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Royal Gold, Inc.

RGLD · NASDAQ

Market closed$189.17$-2.01 (-1.05%)After hours $191.81 · +1.40%

Key statistics

Previous close$191.18
Open$188.71
Day high$192.38
Day low$188.56
52-week high$306.25
52-week low$150.75
Market cap13.13B
Volume623.80K
Average volume743.11K
P/E ratio21.26
Forward P/E11.53
EPS8.90
Dividend yield+0.99%

Market context

Why it moved

Royal Gold (RGLD) edged lower today amid a pullback in precious metals prices, with silver declining and broader gold royalty sector weakness weighing on the stock, compounded by technical sell signals from both short- and long-term moving averages.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026Royal Gold closed modestly lower as spot gold fell sharply below $4,000 — its lowest level since early July — weighing on precious metals equities broadly. The decline comes even as management used a virtual non-deal roadshow to highlight record Q1 results, $391M in adjusted EBITDA, a 17% projected production increase over five years, and 25 consecutive years of dividend increases following transformational acquisitions. Analyst sentiment remains divided: RBC maintained an Outperform rating with a $305 target, while BofA holds an Underperform with a $209 target, and Zacks recently cut its earnings estimate by 13.5%, flagging near-term headwinds. In after-hours trading, shares recovered toward $191.81.

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July 17, 2026Royal Gold edged lower as spot gold fell sharply below $4,000 — hitting a two-week low amid Fed rate-hike concerns linked to rising energy prices from the escalating U.S.-Iran conflict — weighing on precious metals equities broadly. The decline came despite Royal Gold's Virtual Non-Deal Roadshow, where management touted record Q1 results ($391M adjusted EBITDA), transformational 2025 acquisitions (Sandstorm and Horizon), a 17% five-year production growth outlook, and a 25-year streak of dividend increases, while also acknowledging the stock is lagging peers significantly on price-to-NAV and price-to-cash-flow metrics. Analyst sentiment remains mixed, with Zacks adding RGLD to its Strong Sell list after a 13.5% earnings estimate cut, while RBC maintains Outperform with a $305 target.

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July 15, 2026Royal Gold closed modestly lower, pressured by a Scotiabank target price cut to $310 from $331 (maintaining Hold) and a Zacks downgrade to Strong Sell following a 13.5% earnings estimate reduction over the prior 60 days. Despite these headwinds, gold rebounded 1.3% to $4,053 after cooler-than-expected June CPI data eased Fed rate hike fears, providing a partial offset for the royalty streamer. Analyst sentiment remains divided—bulls cite a 79-property portfolio, an expanded $2B revolving credit facility, and a $500M buyback authorization, while bears point to near-term earnings pressure and Hod Maden restructuring uncertainty.

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July 15, 2026Royal Gold closed essentially flat amid a challenging backdrop for precious metals, as spot gold fell nearly 3% to below $4,000 on rising oil prices and renewed U.S.-Iran tensions that stoked inflation fears and prompted markets to price in potential Fed rate hikes. Bearish analyst actions compounded the pressure: Zacks downgraded RGLD to a Strong Sell (Rank #5) after cutting its current-year earnings estimate by 13.5% over 60 days, while Scotiabank trimmed its price target from $331 to $310 (maintaining Hold), citing mixed signals around the Hod Maden royalty restructuring and near-term earnings headwinds.

0.0207

July 14, 2026Royal Gold fell nearly 2% as a broad selloff in gold and precious metals royalty stocks weighed on the sector, compounded by a Zacks Strong Sell downgrade and a Royal Bank of Canada price target reduction to $305 (from $310, maintaining Outperform) on July 9. The drop came amid a difficult macro backdrop — gold is down 5% year-to-date as speculative unwind pressures persist — while broader markets declined on renewed U.S.-Iran tensions, surging oil prices, and chip sector weakness heading into a critical week of Q2 earnings and June CPI data.

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July 11, 2026Royal Gold edged down nearly 1%, underperforming the broader market, as a wave of analyst price target cuts weighed on sentiment. RBC Capital trimmed its target to $305 from $310 (maintaining Outperform), BofA cut its target to $209 from $246 (maintaining Underperform), and the broader analyst consensus price target slipped to ~$320. The stock also remains under pressure following its removal from the Russell 1000 Value-Defensive Index in late June, which triggered mechanical selling by index funds. Despite the near-term headwinds, the consensus Buy rating and a significant gap between current price and average analyst targets (~$318) suggest long-term investors see potential value in the royalty streamer.

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July 10, 2026Royal Gold shares gained, outpacing the broader Basic Materials sector, as a surge in gold prices above $4,100 lifted precious metals royalty stocks. The rebound came alongside fresh analyst attention: RBC Capital maintained its Outperform rating while trimming its price target modestly to $305, and the consensus Buy rating across 15 analysts implies roughly 63% upside from recent levels. Investors are also weighing the company's removal from the Russell 1000 Defensive Indexes in late June—a technical shift that may have triggered passive fund selling—against a $500 million share repurchase authorization and a $2 billion expanded credit facility that underscore management's confidence in the balance sheet.

3.569

July 9, 2026Royal Gold fell amid a broad risk-off selloff triggered by President Trump declaring the U.S.-Iran ceasefire 'over,' sending oil prices surging and gold prices lower — a counterintuitive headwind for the royalty and streaming company. Adding company-specific pressure, Bank of America cut its price target on Royal Gold to $209 from $246 while maintaining an Underperform rating, even as the broader analyst consensus remains at Buy with an average target near $320. The stock recovered modestly in after-hours trading, and longer-term bulls point to Royal Gold's strong Q1 2026 results — revenue up 142.5% YoY with an 83% EBITDA margin — and its $500 million share repurchase authorization as fundamental underpinnings despite near-term macro turbulence.

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Investing.com · July 16, 2026Royal Gold at virtual non-deal roadshow series: growth, cash flowSimply Wall Street · July 14, 2026Does Zacks' Earnings Cut and Rank Downgrade Change The Bull Case For Royal Gold (RGLD)?Moomoo · July 9, 2026RBC Capital Adjusts Royal Gold Price Target to $305 From $310, Maintains Outperform RatingMoomoo · June 30, 2026UBS Maintains Royal Gold(RGLD.US) With Buy Rating, Cuts Target Price to $280TMX Newsfile · June 18, 2026Americas Gold and Silver Announces Agreement with Affiliate of Royal Gold to Settle Fixed Gold Delivery ObligationSeeking Alpha · June 17, 2026Royal Gold: A Record Quarter, A Derisked Portfolio, And A Cheaper Stock (NASDAQ:RGLD)Simply Wall Street · May 20, 2026Royal Gold Leans Into Royalty Model With Hod Maden RestructuringFinviz · March 10, 2026Royal Gold, Inc. (RGLD) CEO Highlights Strong Results at Raymond James Conference
Benzinga · July 9, 2026RBC Capital Maintains Outperform on Royal Gold, Lowers Price Target to $305
Mt Newswire · July 9, 2026RBC Capital Adjusts Royal Gold Price Target to $305 From $310, Maintains Outperform Rating
Mt Newswire · July 8, 2026BofA Adjusts Price Target on Royal Gold to $209 From $246, Maintains Underperform Rating
Benzinga · July 6, 2026Jefferies Maintains Buy on Royal Gold, Lowers Price Target to $311
Benzinga · June 30, 2026UBS Maintains Buy on Royal Gold, Lowers Price Target to $280
Mt Newswire · June 30, 2026UBS Adjusts Price Target on Royal Gold to $280 From $325, Maintains Buy Rating
Mt Newswire · June 3, 2026RBC Capital Adjusts Price Target on Royal Gold to $310 From $375, Maintains Outperform Rating
Mt Newswire · May 26, 2026BofA Adjusts Price Target on Royal Gold to $246 From $245

Peers

S&P 500SPX · $7,457.69-1.01%Franco-Nevada CorporationFNV · $200.77+1.33%Wheaton Precious Metals Corp.WPM · $104.18-0.07%OR Royalties Inc.OR · $28.30+0.89%Agnico Eagle Mines LimitedAEM · $136.97-0.23%Newmont CorporationNEM · $89.70-1.24%Abacus Global Management, Inc.ABX · $10.36-1.43%Kinross Gold CorporationKGC · $22.57-1.53%AngloGold Ashanti plcAU · $76.76+0.54%Pan American Silver Corp.PAAS · $41.77-0.50%Alamos Gold Inc.AGI · $28.26+0.04%Gold Fields LimitedGFI · $31.99-0.31%