FY2026 EPS Estimates for Eldorado Gold Lowered by Analyst

Eldorado Gold Corporation (NYSE:EGO) (TSE:ELD) – Scotiabank reduced their FY2026 EPS estimates for shares of Eldorado Gold in a note issued to investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now expects that the basic materials company will earn $2.76 per share for the year, down from their prior estimate of $2.99. Scotiabank currently has a “Sector Outperform” rating and a $47.00 target price on the stock. The consensus estimate for Eldorado Gold’s current full-year earnings is $3.41 per share.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last issued its earnings results on Thursday, April 30th. The basic materials company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.26. Eldorado Gold had a net margin of 28.62% and a return on equity of 11.60%. The business had revenue of $532.43 million during the quarter, compared to the consensus estimate of $503.31 million.

A number of other analysts have also recently issued reports on EGO. Weiss Ratings cut Eldorado Gold from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, June 11th. TD Securities decreased their target price on Eldorado Gold from $45.00 to $40.00 and set a “hold” rating on the stock in a report on Tuesday, April 14th. ATB Cormark Capital Markets lowered Eldorado Gold from a “moderate buy” rating to a “hold” rating in a report on Monday, May 4th. BMO Capital Markets restated an “outperform” rating on shares of Eldorado Gold in a research note on Wednesday, April 15th. Finally, TD Cowen cut their price target on Eldorado Gold from $45.00 to $40.00 and set a “hold” rating for the company in a report on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $41.83.

Eldorado Gold Price Performance

Shares of NYSE EGO opened at $30.39 on Monday. The business’s 50 day moving average price is $31.42 and its two-hundred day moving average price is $36.09. The company has a market cap of $7.94 billion, a PE ratio of 10.81, a price-to-earnings-growth ratio of 0.19 and a beta of 0.62. The company has a quick ratio of 1.18, a current ratio of 1.62 and a debt-to-equity ratio of 0.27. Eldorado Gold has a twelve month low of $20.15 and a twelve month high of $51.16.

Institutional Investors Weigh In On Eldorado Gold

Several hedge funds have recently bought and sold shares of the stock. Linden Thomas Advisory Services LLC raised its holdings in shares of Eldorado Gold by 4.2% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 7,896 shares of the basic materials company’s stock worth $284,000 after buying an additional 318 shares in the last quarter. Savant Capital LLC grew its position in Eldorado Gold by 2.7% in the fourth quarter. Savant Capital LLC now owns 14,135 shares of the basic materials company’s stock valued at $508,000 after acquiring an additional 371 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its position in Eldorado Gold by 0.9% in the third quarter. CANADA LIFE ASSURANCE Co now owns 63,081 shares of the basic materials company’s stock valued at $1,794,000 after acquiring an additional 582 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Eldorado Gold by 8.7% in the first quarter. EverSource Wealth Advisors LLC now owns 10,216 shares of the basic materials company’s stock valued at $351,000 after acquiring an additional 819 shares during the last quarter. Finally, Smartleaf Asset Management LLC acquired a new position in Eldorado Gold during the fourth quarter worth about $33,000. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Eldorado Gold Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were issued a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, June 2nd. Eldorado Gold’s dividend payout ratio is currently 10.68%.

Eldorado Gold Company Profile

Eldorado Gold Corporation is a Canada‐based gold producer engaged in the acquisition, exploration, development and operation of mineral properties. The company’s core focus is on gold, silver and select base metals, with an emphasis on advancing projects through feasibility and into production. Eldorado Gold maintains a diversified portfolio of both producing mines and advanced‐stage development projects.

Operationally, Eldorado Gold manages multiple gold mining operations across Turkey, Canada and Greece.