$0.02 Earnings Per Share Expected for Osisko gold royalties Ltd (OR) This Quarter

Wall Street brokerages expect that Osisko gold royalties Ltd (NYSE:OR) will post earnings of $0.02 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Osisko gold royalties’ earnings. The lowest EPS estimate is $0.00 and the highest is $0.04. Osisko gold royalties reported earnings per share of $0.01 in the same quarter last year, which would suggest a positive year-over-year growth rate of 100%. The company is scheduled to issue its next quarterly earnings results on Tuesday, February 19th.

According to Zacks, analysts expect that Osisko gold royalties will report full-year earnings of $0.10 per share for the current fiscal year, with EPS estimates ranging from $0.04 to $0.20. For the next financial year, analysts anticipate that the company will report earnings of $0.11 per share, with EPS estimates ranging from $0.03 to $0.28. Zacks’ EPS calculations are an average based on a survey of research firms that cover Osisko gold royalties.

Several research analysts have recently weighed in on OR shares. TheStreet upgraded shares of Osisko gold royalties from a “d” rating to a “c-” rating in a research note on Wednesday, August 22nd. Zacks Investment Research downgraded shares of Osisko gold royalties from a “hold” rating to a “sell” rating in a research note on Tuesday, October 9th. Canaccord Genuity restated a “buy” rating on shares of Osisko gold royalties in a research note on Monday, October 22nd. ValuEngine upgraded shares of Osisko gold royalties from a “sell” rating to a “hold” rating in a research note on Tuesday, October 23rd. Finally, Royal Bank of Canada restated a “buy” rating on shares of Osisko gold royalties in a research note on Friday, November 2nd. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Buy”.

A number of hedge funds and other institutional investors have recently bought and sold shares of OR. Signition LP bought a new position in Osisko gold royalties during the 3rd quarter valued at $118,000. Dimensional Fund Advisors LP boosted its stake in Osisko gold royalties by 53.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 22,121 shares of the basic materials company’s stock valued at $209,000 after acquiring an additional 7,698 shares during the last quarter. BlackRock Inc. boosted its stake in Osisko gold royalties by 132.7% during the 2nd quarter. BlackRock Inc. now owns 26,580 shares of the basic materials company’s stock valued at $252,000 after acquiring an additional 15,159 shares during the last quarter. Bank of America Corp DE boosted its stake in Osisko gold royalties by 173.1% during the 2nd quarter. Bank of America Corp DE now owns 29,747 shares of the basic materials company’s stock valued at $282,000 after acquiring an additional 18,853 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in Osisko gold royalties by 13,375.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 47,567 shares of the basic materials company’s stock valued at $451,000 after acquiring an additional 47,214 shares during the last quarter. Hedge funds and other institutional investors own 49.71% of the company’s stock.

Shares of OR stock traded up $0.04 on Friday, hitting $7.51. The stock had a trading volume of 312,500 shares, compared to its average volume of 573,560. The company has a market capitalization of $1.17 billion, a PE ratio of 53.64, a price-to-earnings-growth ratio of 20.60 and a beta of 0.03. The company has a current ratio of 12.70, a quick ratio of 12.46 and a debt-to-equity ratio of 0.22. Osisko gold royalties has a 52-week low of $7.00 and a 52-week high of $12.10.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Monday, December 31st will be paid a dividend of $0.038 per share. The ex-dividend date is Friday, December 28th. This represents a $0.15 dividend on an annualized basis and a yield of 2.02%. Osisko gold royalties’s dividend payout ratio (DPR) is 107.14%.

About Osisko gold royalties

Osisko Gold Royalties Ltd acquires and manages precious metal and other royalties, streams, and similar interests in Canada and internationally. Its assets include the 5% net smelter return (NSR) royalty on the Canadian Malartic mine; the 2.0% to 3.5% NSR royalty on the Eleonore mine; a 9.6% diamond stream on the Renard diamond mine; a 4% gold and silver stream on the Brucejack gold and silver mine; and a silver stream on the Gibraltar mine, all located in Canada.

See Also: Return on Equity (ROE)

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Earnings History and Estimates for Osisko gold royalties (NYSE:OR)

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