OR Royalties FY2025 EPS Lifted by National Bank Financial

OR Royalties Inc. (NYSE:OR) – Equities researchers at National Bank Financial raised their FY2025 EPS estimates for OR Royalties in a research note issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will post earnings of $0.79 per share for the year, up from their prior estimate of $0.76. The consensus estimate for OR Royalties’ current full-year earnings is $0.62 per share. National Bank Financial also issued estimates for OR Royalties’ FY2026 earnings at $1.12 EPS.

OR Royalties (NYSE:OR) last issued its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.04). The business had revenue of $60.36 million for the quarter, compared to analyst estimates of $83.25 million. OR Royalties had a return on equity of 8.56% and a net margin of 35.25%.

A number of other equities analysts have also commented on the stock. CIBC reiterated an “outperform” rating on shares of OR Royalties in a report on Tuesday, July 15th. National Bankshares reaffirmed an “outperform” rating on shares of OR Royalties in a research report on Tuesday, June 24th. Scotiabank upped their price target on shares of OR Royalties from $26.00 to $28.00 and gave the company a “sector outperform” rating in a research report on Monday, July 7th. Wall Street Zen cut shares of OR Royalties from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Finally, Raymond James Financial upped their price target on shares of OR Royalties from $34.00 to $36.00 and gave the company an “outperform” rating in a research report on Friday, September 12th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $27.25.

OR Royalties Price Performance

Shares of NYSE:OR opened at $38.43 on Friday. The firm has a market cap of $7.23 billion, a PE ratio of 103.87 and a beta of 0.72. The firm’s fifty day moving average is $32.03 and its 200-day moving average is $26.68. The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.73 and a current ratio of 4.73. OR Royalties has a 52 week low of $17.55 and a 52 week high of $38.49.

OR Royalties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.055 per share. The ex-dividend date is Tuesday, September 30th. This represents a $0.22 annualized dividend and a dividend yield of 0.6%. OR Royalties’s dividend payout ratio is currently 51.35%.

Hedge Funds Weigh In On OR Royalties

Several institutional investors have recently made changes to their positions in OR. Picton Mahoney Asset Management acquired a new stake in shares of OR Royalties in the 2nd quarter worth about $96,617,000. T. Rowe Price Investment Management Inc. raised its holdings in shares of OR Royalties by 116.2% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 4,790,732 shares of the basic materials company’s stock worth $101,181,000 after acquiring an additional 2,574,458 shares during the last quarter. Elliott Investment Management L.P. acquired a new stake in shares of OR Royalties in the 1st quarter worth about $46,045,000. Mackenzie Financial Corp raised its holdings in shares of OR Royalties by 52.2% in the 1st quarter. Mackenzie Financial Corp now owns 5,040,962 shares of the basic materials company’s stock worth $106,382,000 after acquiring an additional 1,728,760 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of OR Royalties by 43.7% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,419,246 shares of the basic materials company’s stock worth $139,006,000 after acquiring an additional 1,648,567 shares during the last quarter. Institutional investors and hedge funds own 68.52% of the company’s stock.

OR Royalties Company Profile

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.