Royal Gold FY2026 EPS Lifted by Raymond James Financial

Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) – Research analysts at Raymond James Financial lifted their FY2026 earnings per share (EPS) estimates for Royal Gold in a report released on Wednesday, November 19th. Raymond James Financial analyst B. Macarthur now forecasts that the basic materials company will earn $8.49 per share for the year, up from their previous estimate of $8.48. The consensus estimate for Royal Gold’s current full-year earnings is $6.20 per share.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last posted its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $2.06 earnings per share for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.24). Royal Gold had a net margin of 56.24% and a return on equity of 13.30%. The company had revenue of $250.23 million during the quarter, compared to the consensus estimate of $275.11 million. During the same quarter in the prior year, the business earned $1.47 earnings per share. The firm’s revenue for the quarter was up 30.1% compared to the same quarter last year.

Other research analysts also recently issued research reports about the stock. BMO Capital Markets set a $240.00 price objective on shares of Royal Gold and gave the company an “outperform” rating in a research report on Tuesday, October 21st. TD Cowen boosted their target price on Royal Gold from $261.00 to $263.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Bank of America raised their price target on Royal Gold from $193.00 to $203.00 and gave the company an “underperform” rating in a report on Thursday, October 16th. CIBC lifted their price objective on shares of Royal Gold from $225.00 to $250.00 and gave the stock a “neutral” rating in a research report on Friday, October 10th. Finally, Zacks Research raised shares of Royal Gold from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $225.40.

Royal Gold Trading Up 0.4%

Shares of RGLD opened at $184.60 on Monday. The company’s fifty day simple moving average is $189.13 and its 200 day simple moving average is $178.39. Royal Gold has a 1-year low of $130.67 and a 1-year high of $209.42. The company has a market cap of $15.58 billion, a price-to-earnings ratio of 27.07, a PEG ratio of 0.96 and a beta of 0.39.

Royal Gold Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Friday, January 2nd will be given a $0.475 dividend. The ex-dividend date of this dividend is Friday, January 2nd. This is a boost from Royal Gold’s previous quarterly dividend of $0.45. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.0%. Royal Gold’s dividend payout ratio (DPR) is presently 26.10%.

Hedge Funds Weigh In On Royal Gold

Hedge funds have recently bought and sold shares of the business. WPG Advisers LLC bought a new stake in Royal Gold in the 1st quarter valued at about $27,000. Cullen Frost Bankers Inc. boosted its stake in shares of Royal Gold by 548.1% in the second quarter. Cullen Frost Bankers Inc. now owns 175 shares of the basic materials company’s stock valued at $31,000 after buying an additional 148 shares during the period. Banque Cantonale Vaudoise acquired a new stake in Royal Gold during the first quarter worth approximately $34,000. Sunbelt Securities Inc. increased its stake in Royal Gold by 8,400.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 170 shares of the basic materials company’s stock worth $34,000 after acquiring an additional 168 shares during the period. Finally, Blue Trust Inc. raised its holdings in Royal Gold by 56.8% in the 2nd quarter. Blue Trust Inc. now owns 196 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 71 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.