OR Royalties Inc. (NYSE:OR – Free Report) – Stock analysts at Scotiabank lifted their FY2026 earnings per share (EPS) estimates for shares of OR Royalties in a research report issued to clients and investors on Wednesday, August 19th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will post earnings of $1.26 per share for the year, up from their previous forecast of $1.24. Scotiabank has a “Sector Perform” rating and a $42.00 price objective on the stock. The consensus estimate for OR Royalties’ current full-year earnings is $1.25 per share.
A number of other research analysts have also recently weighed in on OR. Weiss Ratings cut OR Royalties from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, July 24th. Royal Bank Of Canada dropped their price target on OR Royalties from $50.00 to $45.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Wall Street Zen lowered shares of OR Royalties from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Zacks Research cut shares of OR Royalties from a “hold” rating to a “strong sell” rating in a research report on Monday, July 13th. Finally, Jefferies Financial Group decreased their price objective on shares of OR Royalties from $40.00 to $34.00 and set a “hold” rating for the company in a research note on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, OR Royalties presently has an average rating of “Hold” and an average price target of $40.50.
OR Royalties Stock Performance
Shares of OR stock opened at $37.52 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.28 and a current ratio of 2.28. The firm has a market capitalization of $6.99 billion, a price-to-earnings ratio of 25.01 and a beta of 0.75. OR Royalties has a one year low of $27.54 and a one year high of $48.06. The company has a 50 day moving average price of $31.65 and a 200 day moving average price of $36.50.
OR Royalties (NYSE:OR – Get Free Report) last released its earnings results on Wednesday, August 5th. The basic materials company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01. OR Royalties had a net margin of 78.04% and a return on equity of 16.41%. The business had revenue of $97.82 million for the quarter, compared to analysts’ expectations of $97.93 million.
OR Royalties Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.065 per share. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 30th. OR Royalties’s payout ratio is presently 16.67%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. FCA Corp TX raised its holdings in OR Royalties by 0.8% in the first quarter. FCA Corp TX now owns 39,647 shares of the basic materials company’s stock valued at $1,507,000 after acquiring an additional 330 shares in the last quarter. Wells Fargo & Company MN grew its holdings in OR Royalties by 6.2% during the 4th quarter. Wells Fargo & Company MN now owns 5,901 shares of the basic materials company’s stock worth $209,000 after acquiring an additional 346 shares in the last quarter. Allworth Financial LP grew its holdings in OR Royalties by 20.0% during the 4th quarter. Allworth Financial LP now owns 2,305 shares of the basic materials company’s stock worth $82,000 after acquiring an additional 384 shares in the last quarter. Cetera Investment Advisers increased its position in shares of OR Royalties by 3.5% in the 2nd quarter. Cetera Investment Advisers now owns 13,147 shares of the basic materials company’s stock worth $337,000 after purchasing an additional 440 shares during the last quarter. Finally, State of Wyoming bought a new stake in shares of OR Royalties in the 1st quarter worth about $28,000. Hedge funds and other institutional investors own 68.52% of the company’s stock.
OR Royalties Company Profile
OR Royalties PLC (NYSE: OR) is a closed-ended investment company that specializes in acquiring and managing royalty interests in life science and pharmaceutical products. The company provides capital to biotechnology, specialty pharmaceutical and medical device companies in exchange for a share of future sales revenues. By focusing on royalties secured against marketed products, OR Royalties aims to deliver income and growth potential while minimizing the development and commercialization risks typically associated with direct equity stakes.
The company’s core activities include sourcing royalty transactions, structuring bespoke financing solutions and actively monitoring a diversified portfolio of assets.
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