Royal Gold Stock Today

RGLD Stock  USD 121.81  2.62  2.20%   

Performance

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Odds Of Distress

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Royal Gold is trading at 121.81 as of the 29th of March 2024, a 2.20 percent increase since the beginning of the trading day. The stock's lowest day price was 118.89. Royal Gold has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Royal Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Materials
IPO Date
26th of March 1990
Category
Basic Materials
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. Royal Gold, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado. Royal Gold operates under Gold classification in the United States and is traded on NASDAQ Exchange. The company has 65.69 M outstanding shares of which 2.6 M shares are at this time shorted by private and institutional investors with about 4.97 trading days to cover. More on Royal Gold

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Moving against Royal Stock

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Royal Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Royal Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Royal Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOTony Jensen
Thematic IdeaGold and Gold Mining (View all Themes)
Business ConcentrationMetals & Mining, Materials, Basic Materials, Philadelphia GoldSilver, ARCA Gold BUGS, Stlmt ID PHLX, NASDAQ Composite, SP Midcap 400, NASDAQ Composite Total, Gold and Gold Mining, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering Royal Gold report their recommendations after researching Royal Gold's financial statements, talking to executives and customers, or listening in on Royal Gold's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Royal Gold. The Royal consensus assessment is calculated by taking the average forecast from all of the analysts covering Royal Gold.
Royal Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Royal Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Royal Gold's financial leverage. It provides some insight into what part of Royal Gold's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Royal Gold's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Royal Gold deploys its capital and how much of that capital is borrowed.
Liquidity
Royal Gold cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 571.57 M in liabilities with Debt to Equity (D/E) ratio of 0.0, which may suggest the company is not taking enough advantage from borrowing. Royal Gold has a current ratio of 5.21, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Royal Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Royal Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Royal Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Royal to invest in growth at high rates of return. When we think about Royal Gold's use of debt, we should always consider it together with cash and equity.

Change In Cash

(91.77 Million)
Royal Gold (RGLD) is traded on NASDAQ Exchange in USA. It is located in 1144 15th Street, Denver, CO, United States, 80202-1161 and employs 30 people. Royal Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Royal Gold's market, we take the total number of its shares issued and multiply it by Royal Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Royal Gold conducts business under Metals & Mining sector and is part of Materials industry. The entity has 65.69 M outstanding shares of which 2.6 M shares are at this time shorted by private and institutional investors with about 4.97 trading days to cover. Royal Gold currently holds about 280.62 M in cash with 417.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.28.
Check Royal Gold Probability Of Bankruptcy
Ownership Allocation
Royal Gold owns a total of 65.69 Million outstanding shares. The majority of Royal Gold outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Royal Gold to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Royal Gold. Please pay attention to any change in the institutional holdings of Royal Gold as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Royal Ownership Details

Royal Stock Price Odds Analysis

What are Royal Gold's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Royal Gold jumping above the current price in 90 days from now is about 7.23%. The Royal Gold probability density function shows the probability of Royal Gold stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.9071 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Royal Gold will likely underperform. Additionally, royal Gold has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 121.81HorizonTargetOdds Above 121.81
92.69%90 days
 121.81 
7.23%
Based on a normal probability distribution, the odds of Royal Gold to move above the current price in 90 days from now is about 7.23 (This Royal Gold probability density function shows the probability of Royal Stock to fall within a particular range of prices over 90 days) .

Royal Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Royal Gold that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Royal Gold's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Royal Gold's value.
InstituionRecorded OnShares
Kopernik Global Investors, Llc2023-12-31
671.7 K
Millennium Management Llc2023-12-31
602 K
Dimensional Fund Advisors, Inc.2023-12-31
591.1 K
Morgan Stanley - Brokerage Accounts2023-12-31
512.9 K
Charles Schwab Investment Management Inc2023-12-31
463.2 K
T. Rowe Price Investment Management,inc.2023-12-31
420.8 K
Renaissance Technologies Corp2023-12-31
374 K
Amundi2023-12-31
372.9 K
Clearbridge Advisors, Llc2023-12-31
349.7 K
Capital World Investors2023-12-31
8.2 M
Blackrock Inc2023-12-31
6.9 M
View Royal Gold Diagnostics

Royal Gold Historical Income Statement

Royal Gold Income Statement is one of the three primary financial statements used for reporting Royal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Royal Gold revenue and expense. Royal Gold Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Royal Gold's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 728.4 M, whereas Selling And Marketing Expenses is forecasted to decline to 282.15. View More Fundamentals

Royal Stock Against Markets

Picking the right benchmark for Royal Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Royal Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Royal Gold is critical whether you are bullish or bearish towards Royal Gold at a given time. Please also check how Royal Gold's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Royal Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Royal Gold Corporate Directors

Royal Gold corporate directors refer to members of a Royal Gold board of directors. The board of directors generally takes responsibility for the Royal Gold's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Royal Gold's board members must vote for the resolution. The Royal Gold board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Christopher ThompsonIndependent DirectorProfile
Ronald VanceDirectorProfile
Craig HaaseIndependent DirectorProfile
Kevin McArthurIndependent DirectorProfile

How to buy Royal Stock?

Before investing in Royal Gold, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Royal Gold. To buy Royal Gold stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Royal Gold. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Royal Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Royal Gold stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Royal Gold stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Royal Gold, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Royal Stock please use our How to Invest in Royal Gold guide.

Already Invested in Royal Gold?

The danger of trading Royal Gold is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Royal Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Royal Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Royal Gold is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Royal Gold is a strong investment it is important to analyze Royal Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Royal Gold's future performance. For an informed investment choice regarding Royal Stock, refer to the following important reports:
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 tightly coupled 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Royal Gold's price analysis, check to measure Royal Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Royal Gold is operating at the current time. Most of Royal Gold's value examination focuses on studying past and present price action to predict the probability of Royal Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Gold's price. Additionally, you may evaluate how the addition of Royal Gold to your portfolios can decrease your overall portfolio volatility.
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Is Royal Gold's industry 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
3.63
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.
Please note, there is a significant difference between Royal Gold's value and its price as these two are different measures arrived at by different 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.