FY2026 EPS Estimates for Eldorado Gold Cut by Scotiabank

Eldorado Gold Corporation (NYSE:EGO) (TSE:ELD) – Investment analysts at Scotiabank dropped their FY2026 earnings per share estimates for shares of Eldorado Gold in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now anticipates that the basic materials company will post earnings per share of $2.76 for the year, down from their previous forecast 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 $3.87 per share.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last announced its quarterly earnings data on Thursday, April 30th. The basic materials company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.26. The business had revenue of $532.43 million during the quarter, compared to analysts’ expectations of $503.31 million. Eldorado Gold had a return on equity of 11.60% and a net margin of 28.62%.

Several other equities analysts have also issued reports on EGO. National Bank Financial upgraded Eldorado Gold to a “strong-buy” rating in a research report on Wednesday, April 15th. Zacks Research upgraded shares of Eldorado Gold from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Weiss Ratings lowered shares of Eldorado Gold from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, June 11th. Bank of America boosted their price objective on shares of Eldorado Gold from $31.00 to $33.00 and gave the company an “underperform” rating in a report on Thursday, July 9th. Finally, Royal Bank Of Canada lowered their target price on shares of Eldorado Gold from $39.00 to $37.00 and set a “sector perform” rating for the company in a research note on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $41.83.

Eldorado Gold Trading Down 0.0%

NYSE:EGO opened at $27.94 on Monday. Eldorado Gold has a 1-year low of $19.70 and a 1-year high of $51.16. The business’s 50-day moving average price is $31.65 and its two-hundred day moving average price is $36.19. The company has a current ratio of 1.62, a quick ratio of 1.18 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $7.30 billion, a price-to-earnings ratio of 9.94, a PEG ratio of 0.17 and a beta of 0.62.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. L1 Capital Pty Ltd increased its position in shares of Eldorado Gold by 35.2% during the fourth quarter. L1 Capital Pty Ltd now owns 9,640,407 shares of the basic materials company’s stock worth $346,283,000 after acquiring an additional 2,512,168 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Eldorado Gold by 2.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,546,074 shares of the basic materials company’s stock valued at $199,274,000 after acquiring an additional 132,170 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Eldorado Gold by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,113,413 shares of the basic materials company’s stock valued at $175,522,000 after acquiring an additional 54,964 shares in the last quarter. Mackenzie Financial Corp boosted its stake in Eldorado Gold by 904.1% in the 4th quarter. Mackenzie Financial Corp now owns 1,811,814 shares of the basic materials company’s stock worth $65,322,000 after purchasing an additional 1,631,373 shares during the period. Finally, Millennium Management LLC boosted its stake in Eldorado Gold by 490.6% in the 4th quarter. Millennium Management LLC now owns 1,787,062 shares of the basic materials company’s stock worth $64,193,000 after purchasing an additional 1,484,503 shares during the period. Institutional investors own 69.58% of the company’s stock.

Eldorado Gold Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 16th. Shareholders of record on Tuesday, June 2nd were issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 1.1%. The ex-dividend date was Tuesday, June 2nd. Eldorado Gold’s dividend payout ratio (DPR) is 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.