Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) is scheduled to release its earnings data before the market opens on Wednesday, November 1st. Analysts expect Royal Gold to post earnings of $0.42 per share for the quarter.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last posted its quarterly earnings data on Wednesday, August 9th. The basic materials company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.02). Royal Gold had a return on equity of 4.19% and a net margin of 23.03%. The firm had revenue of $108.90 million for the quarter, compared to analyst estimates of $108.72 million. During the same period in the prior year, the company posted $0.32 EPS. The firm’s quarterly revenue was up 15.7% compared to the same quarter last year. On average, analysts expect Royal Gold to post $1.48 EPS for the current fiscal year and $1.6 EPS for the next fiscal year.

Royal Gold, Inc. (NASDAQ:RGLD) opened at 86.39 on Wednesday. The firm has a market cap of $5.64 billion, a P/E ratio of 55.74 and a beta of 0.57. Royal Gold, Inc. has a 12-month low of $60.21 and a 12-month high of $94.39. The firm’s 50-day moving average price is $88.92 and its 200 day moving average price is $82.10.

The business also recently announced a quarterly dividend, which was paid on Friday, October 20th. Shareholders of record on Friday, October 6th were given a $0.24 dividend. The ex-dividend date was Thursday, October 5th. This represents a $0.96 dividend on an annualized basis and a yield of 1.11%. Royal Gold’s dividend payout ratio is currently 61.54%.

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In other news, CFO Stefan Wenger sold 1,500 shares of Royal Gold stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $85.88, for a total transaction of $128,820.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman William M. Hayes sold 10,850 shares of Royal Gold stock in a transaction on Wednesday, August 16th. The stock was sold at an average price of $86.35, for a total transaction of $936,897.50. The disclosure for this sale can be found here. In the last quarter, insiders have sold 80,216 shares of company stock worth $7,058,788. 1.12% of the stock is owned by company insiders.

A number of analysts have weighed in on RGLD shares. Zacks Investment Research lowered shares of Royal Gold from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Canaccord Genuity restated a “buy” rating and issued a $113.00 target price on shares of Royal Gold in a research report on Sunday, October 1st. Royal Bank Of Canada set a $89.00 target price on shares of Royal Gold and gave the company a “buy” rating in a research report on Monday. BidaskClub upgraded shares of Royal Gold from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 25th. Finally, Macquarie lowered shares of Royal Gold from an “outperform” rating to a “neutral” rating in a research report on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $93.32.

Royal Gold Company Profile

Royal Gold, Inc, together with its subsidiaries, is engaged in acquiring and managing precious metal streams, royalties and similar interests. The Company operates through two segments: Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. Its assets are located in Canada, Chile, Dominican Republic, Mexico, the United States, Africa, Australia and Other.

Earnings History for Royal Gold (NASDAQ:RGLD)

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