
Coeur Mining, Inc. (NYSE:CDE – Free Report) – Investment analysts at Scotiabank cut their FY2026 EPS estimates for Coeur Mining in a report issued on Wednesday, July 15th. Scotiabank analyst E. Winmill now forecasts that the basic materials company will post earnings per share of $1.41 for the year, down from their prior estimate of $1.45. Scotiabank currently has a “Sector Outperform” rating and a $28.50 target price on the stock. The consensus estimate for Coeur Mining’s current full-year earnings is $1.38 per share. Scotiabank also issued estimates for Coeur Mining’s FY2027 earnings at $1.57 EPS.
Coeur Mining (NYSE:CDE – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The basic materials company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). Coeur Mining had a net margin of 31.15% and a return on equity of 15.38%. The firm had revenue of $856.19 million during the quarter, compared to analysts’ expectations of $815.59 million. During the same quarter in the previous year, the firm posted $0.11 EPS. The firm’s revenue for the quarter was up 137.8% on a year-over-year basis.
Read Our Latest Stock Analysis on Coeur Mining
Coeur Mining Trading Down 2.9%
CDE opened at $14.36 on Friday. The company has a quick ratio of 2.14, a current ratio of 3.73 and a debt-to-equity ratio of 0.07. The stock’s fifty day moving average is $17.22 and its two-hundred day moving average is $19.59. The company has a market capitalization of $14.85 billion, a P/E ratio of 12.38 and a beta of 1.29. Coeur Mining has a 52 week low of $8.56 and a 52 week high of $27.77.
Coeur Mining Dividend Announcement
The business also recently announced a dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 22nd were given a dividend of $0.02 per share. This represents a yield of 23.0%. The ex-dividend date of this dividend was Friday, May 22nd. Coeur Mining’s dividend payout ratio (DPR) is 3.45%.
Insider Activity
In other news, CAO Kenneth J. Watkinson sold 39,000 shares of Coeur Mining stock in a transaction on Monday, June 1st. The stock was sold at an average price of $18.60, for a total value of $725,400.00. Following the transaction, the chief accounting officer directly owned 77,204 shares in the company, valued at approximately $1,435,994.40. This trade represents a 33.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.90% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of CDE. Arrowstreet Capital Limited Partnership raised its stake in Coeur Mining by 92.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 27,981,273 shares of the basic materials company’s stock valued at $524,669,000 after buying an additional 13,418,041 shares during the last quarter. Tidal Investments LLC boosted its holdings in Coeur Mining by 55.3% in the second quarter. Tidal Investments LLC now owns 20,734,671 shares of the basic materials company’s stock worth $183,709,000 after acquiring an additional 7,382,955 shares in the last quarter. Norges Bank purchased a new stake in shares of Coeur Mining during the fourth quarter worth about $128,389,000. Renaissance Technologies LLC grew its stake in shares of Coeur Mining by 889.6% during the first quarter. Renaissance Technologies LLC now owns 6,870,813 shares of the basic materials company’s stock worth $128,965,000 after acquiring an additional 6,176,524 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Coeur Mining by 92.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 12,502,645 shares of the basic materials company’s stock valued at $222,922,000 after acquiring an additional 6,012,718 shares in the last quarter. Institutional investors own 63.01% of the company’s stock.
Coeur Mining Company Profile
Coeur Mining, Inc is a publicly traded precious metals mining company headquartered in Chicago, Illinois. The company specializes in the exploration, development and production of silver and gold deposits, with a focus on high-grade underground and open-pit operations. Through a combination of operating mines and advanced exploration projects, Coeur Mining seeks to deliver consistent production of silver and gold bullion while maintaining industry standards for safety, environmental stewardship and cost management.
Coeur Mining’s portfolio includes five principal operating mines and several exploration projects across North America and Australia.
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