Royal Gold (RGLD) Earns Media Impact Rating of 0.37
Press coverage about Royal Gold (NASDAQ:RGLD) (TSE:RGL) has trended positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Royal Gold earned a news sentiment score of 0.37 on Accern’s scale. Accern also gave press coverage about the basic materials company an impact score of 47.1078013746108 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- Insider Selling: Royal Gold, Inc (RGLD) CFO Sells 1,500 Shares of Stock (americanbankingnews.com)
- Will 2018 Be Royal Gold, Inc.'s Best Year Yet? (finance.yahoo.com)
- Gold Mining Stocks Keep Falling, Know This Trade Level (inthemoneystocks.com)
- Royal Gold (RGLD) Receives New Coverage from Analysts at TD Securities (americanbankingnews.com)
A number of equities analysts have recently commented on the stock. B. Riley reaffirmed a “neutral” rating on shares of Royal Gold in a report on Wednesday, November 1st. TD Securities assumed coverage on shares of Royal Gold in a report on Friday, December 8th. They set a “buy” rating for the company. Zacks Investment Research raised shares of Royal Gold from a “hold” rating to a “strong-buy” rating and set a $94.00 price objective for the company in a report on Wednesday, December 6th. FBR & Co raised their price objective on shares of Royal Gold from $81.00 to $85.00 and gave the stock a “market perform” rating in a report on Wednesday, August 16th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $113.00 price objective on shares of Royal Gold in a report on Sunday, October 1st. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $96.28.
Shares of Royal Gold (RGLD) traded down $0.02 during mid-day trading on Thursday, reaching $84.64. 385,328 shares of the company traded hands, compared to its average volume of 530,809. Royal Gold has a 12-month low of $60.21 and a 12-month high of $94.39. The company has a market cap of $5,480.00, a P/E ratio of 56.76, a P/E/G ratio of 4.73 and a beta of 0.46. The company has a quick ratio of 3.73, a current ratio of 3.92 and a debt-to-equity ratio of 0.23.
Royal Gold (NASDAQ:RGLD) (TSE:RGL) last announced its quarterly earnings results on Wednesday, November 1st. The basic materials company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.07. Royal Gold had a net margin of 23.06% and a return on equity of 4.12%. The firm had revenue of $112.50 million during the quarter, compared to the consensus estimate of $112.43 million. During the same period last year, the firm posted $0.46 EPS. The firm’s quarterly revenue was down 4.7% on a year-over-year basis. equities research analysts predict 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. Investors of record on Friday, January 5th will be issued a dividend of $0.25 per share. This is an increase from Royal Gold’s previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend is Thursday, January 4th. Royal Gold’s dividend payout ratio (DPR) is currently 62.34%.
In related news, CFO Stefan Wenger sold 1,500 shares of Royal Gold stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $85.88, for a total transaction of $128,820.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 4,500 shares of company stock valued at $383,820 over the last three months. 1.12% of the stock is currently owned by insiders.
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Royal Gold Company Profile
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.
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