HC Wainwright Predicts Weaker Earnings for Elemental Royalty

Elemental Royalty Corp (NASDAQ:ELE) – Investment analysts at HC Wainwright reduced their FY2026 EPS estimates for shares of Elemental Royalty in a research report issued to clients and investors on Thursday, May 14th. HC Wainwright analyst H. Ihle now forecasts that the company will earn $0.26 per share for the year, down from their prior forecast of $0.46. HC Wainwright currently has a “Buy” rating and a $32.50 target price on the stock.

Elemental Royalty (NASDAQ:ELE) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.10). The firm had revenue of $24.32 million for the quarter.

ELE has been the topic of a number of other reports. Zacks Research raised shares of Elemental Royalty to a “hold” rating in a research note on Thursday, April 9th. Weiss Ratings started coverage on shares of Elemental Royalty in a research note on Tuesday, January 27th. They set a “hold (c)” rating on the stock. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Elemental Royalty has a consensus rating of “Hold” and a consensus price target of $32.50.

Elemental Royalty Stock Performance

NASDAQ:ELE opened at $16.96 on Tuesday. Elemental Royalty has a fifty-two week low of $9.90 and a fifty-two week high of $26.96. The stock’s fifty day moving average is $19.24.

Institutional Investors Weigh In On Elemental Royalty

A number of large investors have recently added to or reduced their stakes in the business. Bartlett & CO. Wealth Management LLC acquired a new stake in Elemental Royalty in the 1st quarter valued at about $32,000. Kestra Advisory Services LLC grew its stake in Elemental Royalty by 53.7% in the 1st quarter. Kestra Advisory Services LLC now owns 12,025 shares of the company’s stock valued at $227,000 after acquiring an additional 4,202 shares during the last quarter. Investment Counsel Co. of Nevada acquired a new stake in Elemental Royalty in the 4th quarter valued at about $90,000. Caitlin John LLC acquired a new stake in Elemental Royalty in the 4th quarter valued at about $97,000. Finally, Papamarkou Wellner Asset Management inc. acquired a new stake in Elemental Royalty in the 4th quarter valued at about $182,000.

Elemental Royalty Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, March 31st.

Elemental Royalty Company Profile

Elemental Royalties (NASDAQ: ELE) is a publicly traded company that acquires and manages royalty and streaming interests in the mining sector. The firm focuses on securing long‑lived, low‑cost interests that provide ongoing, contractually defined payments or metal deliveries from producing and near‑term development mineral projects. By targeting royalties and streams rather than operating mines, the company seeks exposure to commodity price upside while avoiding the capital intensity and operating risks of miners.

Elemental Royalties’ activities include sourcing and negotiating royalty and stream transactions, performing technical and commercial due diligence on potential assets, and actively managing a diversified portfolio of interests.