Stifel Canada Increases Earnings Estimates for OR Royalties

OR Royalties Inc. (NYSE:OR) – Stifel Canada increased their FY2025 earnings per share estimates for OR Royalties in a research note issued on Monday, October 20th. Stifel Canada analyst I. Rico now expects that the basic materials company will post earnings of $0.82 per share for the year, up from their prior estimate of $0.78. The consensus estimate for OR Royalties’ current full-year earnings is $0.62 per share. Stifel Canada also issued estimates for OR Royalties’ FY2026 earnings at $1.14 EPS and FY2027 earnings at $1.18 EPS.

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

A number of other brokerages also recently weighed in on OR. Zacks Research upgraded OR Royalties from a “hold” rating to a “strong-buy” rating in a report on Monday, October 6th. Wall Street Zen upgraded OR Royalties from a “hold” rating to a “buy” rating in a report on Saturday, October 4th. Weiss Ratings restated a “hold (c+)” rating on shares of OR Royalties in a research note on Wednesday, October 8th. Jefferies Financial Group restated a “hold” rating and issued a $40.00 target price (up previously from $34.00) on shares of OR Royalties in a research note on Monday, October 6th. Finally, Canaccord Genuity Group downgraded OR Royalties from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, OR Royalties currently has a consensus rating of “Hold” and an average price target of $36.25.

OR Royalties Stock Performance

Shares of OR stock opened at $33.66 on Thursday. OR Royalties has a 1-year low of $17.55 and a 1-year high of $42.25. The company has a current ratio of 4.73, a quick ratio of 4.73 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $6.33 billion, a price-to-earnings ratio of 90.98 and a beta of 0.75. The stock’s fifty day simple moving average is $35.59 and its 200-day simple moving average is $29.04.

OR Royalties Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Tuesday, September 30th. OR Royalties’s dividend payout ratio is 59.46%.

Institutional Trading of OR Royalties

Large investors have recently made changes to their positions in the stock. Plato Investment Management Ltd bought a new stake in shares of OR Royalties during the 1st quarter worth about $56,000. Summit Securities Group LLC bought a new stake in shares of OR Royalties during the 1st quarter worth about $62,000. Hsbc Holdings PLC bought a new stake in shares of OR Royalties during the 1st quarter worth about $208,000. Merit Financial Group LLC bought a new stake in shares of OR Royalties during the 3rd quarter worth about $215,000. Finally, Smith Salley Wealth Management bought a new stake in shares of OR Royalties during the 3rd quarter worth about $228,000. Institutional investors own 68.52% of the company’s stock.

About OR 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.