net margin of 38.12%. The company’s revenue for the quarter was down 12.6% on a year-over-year basis. During the same quarter last year, the business posted $0.96 earnings per share.

Royal Gold Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Friday, April 5th were paid a $0.40 dividend. The ex-dividend date was Thursday, April 4th. This represents a $1.60 annualized dividend and a yield of 1.26%. Royal Gold’s dividend payout ratio (DPR) is currently 47.20%.

Insider Activity at Royal Gold

In other Royal Gold news, VP Randy Shefman sold 500 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $104.18, for a total value of $52,090.00. Following the sale, the vice president now owns 9,473 shares in the company, valued at $986,897.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.52% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Royal Gold

Several large investors have recently modified their holdings of the stock. Commerce Bank grew its stake in Royal Gold by 4.3% in the 4th quarter. Commerce Bank now owns 2,356 shares of the basic materials company’s stock valued at $285,000 after buying an additional 98 shares during the last quarter. Dana Investment Advisors Inc. increased its stake in shares of Royal Gold by 0.5% during the fourth quarter. Dana Investment Advisors Inc. now owns 23,255 shares of the basic materials company’s stock worth $2,813,000 after purchasing an additional 110 shares during the period. Birch Capital Management LLC lifted its holdings in Royal Gold by 16.5% during the 1st quarter. Birch Capital Management LLC now owns 799 shares of the basic materials company’s stock worth $97,000 after purchasing an additional 113 shares during the last quarter. Private Advisor Group LLC boosted its stake in Royal Gold by 3.1% in the 3rd quarter. Private Advisor Group LLC now owns 3,835 shares of the basic materials company’s stock valued at $408,000 after purchasing an additional 115 shares during the period. Finally, Quadrant Capital Group LLC grew its holdings in Royal Gold by 31.3% in the 4th quarter. Quadrant Capital Group LLC now owns 487 shares of the basic materials company’s stock valued at $59,000 after buying an additional 116 shares in the last quarter. 83.65% of the stock is owned by institutional investors.

About Royal Gold

Royal Gold, Inc, together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. The company engages in acquiring stream and royalty interests or to finance projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and other metals.