FY2026 EPS Estimates for CVE:ELE Lifted by Analyst

Elemental Altus Royalties Corp. (CVE:ELE) – Equities researchers at Raymond James Financial boosted their FY2026 earnings estimates for shares of Elemental Altus Royalties in a note issued to investors on Wednesday, August 20th. Raymond James Financial analyst B. Macarthur now expects that the company will post earnings per share of $0.12 for the year, up from their previous forecast of $0.10.

Separately, National Bank Financial raised shares of Elemental Altus Royalties from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, June 11th. One research analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy” and a consensus price target of C$2.25.

Elemental Altus Royalties Price Performance

Elemental Altus Royalties stock opened at C$2.04 on Monday. The company’s 50 day simple moving average is C$2.01 and its 200 day simple moving average is C$1.58. Elemental Altus Royalties has a fifty-two week low of C$1.00 and a fifty-two week high of C$2.20. The firm has a market capitalization of C$346.52 million and a price-to-earnings ratio of 252.07.

About Elemental Altus Royalties

Endesa, SA engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar. As of December 31, 2020, its distributed electricity to approximately 21 million populations covering a total area of approximately 195,488 square kilometers.