FY2025 EPS Estimates for OR Royalties Boosted by Analyst

OR Royalties Inc. (NYSE:OR) – Analysts at Stifel Canada lifted their FY2025 earnings per share (EPS) estimates for shares of OR Royalties in a research report issued to clients and investors on Wednesday, November 12th. Stifel Canada analyst I. Rico now anticipates that the basic materials company will post earnings of $0.83 per share for the year, up from their prior forecast of $0.82. The consensus estimate for OR Royalties’ current full-year earnings is $0.62 per share. Stifel Canada also issued estimates for OR Royalties’ FY2027 earnings at $1.19 EPS and FY2028 earnings at $1.42 EPS.

OR Royalties (NYSE:OR) last issued its earnings results on Wednesday, November 5th. The basic materials company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.03. The firm had revenue of $71.63 million for the quarter, compared to the consensus estimate of $53.85 million. OR Royalties had a net margin of 35.25% and a return on equity of 8.56%.

A number of other analysts have also recently commented on OR. Weiss Ratings upgraded OR Royalties from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, November 7th. Scotiabank downgraded OR Royalties from an “outperform” rating to a “sector perform” rating and boosted their price target for the company from $33.00 to $41.00 in a research note on Thursday, October 23rd. Zacks Research upgraded shares of OR Royalties from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 6th. Wall Street Zen upgraded shares of OR Royalties from a “hold” rating to a “buy” rating in a research report on Saturday, October 4th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $40.00 target price (up from $34.00) on shares of OR Royalties in a report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $36.25.

OR Royalties Stock Performance

Shares of NYSE OR opened at $32.73 on Friday. The firm’s 50-day moving average price is $35.80 and its 200-day moving average price is $30.11. OR Royalties has a 52-week low of $17.55 and a 52-week high of $42.25. The company has a market cap of $6.16 billion, a PE ratio of 88.46 and a beta of 0.72. The company has a quick ratio of 4.73, a current ratio of 4.73 and a debt-to-equity ratio of 0.03.

OR Royalties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, December 31st. OR Royalties’s dividend payout ratio is 29.73%.

Hedge Funds Weigh In On OR Royalties

A number of institutional investors and hedge funds have recently modified their holdings of OR. Caitlin John LLC bought a new stake in OR Royalties in the third quarter worth about $78,000. Plato Investment Management Ltd purchased a new position in shares of OR Royalties during the first quarter valued at $56,000. Summit Securities Group LLC purchased a new stake in shares of OR Royalties in the 1st quarter worth approximately $62,000. Eagle Global Advisors LLC bought a new stake in OR Royalties during the 3rd quarter valued at $206,000. Finally, Merit Financial Group LLC bought a new stake in OR Royalties during the third quarter valued at about $215,000. Hedge funds and other institutional investors own 68.52% of the company’s stock.

About OR Royalties

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.