OR Royalties Inc (NYSE: OR) is 38.01% higher on its value in year-to-date trading and has touched a low of $15.12 and a high of $24.70 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OR stock was last observed hovering at around $24.43 in the last trading session, with the day’s gains setting it 0.55%.
Currently trading at $24.98, the stock is 5.73% and 12.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.53 million and changing 2.25% at the moment leaves the stock 27.59% off its SMA200. OR registered 50.03% gain for a year compared to 6-month gain of 34.81%. The firm has a 50-day simple moving average (SMA 50) of $22.1104 and a 200-day simple moving average (SMA200) of $19.5785.
The stock witnessed a 8.51% loss in the last 1 month and extending the period to 3 months gives it a 31.20%, and is 10.34% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.87% over the week and 2.95% over the month.
OR Royalties Inc (OR) has around 27 employees, a market worth around $4.68B and $201.03M in sales. Current P/E ratio is 153.82 and Fwd P/E is 33.31. Profit margin for the company is 15.28%. Distance from 52-week low is 65.21% and 1.13% from its 52-week high. The company has generated returns on investments over the last 12 months (2.38%).
The EPS is expected to grow by 37.02% this year, but quarterly earnings will post 24.65% year-over-year.
330.0 institutions hold shares in OR Royalties Inc (OR), with institutional investors hold 81.25% of the company’s shares. The shares outstanding are 187.03M, and float is at 186.92M with Short Float at 0.81%. Institutions hold 80.95% of the Float.
The top institutional shareholder in the company is EDGEPOINT INVESTMENT GROUP INC. with over 24.39 million shares valued at $380.16 million. The investor’s holdings represent 13.0981 of the OR Shares outstanding. As of 2024-06-30, the second largest holder is VAN ECK ASSOCIATES CORP with 18.19 million shares valued at $283.43 million to account for 9.7691 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 6.96 million shares representing 3.7353 and valued at over $108.37 million, while PRICE T ROWE ASSOCIATES INC /MD/ holds 3.7259 of the shares totaling 6.94 million with a market value of $108.1 million.
