FY2026 Earnings Forecast for Royal Gold Issued By Scotiabank

Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) – Stock analysts at Scotiabank lowered their FY2026 earnings per share estimates for shares of Royal Gold in a report issued on Wednesday, August 19th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will earn $10.76 per share for the year, down from their previous forecast of $10.79. Scotiabank currently has a “Sector Perform” rating and a $310.00 price target on the stock. The consensus estimate for Royal Gold’s current full-year earnings is $10.32 per share.

RGLD has been the subject of a number of other research reports. Jefferies Financial Group decreased their target price on Royal Gold from $318.00 to $311.00 and set a “buy” rating for the company in a report on Monday, July 6th. Weiss Ratings lowered shares of Royal Gold from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 4th. UBS Group raised their price target on shares of Royal Gold from $280.00 to $285.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Zacks Research cut shares of Royal Gold from a “hold” rating to a “strong sell” rating in a research note on Friday, July 31st. Finally, Royal Bank Of Canada dropped their price objective on shares of Royal Gold from $310.00 to $305.00 and set an “outperform” rating on the stock in a report on Thursday, July 9th. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $285.10.

Royal Gold Stock Up 1.8%

Shares of RGLD stock opened at $263.75 on Monday. The stock’s 50-day simple moving average is $211.14 and its 200-day simple moving average is $236.43. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.68 and a current ratio of 2.92. The firm has a market capitalization of $22.35 billion, a PE ratio of 28.79, a P/E/G ratio of 1.95 and a beta of 0.44. Royal Gold has a fifty-two week low of $168.88 and a fifty-two week high of $306.25.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last issued its earnings results on Wednesday, August 5th. The basic materials company reported $2.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.55 by $0.01. The company had revenue of $468.98 million during the quarter, compared to analyst estimates of $458.85 million. Royal Gold had a return on equity of 12.06% and a net margin of 47.74%.The firm’s quarterly revenue was up 114.9% on a year-over-year basis. During the same quarter last year, the business posted $1.81 EPS.

Royal Gold Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Friday, October 2nd will be issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, October 2nd. Royal Gold’s payout ratio is 20.74%.

Insider Activity

In related news, SVP Randy Shefman sold 500 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $215.85, for a total value of $107,925.00. Following the completion of the transaction, the senior vice president directly owned 8,582 shares in the company, valued at $1,852,424.70. The trade was a 5.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.35% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System grew its position in shares of Royal Gold by 19,848.6% during the 2nd quarter. California State Teachers Retirement System now owns 19,665,976 shares of the basic materials company’s stock valued at $3,925,525,000 after acquiring an additional 19,567,393 shares during the period. BlackRock Inc. acquired a new position in Royal Gold in the 2nd quarter worth about $2,177,865,000. Vanguard Group Inc. boosted its position in Royal Gold by 25.0% during the fourth quarter. Vanguard Group Inc. now owns 8,398,944 shares of the basic materials company’s stock worth $1,867,001,000 after purchasing an additional 1,681,577 shares in the last quarter. Capital International Investors purchased a new position in Royal Gold during the fourth quarter worth approximately $332,026,000. Finally, Van ECK Associates Corp grew its holdings in Royal Gold by 18.1% in the fourth quarter. Van ECK Associates Corp now owns 5,900,432 shares of the basic materials company’s stock valued at $1,311,607,000 after purchasing an additional 905,488 shares during the period. Hedge funds and other institutional investors own 83.65% of the company’s stock.

Royal Gold Company Profile

Royal Gold, Inc, headquartered in Denver, Colorado, is a leading precious metals streaming and royalty company. Through its business model, Royal Gold provides upfront financing to mining operators in exchange for the right to purchase a percentage of future metal production at predetermined prices. This structure allows the company to participate in production upside while minimizing exposure to the operating and capital-intensive aspects of mine ownership.

The company’s portfolio encompasses interests in over 200 streams and royalties on projects across North America, South America, Europe, Africa and Australia.