FY2026 Earnings Estimate for Oceanagold Issued By Scotiabank

Oceanagold Corp. (NYSE:OGC) – Stock analysts at Scotiabank cut their FY2026 earnings per share estimates for Oceanagold in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $4.69 for the year, down from their previous estimate of $4.89. Scotiabank currently has a “Strong-Buy” rating on the stock. Scotiabank also issued estimates for Oceanagold’s FY2027 earnings at $4.34 EPS.

Several other research firms also recently weighed in on OGC. Zacks Research downgraded Oceanagold from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 7th. Jefferies Financial Group upgraded shares of Oceanagold to a “strong-buy” rating in a research report on Tuesday, June 9th. Finally, Weiss Ratings downgraded shares of Oceanagold from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 8th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Oceanagold Price Performance

Shares of OGC opened at $22.42 on Friday. The company’s 50 day simple moving average is $26.26. Oceanagold has a 12-month low of $13.16 and a 12-month high of $43.33. The company has a market cap of $4.99 billion and a P/E ratio of 22.20.

Oceanagold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Wednesday, May 20th were given a dividend of $0.09 per share. The ex-dividend date was Wednesday, May 20th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.6%. Oceanagold’s dividend payout ratio (DPR) is presently 35.64%.

OceanaGold Corporation is a gold and copper mining company that explores for, develops, and operates precious metals projects. The company’s portfolio includes producing mines and development assets, with a focus on the extraction and processing of gold and copper from its owned and operated operations.

Founded in 1989, OceanaGold has built a business centered on long-life mineral assets and responsible mining practices. Its operations have historically been located in the Asia-Pacific region, including New Zealand, the Philippines, and the United States, giving it exposure to several established mining jurisdictions.

The company is headquartered in Vancouver, Canada.