Royalty Pharma plc (RPRX)

NASDAQ: RPRX · Real-Time Price · USD
25.54
+0.14 (0.55%)
Dec 27, 2024, 4:00 PM EST - Market open
0.55%
Market Cap 15.05B
Revenue (ttm) 2.27B
Net Income (ttm) 1.15B
Shares Out 589.18M
EPS (ttm) 2.55
PE Ratio 10.00
Forward PE 6.10
Dividend $0.84 (3.29%)
Ex-Dividend Date Nov 15, 2024
Volume 2,019,124
Open 25.27
Previous Close 25.40
Day's Range 25.27 - 25.67
52-Week Range 24.05 - 31.66
Beta 0.46
Analysts Strong Buy
Price Target 41.67 (+63.16%)
Earnings Date Feb 13, 2025

About RPRX

Royalty Pharma plc operates as a buyer of biopharmaceutical royalties and a funder of innovations in the biopharmaceutical industry in the United States. It is also involved in the identification, evaluation, and acquisition of royalties on various biopharmaceutical therapies. In addition, the company collaborates with innovators from academic institutions, research hospitals and not-for-profits, small and mid-cap biotechnology companies, and pharmaceutical companies. Its portfolio consists of royalties on approximately 35 commercial products a... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Jun 16, 2020
Employees 89
Stock Exchange NASDAQ
Ticker Symbol RPRX
Full Company Profile

Financial Performance

In 2023, Royalty Pharma's revenue was $2.35 billion, an increase of 5.24% compared to the previous year's $2.24 billion. Earnings were $1.13 billion, an increase of 2549.50%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for RPRX stock is "Strong Buy." The 12-month stock price forecast is $41.67, which is an increase of 63.16% from the latest price.

Price Target
$41.67
(63.16% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Royalty Pharma to Present at Upcoming Investor Conferences

NEW YORK, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it will participate in the following upcoming investor conferences during the month of December:

4 weeks ago - GlobeNewsWire

Undercovered Dozen: Aurora Cannabis, FREYR Battery, Royalty Pharma, Talos Energy +

The 'Undercovered' Dozen series highlights 12 lesser-covered stocks from the past week, aiming to spark ideas and discussions among retail investors. Veradigm Inc. is undervalued due to regulatory pre...

6 weeks ago - Seeking Alpha

Royalty Pharma Announces Inaugural Prize for Impact in Healthcare

NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced the inaugural Royalty Pharma Prize for Impact in Healthcare, which honors individuals or organizations who...

6 weeks ago - GlobeNewsWire

Royalty Pharma: Massive Opportunity Ahead

Royalty Pharma's Q3 results met expectations, with a modest 2024 outlook increase, driven by strong portfolio performance and new royalty acquisitions. The CF franchise remains a key cash cow despite ...

7 weeks ago - Seeking Alpha

Royalty Pharma to Acquire Royalty Interest in Geron's RYTELO for $125 Million

NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it will acquire a synthetic royalty on U.S. sales of Geron Corporation's (Nasdaq: GERN) RYTELO for $1...

7 weeks ago - GlobeNewsWire

Royalty Pharma plc (RPRX) Q3 2024 Earnings Call Transcript

Royalty Pharma plc (NASDAQ:RPRX) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants George Grofik - SVP, Head, Investor Relations and Communications Pablo Legorreta - F...

7 weeks ago - Seeking Alpha

Wall Street's Most Accurate Analysts Give Their Take On 3 Health Care Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: JNJMDT
7 weeks ago - Benzinga

Royalty Pharma Reports Third Quarter 2024 Results

NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today reported financial results for the third quarter of 2024 and raised full year 2024 guidance for Portfolio Receipts.

7 weeks ago - GlobeNewsWire

Royalty Pharma and Syndax Pharmaceuticals Enter Into $350 Million Royalty Funding Agreement for Niktimvo

NEW YORK and WALTHAM, Mass., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) and Syndax Pharmaceuticals (Nasdaq: SNDX) today announced that Royalty Pharma has entered into a $350 m...

7 weeks ago - GlobeNewsWire

Syndax Pharmaceuticals and Royalty Pharma Enter into $350 Million Royalty Funding Agreement for Niktimvo™

Proceeds expected to support the upcoming planned launches and fund the continued development of Niktimvo and revumenib Expected to fund Company through profitability; proforma cash approaching $800 m...

Other symbols: SNDX
7 weeks ago - PRNewsWire

Royalty Pharma to Announce Third Quarter 2024 Financial Results on November 6, 2024

NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it will report its third quarter 2024 financial results on Wednesday, November 6, 2024 before the U.S...

2 months ago - GlobeNewsWire

Royalty Pharma Declares Fourth Quarter 2024 Dividend

NEW YORK, Oct. 11, 2024 (GLOBE NEWSWIRE) -- The board of directors of Royalty Pharma plc (Nasdaq: RPRX) has approved the payment of a dividend for the fourth quarter of 2024 of $0.21 per Class A ordin...

2 months ago - GlobeNewsWire

Royalty Pharma and Ascendis Pharma Enter Into $150 Million Royalty Funding Agreement

Proceeds to support continued development and commercialization of Endocrine Rare Disease products, including the Yorvipath U.S. commercial launch, and general corporate purposes Proceeds to support c...

4 months ago - GlobeNewsWire

Royalty Pharma to Present at Morgan Stanley's 22nd Annual Global Healthcare Conference

NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it will participate in a fireside chat at Morgan Stanley's 22nd Annual Health Care Conference on Sept...

4 months ago - GlobeNewsWire

Royalty Pharma plc Q2: Beat And Raise Reaffirm Our Buy Rating

Vertex franchise poses a significant downside risk. That said, Royalty Pharma has solid execution capabilities and is diversifying earnings with new investments. The company raised its 2024 outlook af...

4 months ago - Seeking Alpha

Royalty Pharma: Busy Putting Capital To Work

Royalty Pharma's stock has underperformed recently, down 7% year to date while the S&P500 has climbed 13%. In the company's latest Q2'24 results, Royalty Pharma reported a 12% increase in portfolio re...

5 months ago - Seeking Alpha

Royalty Pharma plc (RPRX) Q2 2024 Earnings Call Transcript

Royalty Pharma plc (NASDAQ:RPRX) Q2 2024 Earnings Conference Call August 8, 2024 8:00 AM ET Company Participants George Grofik – Senior Vice President, Head of Investor Relations and Communications P...

5 months ago - Seeking Alpha

Royalty Pharma Appoints Molly Sawaya as Executive Vice President, Head of Human Capital

NEW YORK, July 24, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced the appointment of Molly Sawaya as Executive Vice President, Head of Human Capital.

5 months ago - GlobeNewsWire

Royalty Pharma to Announce Second Quarter 2024 Financial Results on August 8, 2024

NEW YORK, July 19, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it will report its second quarter 2024 financial results on Thursday, August 8, 2024 before the U.S. ...

5 months ago - GlobeNewsWire

Royalty Pharma Declares Third Quarter 2024 Dividend

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- The board of directors of Royalty Pharma plc (Nasdaq: RPRX) has approved the payment of a dividend for the third quarter of 2024 of $0.21 per Class A ordina...

5 months ago - GlobeNewsWire

Royalty Pharma to Present at the Goldman Sachs 45th Annual Global Healthcare Conference

NEW YORK, June 04, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it is scheduled to participate in a fireside chat at the Goldman Sachs 45th Annual Global Healthcare ...

7 months ago - GlobeNewsWire

Royalty Pharma Announces Pricing of $1.5 Billion of Senior Unsecured Notes

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) announced today that it has priced an offering of $1.5 billion of senior unsecured notes, comprised of the following (coll...

7 months ago - GlobeNewsWire

Royalty Pharma and Agios Pharmaceuticals Enter Into Vorasidenib Royalty Agreement for $905 Million

NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it has acquired an interest in Agios Pharmaceuticals' royalty on Servier's vorasidenib for $905 millio...

7 months ago - GlobeNewsWire

Royalty Pharma and Cytokinetics Announce Expanded Strategic Funding Collaboration Totaling Up to $575 Million to Support Commercial Launch of Aficamten and to Advance R&D Pipeline

NEW YORK and SOUTH SAN FRANCISCO, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) and Cytokinetics, Incorporated (Nasdaq: CYTK) today announced they have entered into a stra...

7 months ago - GlobeNewsWire

Royalty Pharma PLC (RPRX) Q1 2024 Earnings Call Transcript

Royalty Pharma PLC (NASDAQ:RPRX) Q1 2024 Earnings Conference Call May 9, 2024 8:00 AM ET Company Participants George Grofik - Senior Vice President & Head of Investor Relations & Communications Pablo...

8 months ago - Seeking Alpha