Brokers Set Expectations for Uranium Royalty FY2027 Earnings

Uranium Royalty Corp. (NASDAQ:UROY) – Research analysts at HC Wainwright issued their FY2027 earnings estimates for Uranium Royalty in a research report issued on Monday, October 19th. HC Wainwright analyst H. Ihle expects that the company will post earnings per share of $0.16 for the year. HC Wainwright currently has a “Buy” rating and a $4.50 target price on the stock. The consensus estimate for Uranium Royalty’s current full-year earnings is $0.11 per share.

A number of other research firms also recently weighed in on UROY. Zacks Research downgraded Uranium Royalty from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. Weiss Ratings raised Uranium Royalty from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. Finally, National Bank Financial raised their price objective on Uranium Royalty from $3.75 to $4.00 and gave the stock an “outperform” rating in a research report on Monday. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $4.25.

Uranium Royalty Stock Down 0.6%

Shares of UROY opened at $3.48 on Wednesday. The company has a 50-day simple moving average of $4.19 and a 200-day simple moving average of $3.65. The firm has a market capitalization of $1.31 billion, a P/E ratio of 38.67 and a beta of 1.57. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.87 and a current ratio of 0.88. Uranium Royalty has a 52 week low of $2.56 and a 52 week high of $5.52.

Uranium Royalty (NASDAQ:UROY) last issued its quarterly earnings results on Monday, September 14th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.05. Uranium Royalty had a net margin of 25.88% and a return on equity of 10.86%. The firm had revenue of $51.68 million during the quarter, compared to the consensus estimate of $52.23 million.

Hedge Funds Weigh In On Uranium Royalty

A number of hedge funds and other institutional investors have recently made changes to their positions in UROY. The Manufacturers Life Insurance Company bought a new stake in shares of Uranium Royalty in the 2nd quarter valued at approximately $402,000. Quantbot Technologies LP acquired a new position in shares of Uranium Royalty in the 2nd quarter worth approximately $421,000. Squarepoint Ops LLC bought a new position in shares of Uranium Royalty during the 2nd quarter worth approximately $397,000. Renaissance Technologies LLC lifted its position in shares of Uranium Royalty by 206.5% during the 1st quarter. Renaissance Technologies LLC now owns 196,751 shares of the company’s stock worth $718,000 after buying an additional 132,551 shares during the period. Finally, State of Wyoming bought a new position in shares of Uranium Royalty during the 2nd quarter worth approximately $214,000. 24.19% of the stock is owned by institutional investors.

Uranium Royalty Company Profile

Uranium Royalty Corp. (NASDAQ: UROY) is a uranium-focused royalty and streaming company. It provides investors with exposure to the uranium sector through a portfolio of uranium interests rather than operating a traditional mining business. The company’s activities include acquiring uranium royalties, streams, offtake agreements, physical uranium, and equity interests in uranium exploration and development companies.

Uranium Royalty’s portfolio is linked to projects and properties in established uranium-producing and exploration regions, including the United States, Canada, Australia, and Paraguay.