Brokers Set Expectations for Alamos Gold FY2026 Earnings
Alamos Gold Inc. (NYSE:AGI) (TSE: AGI) has recently been the center of attention among equities researchers, particularly at Scotiabank, who have set their earnings per share (EPS) estimates for the company’s fiscal year 2026. In a report issued on January 8th, Scotiabank analyst O. Habib projected that Alamos Gold would post an EPS of $1.12 for the year, while the consensus estimate for the current full-year earnings is $0.77 per share.
Various brokerages have also weighed in on the company’s prospects. Jefferies Financial Group has increased its target price for Alamos Gold from $23.00 to $28.00, giving the company a “buy” rating. Previously, StockNews.com adjusted Alamos Gold from a “strong-buy” to a “buy” status. Moreover, National Bank Financial upgraded the company’s shares from a “sector perform” rating to an “outperform” rating.
Overall, six investment analysts have placed Alamos Gold with a buy rating, giving the stock an average rating of “Buy” and a target price consensus of $25.06.
The stock opened at $19.34, with a debt-to-equity ratio of 0.08, a current ratio of 1.62, and a quick ratio of 0.97. Over the past 12 months, Alamos Gold has fluctuated between a low of $11.24 and a high of $21.45. Its market capitalization is currently valued at $8.13 billion, featuring a PE ratio of 32.23, a P/E/G ratio of 0.93, and a beta of 1.15. Meanwhile, the 50-day simple moving average is $18.86, and the 200-day simple moving average is $18.71.
Alamos Gold released its latest earnings results on November 6th, highlighting earnings per share of $0.19 for the quarter. This figure fell short of the consensus estimate by $0.03. Despite the shortfall, the company generated $360.90 million in revenue for the quarter. It achieved a net margin of 19.89% and a return on equity of 8.85%.
Institutional investors have been actively adjusting their positions in Alamos Gold. For instance, CWA Asset Management Group LLC boosted its stake by 8.6% in the fourth quarter, resulting in ownership of 43,210 shares valued at $797,000. Similarly, Principal Financial Group Inc. raised its holdings by 3.7% in the third quarter. Tidal Investments LLC markedly increased its stake by 267% in the same period. Wilmington Savings Fund Society FSB acquired a new position, and Virtu Financial LLC purchased additional shares, demonstrating heightened interest in the company’s stock. In total, institutional investors and hedge funds own approximately 64.33% of the stock.
Notably, Alamos Gold has declared a quarterly dividend, paying $0.025 per share to stockholders as of December 5th, summed up to an annual dividend of $0.10 and a yield of 0.52%. The dividend payout ratio is presently at 16.67%.
Engaging in the acquisition, exploration, development, and extraction of precious metals, Alamos Gold operates primarily in Canada and Mexico. The company holds a 100% interest in several key gold mines, including the Young-Davidson and Island Gold mines in Ontario, Canada, the Mulatos mine in Sonora, Mexico, and the Lynn Lake project in Manitoba, Canada.
