Scotiabank Has Bullish Outlook for B2Gold FY2026 Earnings

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Analysts at Scotiabank increased their FY2026 EPS estimates for shares of B2Gold in a research report issued on Tuesday, October 13th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $0.53 for the year, up from their previous forecast of $0.51. Scotiabank has a “Strong-Buy” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

B2Gold (TSE:BTO) (NYSE:BTG) last announced its quarterly earnings data on Thursday, August 6th. The company reported C$0.04 earnings per share for the quarter. The company had revenue of C$1.12 billion during the quarter. B2Gold had a net margin of 21.20% and a return on equity of 21.87%.

A number of other brokerages have also commented on BTO. ATB Cormark Capital Markets raised shares of B2Gold from a “hold” rating to a “moderate buy” rating and raised their target price for the stock from C$6.50 to C$11.00 in a research report on Monday, August 10th. TD raised shares of B2Gold from a “hold” rating to a “buy” rating and lifted their price target for the company from C$6.00 to C$8.50 in a research note on Monday, August 10th. National Bank Financial lowered their price target on B2Gold from C$10.70 to C$9.75 and set an “outperform” rating for the company in a report on Tuesday, July 14th. Scotia upgraded B2Gold from a “sector perform” rating to a “sector outperform” rating and set a C$10.00 price target for the company in a report on Monday, August 10th. Finally, TD Securities raised B2Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Three equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of C$9.95.

B2Gold Price Performance

Shares of BTO stock opened at C$7.33 on Friday. The company has a debt-to-equity ratio of 11.48, a current ratio of 1.58 and a quick ratio of 3.33. The company has a market capitalization of C$9.68 billion, a P/E ratio of 13.09, a P/E/G ratio of -0.27 and a beta of 1.86. The company’s 50-day simple moving average is C$7.46 and its two-hundred day simple moving average is C$6.57. B2Gold has a one year low of C$5.02 and a one year high of C$8.60.

Insider Activity

In related news, insider William Lytle sold 177,190 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of C$7.16, for a total value of C$1,268,680.40. Following the completion of the sale, the insider directly owned 41,285 shares of the company’s stock, valued at C$295,600.60. This represents a 81.10% decrease in their ownership of the stock. Also, Director Jerry Korpan sold 200,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of C$7.06, for a total transaction of C$1,412,000.00. Following the completion of the sale, the director directly owned 2,280,000 shares of the company’s stock, valued at approximately C$16,096,800. This trade represents a 8.06% decrease in their ownership of the stock. Insiders own 0.66% of the company’s stock.

B2Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 23rd were issued a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Thursday, September 10th. B2Gold’s payout ratio is presently 14.29%.

B2Gold Company Profile

B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.