Cormark Comments on OR Royalties’ FY2025 Earnings (NYSE:OR)

OR Royalties Inc. (NYSE:OR) – Cormark boosted their FY2025 EPS estimates for shares of OR Royalties in a report issued on Friday, November 7th. Cormark analyst N. Dion now anticipates that the basic materials company will post earnings per share of $0.82 for the year, up from their previous forecast of $0.77. The consensus estimate for OR Royalties’ current full-year earnings is $0.62 per share.

OR Royalties (NYSE:OR) last posted its quarterly earnings data on Wednesday, November 5th. The basic materials company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $71.63 million during the quarter, compared to analyst estimates of $53.85 million. OR Royalties had a net margin of 35.25% and a return on equity of 8.56%.

OR has been the topic of a number of other research reports. Raymond James Financial raised OR Royalties from a “market perform” rating to an “outperform” rating and set a $41.00 price target on the stock in a research note on Thursday, November 6th. Weiss Ratings raised OR Royalties from a “hold (c+)” rating to a “buy (b)” rating in a research note on Friday. Jefferies Financial Group reaffirmed a “hold” rating and set a $40.00 price objective (up previously from $34.00) on shares of OR Royalties in a research note on Monday, October 6th. Wall Street Zen raised shares of OR Royalties from a “hold” rating to a “buy” rating in a research report on Saturday, October 4th. Finally, Zacks Research upgraded shares of OR Royalties from a “hold” rating to a “strong-buy” rating in a report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $36.25.

OR Royalties Stock Up 0.2%

Shares of NYSE OR opened at $32.40 on Monday. The firm has a market cap of $6.10 billion, a P/E ratio of 87.57 and a beta of 0.72. The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.73 and a current ratio of 4.73. OR Royalties has a 1 year low of $17.55 and a 1 year high of $42.25. The firm’s 50 day moving average price is $35.81 and its 200 day moving average price is $30.07.

OR Royalties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be issued a $0.055 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $0.22 annualized dividend and a yield of 0.7%. OR Royalties’s dividend payout ratio (DPR) is presently 29.73%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of OR. Plato Investment Management Ltd purchased a new position in shares of OR Royalties during the 1st quarter valued at approximately $56,000. Summit Securities Group LLC bought a new position in OR Royalties during the 1st quarter valued at $62,000. Eagle Global Advisors LLC acquired a new position in OR Royalties during the 3rd quarter worth $206,000. Hsbc Holdings PLC acquired a new position in OR Royalties during the 1st quarter worth $208,000. Finally, Merit Financial Group LLC bought a new stake in shares of OR Royalties in the 3rd quarter worth about $215,000. 68.52% of the stock is owned by institutional investors and hedge funds.

About OR Royalties

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.