There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Royal Gold Inc. (RGLD) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.18, or 0.16%, to $112.75. The Royal Gold Inc. has recorded 121,630 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Royal Gold Presenting at the Gold Forum Americas 2023.
As a NASDAQ listed company, RGLD falls under the Basic Materials sector while operating within the Gold industry segment. At the end of the last regular session, the stock closed at $112.57 and fluctuated between $113.11 as its day high and $111.21 as its day low. The current market capitalization of Royal Gold Inc. is $7.27B. A total of 0.87 million shares were traded on the day, compared to an average of 403.58K shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, RGLD has seen 5 BUY and 16 SELL insider trades, representing the acquisition of 2,456 and the disposition of 5,740 shares. Over the last 12 months, there were 20 BUYs and 30 SELLs from insiders. Insiders purchased 52,775 shares during that period but sold 36,035.
In the most recent transaction, Isto Mark sold 9,660 shares of RGLD for 141.89 per share on May 08. After the transaction, the EVP & COO of Royal Gold Corp now owns 30,437 company shares. In a previous transaction on May 08, Hayes William M. sold 2,140 shares at 142.50 per share. RGLD shares that Director owns now total 9,832.
Among the insiders who sold shares, Breeze Daniel disposed of 2,095 shares on May 08 at a per-share price of $141.92. This resulted in the VP Corp Dev of RGLD Gold AG holding 11,786 shares of RGLD after the transaction. In another insider transaction, Libner Paul sold 750 shares at $120.00 per share on Jan 04. Company shares held by the CFO & Treasurer now total 13,515.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Royal Gold Inc. pays an annual dividend of $1.50, resulting in a dividend yield of 1.33%, and it has a price to earnings (P/E) ratio of 32.23. RGLD’s most recent ex-dividend date was 10/5/2023 when it declared a $0.3750 quarterly dividend that was paid in cash on 10/20/2023. Previously, the company paid the dividend on 7/21/2023 with an ex-dividend date of 7/6/2023. The RGLD stock dividend was $0.3750 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for RGLD in the last 3 months, the mean price target is $142.92 with high estimates of $166.00 and low estimates of $122.00. In terms of 52-week highs and lows, RGLD has a high of $147.82 and a low of $84.54.
As of this writing, RGLD has an earnings estimate of $0.89 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of $1.18 per share and a lower estimate of $0.7. The company reported an EPS of $0.96 in the last quarter, which was -3.00% lower than expectations of $0.99.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. RGLD’s latest balance sheet shows that the firm has $225.92M in Cash & Short Term Investments as of fiscal 2021. There were $300.44M in debt and $52.08M in liabilities at the time. Its Book Value Per Share was $43.04, while its Total Shareholder’s Equity was $2.50B.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RGLD is Buy with a score of 3.56.