Royalty Pharma plc (RPRX)

NASDAQ: RPRX · IEX Real-Time Price · USD
28.16
+0.27 (0.97%)
At close: Apr 19, 2024, 4:00 PM
28.75
+0.59 (2.10%)
After-hours: Apr 19, 2024, 6:07 PM EDT
0.97%
Market Cap 12.58B
Revenue (ttm) 2.35B
Net Income (ttm) 1.13B
Shares Out 446.69M
EPS (ttm) 2.53
PE Ratio 11.13
Forward PE 7.08
Dividend $0.84 (2.98%)
Ex-Dividend Date May 16, 2024
Volume 1,775,551
Open 27.85
Previous Close 27.89
Day's Range 27.69 - 28.19
52-Week Range 25.92 - 36.48
Beta 0.45
Analysts Strong Buy
Price Target 46.75 (+66.02%)
Earnings Date May 9, 2024

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 4 analysts, the average rating for RPRX stock is "Strong Buy." The 12-month stock price forecast is $46.75, which is an increase of 66.02% from the latest price.

Price Target
$46.75
(66.02% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Royalty Pharma to Announce First Quarter 2024 Financial Results on May 9, 2024

NEW YORK, April 19, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it will report its first quarter 2024 financial results on Thursday, May 9, 2024 before the U.S. fin...

18 hours ago - GlobeNewsWire

Royalty Pharma Declares Second Quarter 2024 Dividend

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

2 days ago - GlobeNewsWire

Royalty Pharma to Present at TD Cowen's 44th Annual Health Care Conference

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it will participate in a fireside chat at TD Cowen's 44th Annual Health Care Conference on March 5, 2...

7 weeks ago - GlobeNewsWire

Royalty Pharma Reports Q4 and Full Year 2023 Results

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today reported financial results for the fourth quarter and full year of 2023 and introduced full year 2024 guidance for P...

2 months ago - GlobeNewsWire

Royalty Pharma To Announce Fourth Quarter And Full Year 2023 Financial Results On February 15, 2024

NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it will report its fourth quarter and full year 2023 financial results on Thursday, February 15, 2024...

2 months ago - GlobeNewsWire

Royalty Pharma Announces Dividend Increase

NEW YORK, Jan. 19, 2024 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that its board of directors has declared a dividend for the first quarter of 2024 of $0.21 per Class A sha...

3 months ago - GlobeNewsWire

Royalty Pharma to Present at the Evercore ISI 6th Annual HealthCONx Conference

NEW YORK, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it is scheduled to participate in a fireside chat at the Evercore ISI 6th Annual HealthCONx Conferenc...

5 months ago - GlobeNewsWire

MedinCell Applauds Teva and Royalty Pharma Collaboration to Further Accelerate Olanzapine LAI Program (Codename: mdc-TJK or TEV-‘749)

MONTPELLIER, France--(BUSINESS WIRE)--Regulatory News: MedinCell (Paris:MEDCL): In a joint press release announcing the financing agreement: Richard Francis, President and CEO of Teva said: “Since lau...

Other symbols: TEVA
5 months ago - Business Wire

Royalty Pharma and Teva Collaborate to Further Accelerate Olanzapine Lai Program

NEW YORK and TEL AVIV, Israel, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) and Teva Pharmaceuticals International GmbH, a subsidiary of Teva Pharmaceutical Industries Ltd. (NYS...

5 months ago - GlobeNewsWire

Teva and Royalty Pharma Collaborate to Further Accelerate Olanzapine LAI Program

TEL AVIV, Israel & NEW YORK--(BUSINESS WIRE)--Teva Pharmaceuticals International GmbH, a subsidiary of Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) and Royalty Pharma plc (Nasdaq: RPRX), ...

5 months ago - Business Wire

Royalty Pharma Reports Third Quarter 2023 Results

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) --  Royalty Pharma plc (Nasdaq: RPRX) today reported financial results for the third quarter of 2023 and raised full-year 2023 guidance for Adjusted Cash Recei...

5 months ago - GlobeNewsWire

Royalty Pharma to pay $1 bln for Roche's SMA drug royalties

Royalty Pharma said on Thursday it has purchased additional royalties on Roche and PTC Therapeutics' oral spinal muscular atrophy (SMA) drug for an upfront payment of $1 billion.

Other symbols: RHHBY
6 months ago - Reuters

Royalty Pharma Announces Agreement to Purchase Up to $1.5 Billion of PTC Therapeutics' Royalty on Evrysdi

NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) announced today an agreement with PTC Therapeutics, Inc. to acquire additional royalties on Roche's Evrysdi for $1.0 billi...

6 months ago - GlobeNewsWire

Royalty Pharma Declares Fourth Quarter 2023 Dividend

NEW YORK, Oct. 16, 2023 (GLOBE NEWSWIRE) -- The board of directors of Royalty Pharma plc (Nasdaq: RPRX) has approved the payment of a dividend for the fourth quarter of 2023 of $0.20 per Class A ordin...

6 months ago - GlobeNewsWire

Royalty Pharma To Announce Third Quarter 2023 Financial Results On November 8, 2023

NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it will report its third quarter 2023 financial results on Wednesday, November 8, 2023 before the U.S...

6 months ago - GlobeNewsWire

Royalty Pharma Appoints Eric Schneider as Chief Technology Officer

NEW YORK, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced the appointment of Eric Schneider as Senior Vice President, Chief Technology Officer. Eric will also join...

7 months ago - GlobeNewsWire

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

• P roceeds to support continued development and commercialization of Endocrine Rare Disease products and general corporate purposes

8 months ago - GlobeNewsWire

Royalty Pharma to Present at Upcoming Investor Conferences

NEW YORK, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it will participate in the following upcoming investor conferences during the month of September:

8 months ago - GlobeNewsWire

Royalty Pharma and Ferring Pharmaceuticals Enter Into US $500 Million Royalty Agreement for New Intravesical Gene Therapy Adstiladrin® (Nadofaragene Firadenovec-Vncg)

NEW YORK and SAINT PREX, Switzerland, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) and Ferring Pharmaceuticals today announced that Royalty Pharma has acquired a synthetic royal...

8 months ago - GlobeNewsWire

Royalty Pharma and Ferring Pharmaceuticals Enter into US $500 million Royalty Agreement for New Intravesical Gene Therapy Adstiladrin® (nadofaragene firadenovec-vncg)

SAINT-PREX, Switzerland & NEW YORK--(BUSINESS WIRE)--Royalty Pharma plc (Nasdaq: RPRX) and Ferring Pharmaceuticals today announced that Royalty Pharma has acquired a synthetic royalty on US net sales ...

8 months ago - Business Wire

Royalty Pharma Reports Second Quarter 2023 Results

NEW YORK, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today reported financial results for the second quarter of 2023 and raised full-year 2023 guidance for Adjusted Cash Recei...

9 months ago - GlobeNewsWire

Royalty Pharma to Announce Second Quarter 2023 Financial Results on August 8, 2023

NEW YORK, July 18, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it will report its second quarter 2023 financial results on Tuesday, August 8, 2023 before the U.S. f...

9 months ago - GlobeNewsWire

Royalty Pharma Declares Third Quarter 2023 Dividend

NEW YORK, July 17, 2023 (GLOBE NEWSWIRE) -- The board of directors of Royalty Pharma plc (Nasdaq: RPRX) has approved the payment of a dividend for the third quarter of 2023 of $0.20 per Class A ordina...

9 months ago - GlobeNewsWire

NASDAQ Stocks Hitting New 52-Week Lows: 4 Stocks To Watch

While a very few are just now coming off of all-time highs (Nvidia, among others), some are recently all the way down to new 52-week lows.

Other symbols: ERICJAZZPENN
10 months ago - Forbes

Royalty Pharma to Present at the Goldman Sachs 44th Annual Global Healthcare Conference

NEW YORK, June 07, 2023 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that it is scheduled to present at the Goldman Sachs 44th Annual Global Healthcare Conference on June 13, ...

11 months ago - GlobeNewsWire