
OR Royalties Inc. (NYSE:OR – Free Report) – Analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for OR Royalties in a report issued on Monday, November 2nd. Scotiabank analyst T. Jakusconek now anticipates that the basic materials company will post earnings of $1.33 per share for the year, up from their previous forecast of $1.26. Scotiabank has a “Sector Perform” rating and a $42.00 price target on the stock. The consensus estimate for OR Royalties’ current full-year earnings is $1.27 per share.
OR has been the subject of a number of other reports. Zacks Research upgraded OR Royalties from a “strong sell” rating to a “hold” rating in a report on Monday, September 14th. Royal Bank Of Canada upped their price target on OR Royalties from $45.00 to $47.00 and gave the company an “outperform” rating in a research report on Wednesday, September 16th. Finally, Weiss Ratings upgraded OR Royalties from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 29th. Four analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $41.00.
Check Out Our Latest Analysis on OR Royalties
OR Royalties Trading Up 7.3%
NYSE:OR opened at $34.52 on Thursday. The company has a market cap of $6.43 billion, a PE ratio of 23.01 and a beta of 0.76. The business’s 50 day moving average is $35.18 and its two-hundred day moving average is $36.59. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.14. OR Royalties has a 52 week low of $27.54 and a 52 week high of $48.06.
OR Royalties (NYSE:OR – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The basic materials company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.01. OR Royalties had a return on equity of 16.41% and a net margin of 78.04%. The firm had revenue of $97.82 million for the quarter, compared to analysts’ expectations of $97.93 million.
Hedge Funds Weigh In On OR Royalties
Several institutional investors have recently made changes to their positions in OR. Verbena Value LP raised its position in shares of OR Royalties by 85.3% during the 1st quarter. Verbena Value LP now owns 1,294,900 shares of the basic materials company’s stock worth $49,232,000 after purchasing an additional 596,000 shares during the period. Amundi lifted its holdings in shares of OR Royalties by 8.4% in the 1st quarter. Amundi now owns 1,151,071 shares of the basic materials company’s stock worth $43,764,000 after purchasing an additional 89,202 shares during the last quarter. Euro Pacific Asset Management LLC lifted its holdings in shares of OR Royalties by 2.4% in the 3rd quarter. Euro Pacific Asset Management LLC now owns 1,054,270 shares of the basic materials company’s stock worth $36,188,000 after purchasing an additional 25,127 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of OR Royalties by 37.4% in the 1st quarter. Bank of America Corp DE now owns 1,008,086 shares of the basic materials company’s stock worth $38,327,000 after purchasing an additional 274,486 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in OR Royalties by 86.2% during the 1st quarter. Renaissance Technologies LLC now owns 783,302 shares of the basic materials company’s stock valued at $29,781,000 after purchasing an additional 362,700 shares during the period. 68.52% of the stock is owned by institutional investors.
About OR Royalties
OR Royalties Inc (NYSE: OR) is a precious and base metals royalty and streaming company. Rather than operating mines directly, the company provides financing to mining companies in exchange for the right to receive a portion of future production or revenue from qualifying mining projects. Its portfolio includes royalties, streams, offtake agreements and other interests tied primarily to gold, silver, copper and other metals.
The company was established in 2014 following the creation of Osisko Gold Royalties from the assets of Osisko Mining Corporation.
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