What is Raymond James’ Estimate for TSE:OR FY2024 Earnings?

Osisko Gold Royalties Ltd (TSE:OR) – Analysts at Raymond James raised their FY2024 earnings estimates for Osisko Gold Royalties in a report released on Tuesday, January 7th. Raymond James analyst B. Macarthur now anticipates 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.

A number of other brokerages also recently commented on OR. CIBC upped their target price on Osisko Gold Royalties from C$36.00 to C$39.00 in a research note on Monday, December 2nd. TD Securities cut shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research note on Monday, November 11th. BMO Capital Markets boosted their target price on shares of Osisko Gold Royalties from C$27.00 to C$28.00 in a research note on Thursday, November 7th. Finally, Stifel Nicolaus increased their target price on shares of Osisko Gold Royalties from C$29.00 to C$31.00 in a research note on Monday, October 21st. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$30.25.

Osisko Gold Royalties Trading Up 0.6 %

TSE OR opened at C$26.76 on Thursday. The company has a fifty day moving average of C$27.16 and a 200 day moving average of C$25.03. The company has a market capitalization of C$4.98 billion, a PE ratio of -53.52, a P/E/G ratio of 1.31 and a beta of 0.90. Osisko Gold Royalties has a 1 year low of C$17.41 and a 1 year high of C$29.57. The company has a debt-to-equity ratio of 7.00, a current ratio of 4.92 and a quick ratio of 0.98.

Insiders Place Their Bets

In related news, Director Duncan Cornell Card sold 10,000 shares of Osisko Gold Royalties stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of C$27.03, for a total transaction of C$270,331.00. 0.38% of the stock is currently owned by corporate insiders.

Osisko Gold Royalties Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Tuesday, December 31st. This represents a $0.26 dividend on an annualized basis and a yield of 0.97%. Osisko Gold Royalties’s payout ratio is currently -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.