FY2026 EPS Estimate for Elemental Royalty Lowered by Analyst

Elemental Royalty Corp (NASDAQ:ELE) – Research analysts at HC Wainwright decreased their FY2026 EPS estimates for Elemental Royalty in a research report issued on Wednesday, August 12th. HC Wainwright analyst H. Ihle now expects that the company will earn $0.24 per share for the year, down from their previous estimate of $0.35. HC Wainwright has a “Buy” rating and a $33.00 price objective on the stock. The consensus estimate for Elemental Royalty’s current full-year earnings is $0.37 per share.

Elemental Royalty (NASDAQ:ELE) last posted its quarterly earnings data on Tuesday, August 11th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.07). Elemental Royalty had a return on equity of 0.57% and a net margin of 4.01%.The firm had revenue of $23.79 million for the quarter.

Separately, Weiss Ratings cut Elemental Royalty from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, June 2nd. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $33.00.

Elemental Royalty Stock Up 5.6%

Shares of ELE opened at $20.48 on Thursday. The firm has a market cap of $1.32 billion and a P/E ratio of 1,024.00. Elemental Royalty has a one year low of $12.58 and a one year high of $26.96. The stock has a 50 day simple moving average of $16.23.

Hedge Funds Weigh In On Elemental Royalty

Large investors have recently modified their holdings of the stock. Bartlett & CO. Wealth Management LLC bought a new position in Elemental Royalty in the 1st quarter valued at $32,000. Kestra Advisory Services LLC increased its stake in shares of Elemental Royalty by 53.7% in the 1st quarter. Kestra Advisory Services LLC now owns 12,025 shares of the company’s stock valued at $227,000 after buying an additional 4,202 shares during the period. Investment Counsel Co. of Nevada bought a new stake in shares of Elemental Royalty during the fourth quarter worth $90,000. Caitlin John LLC bought a new stake in shares of Elemental Royalty during the fourth quarter worth $97,000. Finally, Papamarkou Wellner Asset Management inc. acquired a new position in shares of Elemental Royalty during the fourth quarter valued at $182,000.

Elemental Royalty Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $0.03 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.6%. Elemental Royalty’s payout ratio is currently 600.00%.

About Elemental Royalty

Elemental Royalties (NASDAQ: ELE) is a publicly traded company that acquires and manages royalty and streaming interests in the mining sector. The firm focuses on securing long‑lived, low‑cost interests that provide ongoing, contractually defined payments or metal deliveries from producing and near‑term development mineral projects. By targeting royalties and streams rather than operating mines, the company seeks exposure to commodity price upside while avoiding the capital intensity and operating risks of miners.

Elemental Royalties’ activities include sourcing and negotiating royalty and stream transactions, performing technical and commercial due diligence on potential assets, and actively managing a diversified portfolio of interests.