Equities Analysts Offer Predictions for Osisko Gold Royalties Ltd’s Q4 2024 Earnings (NYSE:OR)

Osisko Gold Royalties Ltd (NYSE:OR) – Investment analysts at Raymond James lifted their Q4 2024 EPS estimates for Osisko Gold Royalties in a research note issued to investors on Monday, September 23rd. Raymond James analyst B. Macarthur now expects that the basic materials company will post earnings of $0.14 per share for the quarter, up from their previous estimate of $0.13. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.47 per share. Raymond James also issued estimates for Osisko Gold Royalties’ Q2 2025 earnings at $0.15 EPS.

Other equities research analysts also recently issued reports about the stock. TD Securities raised shares of Osisko Gold Royalties to a “strong-buy” rating in a report on Monday, July 22nd. Royal Bank of Canada cut their target price on shares of Osisko Gold Royalties from $21.00 to $20.00 and set an “outperform” rating for the company in a research note on Tuesday, September 10th. Finally, Jefferies Financial Group upgraded shares of Osisko Gold Royalties from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research report on Friday, July 12th.

Osisko Gold Royalties Price Performance

Shares of NYSE:OR opened at $18.99 on Wednesday. The stock has a market cap of $3.54 billion, a price-to-earnings ratio of -90.43 and a beta of 1.03. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.92 and a quick ratio of 4.92. Osisko Gold Royalties has a 12 month low of $11.24 and a 12 month high of $19.03. The stock’s 50 day moving average price is $17.38 and its 200 day moving average price is $16.62.

Osisko Gold Royalties (NYSE:OR) last issued its quarterly earnings results on Tuesday, August 6th. The basic materials company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. Osisko Gold Royalties had a positive return on equity of 6.80% and a negative net margin of 36.71%. The company had revenue of $47.39 million for the quarter.

Osisko Gold Royalties Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be paid a dividend of $0.047 per share. This represents a $0.19 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date of this dividend is Monday, September 30th. Osisko Gold Royalties’s dividend payout ratio (DPR) is currently -90.48%.

Institutional Trading of Osisko Gold Royalties

A number of institutional investors have recently bought and sold shares of the company. EdgePoint Investment Group Inc. grew its position in Osisko Gold Royalties by 2.1% in the first quarter. EdgePoint Investment Group Inc. now owns 24,728,134 shares of the basic materials company’s stock worth $406,002,000 after acquiring an additional 501,485 shares in the last quarter. Van ECK Associates Corp increased its position in Osisko Gold Royalties by 3.7% during the first quarter. Van ECK Associates Corp now owns 21,012,286 shares of the basic materials company’s stock worth $345,021,000 after buying an additional 745,973 shares during the last quarter. Vanguard Group Inc. raised its holdings in Osisko Gold Royalties by 0.9% during the first quarter. Vanguard Group Inc. now owns 6,796,280 shares of the basic materials company’s stock valued at $111,595,000 after buying an additional 60,083 shares in the last quarter. Price T Rowe Associates Inc. MD acquired a new stake in shares of Osisko Gold Royalties in the first quarter worth about $109,825,000. Finally, Millennium Management LLC boosted its stake in shares of Osisko Gold Royalties by 20.5% during the 2nd quarter. Millennium Management LLC now owns 6,587,348 shares of the basic materials company’s stock worth $102,631,000 after acquiring an additional 1,122,653 shares in the last quarter. Institutional investors and hedge funds own 68.52% of the company’s stock.

About Osisko Gold Royalties

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.