Raymond James Brokers Lift Earnings Estimates for Royal Gold

Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) – Stock analysts at Raymond James lifted their Q2 2025 earnings per share estimates for shares of Royal Gold in a research note issued on Thursday, May 8th. Raymond James analyst B. Macarthur now forecasts that the basic materials company will earn $1.68 per share for the quarter, up from their prior estimate of $1.65. Raymond James has a “Outperform” rating and a $200.00 price target on the stock. The consensus estimate for Royal Gold’s current full-year earnings is $6.20 per share. Raymond James also issued estimates for Royal Gold’s Q3 2025 earnings at $2.01 EPS, Q4 2025 earnings at $2.14 EPS, FY2025 earnings at $7.34 EPS, Q1 2026 earnings at $1.85 EPS, Q2 2026 earnings at $1.90 EPS, Q3 2026 earnings at $1.95 EPS, Q4 2026 earnings at $2.02 EPS and FY2026 earnings at $7.72 EPS.

RGLD has been the subject of several other reports. Scotiabank upgraded shares of Royal Gold from a “sector perform” rating to a “sector outperform” rating and boosted their target price for the company from $166.00 to $189.00 in a research report on Monday, April 14th. CIBC upped their price objective on shares of Royal Gold from $202.00 to $215.00 and gave the stock a “neutral” rating in a research report on Thursday, May 8th. BMO Capital Markets assumed coverage on shares of Royal Gold in a research note on Wednesday, April 16th. They set a “market perform” rating and a $196.00 target price on the stock. Finally, Royal Bank of Canada cut their price objective on Royal Gold from $175.00 to $170.00 and set an “outperform” rating on the stock in a report on Friday, April 4th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $183.00.

Royal Gold Stock Down 0.9%

NASDAQ RGLD opened at $169.26 on Monday. Royal Gold has a 12-month low of $119.72 and a 12-month high of $191.78. The firm has a 50-day moving average price of $168.85 and a two-hundred day moving average price of $152.07. The company has a market capitalization of $11.14 billion, a P/E ratio of 33.58, a P/E/G ratio of 3.42 and a beta of 0.48.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last announced its earnings results on Wednesday, May 7th. The basic materials company reported $1.51 EPS for the quarter, topping the consensus estimate of $1.37 by $0.14. The business had revenue of $193.44 million during the quarter, compared to the consensus estimate of $176.17 million. Royal Gold had a net margin of 46.15% and a return on equity of 11.46%. Royal Gold’s revenue was up 29.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.91 EPS.

Institutional Investors Weigh In On Royal Gold

A number of hedge funds have recently modified their holdings of the stock. Exchange Traded Concepts LLC bought a new stake in Royal Gold during the 4th quarter valued at $25,000. Alpine Bank Wealth Management purchased a new position in shares of Royal Gold during the 1st quarter valued at $32,000. Banque Cantonale Vaudoise bought a new position in shares of Royal Gold in the first quarter worth $34,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Royal Gold in the first quarter worth $40,000. Finally, Bayforest Capital Ltd grew its position in Royal Gold by 256.5% during the first quarter. Bayforest Capital Ltd now owns 246 shares of the basic materials company’s stock worth $40,000 after buying an additional 177 shares in the last quarter. Institutional investors own 83.65% of the company’s stock.

Insider Activity at Royal Gold

In other Royal Gold news, SVP Randy Shefman sold 1,300 shares of the stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $154.98, for a total value of $201,474.00. Following the completion of the sale, the senior vice president now owns 9,360 shares in the company, valued at approximately $1,450,612.80. This trade represents a 12.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.49% of the stock is currently owned by insiders.

Royal Gold Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Friday, April 4th were issued a $0.45 dividend. The ex-dividend date was Friday, April 4th. This represents a $1.80 annualized dividend and a yield of 1.06%. Royal Gold’s payout ratio is currently 29.80%.

Royal Gold Company Profile

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.