FY2026 EPS Estimates for OR Royalties Cut by Scotiabank

OR Royalties Inc. (NYSE:OR) – Equities researchers at Scotiabank reduced their FY2026 earnings estimates for shares of OR Royalties in a research report issued on Thursday, March 5th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings per share of $1.20 for the year, down from their previous estimate of $1.39. Scotiabank currently has a “Sector Perform” rating and a $51.00 target price on the stock. The consensus estimate for OR Royalties’ current full-year earnings is $0.62 per share. Scotiabank also issued estimates for OR Royalties’ FY2027 earnings at $1.31 EPS.

OR Royalties (NYSE:OR) last announced its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.01. OR Royalties had a net margin of 74.30% and a return on equity of 12.73%. The company had revenue of $90.47 million for the quarter, compared to analysts’ expectations of $90.80 million.

OR has been the topic of a number of other research reports. Jefferies Financial Group reiterated a “hold” rating and set a $38.00 target price on shares of OR Royalties in a report on Sunday, December 7th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of OR Royalties in a research report on Wednesday, February 4th. Zacks Research raised OR Royalties from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 4th. Wall Street Zen downgraded OR Royalties from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 21st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of OR Royalties in a research report on Monday, December 29th. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, OR Royalties presently has a consensus rating of “Moderate Buy” and a consensus price target of $38.25.

OR Royalties Price Performance

Shares of OR opened at $43.36 on Monday. The company has a 50-day simple moving average of $41.92 and a two-hundred day simple moving average of $37.43. The firm has a market capitalization of $8.13 billion, a PE ratio of 39.78 and a beta of 0.75. OR Royalties has a one year low of $17.61 and a one year high of $48.06.

OR Royalties Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, March 31st. OR Royalties’s payout ratio is currently 20.18%.

Institutional Trading of OR Royalties

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd purchased a new position in OR Royalties during the fourth quarter valued at $206,000. Elliott Investment Management L.P. boosted its holdings in OR Royalties by 42.7% in the fourth quarter. Elliott Investment Management L.P. now owns 3,111,000 shares of the basic materials company’s stock worth $110,098,000 after acquiring an additional 930,849 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of OR Royalties in the fourth quarter worth $832,000. Yaupon Capital Management LP grew its stake in shares of OR Royalties by 5.6% in the fourth quarter. Yaupon Capital Management LP now owns 205,228 shares of the basic materials company’s stock worth $7,270,000 after acquiring an additional 10,809 shares during the last quarter. Finally, Oxford Asset Management LLP increased its holdings in shares of OR Royalties by 103.6% during the fourth quarter. Oxford Asset Management LLP now owns 26,977 shares of the basic materials company’s stock valued at $955,000 after acquiring an additional 13,724 shares in the last quarter. Hedge funds and other institutional investors own 68.52% of the company’s stock.

About OR Royalties

OR Royalties PLC (NYSE: OR) is a closed-ended investment company that specializes in acquiring and managing royalty interests in life science and pharmaceutical products. The company provides capital to biotechnology, specialty pharmaceutical and medical device companies in exchange for a share of future sales revenues. By focusing on royalties secured against marketed products, OR Royalties aims to deliver income and growth potential while minimizing the development and commercialization risks typically associated with direct equity stakes.

The company’s core activities include sourcing royalty transactions, structuring bespoke financing solutions and actively monitoring a diversified portfolio of assets.