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Shares of Royal Gold, Inc USA) (NASDAQ:RGLD) have earned a consensus rating of “Buy” from the fourteen brokerages that are currently covering the stock, American Banking & Market News reports. Five investment analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is $70.81.

Shares of Royal Gold, Inc USA) (NASDAQ:RGLD) traded up 0.36% on Tuesday, hitting $74.9001. The stock had a trading volume of 131,543 shares. Royal Gold, Inc USA) has a 52-week low of $40.59 and a 52-week high of $77.22. The stock’s 50-day moving average is $67.97 and its 200-day moving average is $63.22. The company has a market cap of $4.877 billion and a price-to-earnings ratio of 85.39.

Royal Gold, Inc USA) (NASDAQ:RGLD) last announced its earnings results on Thursday, May 1st. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.24 by $0.07. The company had revenue of $57.75 million for the quarter, compared to the consensus estimate of $69.20 million. During the same quarter in the prior year, the company posted $0.37 earnings per share. The company’s quarterly revenue was down 22.1% on a year-over-year basis. On average, analysts predict that Royal Gold, Inc USA) will post $1.03 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, July 18th. Shareholders of record on Thursday, July 3rd will be given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Tuesday, July 1st.

A number of analysts have recently weighed in on RGLD shares. Analysts at Morgan Stanley raised their price target on shares of Royal Gold, Inc USA) from $77.00 to $80.00 in a research note on Tuesday. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Royal Gold, Inc USA) in a research note on Friday, May 2nd. They now have a $72.00 price target on the stock.

Royal Gold, Inc (NASDAQ:RGLD) together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties and similar interests.

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