FY2026 Earnings Forecast for Royal Gold Issued By Scotiabank

Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) – Scotiabank issued their FY2026 earnings per share estimates for Royal Gold in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek anticipates that the basic materials company will post earnings of $10.79 per share for the year. Scotiabank has a “Sector Perform” rating and a $310.00 price objective on the stock. The consensus estimate for Royal Gold’s current full-year earnings is $10.32 per share.

A number of other brokerages also recently weighed in on RGLD. Zacks Research raised shares of Royal Gold from a “strong sell” rating to a “hold” rating in a report on Thursday, July 2nd. Weiss Ratings downgraded shares of Royal Gold from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. UBS Group lowered their price objective on shares of Royal Gold from $325.00 to $280.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. National Bank Financial dropped their target price on shares of Royal Gold from $350.00 to $340.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Finally, Jefferies Financial Group dropped their target price on shares of Royal Gold from $318.00 to $311.00 and set a “buy” rating on the stock in a research note on Monday, July 6th. Nine research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $280.27.

Royal Gold Trading Up 3.5%

Shares of Royal Gold stock opened at $194.01 on Monday. Royal Gold has a 1 year low of $150.75 and a 1 year high of $306.25. The firm has a market cap of $16.47 billion, a PE ratio of 23.12, a P/E/G ratio of 1.29 and a beta of 0.44. The stock has a fifty day moving average price of $209.89 and a 200-day moving average price of $243.34. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.52 and a quick ratio of 3.26.

Royal Gold Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 16th. Stockholders of record on Thursday, July 2nd were given a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, July 2nd. Royal Gold’s dividend payout ratio is currently 22.65%.

Insider Buying and Selling at Royal Gold

In other news, SVP Randy Shefman sold 1,000 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $243.74, for a total transaction of $243,740.00. Following the completion of the transaction, the senior vice president owned 9,082 shares in the company, valued at approximately $2,213,646.68. This represents a 9.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.35% of the company’s stock.

Hedge Funds Weigh In On Royal Gold

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Axiom Investment Management LLC bought a new stake in shares of Royal Gold in the first quarter valued at approximately $25,000. Grove Bank & Trust boosted its holdings in Royal Gold by 88.6% in the 2nd quarter. Grove Bank & Trust now owns 132 shares of the basic materials company’s stock worth $26,000 after buying an additional 62 shares during the period. Elyxium Wealth LLC bought a new position in Royal Gold in the 4th quarter worth approximately $27,000. Gen Wealth Partners Inc purchased a new position in Royal Gold in the 4th quarter valued at approximately $27,000. Finally, Trust Co. of Toledo NA OH bought a new stake in Royal Gold during the 4th quarter valued at $30,000. Institutional investors own 83.65% of the company’s stock.

About Royal Gold

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.