Analysts forecast that Osisko Gold Royalties (NYSE:OR) will announce earnings per share (EPS) of $0.02 for the current quarter, according to Zacks. Zero analysts have issued estimates for Osisko Gold Royalties’ earnings, with the lowest EPS estimate coming in at $0.00 and the highest estimate coming in at $0.03. Osisko Gold Royalties reported earnings of $0.05 per share during the same quarter last year, which would indicate a negative year over year growth rate of 60%. The business is expected to announce its next quarterly earnings results on Thursday, May 3rd.
According to Zacks, analysts expect that Osisko Gold Royalties will report full year earnings of $0.21 per share for the current financial year, with EPS estimates ranging from $0.10 to $0.44. For the next financial year, analysts expect that the company will report earnings of $0.32 per share, with EPS estimates ranging from $0.17 to $0.72. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Osisko Gold Royalties.
Osisko Gold Royalties (NYSE:OR) last posted its quarterly earnings data on Tuesday, February 20th. The basic materials company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.02). Osisko Gold Royalties had a negative net margin of 20.24% and a positive return on equity of 1.45%. The business had revenue of $109.60 million during the quarter, compared to the consensus estimate of $82.45 million. During the same period in the prior year, the company posted $0.07 earnings per share. The firm’s revenue was up 700.0% compared to the same quarter last year.
Several research firms have recently weighed in on OR. Zacks Investment Research cut Osisko Gold Royalties from a “hold” rating to a “sell” rating in a research report on Wednesday, January 24th. Desjardins reissued a “buy” rating on shares of Osisko Gold Royalties in a research report on Monday, December 11th. ValuEngine cut Osisko Gold Royalties from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd. Finally, TheStreet cut Osisko Gold Royalties from a “c” rating to a “d” rating in a research report on Thursday, March 22nd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. Osisko Gold Royalties currently has an average rating of “Hold” and a consensus target price of $18.25.
Shares of OR traded up $0.09 during mid-day trading on Friday, hitting $9.66. The company’s stock had a trading volume of 344,073 shares, compared to its average volume of 680,223. Osisko Gold Royalties has a one year low of $9.31 and a one year high of $14.39. The company has a current ratio of 12.24, a quick ratio of 11.90 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $1,495.08, a price-to-earnings ratio of 69.00, a P/E/G ratio of 8.49 and a beta of 0.44.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Stockholders of record on Friday, March 30th will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 1.66%. This is a boost from Osisko Gold Royalties’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Wednesday, March 28th. Osisko Gold Royalties’s dividend payout ratio is currently 114.29%.
Several institutional investors and hedge funds have recently bought and sold shares of OR. Paloma Partners Management Co lifted its position in Osisko Gold Royalties by 20.2% in the fourth quarter. Paloma Partners Management Co now owns 1,805,305 shares of the basic materials company’s stock worth $20,857,000 after purchasing an additional 302,772 shares during the period. The Manufacturers Life Insurance Company lifted its position in Osisko Gold Royalties by 7.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 649,038 shares of the basic materials company’s stock worth $7,503,000 after purchasing an additional 43,786 shares during the period. Goldman Sachs Group Inc. lifted its position in Osisko Gold Royalties by 14.2% in the fourth quarter. Goldman Sachs Group Inc. now owns 480,003 shares of the basic materials company’s stock worth $5,549,000 after purchasing an additional 59,623 shares during the period. Renaissance Technologies LLC lifted its position in Osisko Gold Royalties by 105.5% in the fourth quarter. Renaissance Technologies LLC now owns 455,356 shares of the basic materials company’s stock worth $5,264,000 after purchasing an additional 233,782 shares during the period. Finally, Swiss National Bank lifted its position in Osisko Gold Royalties by 2.5% in the fourth quarter. Swiss National Bank now owns 199,630 shares of the basic materials company’s stock worth $2,308,000 after purchasing an additional 4,900 shares during the period. 48.84% of the stock is owned by institutional investors.
COPYRIGHT VIOLATION WARNING: This story was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another site, it was illegally copied and reposted in violation of United States and international trademark & copyright legislation. The original version of this story can be accessed at https://www.dispatchtribunal.com/2018/04/07/zacks-analysts-anticipate-osisko-gold-royalties-or-will-announce-earnings-of-0-02-per-share.html.
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.
Get a free copy of the Zacks research report on Osisko Gold Royalties (OR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Osisko Gold Royalties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Osisko Gold Royalties and related companies with MarketBeat.com's FREE daily email newsletter.