Raymond James Financial Predicts CVE:ELE Q3 Earnings

Elemental Altus Royalties Corp. (CVE:ELE) – Stock analysts at Raymond James Financial increased their Q3 2025 earnings estimates for Elemental Altus Royalties in a research note issued to investors on Wednesday, September 17th. Raymond James Financial analyst B. Macarthur now anticipates that the company will post earnings of $0.33 per share for the quarter, up from their prior estimate of $0.30. Raymond James Financial also issued estimates for Elemental Altus Royalties’ Q2 2026 earnings at $0.21 EPS, Q3 2026 earnings at $0.21 EPS and Q4 2026 earnings at $0.21 EPS.

Separately, National Bank Financial upgraded shares of Elemental Altus Royalties from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 11th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Strong Buy” and a consensus target price of C$2.25.

Elemental Altus Royalties Stock Performance

Shares of ELE opened at C$22.80 on Friday. Elemental Altus Royalties has a fifty-two week low of C$10.70 and a fifty-two week high of C$24.80. The stock has a fifty day moving average of C$3.70 and a two-hundred day moving average of C$2.25. The company has a market capitalization of C$562.52 million, a PE ratio of 76.00 and a beta of 0.01.

Elemental Altus Royalties Company Profile

Endesa, SA engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar. As of December 31, 2020, its distributed electricity to approximately 21 million populations covering a total area of approximately 195,488 square kilometers.