FY2026 EPS Estimates for OR Royalties Cut by Scotiabank

OR Royalties Inc. (NYSE:OR) – Research analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for OR Royalties in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now anticipates that the basic materials company will earn $1.24 per share for the year, down from their prior forecast of $1.26. Scotiabank currently has a “Sector Perform” rating and a $42.00 price objective on the stock. The consensus estimate for OR Royalties’ current full-year earnings is $1.34 per share.

Several other equities research analysts have also recently issued reports on OR. Wall Street Zen cut shares of OR Royalties from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Jefferies Financial Group reduced their target price on shares of OR Royalties from $40.00 to $34.00 and set a “hold” rating for the company in a research report on Monday, July 6th. Royal Bank Of Canada decreased their price target on shares of OR Royalties from $50.00 to $45.00 and set an “outperform” rating on the stock in a research note on Thursday, July 9th. Weiss Ratings downgraded shares of OR Royalties from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. Finally, Zacks Research lowered shares of OR Royalties from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, OR Royalties currently has a consensus rating of “Moderate Buy” and a consensus target price of $40.50.

OR Royalties Stock Performance

Shares of OR opened at $28.08 on Monday. The stock has a 50 day moving average price of $33.48 and a 200 day moving average price of $38.03. OR Royalties has a one year low of $27.40 and a one year high of $48.06. The stock has a market capitalization of $5.26 billion, a price-to-earnings ratio of 20.96 and a beta of 0.74.

OR Royalties (NYSE:OR) last released its earnings results on Wednesday, May 6th. The basic materials company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.06. The business had revenue of $102.83 million for the quarter, compared to the consensus estimate of $103.27 million. OR Royalties had a return on equity of 15.10% and a net margin of 78.09%.

Institutional Trading of OR Royalties

Several large investors have recently added to or reduced their stakes in OR. Vanguard Group Inc. boosted its position in shares of OR Royalties by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 7,847,015 shares of the basic materials company’s stock valued at $277,965,000 after acquiring an additional 167,970 shares during the last quarter. Picton Mahoney Asset Management grew its holdings in shares of OR Royalties by 1.6% in the fourth quarter. Picton Mahoney Asset Management now owns 3,160,518 shares of the basic materials company’s stock valued at $112,114,000 after purchasing an additional 50,882 shares during the period. Elliott Investment Management L.P. increased its position in OR Royalties by 42.7% during the fourth quarter. Elliott Investment Management L.P. now owns 3,111,000 shares of the basic materials company’s stock worth $110,098,000 after purchasing an additional 930,849 shares during the last quarter. Norges Bank acquired a new stake in OR Royalties during the fourth quarter worth about $88,597,000. Finally, Tidal Investments LLC raised its stake in OR Royalties by 25.4% during the third quarter. Tidal Investments LLC now owns 2,347,760 shares of the basic materials company’s stock worth $94,098,000 after purchasing an additional 474,840 shares during the period. 68.52% of the stock is currently owned by hedge funds and other institutional investors.

OR Royalties Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a yield of 0.9%. This is an increase from OR Royalties’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Tuesday, June 30th. OR Royalties’s dividend payout ratio is presently 18.66%.

About OR Royalties

OR Royalties PLC (NYSE: OR) is a closed-ended investment company that specializes in acquiring and managing royalty interests in life science and pharmaceutical products. The company provides capital to biotechnology, specialty pharmaceutical and medical device companies in exchange for a share of future sales revenues. By focusing on royalties secured against marketed products, OR Royalties aims to deliver income and growth potential while minimizing the development and commercialization risks typically associated with direct equity stakes.

The company’s core activities include sourcing royalty transactions, structuring bespoke financing solutions and actively monitoring a diversified portfolio of assets.