Is Royal Gold Stock a Good Investment?
Royal Gold Investment Advice | RGLD |
- Examine Royal Gold's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Royal Gold's leadership team and their track record. Good management can help Royal Gold navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Metals & Mining space and any emerging trends that could impact Royal Gold's business and its evolving consumer preferences.
- Compare Royal Gold's performance and market position to its competitors. Analyze how Royal Gold is positioned in terms of product offerings, innovation, and market share.
- Check if Royal Gold pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Royal Gold's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Royal Gold stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Royal Gold is a good investment.
Sell | Buy |
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Royal Gold Stock
Researching Royal Gold's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 88.0% of the company shares are owned by institutional investors. The book value of Royal Gold was at this time reported as 39.48. The company has Price/Earnings To Growth (PEG) ratio of 1.41. Royal Gold last dividend was issued on the 3rd of January 2025.
To determine if Royal Gold is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Royal Gold's research are outlined below:
| Royal Gold has a strong financial position based on the latest SEC filings | |
| Over 88.0% of the company shares are owned by institutional investors | |
| On 18th of October 2024 Royal Gold paid $ 0.4 per share dividend to its current shareholders | |
| Latest headline from investing.com: Royal Gold updates bylaws and extends officer terms |
Royal Gold Quarterly Accounts Payable |
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Royal Gold uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Royal Gold. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Royal Gold's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Royal Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Royal Gold's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2006-08-17 | 2006-06-30 | 0.17 | 0.15 | -0.02 | 11 | ||
2000-05-04 | 2000-03-31 | 0.04 | 0.06 | 0.02 | 50 | ||
2010-08-12 | 2010-06-30 | 0.24 | 0.21 | -0.03 | 12 | ||
2007-11-01 | 2007-09-30 | 0.23 | 0.2 | -0.03 | 13 | ||
2011-05-05 | 2011-03-31 | 0.39 | 0.35 | -0.04 | 10 | ||
2011-02-03 | 2010-12-31 | 0.29 | 0.33 | 0.04 | 13 | ||
2010-11-04 | 2010-09-30 | 0.25 | 0.21 | -0.04 | 16 | ||
2010-02-04 | 2009-12-31 | 0.19 | 0.23 | 0.04 | 21 |
Know Royal Gold's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Royal Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Royal Gold backward and forwards among themselves. Royal Gold's institutional investor refers to the entity that pools money to purchase Royal Gold's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of New York Mellon Corp | 2024-06-30 | 835 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 828.6 K | Amvescap Plc. | 2024-06-30 | 711.9 K | Kopernik Global Investors, Llc | 2024-06-30 | 648.7 K | T. Rowe Price Associates, Inc. | 2024-06-30 | 564 K | Bank Of America Corp | 2024-06-30 | 525.4 K | Aqr Capital Management Llc | 2024-06-30 | 483.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 479.1 K | Renaissance Technologies Corp | 2024-09-30 | 445.8 K | Capital World Investors | 2024-09-30 | 8.7 M | Blackrock Inc | 2024-06-30 | 7 M |
Royal Gold's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.8 B.Market Cap |
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Royal Gold's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | 0.09 | 0.10 | |
| Return On Assets | 0.07 | 0.07 | |
| Return On Equity | 0.08 | 0.09 |
Determining Royal Gold's profitability involves analyzing its financial statements and using various financial metrics to determine if Royal Gold is a good buy. For example, gross profit margin measures Royal Gold's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Royal Gold's profitability and make more informed investment decisions.
Royal Gold's Earnings Breakdown by Geography
Please note, the presentation of Royal Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Royal Gold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Royal Gold's management manipulating its earnings.
Evaluate Royal Gold's management efficiency
Royal Gold has return on total asset (ROA) of 0.0744 % which means that it generated a profit of $0.0744 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1099 %, meaning that it created $0.1099 on every $100 dollars invested by stockholders. Royal Gold's management efficiency ratios could be used to measure how well Royal Gold manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.07. The current year's Return On Capital Employed is expected to grow to 0.1. At present, Royal Gold's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 119.8 M, whereas Debt To Assets are forecasted to decline to 0.07.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 44.21 | 46.42 | |
| Tangible Book Value Per Share | 44.21 | 46.42 | |
| Enterprise Value Over EBITDA | 17.27 | 16.75 | |
| Price Book Value Ratio | 2.75 | 4.85 | |
| Enterprise Value Multiple | 17.27 | 16.75 | |
| Price Fair Value | 2.75 | 4.85 | |
| Enterprise Value | 8.1 B | 8.5 B |
The decision-making processes within Royal Gold are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Dividend Yield 0.0121 | Forward Dividend Yield 0.0121 | Forward Dividend Rate 1.8 | Beta 0.647 |
Basic technical analysis of Royal Stock
As of the 25th of November, Royal Gold holds the Coefficient Of Variation of 1293.37, semi deviation of 1.58, and Risk Adjusted Performance of 0.0645. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Royal Gold, as well as the relationship between them. Please check Royal Gold jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Royal Gold is priced some-what accurately, providing market reflects its current price of 148.99 per share. Given that Royal Gold has jensen alpha of 0.0756, we recommend you to check out Royal Gold's recent market performance to make sure the company can sustain itself at a future point.Royal Gold's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Royal Gold insiders, such as employees or executives, is commonly permitted as long as it does not rely on Royal Gold's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Royal Gold insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Royal Gold's Outstanding Corporate Bonds
Royal Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Royal Gold uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Royal bonds can be classified according to their maturity, which is the date when Royal Gold has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View |
Understand Royal Gold's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Royal Gold's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0645 | |||
| Market Risk Adjusted Performance | 0.3712 | |||
| Mean Deviation | 1.21 | |||
| Semi Deviation | 1.58 | |||
| Downside Deviation | 1.77 | |||
| Coefficient Of Variation | 1293.37 | |||
| Standard Deviation | 1.6 | |||
| Variance | 2.56 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0756 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.3612 | |||
| Maximum Drawdown | 7.4 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 2.44 | |||
| Downside Variance | 3.14 | |||
| Semi Variance | 2.5 | |||
| Expected Short fall | (1.17) | |||
| Skewness | (0.31) | |||
| Kurtosis | 0.6473 |
| Risk Adjusted Performance | 0.0645 | |||
| Market Risk Adjusted Performance | 0.3712 | |||
| Mean Deviation | 1.21 | |||
| Semi Deviation | 1.58 | |||
| Downside Deviation | 1.77 | |||
| Coefficient Of Variation | 1293.37 | |||
| Standard Deviation | 1.6 | |||
| Variance | 2.56 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0756 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.3612 | |||
| Maximum Drawdown | 7.4 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 2.44 | |||
| Downside Variance | 3.14 | |||
| Semi Variance | 2.5 | |||
| Expected Short fall | (1.17) | |||
| Skewness | (0.31) | |||
| Kurtosis | 0.6473 |
Consider Royal Gold's intraday indicators
Royal Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Royal Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Royal Gold Corporate Filings
8K | 20th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 15th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Royal Stock media impact
Far too much social signal, news, headlines, and media speculation about Royal Gold that are available to investors today. That information is available publicly through Royal media outlets and privately through word of mouth or via Royal internal channels. However, regardless of the origin, that massive amount of Royal data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Royal Gold news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Royal Gold relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Royal Gold's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Royal Gold alpha.
Royal Gold Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Royal Gold can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Royal Gold Historical Investor Sentiment
Investor biases related to Royal Gold's public news can be used to forecast risks associated with an investment in Royal. The trend in average sentiment can be used to explain how an investor holding Royal can time the market purely based on public headlines and social activities around Royal Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Royal Gold's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Royal Gold and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Royal Gold news discussions. The higher the estimate score, the more favorable the investor's outlook on Royal Gold.
Royal Gold Corporate Management
| Laura JD | Corporate VP | Profile | |
| David Esq | Corporate VP | Profile | |
| Paul Libner | CFO Treasurer | Profile | |
| Alistair Baker | VP Devel | Profile | |
| Martin PEng | Senior Operations | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Royal Stock refer to our How to Trade Royal Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Royal Gold. If investors know Royal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Royal Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.142 | Dividend Share 0.6 | Earnings Share 4.37 | Revenue Per Share 9.842 | Quarterly Revenue Growth 0.059 |
The market value of Royal Gold is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Gold's value that differs from its market value or its book value, called intrinsic value, which is Royal Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Royal Gold's market value can be influenced by many factors that don't directly affect Royal Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Royal Gold's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Royal Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.