$RGLD

3 stories mentioning RGLDUpdated 35d ago

Every FINWIRES story that references RGLD, newest first.

Research Alert: CFRA Keeps Strong Buy Opinion On Shares Of Royal Gold, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our unchanged 12-month target price of $354 is 24.0x our 2027 EPS estimate, nearly in line with RGLD's two-year average forward P/E of 23.5x and also close to peers' average forward P/E of 25.0x. We trim our 2026 EPS estimate by $0.20 to $12.05 and keep 2027 at $14.75. RGLD's Q1 results demonstrated the benefits of its 2025 transformational acquisitions, with record revenue ($469M), operating cash flow ($294M), and adjusted EPS ($2.72). The company maintains an attractive 83% adjusted EBITDA margin and strong liquidity of ~$1.1B. Management expects to fully repay its $525M revolving credit facility by Q4 2026 from operating cash flow at current metal prices. The portfolio is well-diversified, with no single asset contributing more than 12.5% of revenue, and includes significant growth from Greenstone, Platreef (first revenue expected in Q2), and Warintza (targeting permits by year-end). RGLD added a $600M accordion facility to pursue larger transactions and authorized a $500M buyback program.

$RGLD

Research40d ago

Research Alert: Royal Gold Posts Q1 Miss Despite Impressive Earnings Growth

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Royal Gold posted Q1 revenue of $469.1M, up 143% Y/Y but missing consensus by 1.5%, while adjusted EPS of $2.72 fell $0.03 short of estimates despite 80% Y/Y growth. Results reflect the first full quarter integrating the Sandstorm, Horizon, and Kansanshi acquisitions completed in 2025, with operating cash flow reaching $293.6M and an 83% adjusted EBITDA margin. The transformational acquisition activity repositioned the portfolio with enhanced diversification: 71% gold, 16% silver, 10% copper exposure across 55% North America, 23% South/Central America, 18% EMEA, and 3% Australia Pacific. Management retired $300M of debt during Q1, bringing outstanding balance to $525M and targeting full repayment by early Q1 2027, while authorizing a $500M share repurchase program. We believe the expanded portfolio's scale benefits and geographic diversification address previous concentration risk concerns, though execution depends on mining partners across a wider asset base.

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Wire61d ago

Gold Royalties Offer Better Growth Than Miners Amid Cost Pressures, UBS Says

Gold streaming and royalty companies offer better growth and a stronger hedge against cost inflation than gold miners, with more stable margins and lower execution risk, UBS said in a note Wednesday.The analysts said that during the gold price upcycle last year, miners offered higher operational leverage to metal price upside, while inflationary pressures remained moderate and companies appeared less likely to miss guidance. At the same time, streaming companies like Franco-Nevada (FNV), Wheaton Precious Metals (WPM), and Royal Gold (RGLD) became cheaper relative to their historical valuations, they said.Looking ahead, gold prices are still expected to remain strong, but not rise as sharply as they did in 2025, the analysts said. Meanwhile, miners may face increasing cost pressures, especially from energy and potential disruptions, which could hurt margins, they added."We believe [Franco-Nevada, Wheaton Precious Metals, and Royal Gold] all offer superior near-term and medium-term growth prospects versus most large cap miners," the analysts said.UBS reiterated its buy ratings on Franco-Nevada with a $310 price target and on Wheaton Precious Metals with a $160 price target, and initiated Royal Gold with a buy rating and a $325 price target.Price: $256.03, Change: $-1.26, Percent Change: -0.49%

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