FY2026 EPS Estimates for Alamos Gold Lifted by Scotiabank

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for Alamos Gold in a research note issued on Wednesday, July 15th. Scotiabank analyst O. Habib now forecasts that the basic materials company will earn $2.20 per share for the year, up from their previous forecast of $1.96. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $2.19 per share. Scotiabank also issued estimates for Alamos Gold’s FY2027 earnings at $2.82 EPS.

Alamos Gold (NYSE:AGI) (TSE:AGI) last issued its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $0.54 EPS for the quarter, meeting analysts’ consensus estimates of $0.54. The company had revenue of $596.70 million during the quarter, compared to the consensus estimate of $612.35 million. Alamos Gold had a return on equity of 18.03% and a net margin of 51.24%.Alamos Gold’s revenue was up 79.2% on a year-over-year basis. During the same period last year, the business posted $0.14 earnings per share.

Several other brokerages have also issued reports on AGI. Weiss Ratings lowered Alamos Gold from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Jefferies Financial Group cut their price target on shares of Alamos Gold from $50.00 to $49.00 and set a “buy” rating on the stock in a report on Monday, July 6th. Bank of America reduced their price target on shares of Alamos Gold from $50.00 to $39.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Royal Bank Of Canada decreased their price objective on shares of Alamos Gold from $52.00 to $42.00 and set an “outperform” rating for the company in a report on Thursday, July 9th. Finally, Wall Street Zen downgraded shares of Alamos Gold from a “buy” rating to a “hold” rating in a report on Saturday, June 27th. Ten research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $47.50.

Alamos Gold Stock Up 4.8%

AGI stock opened at $29.51 on Monday. The stock’s fifty day simple moving average is $34.66 and its two-hundred day simple moving average is $40.91. The company has a current ratio of 2.01, a quick ratio of 1.61 and a debt-to-equity ratio of 0.05. Alamos Gold has a 1-year low of $23.92 and a 1-year high of $55.41. The stock has a market cap of $12.35 billion, a P/E ratio of 11.76, a P/E/G ratio of 0.36 and a beta of 0.55.

Alamos Gold Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, June 11th. Alamos Gold’s dividend payout ratio (DPR) is currently 6.37%.

Institutional Trading of Alamos Gold

Several hedge funds have recently made changes to their positions in the company. Atlantic Union Bankshares Corp bought a new position in shares of Alamos Gold during the 4th quarter worth $25,000. Clearstead Advisors LLC raised its stake in Alamos Gold by 62.7% in the 4th quarter. Clearstead Advisors LLC now owns 651 shares of the basic materials company’s stock valued at $25,000 after acquiring an additional 251 shares during the period. Smartleaf Asset Management LLC raised its stake 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 valued at $28,000 after acquiring an additional 222 shares during the period. Parallel Advisors LLC purchased a new stake in Alamos Gold during the first quarter valued at about $35,000. Finally, Bayforest Capital Ltd purchased a new stake in Alamos Gold during the fourth quarter valued at about $44,000. 64.33% of the stock is currently owned by institutional investors.

About Alamos Gold

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.