FY2026 Earnings Estimate for DRDGOLD Issued By HC Wainwright

DRDGOLD Limited (NYSE:DRD) – Research analysts at HC Wainwright upped their FY2026 EPS estimates for DRDGOLD in a research note issued to investors on Thursday, July 16th. HC Wainwright analyst H. Ihle now anticipates that the basic materials company will post earnings of $2.26 per share for the year, up from their prior forecast of $2.21. HC Wainwright currently has a “Buy” rating and a $35.00 price target on the stock. The consensus estimate for DRDGOLD’s current full-year earnings is $2.93 per share.

Several other research firms have also recently commented on DRD. Zacks Research cut shares of DRDGOLD from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Wall Street Zen lowered shares of DRDGOLD from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 4th. Finally, Weiss Ratings cut shares of DRDGOLD from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $35.00.

DRDGOLD Stock Up 0.1%

DRD stock opened at $19.91 on Monday. The company has a 50-day simple moving average of $23.96 and a 200 day simple moving average of $29.35. DRDGOLD has a fifty-two week low of $13.25 and a fifty-two week high of $39.37.

Institutional Trading of DRDGOLD

Several institutional investors have recently modified their holdings of the company. AQR Capital Management LLC bought a new position in DRDGOLD during the first quarter valued at about $1,759,000. JPMorgan Chase & Co. raised its position in DRDGOLD by 7,065.0% in the second quarter. JPMorgan Chase & Co. now owns 30,093 shares of the basic materials company’s stock worth $401,000 after acquiring an additional 29,673 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its position in DRDGOLD by 75.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 291,249 shares of the basic materials company’s stock worth $3,882,000 after acquiring an additional 124,831 shares in the last quarter. Jane Street Group LLC raised its position in DRDGOLD by 174.4% in the second quarter. Jane Street Group LLC now owns 124,255 shares of the basic materials company’s stock worth $1,656,000 after acquiring an additional 78,978 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in DRDGOLD by 138.0% in the 2nd quarter. Bank of America Corp DE now owns 42,846 shares of the basic materials company’s stock valued at $571,000 after acquiring an additional 24,845 shares during the last quarter. Institutional investors and hedge funds own 14.70% of the company’s stock.

DRDGOLD Company Profile

DRDGOLD (NYSE: DRD) is a South African gold producer focused on the retreatment of surface tailings from historic mining operations on the Witwatersrand Basin. The company recovers fine gold particles from low‐grade tailings using an integrated, carbon‐in‐leach (CIL) processing circuit that is designed to maximize yield and minimize environmental impact. DRDGOLD’s operations are centered on sustainable resource utilization, transforming previously discarded material into saleable gold doré bars.

The company operates two primary tailings retreatment facilities on the West Rand and East Rand of Gauteng Province.