FY2024 Earnings Forecast for TSE:OR Issued By Raymond James

Osisko Gold Royalties Ltd (TSE:OR) – Stock analysts at Raymond James boosted their FY2024 earnings per share (EPS) estimates for Osisko Gold Royalties in a research report issued to clients and investors on Tuesday, January 7th. Raymond James analyst B. Macarthur now forecasts that the company will earn $0.69 per share for the year, up from their prior forecast of $0.68. Raymond James also issued estimates for Osisko Gold Royalties’ Q4 2024 earnings at $0.20 EPS and FY2025 earnings at $0.81 EPS.

OR has been the subject of a number of other research reports. CIBC increased their price objective on Osisko Gold Royalties from C$36.00 to C$39.00 in a report on Monday, December 2nd. BMO Capital Markets lifted their price target on shares of Osisko Gold Royalties from C$27.00 to C$28.00 in a research report on Thursday, November 7th. Stifel Nicolaus upped their price objective on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a report on Monday, October 21st. Finally, TD Securities downgraded shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research note on Monday, November 11th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$30.25.

Osisko Gold Royalties Stock Up 0.6 %

OR stock opened at C$26.76 on Thursday. Osisko Gold Royalties has a fifty-two week low of C$17.41 and a fifty-two week high of C$29.57. The company has a market capitalization of C$4.98 billion, a price-to-earnings ratio of -53.52, a price-to-earnings-growth ratio of 1.31 and a beta of 0.90. The business’s 50 day moving average price is C$27.16 and its two-hundred day moving average price is C$25.03. The company has a debt-to-equity ratio of 7.00, a quick ratio of 0.98 and a current ratio of 4.92.

Insider Transactions at Osisko Gold Royalties

In related news, Director Duncan Cornell Card sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of C$27.03, for a total value of C$270,331.00. Company insiders own 0.38% of the company’s stock.

Osisko Gold Royalties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a $0.065 dividend. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date of this dividend is Tuesday, December 31st. Osisko Gold Royalties’s payout ratio is -52.00%.

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.