Royal Gold, Inc (RGLD) saw an uptrend of 0.90% in the recent trading with $194.47 being its most recent. The current price level -5.82% lower than the highest price of $206.49 marked by the stock while trading over the past 52-weeks, whereas it is 48.83% higher than the lowest price of $130.67 the company dropped to over past 52-weeks. The latest news story on RGLD appeared in (Business Wire) under the title “Royal Gold Announces Approval by All Required Securityholders for Sandstorm Gold Ltd. and Horizon Copper Corp. Acquisitions”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 10 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.67 for the stock.
Royal Gold, Inc Earnings – What Happened With RGLD
Coming around sales and income figures on RGLD Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Royal Gold, Inc (RGLD) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 11.66% for net revenue.
RGLD – Royal Gold, Inc Stock Earnings Estimates
The perspective of Royal Gold, Inc (NASDAQ:RGLD)’s current quarter earnings identifies that analysts are in consensus over the estimate of 1.32 for stock’s EPS in the current quarter. Royal Gold, Inc (RGLD) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 11.66% for net revenue. Company’s EPS for the last quarter was 1.47.
Royal Gold, Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 65.76 million. RGLD does have institutional investors; and they hold 88.67% of the stock.
As on 2024-06-30, CAPITAL WORLD INVESTORS was the top most holder in Royal Gold, Inc (NASDAQ:RGLD) with an ownership of 8.71 million shares of the company or 13.2643 of the stake worth $1.09 billion. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 10.6646 of the outstanding shares. Its stake is worth $876.29 million for having 7.0 million shares in hand.
VANGUARD GROUP INC also came holding a key position in the company during the recent quarter and it now holds 10.0698 of the outstanding shares. With this there are now 821.0 institutions which have possession in RGLD’s shares.
Key Metrics for RGLD
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Royal Gold, Inc has a debt to equity ratio of 0.00.
