Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI - Analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for Alamos Gold in a report issued on Wednesday, March 19th. Scotiabank analyst O. Habib now expects that the basic materials company will post earnings per share of $1.06 for the year, down from their previous forecast of $1.12. The consensus estimate for Alamos Gold's current full-year earnings is $1.29 per share.
A number of other brokerages have also recently weighed in on AGI. Royal Bank of Canada lifted their price objective on Alamos Gold from $25.00 to $27.00 and gave the company an "outperform" rating in a research note on Tuesday, February 11th. National Bank Financial raised Alamos Gold from a "sector perform" rating to an "outperform" rating in a research note on Tuesday, December 3rd. Six analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of $26.06.
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AGI stock opened at $26.06 on Monday. The business has a fifty day moving average of $22.46 and a two-hundred day moving average of $20.48. The company has a quick ratio of 0.96, a current ratio of 1.51 and a debt-to-equity ratio of 0.08. The stock has a market cap of $10.95 billion, a price-to-earnings ratio of 37.76, a price-to-earnings-growth ratio of 0.40 and a beta of 1.15. Alamos Gold has a 52-week low of $13.53 and a 52-week high of $26.35.
Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last posted its earnings results on Wednesday, February 19th. The basic materials company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.01. The company had revenue of $375.80 million during the quarter, compared to analysts' expectations of $388.06 million. Alamos Gold had a return on equity of 10.05% and a net margin of 21.11%.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. PKO Investment Management Joint Stock Co purchased a new stake in Alamos Gold during the 4th quarter worth about $3,331,000. B. Riley Wealth Advisors Inc. lifted its holdings in Alamos Gold by 45.9% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 185,652 shares of the basic materials company's stock worth $3,423,000 after buying an additional 58,402 shares during the last quarter. Mackenzie Financial Corp lifted its holdings in Alamos Gold by 2.0% during the 4th quarter. Mackenzie Financial Corp now owns 7,371,629 shares of the basic materials company's stock worth $135,855,000 after buying an additional 145,726 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. purchased a new stake in Alamos Gold during the 4th quarter worth about $711,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in Alamos Gold during the 4th quarter worth about $4,260,000. 64.33% of the stock is currently owned by hedge funds and other institutional investors.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a $0.025 dividend. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.10 dividend on an annualized basis and a yield of 0.38%. Alamos Gold's dividend payout ratio (DPR) is presently 14.49%.
Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.
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