Cormark Brokers Increase Earnings Estimates for OR

Osisko Gold Royalties Ltd (NYSE:OR) – Equities researchers at Cormark lifted their FY2025 earnings estimates for Osisko Gold Royalties in a note issued to investors on Friday, November 8th. Cormark analyst N. Dion now anticipates that the basic materials company will earn $0.63 per share for the year, up from their previous estimate of $0.58. The consensus estimate for Osisko Gold Royalties’ current full-year earnings is $0.48 per share.

A number of other research analysts have also recently commented on the company. Royal Bank of Canada cut their target price on Osisko Gold Royalties from $21.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 10th. Jefferies Financial Group increased their target price on Osisko Gold Royalties from $19.00 to $22.00 and gave the stock a “buy” rating in a research note on Friday, October 4th. TD Securities lowered shares of Osisko Gold Royalties from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, TD Cowen downgraded shares of Osisko Gold Royalties from a “buy” rating to a “hold” rating in a research note on Monday.

Osisko Gold Royalties Stock Performance

Shares of NYSE:OR opened at $18.58 on Monday. The company has a current ratio of 4.40, a quick ratio of 4.92 and a debt-to-equity ratio of 0.05. Osisko Gold Royalties has a 12 month low of $11.89 and a 12 month high of $21.29. The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of -88.48 and a beta of 1.03. The firm’s 50-day moving average is $19.06 and its 200 day moving average is $17.49.

Institutional Trading of Osisko Gold Royalties

Several institutional investors and hedge funds have recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its position in Osisko Gold Royalties by 125.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,645 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 916 shares in the last quarter. Capital Performance Advisors LLP purchased a new position in Osisko Gold Royalties in the third quarter valued at about $58,000. Point72 DIFC Ltd bought a new position in Osisko Gold Royalties in the second quarter worth about $71,000. US Bancorp DE lifted its position in shares of Osisko Gold Royalties by 32.1% during the third quarter. US Bancorp DE now owns 10,629 shares of the basic materials company’s stock valued at $197,000 after buying an additional 2,584 shares during the last quarter. Finally, Squarepoint Ops LLC purchased a new stake in shares of Osisko Gold Royalties during the second quarter valued at about $211,000. 68.52% of the stock is currently owned by institutional investors.

Osisko Gold Royalties Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.048 per share. This is an increase from Osisko Gold Royalties’s previous quarterly dividend of $0.05. The ex-dividend date is Tuesday, December 31st. This represents a $0.19 dividend on an annualized basis and a dividend yield of 1.03%. Osisko Gold Royalties’s dividend payout ratio is presently -90.48%.

Osisko Gold Royalties Company Profile

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.