
OR Royalties Inc. (NYSE:OR – Free Report) – Stock analysts at Scotiabank lifted their FY2026 EPS estimates for shares of OR Royalties in a research note issued to investors on Tuesday, October 28th. Scotiabank analyst T. Jakusconek now forecasts that the basic materials company will post earnings of $1.05 per share for the year, up from their previous forecast of $0.82. Scotiabank has a “Sector Perform” rating and a $41.00 price objective on the stock. The consensus estimate for OR Royalties’ current full-year earnings is $0.62 per share.
Several other analysts have also recently weighed in on the stock. CIBC reissued an “outperform” rating on shares of OR Royalties in a research note on Tuesday, July 15th. Wall Street Zen raised shares of OR Royalties from a “hold” rating to a “buy” rating in a research note on Saturday, October 4th. Zacks Research raised shares of OR Royalties from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 6th. Jefferies Financial Group reissued a “hold” rating and issued a $40.00 price target (up previously from $34.00) on shares of OR Royalties in a research note on Monday, October 6th. Finally, Raymond James Financial reissued a “market perform” rating and issued a $41.00 price target (up previously from $36.00) on shares of OR Royalties in a research note on Friday, October 10th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, OR Royalties currently has a consensus rating of “Moderate Buy” and an average price target of $36.25.
OR Royalties Price Performance
OR Royalties stock opened at $32.03 on Friday. 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 50-day moving average price of $35.80 and a 200 day moving average price of $29.61. OR Royalties has a 12-month low of $17.55 and a 12-month high of $42.25. The stock has a market cap of $6.03 billion, a P/E ratio of 86.56 and a beta of 0.75.
OR Royalties (NYSE:OR – Get Free Report) last announced its earnings results on Tuesday, August 5th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.04). OR Royalties had a return on equity of 8.56% and a net margin of 35.25%.The business had revenue of $60.36 million for the quarter, compared to analyst estimates of $83.25 million.
OR Royalties Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a $0.055 dividend. This represents a $0.22 annualized dividend and a yield of 0.7%. The ex-dividend date was Tuesday, September 30th. OR Royalties’s payout ratio is 59.46%.
Institutional Trading of OR Royalties
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Personalized Indexing Management LLC raised its holdings in OR Royalties by 9.6% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 16,471 shares of the basic materials company’s stock valued at $660,000 after buying an additional 1,446 shares during the period. Olympiad Research LP purchased a new stake in OR Royalties in the 3rd quarter valued at about $306,000. Massachusetts Financial Services Co. MA purchased a new stake in OR Royalties in the 3rd quarter valued at about $41,210,000. Eagle Global Advisors LLC purchased a new stake in OR Royalties in the 3rd quarter valued at about $206,000. Finally, Manning & Napier Advisors LLC purchased a new stake in OR Royalties in the 3rd quarter valued at about $14,998,000. 68.52% of the stock is currently owned by hedge funds and other institutional investors.
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.
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