RBC Capital sets CAD 18.00 target for Freehold Royalties stock

Published on 10/17/2026 at 22:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

October's dividend is CAD 0.09 per share. Freehold Royalties stock last traded at CAD 17.57 on October 16, 2026, up 2.39 percent.

Analyst target and shareholder returns

RBC Capital analyst Michael Harvey set a CAD 18.00 target on October 13, 2026.
Freehold Royalties declared a CAD 0.09 per-share dividend for October 2026.
Freehold Royalties stock last traded at CAD 17.57 on October 16, 2026, up 2.39 percent on the TSX.
The company had a CAD 2.9 billion market capitalization and a 20.53 price-to-earnings ratio.

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RBC Capital analyst Michael Harvey maintained a Hold rating and set a CAD 18.00 target for Freehold Royalties on October 13, 2026, according to Markets Insider. The target is 2.45 percent above the last TSX price of CAD 17.57. Freehold Royalties stock last traded at CAD 17.57 on October 16, 2026 at 10:00 p.m. CEST, up 2.39 percent from the prior close of CAD 17.16.

Dividend keeps the income angle visible

Freehold Royalties declared a CAD 0.09 per-share dividend for October 2026, with payment scheduled for October 15, 2026, according to the company's investor information. The regular monthly dividend is currently fixed at CAD 0.09 per share, while the next scheduled results date is November 10, 2026, for the third quarter of 2026, as listed on the Freehold Royalties investor page.

Revenue and the price position

Revenue reached CAD 100.29 million in the second quarter of 2026, while net income was CAD 56.96 million. The result included diluted earnings per share of CAD 0.35, according to Simply Wall St. Revenue was 28.00 percent higher than in the second quarter of 2025, giving the analyst target a recent operating backdrop.

The last traded price of CAD 17.57 stood 3.57 percent below the 52-week high of CAD 18.22 and 30.06 percent above the 52-week low of CAD 13.51. Trading volume was 405,629 shares against an average volume of 483,670 shares.

Valuation and peer comparison

Freehold Royalties had a market capitalization of CAD 2.9 billion, a price-to-earnings ratio of 20.53 and a dividend yield of 6.00 percent. Those figures frame the stock as an income-focused energy royalty company, while the target of CAD 18.00 offers a 2.45 percent comparison with the last TSX price.

Comparison with peers

Freehold Royalties (TSX, CAD): plus 2.39 percent, P/E 20.53, market capitalization CAD 2.9 billion.
Canadian Natural Resources (TSX, CAD): plus 3.19 percent, P/E 13.54, market capitalization CAD 156.9 billion.
Whitecap Resources (TSX, CAD): plus 2.59 percent, P/E 17.26, market capitalization CAD 24.5 billion.

Next date for investors

The next scheduled company date is November 10, 2026, when Freehold Royalties is due to report third-quarter 2026 results. The monthly dividend remains the clearest recurring shareholder return, while the CAD 18.00 target gives the market a dated comparison level.

Stock level and trading frame

Freehold Royalties stock last traded at CAD 17.57 on the TSX on October 16, 2026 at 10:00 p.m. CEST, up 2.39 percent from the prior close of CAD 17.16. The 52-week range ran from CAD 13.51 to CAD 18.22, with the stock 3.57 percent below the high. The next results date is November 10, 2026.