FY2026 Earnings Forecast for Royal Gold Issued By Scotiabank

Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) – Equities research analysts at Scotiabank issued their FY2026 earnings estimates for Royal Gold in a note issued to investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek anticipates that the basic materials company will post earnings per share of $10.79 for the year. Scotiabank has a “Sector Perform” rating and a $310.00 price objective on the stock. The consensus estimate for Royal Gold’s current full-year earnings is $10.32 per share.

Several other analysts have also weighed in on the company. Jefferies Financial Group decreased their price target on Royal Gold from $318.00 to $311.00 and set a “buy” rating on the stock in a report on Monday, July 6th. UBS Group dropped their price objective on shares of Royal Gold from $325.00 to $280.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. Royal Bank Of Canada cut their price objective on shares of Royal Gold from $310.00 to $305.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. Zacks Research raised shares of Royal Gold from a “strong sell” rating to a “hold” rating in a research note on Thursday, July 2nd. Finally, National Bank Financial lowered their target price on shares of Royal Gold from $350.00 to $340.00 and set an “outperform” rating for the company in a report on Friday, April 17th. Nine investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Royal Gold currently has an average rating of “Moderate Buy” and a consensus target price of $280.27.

Royal Gold Stock Performance

Royal Gold stock opened at $187.36 on Monday. The company’s 50-day moving average price is $210.91 and its 200-day moving average price is $243.54. Royal Gold has a twelve month low of $150.75 and a twelve month high of $306.25. The company has a quick ratio of 3.26, a current ratio of 3.52 and a debt-to-equity ratio of 0.08. The company has a market cap of $15.90 billion, a PE ratio of 22.33, a price-to-earnings-growth ratio of 1.30 and a beta of 0.44.

Hedge Funds Weigh In On Royal Gold

Several institutional investors have recently made changes to their positions in RGLD. Goldman Sachs Group Inc. grew its holdings in Royal Gold by 99.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 168,846 shares of the basic materials company’s stock worth $27,608,000 after acquiring an additional 84,206 shares in the last quarter. Focus Partners Wealth lifted its position in shares of Royal Gold by 51.5% in the 1st quarter. Focus Partners Wealth now owns 8,465 shares of the basic materials company’s stock worth $1,384,000 after purchasing an additional 2,876 shares during the period. Brown Advisory Inc. lifted its position in shares of Royal Gold by 28.9% in the 2nd quarter. Brown Advisory Inc. now owns 3,551 shares of the basic materials company’s stock worth $631,000 after purchasing an additional 796 shares during the period. Qube Research & Technologies Ltd boosted its stake in shares of Royal Gold by 43.0% during the second quarter. Qube Research & Technologies Ltd now owns 188,247 shares of the basic materials company’s stock valued at $33,478,000 after purchasing an additional 56,621 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Royal Gold by 4.6% during the second quarter. NewEdge Advisors LLC now owns 24,551 shares of the basic materials company’s stock valued at $4,366,000 after purchasing an additional 1,072 shares in the last quarter. Hedge funds and other institutional investors own 83.65% of the company’s stock.

Insider Transactions at Royal Gold

In other Royal Gold news, SVP Randy Shefman sold 1,000 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $243.74, for a total transaction of $243,740.00. Following the transaction, the senior vice president directly owned 9,082 shares in the company, valued at $2,213,646.68. This trade represents a 9.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.35% of the stock is currently owned by company insiders.

Royal Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 16th. Investors of record on Thursday, July 2nd were paid a $0.475 dividend. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $1.90 annualized dividend and a yield of 1.0%. Royal Gold’s dividend payout ratio is 22.65%.

About Royal Gold

Royal Gold, Inc, headquartered in Denver, Colorado, is a leading precious metals streaming and royalty company. Through its business model, Royal Gold provides upfront financing to mining operators in exchange for the right to purchase a percentage of future metal production at predetermined prices. This structure allows the company to participate in production upside while minimizing exposure to the operating and capital-intensive aspects of mine ownership.

The company’s portfolio encompasses interests in over 200 streams and royalties on projects across North America, South America, Europe, Africa and Australia.