Osisko Gold Royalties Ltd (NYSE:OR) – Stock analysts at Desjardins issued their Q4 2017 earnings estimates for shares of Osisko Gold Royalties in a report released on Monday. Desjardins analyst J. Wolfson forecasts that the basic materials company will post earnings of $0.02 per share for the quarter. Desjardins currently has a “Buy” rating on the stock. Desjardins also issued estimates for Osisko Gold Royalties’ Q1 2018 earnings at $0.02 EPS, Q2 2018 earnings at $0.02 EPS, Q3 2018 earnings at $0.03 EPS, Q4 2018 earnings at $0.03 EPS, Q1 2019 earnings at $0.03 EPS, Q2 2019 earnings at $0.04 EPS and Q3 2019 earnings at $0.05 EPS.

A number of other research analysts have also weighed in on OR. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Osisko Gold Royalties in a research note on Thursday, September 7th. Scotiabank reissued a “buy” rating and set a $20.00 price target on shares of Osisko Gold Royalties in a research report on Monday, November 6th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Osisko Gold Royalties currently has an average rating of “Buy” and an average price target of $18.25.

Osisko Gold Royalties (NYSE OR) traded down $0.11 during trading on Wednesday, hitting $11.01. 516,600 shares of the company’s stock were exchanged, compared to its average volume of 599,689. Osisko Gold Royalties has a 12-month low of $8.88 and a 12-month high of $14.39. The company has a market capitalization of $1,746.11, a price-to-earnings ratio of 55.60 and a beta of -0.34. The company has a debt-to-equity ratio of 0.10, a current ratio of 6.18 and a quick ratio of 5.80.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Virtu Financial LLC bought a new position in shares of Osisko Gold Royalties during the third quarter valued at about $145,000. Legal & General Group Plc raised its position in Osisko Gold Royalties by 5.6% in the second quarter. Legal & General Group Plc now owns 12,979 shares of the basic materials company’s stock worth $158,000 after acquiring an additional 693 shares during the period. Wolverine Trading LLC bought a new stake in Osisko Gold Royalties in the third quarter worth about $292,000. Stifel Financial Corp raised its position in Osisko Gold Royalties by 34.0% in the second quarter. Stifel Financial Corp now owns 25,631 shares of the basic materials company’s stock worth $312,000 after acquiring an additional 6,500 shares during the period. Finally, SG Americas Securities LLC raised its position in Osisko Gold Royalties by 45.8% in the second quarter. SG Americas Securities LLC now owns 29,004 shares of the basic materials company’s stock worth $354,000 after acquiring an additional 9,106 shares during the period. 44.18% of the stock is currently owned by institutional investors.

The company also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Investors of record on Friday, December 29th will be given a dividend of $0.039 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date is Thursday, December 28th. Osisko Gold Royalties’s payout ratio is currently 76.19%.

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About Osisko Gold Royalties

Osisko Gold Royalties Ltd. acquires and manages precious metal and other royalties and streams, and similar interests in the Americas. It has 5% net smelter returns (NSR) royalty on the Canadian Malartic property located in the province of Québec, Canada; and 2% to 3.5% NSR royalty on the Éléonore mine situated in the James Bay area in Québec, Canada.

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

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