Raymond James Issues Pessimistic Forecast for OR Earnings

Osisko Gold Royalties Ltd (NYSE:OR) – Raymond James lowered their FY2025 EPS estimates for Osisko Gold Royalties in a note issued to investors on Tuesday, January 7th. Raymond James analyst B. Macarthur now anticipates that the basic materials company will post earnings per share of $0.56 for the year, down from their prior forecast of $0.57. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.48 per share.

Other research analysts have also issued research reports about the company. TD Securities lowered Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 11th. TD Cowen cut shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a report on Monday, November 11th. Finally, Jefferies Financial Group raised their price target on shares of Osisko Gold Royalties from $19.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, October 4th.

Osisko Gold Royalties Price Performance

OR stock opened at $18.65 on Thursday. The company has a market capitalization of $3.48 billion, a PE ratio of -88.81 and a beta of 1.02. The company has a quick ratio of 4.40, a current ratio of 4.40 and a debt-to-equity ratio of 0.05. The stock’s 50 day moving average is $19.07 and its two-hundred day moving average is $18.28. Osisko Gold Royalties has a 52-week low of $12.77 and a 52-week high of $21.29.

Institutional Investors Weigh In On Osisko Gold Royalties

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC lifted its position in shares of Osisko Gold Royalties by 12.9% during the 2nd quarter. Renaissance Technologies LLC now owns 239,800 shares of the basic materials company’s stock valued at $3,736,000 after acquiring an additional 27,400 shares during the last quarter. Fiera Capital Corp raised its position in shares of Osisko Gold Royalties by 3.7% during the third quarter. Fiera Capital Corp now owns 762,075 shares of the basic materials company’s stock worth $14,133,000 after purchasing an additional 26,917 shares during the period. Polar Asset Management Partners Inc. purchased a new stake in shares of Osisko Gold Royalties during the third quarter valued at $746,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Osisko Gold Royalties by 45.5% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 420,462 shares of the basic materials company’s stock valued at $7,783,000 after purchasing an additional 131,558 shares during the period. Finally, Mackenzie Financial Corp increased its stake in Osisko Gold Royalties by 237.0% in the 2nd quarter. Mackenzie Financial Corp now owns 1,977,895 shares of the basic materials company’s stock worth $30,827,000 after purchasing an additional 1,391,005 shares in the last quarter. 68.52% of the stock is owned by institutional investors and hedge funds.

Osisko Gold Royalties Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of $0.048 per share. This represents a $0.19 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend is Tuesday, December 31st. This is a positive change from Osisko Gold Royalties’s previous quarterly dividend of $0.05. Osisko Gold Royalties’s dividend payout ratio (DPR) is currently -90.48%.

Osisko Gold Royalties Company Profile

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and other interests in Canada and internationally. It also owns options on offtake; royalty/stream financings; and exclusive rights to participate in future royalty/stream financings on various projects. The company’s primary asset is a 3-5% net smelter return royalty on the Canadian Malartic complex located in Canada.