Fintel reports that on January 6, 2025, MACQUARIE RESEARCH upgraded their outlook for Deterra Royalties (ASX:DRR) from Neutral to Outperform.
Analyst Price Forecast Suggests 20.01% Upside
As of December 23, 2024, the average one-year price target for Deterra Royalties is $4.51/share. The forecasts range from a low of $3.84 to a high of $5.25. The average price target represents an increase of 20.01% from its latest reported closing price of $3.76 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Deterra Royalties is 193MM, a decrease of 19.65%. The projected annual non-GAAP EPS is 0.24.
Deterra Royalties Maintains 7.96% Dividend Yield
At the most recent price, the company’s dividend yield is 7.96%.
Additionally, the company’s dividend payout ratio is 1.00. The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company’s income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company’s 3-Year dividend growth rate is 0.27% , demonstrating that it has increased its dividend over time.
What is the Fund Sentiment?
There are 69 funds or institutions reporting positions in Deterra Royalties. This is an decrease of 4 owner(s) or 5.48% in the last quarter. Average portfolio weight of all funds dedicated to DRR is 0.15%, an increase of 5.15%. Total shares owned by institutions increased in the last three months by 3.61% to 47,303K shares.
What are Other Shareholders Doing?
GICIX - Goldman Sachs International Small Cap Insights Fund Institutional holds 9,002K shares representing 1.70% ownership of the company. In its prior filing, the firm reported owning 7,096K shares , representing an increase of 21.18%. The firm increased its portfolio allocation in DRR by 22.06% over the last quarter.
VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 5,932K shares representing 1.12% ownership of the company. In its prior filing, the firm reported owning 5,954K shares , representing a decrease of 0.37%. The firm decreased its portfolio allocation in DRR by 7.91% over the last quarter.
INFL - Horizon Kinetics Inflation Beneficiaries ETF holds 4,229K shares representing 0.80% ownership of the company. No change in the last quarter.
VTMGX - Vanguard Developed Markets Index Fund Admiral Shares holds 3,586K shares representing 0.68% ownership of the company. In its prior filing, the firm reported owning 3,548K shares , representing an increase of 1.06%. The firm decreased its portfolio allocation in DRR by 2.09% over the last quarter.
IEFA - iShares Core MSCI EAFE ETF holds 2,761K shares representing 0.52% ownership of the company. In its prior filing, the firm reported owning 2,691K shares , representing an increase of 2.54%. The firm decreased its portfolio allocation in DRR by 5.60% over the last quarter.
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