Scotiabank Has Positive View of OR Royalties FY2025 Earnings

OR Royalties Inc. (NYSE:ORFree Report) – Research analysts at Scotiabank boosted their FY2025 earnings per share estimates for shares of OR Royalties in a report released on Tuesday, July 15th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will earn $0.72 per share for the year, up from their previous forecast of $0.69. Scotiabank currently has a “Sector Outperform” rating and a $28.00 price target on the stock. The consensus estimate for OR Royalties’ current full-year earnings is $0.62 per share. Scotiabank also issued estimates for OR Royalties’ FY2026 earnings at $0.73 EPS.

Other research analysts also recently issued research reports about the company. CIBC reiterated an “outperform” rating on shares of OR Royalties in a report on Tuesday. Royal Bank Of Canada lowered their price objective on OR Royalties from $24.00 to $23.00 and set an “outperform” rating on the stock in a research report on Friday, April 4th. Wall Street Zen lowered shares of OR Royalties from a “buy” rating to a “hold” rating in a research note on Saturday, July 12th. National Bankshares reaffirmed an “outperform” rating on shares of OR Royalties in a report on Tuesday, June 24th. Finally, Raymond James Financial reissued an “outperform” rating on shares of OR Royalties in a report on Friday, April 4th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, OR Royalties presently has a consensus rating of “Moderate Buy” and an average target price of $24.33.

Read Our Latest Research Report on OR Royalties

OR Royalties Price Performance

NYSE OR traded up $0.27 during trading hours on Friday, reaching $27.35. 83,898 shares of the stock traded hands, compared to its average volume of 742,583. The stock has a 50 day simple moving average of $25.67 and a two-hundred day simple moving average of $22.07. OR Royalties has a 1 year low of $15.78 and a 1 year high of $28.22. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.98 and a quick ratio of 4.98. The company has a market cap of $5.14 billion, a price-to-earnings ratio of 160.38 and a beta of 0.75.

OR Royalties (NYSE:ORGet Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.03. The company had revenue of $54.92 million during the quarter, compared to analyst estimates of $79.63 million. OR Royalties had a return on equity of 8.66% and a net margin of 15.28%.

Hedge Funds Weigh In On OR Royalties

A number of institutional investors have recently modified their holdings of OR. Franklin Resources Inc. boosted its stake in shares of OR Royalties by 4.5% during the fourth quarter. Franklin Resources Inc. now owns 12,282 shares of the basic materials company’s stock valued at $222,000 after purchasing an additional 534 shares in the last quarter. Pictet Asset Management Holding SA lifted its stake in shares of OR Royalties by 2.0% during the fourth quarter. Pictet Asset Management Holding SA now owns 28,781 shares of the basic materials company’s stock worth $521,000 after buying an additional 564 shares during the period. PFG Investments LLC lifted its stake in shares of OR Royalties by 2.5% during the first quarter. PFG Investments LLC now owns 25,409 shares of the basic materials company’s stock worth $537,000 after buying an additional 613 shares during the period. Northwest & Ethical Investments L.P. lifted its stake in shares of OR Royalties by 11.0% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,292 shares of the basic materials company’s stock worth $114,000 after buying an additional 626 shares during the period. Finally, Alliancebernstein L.P. lifted its stake in shares of OR Royalties by 4.6% during the fourth quarter. Alliancebernstein L.P. now owns 28,700 shares of the basic materials company’s stock worth $519,000 after buying an additional 1,260 shares during the period. 68.52% of the stock is owned by hedge funds and other institutional investors.

OR Royalties Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were given a $0.055 dividend. This is a positive change from OR Royalties’s previous quarterly dividend of $0.05. This represents a $0.22 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date was Monday, June 30th. OR Royalties’s dividend payout ratio is 111.76%.

OR Royalties Company Profile

(Get Free Report)

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company’s primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.

See Also

Earnings History and Estimates for OR Royalties (NYSE:OR)

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