What is Stifel Canada’s Forecast for OR Q3 Earnings?

Osisko Gold Royalties Ltd (NYSE:OR) – Investment analysts at Stifel Canada issued their Q3 2024 earnings per share (EPS) estimates for shares of Osisko Gold Royalties in a research report issued to clients and investors on Monday, October 21st. Stifel Canada analyst I. Rico anticipates that the basic materials company will post earnings per share of $0.10 for the quarter. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.48 per share. Stifel Canada also issued estimates for Osisko Gold Royalties’ FY2025 earnings at $0.70 EPS and FY2026 earnings at $0.67 EPS.

OR has been the subject of several other research reports. Royal Bank of Canada decreased their target price on Osisko Gold Royalties from $21.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, September 10th. TD Securities upgraded Osisko Gold Royalties to a “strong-buy” rating in a research report on Monday, July 22nd. Finally, Jefferies Financial Group lifted their target price on Osisko Gold Royalties from $19.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, October 4th.

Osisko Gold Royalties Price Performance

Shares of NYSE OR opened at $20.65 on Wednesday. Osisko Gold Royalties has a fifty-two week low of $11.89 and a fifty-two week high of $21.20. The business has a 50 day moving average price of $18.35 and a two-hundred day moving average price of $17.11. The company has a quick ratio of 4.92, a current ratio of 4.92 and a debt-to-equity ratio of 0.07. The firm has a market cap of $3.85 billion, a PE ratio of -57.36 and a beta of 1.04.

Osisko Gold Royalties (NYSE:OR) last issued its quarterly earnings data on Tuesday, August 6th. The basic materials company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. Osisko Gold Royalties had a positive return on equity of 6.80% and a negative net margin of 36.71%. The firm had revenue of $47.39 million during the quarter.

Osisko Gold Royalties Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.047 dividend. This represents a $0.19 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date of this dividend was Monday, September 30th. Osisko Gold Royalties’s dividend payout ratio is presently -52.78%.

Institutional Trading of Osisko Gold Royalties

Hedge funds and other institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in shares of Osisko Gold Royalties by 125.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,645 shares of the basic materials company’s stock worth $25,000 after buying an additional 916 shares in the last quarter. Point72 DIFC Ltd acquired a new stake in shares of Osisko Gold Royalties during the second quarter worth $71,000. Squarepoint Ops LLC acquired a new stake in shares of Osisko Gold Royalties during the second quarter worth $211,000. Creekside Partners acquired a new stake in shares of Osisko Gold Royalties during the second quarter worth $229,000. Finally, Corundum Trust Company INC acquired a new stake in shares of Osisko Gold Royalties during the second quarter worth $249,000. Institutional investors own 68.52% of the company’s stock.

Osisko Gold Royalties Company Profile

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.