Eldorado Gold Corporation (NYSE:EGO) Stock Has Consensus Price Target of $46.57 According to Brokerages

Eldorado Gold Corporation (NYSE:EGO) (TSE:ELD) has been assigned a consensus recommendation of “Moderate Buy” from the fifteen ratings firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation, six have assigned a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $46.57.

Several equities research analysts have commented on EGO shares. Weiss Ratings lowered Eldorado Gold from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 23rd. Jefferies Financial Group initiated coverage on Eldorado Gold in a research report on Thursday, August 20th. They issued a “buy” rating and a $50.00 target price on the stock. Zacks Research lowered Eldorado Gold from a “hold” rating to a “strong sell” rating in a research note on Monday, October 19th. Stifel Nicolaus raised Eldorado Gold from a “hold” rating to a “buy” rating in a research note on Friday, July 31st. Finally, Royal Bank Of Canada boosted their price target on Eldorado Gold from $37.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Wednesday, September 16th.

Eldorado Gold Stock Down 6.2%

EGO stock opened at $32.31 on Friday. The stock has a market capitalization of $8.45 billion, a P/E ratio of 10.77, a P/E/G ratio of 0.35 and a beta of 0.67. The firm has a 50-day simple moving average of $40.02 and a 200-day simple moving average of $36.96. The company has a quick ratio of 0.85, a current ratio of 1.31 and a debt-to-equity ratio of 0.22. Eldorado Gold has a 52 week low of $24.57 and a 52 week high of $51.16.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last released its quarterly earnings results on Wednesday, October 28th. The basic materials company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.04). The company had revenue of $511.90 million for the quarter, compared to analyst estimates of $621.90 million. Eldorado Gold had a return on equity of 11.21% and a net margin of 31.67%. Equities analysts forecast that Eldorado Gold will post 2.78 earnings per share for the current fiscal year.

Eldorado Gold Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st will be issued a $0.0750 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $0.30 dividend on an annualized basis and a yield of 0.9%. Eldorado Gold’s dividend payout ratio (DPR) is presently 10.00%.

More Eldorado Gold News

Here are the key news stories impacting Eldorado Gold this week:

• Positive Sentiment: Eldorado declared a quarterly dividend of $0.075 per share, payable December 15 to shareholders of record December 1. The dividend represents an annualized payout of $0.30 per share and a yield of approximately 0.9%.
• Positive Sentiment: Management said the Skouries and McIlvenna Bay projects continue advancing toward commercial production, supporting the company’s longer-term growth outlook. Eldorado Gold Q3 2026 results and guidance update
• Neutral Sentiment: Third-quarter adjusted earnings and revenue increased from the prior-year period, but the results were not strong enough relative to expectations. Eldorado Gold Q3 adjusted earnings and revenue
• Negative Sentiment: Eldorado reported quarterly EPS of $0.49, below the $0.53 analyst consensus, while revenue of $511.9 million fell well short of the $621.9 million estimate. The earnings miss is likely weighing on investor sentiment. Eldorado Gold quarterly earnings report
• Negative Sentiment: Operational setbacks at Skouries pushed expected production costs to approximately $2,050 per ounce and contributed to an 18% reduction in the company’s 2026 gold outlook. Eldorado also revised its full-year production guidance lower, raising concerns about project delays, costs and near-term cash generation. Eldorado drops as Skouries setbacks cut gold outlook

Institutional Investors Weigh In On Eldorado Gold

Several institutional investors and hedge funds have recently added to or reduced their stakes in EGO. Profund Advisors LLC grew its position in shares of Eldorado Gold by 9.7% in the third quarter. Profund Advisors LLC now owns 20,747 shares of the basic materials company’s stock valued at $799,000 after purchasing an additional 1,828 shares in the last quarter. RWC Asset Management LLP purchased a new position in Eldorado Gold during the third quarter worth approximately $30,549,000. Fifth Third Wealth Advisors LLC purchased a new position in Eldorado Gold during the third quarter worth approximately $277,000. U S Global Investors Inc. purchased a new position in Eldorado Gold during the third quarter worth approximately $2,887,000. Finally, SBI Securities Co. Ltd. lifted its position in Eldorado Gold by 33.6% during the third quarter. SBI Securities Co. Ltd. now owns 4,544 shares of the basic materials company’s stock worth $175,000 after buying an additional 1,143 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

About Eldorado Gold

Eldorado Gold Corporation is a Canadian mining company focused on the exploration, development and operation of gold properties. The company produces gold and related by-products, including silver, and manages a portfolio of mines and development projects in Türkiye, Greece and Canada.

Eldorado’s operations and projects include the Kisladag and Efemcukuru gold mines in Türkiye, the Olympias polymetallic mine and Skouries copper-gold project in Greece, and the Lamaque gold operation in Quebec, Canada.