FY2026 EPS Estimates for Alamos Gold Reduced by Scotiabank

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Investment analysts at Scotiabank decreased their FY2026 earnings per share estimates for Alamos Gold in a research report issued on Friday, April 10th. Scotiabank analyst O. Habib now expects that the basic materials company will post earnings per share of $2.43 for the year, down from their prior estimate of $2.58. Scotiabank currently has a “Sector Outperform” rating and a $60.00 target price on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $1.29 per share. Scotiabank also issued estimates for Alamos Gold’s FY2027 earnings at $2.80 EPS.

Alamos Gold (NYSE:AGI) (TSE:AGI) last issued its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.05. The company had revenue of $575.30 million for the quarter, compared to analyst estimates of $596.18 million. Alamos Gold had a return on equity of 14.83% and a net margin of 48.97%.The company’s quarterly revenue was up 53.1% compared to the same quarter last year. During the same period last year, the company earned $0.25 earnings per share.

Other research analysts have also issued reports about the company. Weiss Ratings lowered Alamos Gold from a “buy (a-)” rating to a “buy (b+)” rating in a report on Thursday, April 2nd. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Alamos Gold in a report on Wednesday, February 4th. Finally, Wall Street Zen lowered Alamos Gold from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 1st. One equities research 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. Based on data from MarketBeat, Alamos Gold has an average rating of “Buy” and a consensus target price of $50.67.

Alamos Gold Price Performance

Shares of AGI opened at $48.23 on Monday. The firm has a market capitalization of $20.25 billion, a price-to-earnings ratio of 22.97, a price-to-earnings-growth ratio of 0.67 and a beta of 0.63. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.60 and a current ratio of 2.00. Alamos Gold has a one year low of $23.75 and a one year high of $55.41. The stock’s fifty day moving average is $45.84 and its 200-day moving average is $39.75.

Alamos Gold Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, March 12th. This is an increase from Alamos Gold’s previous quarterly dividend of $0.03. This represents a $0.16 dividend on an annualized basis and a yield of 0.3%. Alamos Gold’s dividend payout ratio is presently 7.62%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Alamos Gold by 3.1% during the third quarter. Vanguard Group Inc. now owns 17,233,606 shares of the basic materials company’s stock worth $600,712,000 after acquiring an additional 524,263 shares during the period. Intact Investment Management Inc. boosted its position in shares of Alamos Gold by 3.8% in the 3rd quarter. Intact Investment Management Inc. now owns 657,696 shares of the basic materials company’s stock valued at $22,928,000 after purchasing an additional 24,330 shares during the period. Caldwell Investment Management Ltd. boosted its position in shares of Alamos Gold by 143.5% in the 3rd quarter. Caldwell Investment Management Ltd. now owns 168,000 shares of the basic materials company’s stock valued at $5,818,000 after purchasing an additional 99,000 shares during the period. Allspring Global Investments Holdings LLC boosted its position in shares of Alamos Gold by 29.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,468,980 shares of the basic materials company’s stock valued at $51,192,000 after purchasing an additional 336,200 shares during the period. Finally, SBI Securities Co. Ltd. boosted its position in shares of Alamos Gold by 2,652.7% in the 3rd quarter. SBI Securities Co. Ltd. now owns 55,411 shares of the basic materials company’s stock valued at $1,932,000 after purchasing an additional 53,398 shares during the period. 64.33% of the stock is owned by institutional investors and hedge funds.

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.