Royal Gold (RGLD) Earns Coverage Optimism Rating of 0.20

News headlines about Royal Gold (NASDAQ:RGLD) (TSE:RGL) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Royal Gold earned a news impact score of 0.20 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 45.2954400064325 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the news articles that may have impacted Accern’s scoring:

Shares of Royal Gold (NASDAQ RGLD) traded up $0.11 during trading on Monday, hitting $83.28. The stock had a trading volume of 555,314 shares, compared to its average volume of 686,960. The stock has a market capitalization of $5,450.00, a price-to-earnings ratio of 54.08, a P/E/G ratio of 4.72 and a beta of 0.46. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.73 and a current ratio of 3.92. Royal Gold has a 1 year low of $61.00 and a 1 year high of $94.39.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last announced its quarterly earnings results on Wednesday, November 1st. The basic materials company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.37 by $0.07. The firm had revenue of $112.50 million for the quarter, compared to analyst estimates of $112.43 million. Royal Gold had a return on equity of 4.12% and a net margin of 23.06%. The business’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.46 earnings per share. research analysts forecast that Royal Gold will post 1.76 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 19th. Stockholders of record on Friday, January 5th will be paid a dividend of $0.25 per share. The ex-dividend date is Thursday, January 4th. This represents a $1.00 annualized dividend and a dividend yield of 1.20%. This is a positive change from Royal Gold’s previous quarterly dividend of $0.24. Royal Gold’s dividend payout ratio (DPR) is currently 64.94%.

Several research firms have recently weighed in on RGLD. B. Riley reiterated a “neutral” rating on shares of Royal Gold in a research report on Wednesday, November 1st. Cantor Fitzgerald began coverage on Royal Gold in a research report on Thursday. They set a “buy” rating and a $105.00 target price for the company. Canaccord Genuity reiterated a “buy” rating and set a $113.00 target price on shares of Royal Gold in a research report on Sunday, October 1st. TD Securities decreased their target price on Royal Gold from $110.00 to $105.00 and set a “buy” rating for the company in a research report on Friday, December 29th. Finally, BidaskClub upgraded Royal Gold from a “strong sell” rating to a “sell” rating in a research report on Friday, December 22nd. One analyst has rated the stock with a sell rating, nine have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $96.71.

In other news, CFO Stefan Wenger sold 1,500 shares of the firm’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $85.00, for a total transaction of $127,500.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.12% of the company’s stock.

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About Royal Gold

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.

Insider Buying and Selling by Quarter for Royal Gold (NASDAQ:RGLD)

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