Wall Street analyst estimates for Royal Gold, Inc. (RGLD): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Royal Gold, Inc. and its subsidiaries engage in the acquisition and oversight of precious metal streams, royalty agreements, and related rights. The company's strategy involves securing these interests or providing capital for projects, whether currently producing or in their development phase, in exchange for future streams or royalty entitlements. Its portfolio primarily encompasses gold, silver, copper, nickel, zinc, lead, and cobalt.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $1.9B | $1.7B – $2.1B | $10.63 | 5 |
| 2027E | $2.1B | $1.9B – $2.5B | $12.76 | 5 |
Figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 16 |
| Hold | 11 |
| Sell | 1 |
| Strong Sell | 0 |
| Total analysts | 28 |
| Avg rating (−2 sell to +2 buy) | 0.54 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-04 | $2.74 | ||
| 2026-08-05 | $2.56 | $2.55 | +0.4% |
| 2026-05-06 | $3.11 | $2.77 | +12.3% |
| 2026-02-18 | $1.92 | $2.59 | -25.9% |
| 2025-11-05 | $2.06 | $2.15 | -4.2% |
| 2025-08-06 | $1.81 | $1.70 | +6.5% |
| 2025-05-07 | $1.51 | $1.43 | +5.6% |
| 2025-02-12 | $1.63 | $1.46 | +11.6% |
Valuation Ratios
| P/E Ratio | 24.83 |
| Price / Book | 2.65 |
| EV / EBITDA | 16.85 |
| Dividend Yield | 0.80% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $439.1M | $456.8M | $418.9M | $495.0M | $615.9M | $645.2M | $596.2M | $598.4M | $712.8M | $1.03B |
| Cost of Revenue | $87.3M | $83.8M | $77.5M | $83.9M | $283.2M | $98.5M | $94.6M | $90.5M | $97.5M | $316.6M |
| Gross Profit | $351.8M | $372.9M | $341.4M | $411.1M | $332.6M | $546.7M | $501.5M | $507.9M | $615.3M | $713.9M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $46.2M | $44.4M | $37.6M | $35.4M | $28.4M | $29.3M | $34.6M | $39.8M | $40.9M | $49.2M |
| Operating Expenses | $205.8M | $447.5M | $200.7M | $212.2M | -$5.0M | $218.3M | $217.8M | $204.7M | $185.4M | $49.2M |
| Operating Income | $145.9M | -$74.5M | $140.7M | $198.9M | $337.6M | $328.4M | $283.7M | $303.2M | $429.9M | $664.7M |
| EBITDA | $305.6M | $89.2M | $303.8M | $374.4M | $529.6M | $511.2M | $461.8M | $475.5M | $580.3M | $774.3M |
| Interest Expense | $36.4M | $34.2M | $29.6M | $7.0M | $3.3M | -$519,000 | $10.0M | $28.4M | $9.7M | $23.4M |
| Pre-tax Income | $118.9M | -$104.6M | $106.6M | $192.6M | $339.6M | $328.2M | $272.9M | $282.1M | $426.1M | $573.9M |
| Income Tax | $26.4M | $14.8M | $17.5M | -$3.7M | $36.9M | $53.2M | $32.9M | $42.0M | $93.6M | $102.3M |
| Net Income | $101.5M | -$113.1M | $93.8M | $199.3M | $302.5M | $274.0M | $239.0M | $239.4M | $332.0M | $466.3M |
| EPS | $1.56 | $-1.73 | $1.43 | $3.04 | $4.61 | $4.16 | $3.64 | $3.65 | $5.06 | $6.70 |
| EPS (Diluted) | $1.55 | $-1.73 | $1.43 | $3.03 | $4.60 | $4.18 | $3.63 | $3.64 | $5.05 | $6.69 |
| Shares Outstanding (Diluted) | 65.3 M | 65.3 M | 65.5 M | 65.6 M | 65.6 M | 65.6 M | 65.7 M | 65.7 M | 65.8 M | 69.6 M |
Price
| Price | $227.42 (closing price, October 29, 2026) |
| Market Cap | $19.3B |
| Exchange | NASDAQ |
| Country | US |
Related companies: WPM · FNV · OR · TFPM
Explore sector: Basic Materials · Gold
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