Q3 2024 EPS Estimates for Osisko Gold Royalties Ltd Reduced by National Bank Financial (TSE:OR)

Osisko Gold Royalties Ltd (TSE:OR) – Research analysts at National Bank Financial decreased their Q3 2024 EPS estimates for shares of Osisko Gold Royalties in a research note issued on Wednesday, August 7th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $0.14 for the quarter, down from their prior estimate of $0.19. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.64 per share. National Bank Financial also issued estimates for Osisko Gold Royalties’ Q4 2024 earnings at $0.18 EPS, FY2024 earnings at $0.66 EPS and FY2026 earnings at $0.86 EPS.

A number of other research analysts have also issued reports on the company. Scotiabank boosted their price objective on Osisko Gold Royalties from C$24.00 to C$25.00 in a research report on Thursday, July 18th. Jefferies Financial Group upgraded Osisko Gold Royalties from a “hold” rating to a “buy” rating in a research note on Friday, July 12th. TD Securities upped their price target on shares of Osisko Gold Royalties from C$28.00 to C$29.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. Stifel Nicolaus increased their price objective on shares of Osisko Gold Royalties from C$27.00 to C$28.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Finally, CIBC boosted their target price on shares of Osisko Gold Royalties from C$33.00 to C$34.00 in a research note on Wednesday, July 10th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$28.38.

Osisko Gold Royalties Stock Up 0.9 %

TSE:OR opened at C$22.38 on Friday. The company has a current ratio of 4.95, a quick ratio of 0.98 and a debt-to-equity ratio of 9.52. The stock has a 50 day moving average of C$22.92 and a 200-day moving average of C$21.75. The firm has a market capitalization of C$4.16 billion, a PE ratio of -77.17, a price-to-earnings-growth ratio of 1.31 and a beta of 0.82. Osisko Gold Royalties has a 52 week low of C$15.42 and a 52 week high of C$25.19.

Osisko Gold Royalties (TSE:OR) last issued its earnings results on Wednesday, May 8th. The company reported C$0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.15 by C$0.01. Osisko Gold Royalties had a negative net margin of 21.78% and a negative return on equity of 3.15%. The firm had revenue of C$60.75 million for the quarter.

Osisko Gold Royalties Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a $0.065 dividend. The ex-dividend date is Friday, September 27th. This represents a $0.26 dividend on an annualized basis and a yield of 1.16%. Osisko Gold Royalties’s dividend payout ratio is presently -82.76%.

Insider Buying and Selling at Osisko Gold Royalties

In related news, Director Victor Bradley sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of C$23.19, for a total transaction of C$115,950.00. In other Osisko Gold Royalties news, Senior Officer Frédéric Ruel sold 33,700 shares of the company’s stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of C$22.20, for a total value of C$748,140.00. Also, Director Victor Bradley sold 5,000 shares of the firm’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of C$23.19, for a total transaction of C$115,950.00. In the last 90 days, insiders have sold 48,700 shares of company stock valued at $1,087,670. Company insiders own 0.38% of the company’s stock.

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.