FY2026 EPS Estimates for Alamos Gold Decreased by Analyst

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Equities research analysts at Scotiabank decreased their FY2026 earnings per share estimates for Alamos Gold in a note issued to investors on Friday, June 26th. Scotiabank analyst O. Habib now expects that the basic materials company will post earnings per share of $1.96 for the year, down from their previous estimate of $2.16. The consensus estimate for Alamos Gold’s current full-year earnings is $2.38 per share. Scotiabank also issued estimates for Alamos Gold’s FY2027 earnings at $2.73 EPS.

Other equities analysts have also issued reports about the company. Weiss Ratings lowered Alamos Gold from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Alamos Gold in a research report on Saturday, June 20th. Bank of America dropped their price objective on Alamos Gold from $57.00 to $50.00 and set a “buy” rating for the company in a research note on Monday, June 22nd. Finally, Wall Street Zen cut shares of Alamos Gold from a “buy” rating to a “hold” rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $53.00.

Alamos Gold Price Performance

Shares of Alamos Gold stock opened at $30.28 on Wednesday. Alamos Gold has a 52-week low of $23.92 and a 52-week high of $55.41. The stock has a market capitalization of $12.69 billion, a price-to-earnings ratio of 12.06, a price-to-earnings-growth ratio of 0.41 and a beta of 0.49. The company has a fifty day moving average of $38.72 and a 200-day moving average of $41.89. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.61 and a current ratio of 2.01.

Alamos Gold (NYSE:AGI) (TSE:AGI) last posted its quarterly earnings data on Wednesday, April 29th. The basic materials company reported $0.54 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.54. Alamos Gold had a net margin of 51.24% and a return on equity of 18.03%. The company had revenue of $596.70 million during the quarter, compared to the consensus estimate of $612.35 million. During the same period in the previous year, the firm posted $0.14 EPS. The firm’s revenue was up 79.2% compared to the same quarter last year.

Alamos Gold Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 11th were issued a $0.04 dividend. The ex-dividend date was Thursday, June 11th. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. Alamos Gold’s dividend payout ratio is 6.37%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of AGI. Van ECK Associates Corp increased its stake in shares of Alamos Gold by 35.3% during the third quarter. Van ECK Associates Corp now owns 45,544,137 shares of the basic materials company’s stock valued at $1,587,666,000 after purchasing an additional 11,876,324 shares in the last quarter. Norges Bank bought a new stake in shares of Alamos Gold in the 4th quarter worth approximately $219,475,000. Massachusetts Financial Services Co. MA purchased a new stake in shares of Alamos Gold in the 4th quarter worth approximately $72,410,000. Bank of America Corp DE grew its stake in shares of Alamos Gold by 137.3% in the 3rd quarter. Bank of America Corp DE now owns 2,624,565 shares of the basic materials company’s stock worth $91,492,000 after buying an additional 1,518,374 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in Alamos Gold by 105.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,394,604 shares of the basic materials company’s stock valued at $64,032,000 after buying an additional 1,227,695 shares in the last quarter. 64.33% of the stock is currently owned by institutional investors.

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.