Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. The company engages in acquiring stream and royalty interests or to finance projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and other metals. Its stream and royalty interests on properties are located in the United States, Canada, Chile, the Dominican Republic, Australia, Africa, Mexico, Botswana, and internationally. Royal Gold, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.

Royal Gold, Inc.

LyondellBasell Industries N.V. LYB recorded a second-quarter 2025 profit of $115 million or 34 cents per share, reflecting a decrease of 87.5% from $924 million or $2.82 per share reported a year ago.
LYB posted adjusted earnings of 62 cents, down 71.8% from the year-ago quarter figure of $2.20. Adjusted earnings missed the Zacks Consensus Estimate of 87 cents.
The company’s net sales in the second quarter were $7,658 million, which beat the Zacks Consensus Estimate of $7,405.6 million. Net sales fell around 11.7% from $8,678 million in the prior-year quarter.
LyondellBasell Industries N.V. Price, Consensus and EPS Surprise
LYB’s Segment Highlights
In the reported quarter, the Olefins & Polyolefins — Americas segment's revenues declined 18.8% amounting to $2,377 million, lagging the consensus estimate of $2,731.5 million.
Similarly, Olefins & Polyolefins — Europe, Asia, the international segment revenues declined 4.8% year over year to $2,704 million. It topped the consensus estimate of $2,600 million.
In the Intermediates and Derivatives segment sales were $2,275 million, a decline of 18.6% year over year, missing the consensus estimate of $2,321.5 million.
The Advanced Polymer Solutions revenues were $917 million, representing a decline of 3.3% year over year, missing the consensus estimate of $926 million.
The Technology segment's revenues were $137 million, marking a decline of 13.8%, and lagging the consensus estimate of $145 million.
LYB’s Financials
LYB generated $351 million in cash from its operating activities in the reported quarter. The company continued its balanced capital allocation strategy by spending $539 million on capital spending and distributing $536 million to shareholders via dividends and share buybacks. By the end of the quarter, LYB had $1.7 billion in cash and cash equivalents, along with $6.4 billion in total available liquidity.
LYB’s Outlook
In the third quarter, LyondellBasell anticipates an improvement in North American integrated polyethylene margins, driven by the completion of scheduled maintenance in April and higher prices supported by strong domestic demand and increased export activity. In Europe, steady seasonal demand and favorable feedstock costs are expected to persist, while ongoing capacity reductions across the region are expected to help balance supply and demand. However, oxyfuels margins are projected to remain weak throughout the summer.
To align production with global demand and planned maintenance activities, LYB expects to operate its North American olefins and polyolefins (O&P) assets at 85% capacity, European O&P facilities at 75% and Intermediates & Derivatives (I&D) assets at 80%. The company continues to closely monitor potential risks and opportunities related to shifting tariffs and global trade patterns.
LYB’s Price Performance
Shares of LyondellBasell have lost 41% in the past year compared with a 26.6% decline of the industry.
Image Source: Zacks Investment Research
LYB’s Zacks Rank & Key Picks
LYB currently carries a Zacks Rank #5 (Strong Sell).
Better-ranked stocks worth a look in the basic materials space include Royal Gold, Inc. RGLD, Avino Silver & Gold Mines Ltd. ASM and Barrick Mining Corporation B.
Royal Gold is slated to report second-quarter results on Aug 6. The Zacks Consensus Estimate for earnings is pegged at $1.70. RGLD beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 9%. RGLD carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Avino Silver is scheduled to report second-quarter results on Aug 13. The Zacks Consensus Estimate for ASM’s second-quarter earnings is pegged at 3 cents. ASM beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 104.2%. ASM currently carries a Zacks Rank #1.
Barrick Mining is slated to report second-quarter results on Aug 11. The consensus estimate for Barrick’s earnings is pegged at 47 cents. Barrick, carrying a Zacks Rank #1, beat the consensus estimate in three of the last four quarters, with the average earnings surprise being 12.5%.
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LyondellBasell's Earnings Lag Estimates, Revenues Beat in Q2

Eastman Chemical Company EMN logged second-quarter 2025 earnings of $1.20 per share, a roughly 38% decline from the year-ago quarter's figure of $1.94.
EMN posted adjusted earnings of $1.60 per share, down from the year-ago quarter figure of $2.15. It lagged the Zacks Consensus Estimate of $1.72.
The company’s revenues in the second quarter were $2,287 million, down around 3% year over year. It missed the Zacks Consensus Estimate of $2,289.9 million.
EMN faced significant challenges in the second quarter and only saw a modest sign of seasonal improvement across its end markets. It took actions to mitigate the economic impact of the increased level of tariffs through continued commercial excellence and supply-chain initiatives.
Eastman Chemical Company Price, Consensus and EPS Surprise
EMN’s Segment Highlights
Advanced Materials: Sales from the segment fell 2% year over year to $777 million in the reported quarter. The figure beat our estimate of $770 million. Sales revenues declined due to lower sales volume and mix resulting from weak demand in key end markets.
Additives & Functional Products: Sales from the segment were $769 million, reflecting an upside of 7% from the year-ago quarter. The figure topped our estimate of $732 million. Sales were driven by higher selling prices, improved sales volume and mix, and favorable foreign currency exchange fluctuations.
Chemical Intermediaries: Sales from the segment were down 10% year over year to $463 million. The figure missed our estimate of $529 million. Sales declined due to lower sales volume and mix and reduced selling prices.
Fibers: The segment reported sales of $274 million, down 17% year over year. The figure beat our estimate of $252 million. Sales declined primarily due to lower sales volume and mix.
EMN’s Financials
The company ended the quarter with cash and cash equivalents of $423 million. Net debt was $4,703 million.
Cash provided by operating activities was $233 million, down around 37% year over year. EMN
returned $145 million to shareholders through dividends and share repurchases in the reported quarter.
EMN’s Guidance
EMN noted that it is seeing a challenging global macroeconomic environment entering the second half. Customers are increasingly cautious due to a changing tariff environment and soft demand. The company expects to gain from the ramp-up of cost-reduction initiatives and higher revenues from its Kingsport methanolysis facility.
EMN sees third-quarter adjusted earnings to be roughly $1.25 per share. It also expects to generate an operating cash flow of around $1 billion for the full year.
EMN’s Price Performance
EMN’s shares are down 25.5% over a year compared with a 22.8% decline recorded by the Zacks Chemicals Diversified industry.
Image Source: Zacks Investment Research
EMN’s Zacks Rank & Key Picks
EMN currently carries a Zacks Rank #4 (Sell).
Better-ranked stocks worth a look in the basic materials space include Royal Gold, Inc. RGLD, Avino Silver & Gold Mines Ltd. ASM and Barrick Mining Corporation B.
Royal Gold is slated to report second-quarter results on Aug 6. The Zacks Consensus Estimate for earnings is pegged at $1.70. RGLD beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 9%. RGLD carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Avino Silver is scheduled to report second-quarter results on Aug 13. The Zacks Consensus Estimate for ASM’s second-quarter earnings is pegged at 3 cents. ASM beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 104.2%. ASM currently carries a Zacks Rank #1.
Barrick Mining is slated to report second-quarter results on Aug 11. The consensus estimate for Barrick’s earnings is pegged at 47 cents. Barrick, carrying a Zacks Rank #1, beat the consensus estimate in three of the last four quarters, with the average earnings surprise being 12.5%.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
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Eastman Chemical's Q2 Earnings and Revenues Miss, Down Y/Y

PPG Industries Inc. PPG is set to release second-quarter 2025 results after the closing bell on July 29.
PPG Industries beat the Zacks Consensus Estimate for earnings in two of the trailing four quarters, and missed it twice. It delivered a trailing four-quarter earnings surprise of around 0.9%, on average. While the company is expected to have benefited from acquisitions and restructuring cost savings in the second quarter, its performance is likely to have been adversely impacted by weak demand.
PPG's shares are down 9.2% in the past year compared with the industry’s 2.1% decline.
Image Source: Zacks Investment Research
Let’s see how things are shaping up for this announcement.
What Do PPG’s Revenue Estimates Say?
The Zacks Consensus Estimate for sales for the to-be-reported quarter is currently pegged at $4,130 million, which suggests a decline of around 13.8% from the year-ago quarter.
Our estimate for PPG’s Industrial Coatings segment’s net sales is pegged at $1,632.2 million, indicating a 6.6% decline on a year-over-year basis.
Also, our estimate for net sales for the Performance Coatings segment is $1,439.3 million, suggesting a year-over-year increase of 1.5%. The same for the Global Architectural Coatings segment is pinned at $1,002.6 million, suggesting a 6.3% year-over-year decline.
Factors at Play for PPG
PPG Industries is executing a cost-reduction and restructuring strategy while optimizing its working capital needs. The savings from these restructuring efforts are expected to have provided a boost to the company’s performance. These initiatives are largely concentrated on regions and end markets facing challenging business conditions, aiming to lower the company’s overall cost structure.
PPG has introduced a broad cost reduction initiative aimed at achieving approximately $175 million in annualized pre-tax savings once fully implemented. The program focuses on lowering structural costs, particularly in Europe and select global operations. These actions highlight PPG Industries’ dedication to improving operational efficiency and maintaining long-term financial stability. Additionally, the company is increasing selling prices across its various business segments to counteract cost inflation and support profitability. The benefits of cost and pricing actions are expected to be reflected in its second-quarter margins.
PPG is facing headwinds from sluggish global industrial production, which is likely to have dampened demand in its Industrial Coatings segment. Declining automotive OEM build rates, along with weaker industrial activity in both the United States and Europe, are expected to have negatively impacted volumes and sales. In addition, low consumer confidence in Europe continues to weigh on demand.
Automotive production rates declined in both Europe and the United States in the first quarter due to reduced demand and are expected to have decreased further in the second quarter. In the second quarter, organic growth is likely to have been constrained by softer automotive OEM activity and industrial output. Demand for industrial coatings is expected to have remained subdued during the quarter.
What Our Model Unveils for PPG
Our proven model does not conclusively predict an earnings beat for PPG this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that’s not the case here.
Earnings ESP: Earnings ESP for PPG is -0.68%. The Zacks Consensus Estimate for the second quarter is currently pegged at $2.22. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: PPG currently carries a Zacks Rank #3.
Basic Materials Stocks That Warrant a Look
Here are some companies in the basic materials space you may want to consider, as our model shows they have the right combination of elements to post an earnings beat this quarter:
Royal Gold, Inc. RGLD is slated to report second-quarter results on Aug 6. It has an Earnings ESP of +6.85%. The Zacks Consensus Estimate for earnings is pegged at $1.70. RGLD beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 9%. RGLD carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Kinross Gold Corporation KGC, scheduled to report second-quarter results on July 30, has an Earnings ESP of +0.93%. The Zacks Consensus Estimate for KGC’s second-quarter earnings is pegged at 27 cents. KGC beat the Zacks Consensus Estimate in three of the last four quarters, with the average earnings surprise being 16.1%. KGC currently carries a Zacks Rank #1.
Agnico Eagle Mines Limited AEM is slated to report second-quarter results on July 30. It has an Earnings ESP of +7.97%. The consensus estimate for AEM’s earnings is pegged at $1.66. AEM, carrying a Zacks Rank #1, beat the consensus estimate in each of the last four quarters, with the average earnings surprise being 12.3%.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include
Stock #1: A Disruptive Force with Notable Growth and Resilience
Stock #2: Bullish Signs Signaling to Buy the Dip
Stock #3: One of the Most Compelling Investments in the Market
Stock #4: Leader In a Red-Hot Industry Poised for Growth
Stock #5: Modern Omni-Channel Platform Coiled to Spring
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.
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PPG Industries to Report Q2 Earnings: What's in the Cards?

Newmont Corporation NEM reported second-quarter 2025 earnings from continuing operations of $1.85 per share compared with 73 cents in the year-ago quarter.
Barring one-time items, adjusted earnings were $1.43 per share, up from 72 cents reported in the prior-year quarter. It topped the Zacks Consensus Estimate of $1.04 per share.
NEM’s revenues for the second quarter were $5,317 million, up 20.8% from $4,402 million reported in the prior-year quarter. The figure topped the Zacks Consensus Estimate of $4,582.5 million. The increase in the top line was primarily due to higher year-over-year realized gold prices.
Newmont Corporation Price, Consensus and EPS Surprise
Newmont’s Operational Highlights
Newmont's attributable gold production in the second quarter of 1.48 million ounces was 8.1% lower than the prior-year quarter’s figure. The figure beat our estimate of 1.42 million ounces.
Average realized prices of gold rose around 41.4% year over year to $3,320 per ounce. The figure topped our estimate of $2,953 per ounce.
The company’s costs applicable to sales (CAS) for gold were $1,215 per ounce, up 5.5% year over year. The figure lagged our estimate of $1,228 per ounce.
All-in-sustaining costs (AISC) for gold were up around 2% year over year to $1,593 per ounce. The figure missed our estimate of $1,657 per ounce.
NEM’s Financials
The company ended the quarter with cash and cash equivalents of $6,185 million, up 137.7% year over year. At the end of the quarter, the company had a long-term debt of $7,132 million, down 17.9% year over year.
Net cash from continuing operations amounted to $2,384 million in the reported quarter, up from $1,428 million in the year-ago quarter.
NEM’s board authorized an additional $3 billion share repurchase program.
Newmont’s 2025 Outlook
Newmont anticipates maintaining its expected gold production for 2025 at about 5.9 million ounces. The company also projects total CAS for gold at $1,200 per ounce and an AISC of $1,630 per ounce.
General and Administrative expenses are forecasted at $475 million. Reclamation and Remediation Accretion are projected at $475 million, while exploration and advanced projects expenses are predicted at $525 million.
NEM’s Price Performance
Newmont’s shares have gained 31.7% in the past year compared with a 43.9% rise in the industry.
Image Source: Zacks Investment Research
NEM’s Zacks Rank & Key Picks
NEM currently carries a Zacks Rank #3 (Hold).
Better-ranked stocks worth a look in the basic materials space include Royal Gold, Inc. RGLD, Kinross Gold Corporation KGC and Agnico Eagle Mines AEM.
Royal Gold is slated to report second-quarter results on Aug 6. The Zacks Consensus Estimate for earnings is pegged at $1.70. RGLD beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 9%. RGLD carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Kinross is scheduled to report second-quarter results on July 30. The Zacks Consensus Estimate for KGC’s second-quarter earnings is pegged at 27 cents. KGC beat the Zacks Consensus Estimate in three of the last four quarters, with the average earnings surprise being 16.1%. KGC currently carries a Zacks Rank #1.
Agnico Eagle is slated to report second-quarter results on July 30. The consensus estimate for AEM’s earnings is pegged at $1.66. AEM, carrying a Zacks Rank #1, beat the consensus estimate in each of the last four quarters, with the average earnings surprise being 12.3%.
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Newmont's Q2 Earnings Outpace Estimates on Higher Gold Prices

The Mosaic Company MOS announced the opening of its new blending, storage and distribution plant in Palmeirante, Tocantins, Brazil, which aligns with its strategy to increase reach in the market. The plant has been inaugurated, with its operations scheduled to begin this month.
Mosaic has invested $84 million in this facility with an expectation to earn a margin of $30-$40 per ton, implying an expected internal rate of return of more than 20%. The plant enhances blending capacity with a capability to process 1 million tons of fertilizer annually, and approximately 500,000 tons in 2025. This facility is expected to significantly contribute to Mosaic’s growth plan in the northern region of Brazil.
The Palmeirante facility not only adds significant warehouse capacity, automated blending & bagging systems, and a direct rail connection to the port of Itaqui, but it also provides more efficient fertilizer access to the farmers of the MATOPIBA region, which serves as a key growing region. Mosaic expects to derive benefits by growing distribution sales from less than 8 million tons in 2024 to around 13-14 million tons by the end of 2030.
MOS stock has climbed 22.7% over the past year compared with the industry’s 25.3% rise.
Image Source: Zacks Investment Research
MOS’ Zacks Rank & Key Picks
MOS currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Basic Materials space are Royal Gold, Inc. RGLD,Coeur Mining, Inc.CDE and Carpenter Technology Corporation CRS. While RGLD and CDE currently sport a Zacks Rank #1 (Strong Buy) each, CRS carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for RGLD’s current-year earnings is pegged at $7.47 per share, indicating a 42% year-over-year increase.Its earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 9%. RGLD’s shares have gained 13.6% in the past year.
The Zacks Consensus Estimate for CDE’s current-year earnings is pegged at 69 cents per share, implying a 283.3% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing once, with an average surprise of 136.2%.
The Zacks Consensus Estimate for CRS’ fiscal 2025 earnings is pegged at $7.28 per share, indicating a rise of 53.6% from year-ago levels. The company’s earnings beat the consensus estimate in each of the trailing four quarters. Its shares have gained 141.4% in the past year.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include
Stock #1: A Disruptive Force with Notable Growth and Resilience
Stock #2: Bullish Signs Signaling to Buy the Dip
Stock #3: One of the Most Compelling Investments in the Market
Stock #4: Leader In a Red-Hot Industry Poised for Growth
Stock #5: Modern Omni-Channel Platform Coiled to Spring
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.
Download Atomic Opportunity: Nuclear Energy's Comeback free today.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

MOS Unveils New Facility in Palmeirante, Expands Presence in Brazil

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Royal Gold Inc (Symbol: RGLD) presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
But making Royal Gold Inc an even more interesting and timely stock to look at, is the fact that in trading on Tuesday, shares of RGLD entered into oversold territory, changing hands as low as $156.84 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Royal Gold Inc, the RSI reading has hit 29.6 — by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 56.1. A falling stock price — all else being equal — creates a better opportunity for dividend investors to capture a higher yield. Indeed, RGLD's recent annualized dividend of 1.8/share (currently paid in quarterly installments) works out to an annual yield of 1.13% based upon the recent $159.82 share price.
A bullish investor could look at RGLD's 29.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on RGLD is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Relative Strength Alert For Royal Gold

(RTTNews) - Royal Gold Inc. (RGLD) announced a profit for its first quarter that increased from last year and beat the Street estimates.
The company's earnings totaled $113.50 million, or $1.72 per share. This compares with $47.17 million, or $0.72 per share, last year.
Excluding items, Royal Gold Inc. reported adjusted earnings of $99.80 million or $1.51 per share for the period.
Analysts on average had expected the company to earn $1.39 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 29.9% to $193.44 million from $148.90 million last year.
Royal Gold Inc. earnings at a glance (GAAP) :
-Earnings: $113.50 Mln. vs. $47.17 Mln. last year. -EPS: $1.72 vs. $0.72 last year. -Revenue: $193.44 Mln vs. $148.90 Mln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Royal Gold Inc. Q1 Profit Increases, Beats Estimates

Royal Gold (NASDAQ: RGLD) looks perfect at the moment – high-margin, debt-free, and riding the tailwinds of an exceptional gold rally. The revenue has surged nearly 19% in the past 12 months, handily outpacing its three-year average growth rate of 9.6%. Add in a 60% operating margin resulting from royalty-model, insulation from operational risk, and high cash flows – on paper it looks perfect. When everything looks perfect, it’s usually the perfect time to start asking the hard questions. And here’s the biggest one: Is it time to book profits in Royal Gold? We think so!
The stock has returned nearly 40% this year, and we’ll be honest, there might be more room to run. But it is certainly not the right entry point as the stock looks overextended. We screen for such over-extensions in our High-Quality portfolio, which has outperformed the S&P 500 and achieved returns greater than 91% since inception.
Image by Steve Bidmead from Pixabay
Here’s what has us concerned:
Riding the Gold Rally – Until It Stops
The stock’s impressive recent performance tracks the surge in gold prices, which are now at all-time highs. But gold is sensitive to macro catalysts. The Fed has signaled interest rate cuts in 2025, and we believe this expectation is likely priced in already. If that plan doesn’t materialize as expected, gold could fall. Furthermore, if geopolitical tensions ease and fair trade agreements are reached, it could again lead to investors booking profits in gold and investing in more risky assets.
So when the tide goes out, the first ones to feel it could be royalty stocks like RGLD that are essentially levered bets on gold price performance. Royal Gold isn’t over-delivering, it’s riding a wave. And waves crash.
This Isn’t the Kind of Price Action You Want
Here’s something odd: Royal Gold hasn’t exactly flown in a straight line. Despite gold’s steady climb since mid-2023, RGLD hasn’t kept pace with the same consistency. In fact, it is prone to large pullbacks whenever it shows strong momentum – think 15%-30%. And that’s a red flag in disguise.
PE Has Shrunk, and That Tells You Something
This one’s subtle, but it matters.
RGLD’s P/E ratio has dropped from 38 to 33 in the past six months indicating that the price upside is primarily due to expansion in earnings. If the market truly believed RGLD had a breakout future ahead, you’d see the P/E expanding to some extent, not shrinking, or at least staying put. What does this mean in plain English? The market is saying: “You’ve had your moment. Don’t expect more.”
If you’ve been holding Royal Gold through this rally – you caught the wave and made money. But here’s the smart move: don’t get greedy. Sell your position, or at least trim it and rebalance. Money rotates to pockets of value. Such periodic or trigger-based rebalance is core to the High Quality (HQ) Portfolio which, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride as evident in HQ Portfolio performance metrics.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Is It Time To Book Profits In Royal Gold?

To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention — and furthermore, "tracking" funds that follow the Dividend Aristocrats Index must own them. With all of this demand for shares, dividend growth stocks can sometimes become "fully priced," where there isn't much upside to analyst targets.
But we here at ETF Channel have looked through the underlying holdings of the SPDR S&P Dividend ETF (which tracks the S&P High Yield Dividend Aristocrats Index), and found these five dividend growth stocks that actually still have fairly substantial upside to the average analyst target price 12 months out. Which means, if the analysts are correct, these are five dividend growth stocks that could produce capital gains in addition to their growing dividend payments.
In the first table below, we present the five stocks. The recent share price, average analyst 12-month target price, and percentage upside to reach the analyst target are presented.
Stock
Recent Price
Avg. Analyst 12-Mo. Target
% Upside to Target
Albemarle Corp. (Symbol: ALB)
$79.49
$102.19
28.56%
Analog Devices Inc (Symbol: ADI)
$209.97
$264.32
25.89%
Brady Corp (Symbol: BRC)
$71.98
$88.00
22.26%
MSA Safety Inc (Symbol: MSA)
$152.01
$185.75
22.20%
Royal Gold Inc (Symbol: RGLD)
$154.76
$172.78
11.64%
The average 12-month analyst targets are only targets for the share price however, and each of these stocks are expected to pay dividends during that holding period — so the expected total return if these stocks reach their analyst targets is actually the share price upside seen by the analysts plus the dividend yield shareholders can expect. To ballpark that total return potential, we have added the current yield to the analyst target price upside, in order to arrive at the 12-month total return potential:
Stock
Dividend Yield
% Upside to Analyst Target
Implied Total Return Potential
Albemarle Corp. (Symbol: ALB)
2.04%
28.56%
30.6%
Analog Devices Inc (Symbol: ADI)
1.89%
25.89%
27.78%
Brady Corp (Symbol: BRC)
1.33%
22.26%
23.59%
MSA Safety Inc (Symbol: MSA)
1.34%
22.20%
23.54%
Royal Gold Inc (Symbol: RGLD)
1.16%
11.64%
12.8%
Another consideration with dividend growth stocks is just how much the dividend is growing. We looked up the trailing twelve months worth of dividends shareholders of each of the above five companies have collected, and then also looked up the same number for the prior trailing twelve months. This gives us a rough yardstick to see how much the dividend has grown, from one trailing twelve month period to another.
Stock
Prior TTM Dividend
TTM Dividend
% Growth
Albemarle Corp. (Symbol: ALB)
$1.6
$1.615
0.94%
Analog Devices Inc (Symbol: ADI)
$3.5
$3.75
7.14%
Brady Corp (Symbol: BRC)
$0.93
$0.95
2.15%
MSA Safety Inc (Symbol: MSA)
$1.88
$2.04
8.51%
Royal Gold Inc (Symbol: RGLD)
$1.525
$1.65
8.20%
These five stocks are part of our full Dividend Aristocrats List. The average analyst target price data upon which this article was based, is courtesy of data provided by Zacks Investment Research via Quandl.com.
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Dividend Growth Stocks: 25 Aristocrats »
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

5 Dividend Aristocrats Where Analysts See Capital Gains

Representative Jefferson Shreve just filed new stock trades, which we received from a STOCK Act disclosure. You can see the full list of trades on Quiver Quantitative's congress trading dashboard, and track the portfolios of Representative Jefferson Shreve and other politicians.
The trades in the new disclosure included a:
Purchase of $BC stock (BRUNSWICK CORPORATION COMMON STOCK)
Purchase of $DVN stock (DEVON ENERGY CORPORATION COMMON STOCK)
Sale of $EPAM stock (EPAM SYSTEMS, INC. COMMON STOCK)
Purchase of $LOW stock (LOWE'S COMPANIES, INC. COMMON STOCK)
Purchase of $NVT stock (NVENT ELECTRIC PLC ORDINARY SHARES)
Purchase of $PLD stock (PROLOGIS, INC. COMMON STOCK)
Purchase of $RGLD stock (ROYAL GOLD, INC. - COMMON STOCK)
To see all the trades, and to see details on the trade sizes and dates, see Quiver Quantitative's politician page for Representative Jefferson Shreve
This article was originally published on Quiver News, read the full story.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.