HC Wainwright Predicts Weaker Earnings for Elemental Royalty

Elemental Royalty Corp (NASDAQ:ELE) – Research analysts at HC Wainwright reduced their FY2026 earnings estimates for shares of Elemental Royalty in a research note issued to investors on Thursday, May 14th. HC Wainwright analyst H. Ihle now expects that the company will earn $0.26 per share for the year, down from their previous forecast of $0.46. HC Wainwright has a “Buy” rating and a $32.50 price target on the stock.

Several other research firms also recently commented on ELE. Zacks Research upgraded shares of Elemental Royalty to a “hold” rating in a research report on Thursday, April 9th. Weiss Ratings began coverage on shares of Elemental Royalty in a research report on Tuesday, January 27th. They issued a “hold (c)” rating for the company. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $32.50.

Elemental Royalty Stock Up 0.6%

ELE stock opened at $16.96 on Tuesday. The firm has a fifty day simple moving average of $19.24. Elemental Royalty has a 12 month low of $9.90 and a 12 month high of $26.96.

Elemental Royalty (NASDAQ:ELE) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.10). The company had revenue of $24.32 million for the quarter.

Hedge Funds Weigh In On Elemental Royalty

Large investors have recently bought and sold shares of the company. Kestra Advisory Services LLC purchased a new position in Elemental Royalty during the 4th quarter worth $133,000. Caitlin John LLC purchased a new position in Elemental Royalty during the 4th quarter worth $97,000. Amundi purchased a new position in Elemental Royalty during the 1st quarter worth $12,813,000. Regal Partners Ltd purchased a new position in Elemental Royalty during the 1st quarter worth $203,000. Finally, Aspen Grove Capital LLC purchased a new position in Elemental Royalty during the 1st quarter worth $1,331,000.

Elemental Royalty Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.03 per share. The ex-dividend date was Tuesday, March 31st. This represents a $0.12 dividend on an annualized basis and a yield of 0.7%.

Elemental Royalty Company Profile

Elemental Royalties (NASDAQ: ELE) is a publicly traded company that acquires and manages royalty and streaming interests in the mining sector. The firm focuses on securing long‑lived, low‑cost interests that provide ongoing, contractually defined payments or metal deliveries from producing and near‑term development mineral projects. By targeting royalties and streams rather than operating mines, the company seeks exposure to commodity price upside while avoiding the capital intensity and operating risks of miners.

Elemental Royalties’ activities include sourcing and negotiating royalty and stream transactions, performing technical and commercial due diligence on potential assets, and actively managing a diversified portfolio of interests.