Raymond James Financial Estimates CVE:ELE FY2025 Earnings

by · The Markets Daily

Elemental Altus Royalties Corp. (CVE:ELE – Free Report) – Stock analysts at Raymond James Financial lowered their FY2025 EPS estimates for shares of Elemental Altus Royalties in a report issued on Monday, September 8th. Raymond James Financial analyst B. Macarthur now forecasts that the company will earn $0.07 per share for the year, down from their previous estimate of $0.08. Raymond James Financial also issued estimates for Elemental Altus Royalties’ Q4 2025 earnings at $0.01 EPS.

Separately, National Bank Financial upgraded shares of Elemental Altus Royalties from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, June 11th. One analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Elemental Altus Royalties presently has an average rating of “Strong Buy” and a consensus target price of C$2.25.

View Our Latest Research Report on Elemental Altus Royalties

Elemental Altus Royalties Stock Performance

Shares of CVE:ELE opened at C$2.35 on Tuesday. The company has a market cap of C$579.80 million, a PE ratio of 78.33 and a beta of 0.01. Elemental Altus Royalties has a 52 week low of C$1.04 and a 52 week high of C$2.48. The firm has a 50 day simple moving average of C$2.06 and a 200 day simple moving average of C$1.64.

Elemental Altus Royalties Company Profile

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Endesa, SA engages in the generation, distribution, and sale of electricity primarily in Spain and Portugal. The company generates electricity from various energy sources, such as hydroelectric, nuclear, thermal, wind, and solar. As of December 31, 2020, its distributed electricity to approximately 21 million populations covering a total area of approximately 195,488 square kilometers.

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