Osisko gold royalties Ltd (TSE:OR) – Investment analysts at Cormark cut their Q1 2018 earnings per share (EPS) estimates for Osisko gold royalties in a research note issued on Wednesday. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.04 for the quarter, down from their prior forecast of $0.06. Cormark also issued estimates for Osisko gold royalties’ Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.04 EPS, Q4 2018 earnings at $0.05 EPS, FY2018 earnings at $0.17 EPS, Q1 2019 earnings at $0.06 EPS, Q2 2019 earnings at $0.06 EPS, Q3 2019 earnings at $0.06 EPS and Q4 2019 earnings at $0.06 EPS.
Several other equities analysts have also commented on OR. National Bank Financial decreased their price target on Osisko gold royalties from C$18.50 to C$16.25 and set an “outperform” rating on the stock in a research note on Wednesday. TD Securities raised Osisko gold royalties from a “hold” rating to a “buy” rating and decreased their price target for the company from C$17.50 to C$16.50 in a research note on Wednesday. Scotiabank decreased their price target on Osisko gold royalties from C$19.00 to C$18.50 and set an “outperform” rating on the stock in a research note on Wednesday. Eight Capital decreased their price target on Osisko gold royalties from C$17.60 to C$15.25 in a research note on Wednesday. Finally, Raymond James Financial decreased their price target on Osisko gold royalties from C$19.00 to C$18.00 and set an “outperform” rating on the stock in a research note on Wednesday. One research analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of C$18.00.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Friday, March 30th will be issued a $0.05 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $0.20 annualized dividend and a dividend yield of 1.62%. Osisko gold royalties’s dividend payout ratio is presently 62.96%.
COPYRIGHT VIOLATION WARNING: “Q1 2018 EPS Estimates for Osisko gold royalties Ltd (OR) Decreased by Analyst” was first posted by Ticker Report and is the property of of Ticker Report. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright & trademark law. The original version of this story can be accessed at https://www.tickerreport.com/banking-finance/3213669/q1-2018-eps-estimates-for-osisko-gold-royalties-ltd-or-decreased-by-analyst.html.
About Osisko gold royalties
Osisko Gold Royalties Ltd (Osisko) is a Canada-based company engaged in the business of acquiring and managing precious metal and other interests in Canada and across the world. The Company’s assets include the Canadian Malartic mine, located in Malartic, Quebec and Eleonore mine, located in the James Bay area in Quebec.
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.