With 0.5 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.59 million shares. The 52-week range on RGLD shows that it touched its highest point at $191.78 and its lowest point at $119.72 during that stretch. It currently has a 1-year price target of $205.92. With its current market cap of 12.10 billion, RGLD has annualized dividend of $1.70 while the current yield stands at 0.92%. Beta for the stock currently stands at 0.45.
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 2.48%, but this was down by -0.37% over a month. Three-month performance surged to 22.42% while six-month performance rose 24.78%. The stock gained 42.95% in the past year, while it has gained 39.44% so far this year. A look at the trailing 12-month EPS for RGLD yields 6.05 with Next year EPS estimates of 8.14. For the next quarter, that number is 1.61. This implies an EPS growth rate of 34.78% for this year and 14.80% for next year. EPS is expected to grow by 14.95% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 28.65%.
Float and Shares Shorts:
At present, 65.74 million RGLD shares are outstanding with a float of 65.56 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $5.39727 being high and $4.90571 being low. For RGLD, this leads to a yearly average estimate of $5.07284.
