Royal Gold (RGLD) Reports Q1 adjusted EPS

Royal Gold, Inc. (NASDAQ:RGLD) is one of the

8 Best Debt Free Gold Stocks to Buy.

On May 6, 2026, Royal Gold, Inc. (NASDAQ:RGLD) reported Q1 adjusted EPS of $2.72, compared to the consensus estimate of $2.75. Revenue totaled $469.1M, versus the consensus estimate of $476.35M. CEO Bill Heissenbuttel said the company’s record first-quarter performance reflected the portfolio expansion initiatives completed during 2025. Heissenbuttel noted that contributions from newly added interests, alongside the legacy portfolio and stronger metal prices, helped drive significant increases in revenue, cash flow, and earnings. Management also highlighted the company’s long-term capital allocation strategy and said Royal Gold now has additional flexibility to create shareholder value depending on market conditions.

On May 4, Royal Gold’s board approved a new $500M share repurchase program. The company said repurchases may be conducted through open market purchases or other means at management’s discretion, depending on market conditions and alternative uses of capital. Royal Gold added that the program is intended to be used when management believes there is a meaningful gap between the company’s market valuation and its view of Royal Gold’s intrinsic value and long-term outlook.

Last month, UBS analyst Daniel Major initiated coverage of Royal Gold, Inc. (NASDAQ:RGLD) with a Buy rating and a $325 price target. UBS said the company offers relatively lower-risk exposure to rising gold prices compared to many traditional gold miners and argued that its near- and medium-term production growth potential is not fully reflected in the current valuation.

Royal Gold, Inc. (NASDAQ:RGLD) acquires and manages precious metal streams, royalties, and related interests across mining jurisdictions worldwide.

While we acknowledge the potential of RGLD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.