How to buy Royal Gold stock - 05 March

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How to buy Royal Gold stock

Own Royal Gold stock in just a few minutes.

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Royal Gold, Inc is a gold business based in the US. Royal Gold shares (RGLD) are listed on the NASDAQ and all prices are listed in US Dollars. Royal Gold employs 27 staff and has a trailing 12-month revenue of around USD$557.1 million.

How to buy shares in Royal Gold

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Royal Gold. Find the stock by name or ticker symbol: RGLD. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Royal Gold reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Royal Gold, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Royal Gold. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Royal Gold share price

Use our graph to track the performance of RGLD stocks over time.

Royal Gold shares at a glance

Information last updated 2021-03-03.
52-week rangeUSD$59.1638 - USD$146.8981
50-day moving average USD$106.6056
200-day moving average USD$116.429
Wall St. target priceUSD$139.08
PE ratio 26.677
Dividend yield USD$0.56 (0.53%)
Earnings per share (TTM) USD$3.87

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Royal Gold stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Royal Gold under- or over-valued?

Valuing Royal Gold stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Royal Gold's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Royal Gold's P/E ratio

Royal Gold's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 27x. In other words, Royal Gold shares trade at around 27x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).

Royal Gold's PEG ratio

Royal Gold's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.41. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Royal Gold's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Royal Gold's EBITDA

Royal Gold's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$435.7 million.

The EBITDA is a measure of a Royal Gold's overall financial performance and is widely used to measure a its profitability.

Royal Gold financials

Revenue TTM USD$557.1 million
Operating margin TTM 43.71%
Gross profit TTM USD$411.1 million
Return on assets TTM 5.72%
Return on equity TTM 10.9%
Profit margin 45.66%
Book value $36.487
Market capitalisation USD$6.8 billion

TTM: trailing 12 months

Shorting Royal Gold shares

There are currently 1.3 million Royal Gold shares held short by investors – that's known as Royal Gold's "short interest". This figure is 7.1% up from 1.2 million last month.

There are a few different ways that this level of interest in shorting Royal Gold shares can be evaluated.

Royal Gold's "short interest ratio" (SIR)

Royal Gold's "short interest ratio" (SIR) is the quantity of Royal Gold shares currently shorted divided by the average quantity of Royal Gold shares traded daily (recently around 475628.51711027). Royal Gold's SIR currently stands at 2.63. In other words for every 100,000 Royal Gold shares traded daily on the market, roughly 2630 shares are currently held short.

However Royal Gold's short interest can also be evaluated against the total number of Royal Gold shares, or, against the total number of tradable Royal Gold shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Royal Gold's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Royal Gold shares in existence, roughly 20 shares are currently held short) or 0.0287% of the tradable shares (for every 100,000 tradable Royal Gold shares, roughly 29 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Royal Gold.

Find out more about how you can short Royal Gold stock.

Royal Gold share dividends

39%

Dividend payout ratio: 38.64% of net profits

Recently Royal Gold has paid out, on average, around 38.64% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.13% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Royal Gold shareholders could enjoy a 1.13% return on their shares, in the form of dividend payments. In Royal Gold's case, that would currently equate to about $0.56 per share.

While Royal Gold's payout ratio might seem fairly standard, it's worth remembering that Royal Gold may be investing much of the rest of its net profits in future growth.

Royal Gold's most recent dividend payout was on 22 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 7 January 2021 (the "ex-dividend date").

Royal Gold share price volatility

Over the last 12 months, Royal Gold's shares have ranged in value from as little as $59.1638 up to $146.8981. A popular way to gauge a stock's volatility is its "beta".

RGLD.US volatility(beta: 0.66)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Royal Gold's is 0.6633. This would suggest that Royal Gold's shares are less volatile than average (for this exchange).

Royal Gold overview

Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that are in production or in development stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, cobalt, and molybdenum. As of June 30, 2020, the company owned interests in 187 properties on 5 continents, including interests on 41 producing mines and 16 development stage projects. Its stream and royalty interests on properties are located in the United States, Canada, Chile, the Dominican Republic, Australia, Mexico, and internationally. Royal Gold, Inc. was founded in 1981 and is based in Denver, Colorado.

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