Royal Gold, Inc (RGLD) expanding its growth trajectory ahead

With 1.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.32 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $149.83 whereas the lowest price it dropped to was $148.05. The 52-week range on RGLD shows that it touched its highest point at $155.10 and its lowest point at $100.55 during that stretch. It currently has a 1-year price target of $168.27. With its current market cap of 9.85 billion, RGLD has annualized dividend of $1.60 while the current yield stands at 1.07%. RGLD paid its most recent dividend on 1728000000, while the ex-dividend date for that was 1735862400. Beta for the stock currently stands at 0.90.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RGLD was up-trending over the past week, with a rise of 6.24%, but this was down by -1.43% over a month. Three-month performance surged to 5.23% while six-month performance rose 15.94%. The stock gained 28.20% in the past year, while it has gained 23.17% so far this year. A look at the trailing 12-month EPS for RGLD yields 4.37 with Next year EPS estimates of 6.48. For the next quarter, that number is 1.51. This implies an EPS growth rate of 43.09% for this year and 28.20% for next year.

Float and Shares Shorts:

At present, 65.63 million RGLD shares are outstanding with a float of 65.54 million shares on hand for trading. On 2024-10-31, short shares totaled 2.19 million, which was 332.99996999999996 higher than short shares on 1727654400. In addition to Mr. William H. Heissenbuttel as the firm’s President, CEO & Director, Mr. Paul K. Libner serves as its Senior VP, Treasurer & CFO.

Institutional Ownership:

Through their ownership of 0.87631 of RGLD’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2021-12-31, RGLD reported revenue of $193837000.0 and operating income of $118846000.0. The EBITDA in the recently reported quarter was $155649000.0 and diluted EPS was $1.46.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RGLD since 10 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With RGLD analysts setting a high price target of 186.0 and a low target of 133.0, the average target price over the next 12 months is 168.27274. Based on these targets, RGLD could surge 24.84% to reach the target high and fall by -10.73% to reach the target low. Reaching the average price target will result in a growth of 12.94% from current levels.

Analysts have provided yearly estimates in a range of $5.40536 being high and $4.80476 being low. For RGLD, this leads to a yearly average estimate of $5.05091. The surprise factor in the prior quarter was $1.19. Based on analyst estimates, the high estimate for the next quarter is $1.5 and the low estimate is $1.4. The average estimate for the next quarter is thus $1.45.