CVE:ELE Q4 EPS Forecast Raised by Raymond James Financial

Elemental Altus Royalties Corp. (CVE:ELE) – Equities research analysts at Raymond James Financial increased their Q4 2025 earnings estimates for Elemental Altus Royalties in a report issued on Thursday, October 9th. Raymond James Financial analyst B. Macarthur now anticipates that the company will earn $0.17 per share for the quarter, up from their prior estimate of $0.15. Raymond James Financial also issued estimates for Elemental Altus Royalties’ Q1 2026 earnings at $0.22 EPS and FY2026 earnings at $0.94 EPS.

Separately, Canaccord Genuity Group raised their target price on Elemental Altus Royalties from C$26.50 to C$33.00 in a report on Thursday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Elemental Altus Royalties has a consensus rating of “Strong Buy” and an average price target of C$31.00.

Elemental Altus Royalties Price Performance

Shares of ELE stock opened at C$24.60 on Monday. The company has a market cap of C$609.27 million, a price-to-earnings ratio of 82.00 and a beta of 0.23. Elemental Altus Royalties has a 1 year low of C$10.70 and a 1 year high of C$25.79. The firm has a fifty day moving average price of C$10.77 and a 200-day moving average price of C$4.83.

About Elemental Altus Royalties

Endesa, SA engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar. As of December 31, 2020, its distributed electricity to approximately 21 million populations covering a total area of approximately 195,488 square kilometers.