FY2026 EPS Estimates for Alamos Gold Raised by Scotiabank

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Research analysts at Scotiabank upped their FY2026 earnings per share (EPS) estimates for Alamos Gold in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst O. Habib now expects that the basic materials company will earn $2.20 per share for the year, up from their prior forecast of $1.96. Scotiabank currently has a “Outperform” rating on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $2.17 per share. Scotiabank also issued estimates for Alamos Gold’s FY2027 earnings at $2.82 EPS.

Several other research firms have also recently weighed in on AGI. Bank of America cut their target price on shares of Alamos Gold from $50.00 to $39.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Royal Bank Of Canada cut their price objective on Alamos Gold from $52.00 to $42.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Alamos Gold in a research report on Saturday, June 20th. Weiss Ratings cut Alamos Gold from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Finally, Jefferies Financial Group reduced their price objective on Alamos Gold from $50.00 to $49.00 and set a “buy” rating on the stock in a research note on Monday, July 6th. Ten analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $47.50.

Alamos Gold Trading Up 0.0%

Shares of AGI opened at $28.26 on Monday. The firm has a market cap of $11.83 billion, a P/E ratio of 11.26, a price-to-earnings-growth ratio of 0.37 and a beta of 0.55. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.01 and a quick ratio of 1.61. Alamos Gold has a 1 year low of $23.92 and a 1 year high of $55.41. The company has a 50 day simple moving average of $35.27 and a two-hundred day simple moving average of $41.05.

Alamos Gold (NYSE:AGI) (TSE:AGI) last issued its earnings results on Wednesday, April 29th. The basic materials company reported $0.54 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.54. Alamos Gold had a return on equity of 18.03% and a net margin of 51.24%.The company had revenue of $596.70 million for the quarter, compared to the consensus estimate of $612.35 million. During the same quarter last year, the company earned $0.14 EPS. The firm’s quarterly revenue was up 79.2% on a year-over-year basis.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AGI. Vanguard Group Inc. raised its position in Alamos Gold by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 17,565,941 shares of the basic materials company’s stock valued at $678,291,000 after purchasing an additional 332,335 shares during the period. Arrowstreet Capital Limited Partnership lifted its stake in shares of Alamos Gold by 11.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 9,095,054 shares of the basic materials company’s stock valued at $351,072,000 after purchasing an additional 964,317 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in shares of Alamos Gold by 6.3% in the 4th quarter. CIBC Asset Management Inc now owns 8,716,153 shares of the basic materials company’s stock worth $338,372,000 after purchasing an additional 514,819 shares during the period. Norges Bank purchased a new position in shares of Alamos Gold in the 4th quarter worth approximately $219,475,000. Finally, Renaissance Technologies LLC increased its position in shares of Alamos Gold by 1.8% during the 1st quarter. Renaissance Technologies LLC now owns 5,118,171 shares of the basic materials company’s stock valued at $227,400,000 after purchasing an additional 92,227 shares during the last quarter. Hedge funds and other institutional investors own 64.33% of the company’s stock.

Alamos Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 11th were issued a $0.04 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.6%. Alamos Gold’s dividend payout ratio (DPR) is presently 6.37%.

About Alamos Gold

Alamos Gold Inc is a Canadian-based intermediate gold producer engaged in the exploration, development and operation of mining projects in North America. Its principal activities include the acquisition, exploration and development of gold-bearing properties, and the management of operating mines. The company focuses on sustainable production practices and maintains a portfolio that spans both producing assets and advanced-stage development projects.

Alamos Gold operates multiple open pit and underground mines, including the Young-Davidson and Island Gold mines in Ontario, Canada, and the Mulatos mine in Sonora, Mexico.