National Bank Financial Brokers Reduce Earnings Estimates for Osisko Gold Royalties Ltd (NYSE:OR)

Osisko Gold Royalties Ltd (NYSE:ORFree Report) – Stock analysts at National Bank Financial dropped their FY2025 EPS estimates for Osisko Gold Royalties in a note issued to investors on Thursday, April 18th. National Bank Financial analyst S. Nagle now forecasts that the basic materials company will earn $0.51 per share for the year, down from their prior estimate of $0.55. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.42 per share.

Separately, Jefferies Financial Group raised their price objective on Osisko Gold Royalties from $15.00 to $19.00 and gave the stock a “hold” rating in a research note on Monday.

Read Our Latest Analysis on Osisko Gold Royalties

Osisko Gold Royalties Stock Down 4.2 %

Osisko Gold Royalties stock opened at $15.44 on Monday. Osisko Gold Royalties has a one year low of $11.24 and a one year high of $17.96. The stock has a fifty day moving average of $15.50 and a 200 day moving average of $14.28. The company has a debt-to-equity ratio of 0.12, a quick ratio of 4.11 and a current ratio of 4.11. The stock has a market cap of $2.87 billion, a PE ratio of -81.26 and a beta of 0.99.

Osisko Gold Royalties (NYSE:ORGet Free Report) last posted its quarterly earnings results on Tuesday, February 20th. The basic materials company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.01. The firm had revenue of $47.87 million during the quarter. Osisko Gold Royalties had a positive return on equity of 6.78% and a negative net margin of 19.34%.

Institutional Trading of Osisko Gold Royalties

A number of large investors have recently made changes to their positions in the business. Van ECK Associates Corp lifted its position in Osisko Gold Royalties by 1.0% in the fourth quarter. Van ECK Associates Corp now owns 20,266,313 shares of the basic materials company’s stock worth $289,402,000 after buying an additional 202,007 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Osisko Gold Royalties by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 6,736,197 shares of the basic materials company’s stock valued at $96,193,000 after acquiring an additional 41,380 shares during the period. Sprott Inc. lifted its holdings in shares of Osisko Gold Royalties by 10.4% in the 4th quarter. Sprott Inc. now owns 3,820,710 shares of the basic materials company’s stock worth $54,558,000 after acquiring an additional 361,372 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Osisko Gold Royalties by 0.3% during the 3rd quarter. Invesco Ltd. now owns 2,419,550 shares of the basic materials company’s stock worth $28,430,000 after purchasing an additional 6,979 shares during the period. Finally, TD Asset Management Inc grew its holdings in Osisko Gold Royalties by 38.6% during the 4th quarter. TD Asset Management Inc now owns 1,452,558 shares of the basic materials company’s stock valued at $20,831,000 after purchasing an additional 404,297 shares during the last quarter. 68.52% of the stock is currently owned by institutional investors.

Osisko Gold Royalties Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were given a $0.0444 dividend. This represents a $0.18 annualized dividend and a yield of 1.15%. The ex-dividend date of this dividend was Wednesday, March 27th. This is a boost from Osisko Gold Royalties’s previous quarterly dividend of $0.04. Osisko Gold Royalties’s payout ratio is currently -94.74%.

Osisko Gold Royalties Company Profile

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Osisko Gold Royalties (NYSE:OR)

Receive News & Ratings for Osisko Gold Royalties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Osisko Gold Royalties and related companies with MarketBeat.com's FREE daily email newsletter.