FY2026 Earnings Estimate for DRDGOLD Issued By HC Wainwright

DRDGOLD Limited (NYSE:DRD) – Investment analysts at HC Wainwright increased their FY2026 earnings per share (EPS) estimates for shares of DRDGOLD in a research report issued to clients and investors on Thursday, July 16th. HC Wainwright analyst H. Ihle now expects that the basic materials company will earn $2.26 per share for the year, up from their prior estimate of $2.21. HC Wainwright currently has a “Buy” rating and a $35.00 price objective on the stock. The consensus estimate for DRDGOLD’s current full-year earnings is $2.93 per share.

Several other equities research analysts have also recently weighed in on the company. Weiss Ratings cut DRDGOLD from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Wall Street Zen lowered DRDGOLD from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. Finally, Zacks Research cut shares of DRDGOLD from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $35.00.

DRDGOLD Stock Performance

DRD opened at $20.75 on Monday. The business has a 50 day moving average of $23.55 and a 200-day moving average of $29.20. DRDGOLD has a 52 week low of $13.25 and a 52 week high of $39.37.

Hedge Funds Weigh In On DRDGOLD

Large investors have recently made changes to their positions in the business. GAMMA Investing LLC grew its holdings in shares of DRDGOLD by 4.2% during the fourth quarter. GAMMA Investing LLC now owns 8,450 shares of the basic materials company’s stock valued at $262,000 after buying an additional 337 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in DRDGOLD by 33.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,256 shares of the basic materials company’s stock worth $70,000 after acquiring an additional 566 shares during the last quarter. Osaic Holdings Inc. raised its holdings in DRDGOLD by 8.1% in the 4th quarter. Osaic Holdings Inc. now owns 7,564 shares of the basic materials company’s stock worth $235,000 after acquiring an additional 570 shares during the last quarter. Merit Financial Group LLC raised its holdings in DRDGOLD by 7.0% in the 3rd quarter. Merit Financial Group LLC now owns 12,277 shares of the basic materials company’s stock worth $339,000 after acquiring an additional 800 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in DRDGOLD by 21.8% in the 4th quarter. Blue Trust Inc. now owns 4,476 shares of the basic materials company’s stock valued at $139,000 after acquiring an additional 800 shares in the last quarter. 14.70% of the stock is currently owned by hedge funds and other institutional investors.

About DRDGOLD

DRDGOLD (NYSE: DRD) is a South African gold producer focused on the retreatment of surface tailings from historic mining operations on the Witwatersrand Basin. The company recovers fine gold particles from low‐grade tailings using an integrated, carbon‐in‐leach (CIL) processing circuit that is designed to maximize yield and minimize environmental impact. DRDGOLD’s operations are centered on sustainable resource utilization, transforming previously discarded material into saleable gold doré bars.

The company operates two primary tailings retreatment facilities on the West Rand and East Rand of Gauteng Province.