HC Wainwright Has Negative Forecast for ELE FY2026 Earnings

Posted by Brenda Bartman on Aug 13th, 2026

Elemental Royalty Corp (NASDAQ:ELE – Free Report) – Equities research analysts at HC Wainwright cut their FY2026 earnings estimates for shares of Elemental Royalty in a note issued to investors on Wednesday, August 12th. HC Wainwright analyst H. Ihle now expects that the company will post earnings of $0.24 per share for the year, down from their previous forecast of $0.35. HC Wainwright currently has a “Buy” rating and a $33.00 target price on the stock. The consensus estimate for Elemental Royalty’s current full-year earnings is $0.37 per share.

Separately, Weiss Ratings cut Elemental Royalty from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $33.00.

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Elemental Royalty Stock Up 5.6%

ELE opened at $20.48 on Thursday. The stock’s fifty day simple moving average is $16.23. The firm has a market cap of $1.32 billion and a price-to-earnings ratio of 1,024.00. Elemental Royalty has a 52 week low of $12.58 and a 52 week high of $26.96.

Elemental Royalty (NASDAQ:ELE – Get Free Report) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.07). Elemental Royalty had a net margin of 4.01% and a return on equity of 0.57%. The business had revenue of $23.79 million during the quarter.

Elemental Royalty Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $0.03 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.12 dividend on an annualized basis and a yield of 0.6%. Elemental Royalty’s payout ratio is currently 600.00%.

Institutional Investors Weigh In On Elemental Royalty

Several hedge funds have recently bought and sold shares of ELE. Bartlett & CO. Wealth Management LLC bought a new position in shares of Elemental Royalty during the first quarter worth $32,000. Investment Counsel Co. of Nevada bought a new stake in shares of Elemental Royalty in the 4th quarter valued at $90,000. Caitlin John LLC bought a new stake in shares of Elemental Royalty in the 4th quarter valued at $97,000. Kestra Advisory Services LLC acquired a new stake in Elemental Royalty during the 4th quarter worth $133,000. Finally, Papamarkou Wellner Asset Management inc. acquired a new stake in Elemental Royalty during the 4th quarter worth $182,000.

Elemental Royalty Company Profile

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Elemental Royalties (NASDAQ: ELE) is a publicly traded company that acquires and manages royalty and streaming interests in the mining sector. The firm focuses on securing long‑lived, low‑cost interests that provide ongoing, contractually defined payments or metal deliveries from producing and near‑term development mineral projects. By targeting royalties and streams rather than operating mines, the company seeks exposure to commodity price upside while avoiding the capital intensity and operating risks of miners.

Elemental Royalties’ activities include sourcing and negotiating royalty and stream transactions, performing technical and commercial due diligence on potential assets, and actively managing a diversified portfolio of interests.