FY2026 EPS Estimates for Alamos Gold Reduced by Analyst

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Investment analysts at Scotiabank cut their FY2026 earnings per share (EPS) estimates for shares of Alamos Gold in a report issued on Wednesday, April 1st. Scotiabank analyst O. Habib now expects that the basic materials company will post earnings of $2.58 per share for the year, down from their prior estimate of $2.64. Scotiabank currently has a “Sector Outperform” rating and a $60.00 target price on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $1.29 per share.

Alamos Gold (NYSE:AGI) (TSE:AGI) last posted its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.05. The business had revenue of $575.30 million for the quarter, compared to analyst estimates of $596.18 million. Alamos Gold had a return on equity of 14.83% and a net margin of 48.97%.The business’s revenue was up 53.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.25 EPS.

AGI has been the topic of a number of other reports. Weiss Ratings restated a “buy (a)” rating on shares of Alamos Gold in a research report on Monday, December 29th. Jefferies Financial Group reaffirmed a “buy” rating and set a $49.00 price objective on shares of Alamos Gold in a research report on Sunday, December 7th. Wall Street Zen lowered shares of Alamos Gold from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 1st. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Alamos Gold in a report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Alamos Gold has an average rating of “Buy” and a consensus target price of $45.50.

Alamos Gold Stock Up 2.7%

AGI stock opened at $45.63 on Thursday. The firm has a market cap of $19.16 billion, a price-to-earnings ratio of 21.73, a PEG ratio of 0.59 and a beta of 0.63. Alamos Gold has a 1-year low of $23.49 and a 1-year high of $55.41. The firm has a fifty day moving average price of $44.97 and a two-hundred day moving average price of $38.90. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.00 and a quick ratio of 1.60.

Alamos Gold Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were paid a $0.04 dividend. The ex-dividend date was Thursday, March 12th. This is a positive change from Alamos Gold’s previous quarterly dividend of $0.03. This represents a $0.16 dividend on an annualized basis and a yield of 0.4%. Alamos Gold’s dividend payout ratio (DPR) is 7.62%.

Hedge Funds Weigh In On Alamos Gold

Several institutional investors have recently modified their holdings of the company. Atlantic Union Bankshares Corp bought a new stake in Alamos Gold in the 4th quarter valued at about $25,000. Clearstead Advisors LLC boosted its stake in Alamos Gold by 62.8% during the 4th quarter. Clearstead Advisors LLC now owns 651 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 251 shares during the period. Smartleaf Asset Management LLC grew its position in Alamos Gold by 44.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 722 shares of the basic materials company’s stock worth $28,000 after purchasing an additional 222 shares during the last quarter. 1620 Investment Advisors Inc. acquired a new stake in shares of Alamos Gold in the third quarter valued at approximately $35,000. Finally, Bayforest Capital Ltd acquired a new stake in shares of Alamos Gold in the fourth quarter valued at approximately $44,000. Institutional investors own 64.33% of the company’s stock.

Alamos Gold Company Profile

Alamos Gold Inc is a Canadian-based intermediate gold producer engaged in the exploration, development and operation of mining projects in North America. Its principal activities include the acquisition, exploration and development of gold-bearing properties, and the management of operating mines. The company focuses on sustainable production practices and maintains a portfolio that spans both producing assets and advanced-stage development projects.

Alamos Gold operates multiple open pit and underground mines, including the Young-Davidson and Island Gold mines in Ontario, Canada, and the Mulatos mine in Sonora, Mexico.