Royal Gold Q3 EPS Forecast Lifted by Raymond James Financial

Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) – Equities researchers at Raymond James Financial raised their Q3 2025 EPS estimates for shares of Royal Gold in a research note issued to investors on Monday, October 20th. Raymond James Financial analyst B. Macarthur now forecasts that the basic materials company will earn $2.25 per share for the quarter, up from their prior forecast of $2.01. Raymond James Financial currently has a “Outperform” rating and a $257.00 price target on the stock. The consensus estimate for Royal Gold’s current full-year earnings is $6.20 per share. Raymond James Financial also issued estimates for Royal Gold’s Q4 2025 earnings at $2.38 EPS, Q1 2026 earnings at $2.08 EPS, Q2 2026 earnings at $2.11 EPS, Q3 2026 earnings at $2.15 EPS and Q4 2026 earnings at $2.20 EPS.

Several other research analysts have also recently weighed in on RGLD. BMO Capital Markets set a $240.00 target price on Royal Gold and gave the company an “outperform” rating in a research note on Tuesday. Wall Street Zen raised Royal Gold from a “hold” rating to a “buy” rating in a research note on Saturday, August 30th. TD Securities reaffirmed a “buy” rating and set a $237.00 target price (up previously from $229.00) on shares of Royal Gold in a research note on Friday, August 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Royal Gold in a research note on Wednesday, October 8th. Finally, Bank of America increased their price target on Royal Gold from $193.00 to $203.00 and gave the company an “underperform” rating in a research report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $214.11.

Royal Gold Price Performance

Shares of NASDAQ RGLD opened at $184.64 on Wednesday. The business’s fifty day moving average price is $187.86 and its two-hundred day moving average price is $177.71. Royal Gold has a 1-year low of $130.67 and a 1-year high of $209.42. The firm has a market capitalization of $12.15 billion, a PE ratio of 27.07, a P/E/G ratio of 1.09 and a beta of 0.41.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last issued its earnings results on Wednesday, August 6th. The basic materials company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.11. Royal Gold had a return on equity of 13.30% and a net margin of 56.24%.The firm had revenue of $209.64 million for the quarter, compared to analyst estimates of $186.63 million. During the same period last year, the company earned $1.25 earnings per share. The firm’s revenue for the quarter was up 20.4% on a year-over-year basis.

Royal Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Friday, October 3rd were given a $0.45 dividend. The ex-dividend date was Friday, October 3rd. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.0%. Royal Gold’s dividend payout ratio (DPR) is 26.39%.

Institutional Investors Weigh In On Royal Gold

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its stake in Royal Gold by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 6,698,891 shares of the basic materials company’s stock worth $1,095,336,000 after acquiring an additional 46,956 shares in the last quarter. AQR Capital Management LLC lifted its stake in Royal Gold by 8.2% in the 2nd quarter. AQR Capital Management LLC now owns 1,820,435 shares of the basic materials company’s stock worth $319,140,000 after acquiring an additional 137,524 shares in the last quarter. Geode Capital Management LLC lifted its stake in Royal Gold by 3.6% in the 2nd quarter. Geode Capital Management LLC now owns 1,751,136 shares of the basic materials company’s stock worth $311,457,000 after acquiring an additional 61,352 shares in the last quarter. Findlay Park Partners LLP lifted its stake in Royal Gold by 1.4% in the 1st quarter. Findlay Park Partners LLP now owns 1,241,030 shares of the basic materials company’s stock worth $202,921,000 after acquiring an additional 16,600 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Royal Gold by 6.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 933,488 shares of the basic materials company’s stock worth $152,628,000 after acquiring an additional 55,685 shares in the last quarter. 83.65% of the stock is owned by hedge funds and other institutional investors.

About Royal Gold

Royal Gold, Inc, together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. The company engages in acquiring stream and royalty interests or to finance projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and other metals.