Royal Gold (NASDAQ:RGLD) Cut to “Hold” at Zacks Research

Zacks Research cut shares of Royal Gold (NASDAQ:RGLD) (TSE:RGL) from a strong-buy rating to a hold rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other equities research analysts have also recently issued reports on RGLD. Weiss Ratings reiterated a “buy (b)” rating on shares of Royal Gold in a report on Thursday, January 22nd. Raymond James Financial set a $264.00 price objective on Royal Gold in a research report on Thursday, November 6th. Wall Street Zen cut Royal Gold from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Scotiabank lowered Royal Gold from a “sector outperform” rating to a “sector perform” rating and set a $335.00 target price for the company. in a research note on Monday, January 26th. Finally, Canadian Imperial Bank of Commerce restated a “neutral” rating and set a $330.00 target price on shares of Royal Gold in a research report on Wednesday, February 4th. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $251.50.

Royal Gold Stock Down 2.2%

Shares of Royal Gold stock opened at $271.78 on Tuesday. Royal Gold has a 12-month low of $142.95 and a 12-month high of $306.25. The stock’s fifty day moving average is $255.32 and its 200-day moving average is $210.46. The company has a quick ratio of 2.68, a current ratio of 2.89 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $22.94 billion, a PE ratio of 39.91, a price-to-earnings-growth ratio of 0.83 and a beta of 0.49.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last posted its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $1.92 earnings per share for the quarter, missing the consensus estimate of $2.68 by ($0.76). Royal Gold had a return on equity of 15.37% and a net margin of 45.26%.The firm had revenue of $360.85 million for the quarter, compared to analysts’ expectations of $425.47 million. During the same quarter in the previous year, the firm posted $1.63 earnings per share. The company’s revenue for the quarter was up 85.2% on a year-over-year basis. Equities analysts anticipate that Royal Gold will post 6.2 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Elyxium Wealth LLC purchased a new stake in Royal Gold during the 4th quarter valued at $27,000. Gen Wealth Partners Inc bought a new stake in shares of Royal Gold during the 4th quarter valued at about $27,000. Vermillion & White Wealth Management Group LLC purchased a new stake in shares of Royal Gold during the 3rd quarter valued at about $29,000. Trust Co. of Toledo NA OH bought a new position in shares of Royal Gold in the 4th quarter worth approximately $30,000. Finally, V Square Quantitative Management LLC purchased a new position in shares of Royal Gold in the fourth quarter worth approximately $30,000. 83.65% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Royal Gold

Here are the key news stories impacting Royal Gold this week:

• Positive Sentiment: Company reported record revenue, record operating cash flow for Q4 2025 and record revenue, cash flow and earnings for full-year 2025 — reinforces the company’s longer-term growth and cash-generation story. Royal Gold Reports Record Revenue and Cash Flow (BusinessWire)
• Positive Sentiment: 2025 described as “transformational” by management; company highlights portfolio scale and duration improvements that can support longer-term royalty/stream revenue visibility. Royal Gold Posts Record 2025 Results (TipRanks)
• Positive Sentiment: Business metrics: EBITDA margin reported very high (around 82%) and 2025 sales exceeded $1B — points to strong profitability and cash conversion even as the company grows. Q4 Revenues Surge, EBITDA Margin Strong (Zacks)
• Neutral Sentiment: Management is presenting at the Raymond James institutional conference — useful for investor Q&A and incremental detail but not an immediate market-moving event by itself. Presentation at Raymond James Conference (Globe & Mail)
• Negative Sentiment: Reported Q4 EPS missed consensus materially (company reported $1.92 vs. $2.68 consensus) — an earnings shortfall that typically pressures the share price despite other strong metrics. Q4 EPS Miss and Financial Details (MarketBeat)
• Negative Sentiment: Some coverage flagged questions on earnings quality and the composition of results; coupled with a downgrade from Zacks (strong-buy to hold), these raise short-term investor caution. Questions on Earnings Quality (Yahoo Finance) Analyst Downgrade (Zacks)

About Royal Gold

Royal Gold, Inc, headquartered in Denver, Colorado, is a leading precious metals streaming and royalty company. Through its business model, Royal Gold provides upfront financing to mining operators in exchange for the right to purchase a percentage of future metal production at predetermined prices. This structure allows the company to participate in production upside while minimizing exposure to the operating and capital-intensive aspects of mine ownership.

The company’s portfolio encompasses interests in over 200 streams and royalties on projects across North America, South America, Europe, Africa and Australia.