Alamos Gold Inc. (NYSE:AGI) to Post FY2025 Earnings of $0.76 Per Share, National Bank Financial Forecasts

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Equities research analysts at National Bank Financial upped their FY2025 earnings per share estimates for Alamos Gold in a report issued on Thursday, April 25th. National Bank Financial analyst M. Parkin now forecasts that the basic materials company will earn $0.76 per share for the year, up from their prior estimate of $0.68. National Bank Financial has a “Outperform Overweight” rating on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $0.66 per share.

AGI has been the topic of several other research reports. Jefferies Financial Group raised their price objective on Alamos Gold from $14.00 to $18.00 and gave the company a “buy” rating in a report on Monday, April 22nd. Bank of America raised Alamos Gold from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $21.75 to $27.25 in a report on Tuesday, April 9th. Royal Bank of Canada lifted their target price on Alamos Gold from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Tuesday, April 23rd. Finally, StockNews.com raised Alamos Gold from a “hold” rating to a “buy” rating in a report on Sunday, April 14th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.15.

Alamos Gold Stock Up 2.1 %

NYSE AGI opened at $15.30 on Monday. Alamos Gold has a twelve month low of $10.78 and a twelve month high of $16.01. The company has a market cap of $6.09 billion, a price-to-earnings ratio of 29.42, a price-to-earnings-growth ratio of 3.81 and a beta of 1.15. The business’s fifty day moving average is $13.79 and its 200 day moving average is $13.27.

Alamos Gold (NYSE:AGI) (TSE:AGI) last announced its quarterly earnings results on Thursday, April 25th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.13. Alamos Gold had a return on equity of 7.43% and a net margin of 19.41%. The company had revenue of $277.60 million during the quarter, compared to the consensus estimate of $271.15 million. During the same period in the prior year, the company earned $0.12 earnings per share. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cheviot Value Management LLC increased its position in Alamos Gold by 2.0% in the 4th quarter. Cheviot Value Management LLC now owns 51,927 shares of the basic materials company’s stock valued at $699,000 after buying an additional 1,000 shares in the last quarter. AE Wealth Management LLC increased its position in Alamos Gold by 2.8% in the 3rd quarter. AE Wealth Management LLC now owns 38,692 shares of the basic materials company’s stock valued at $437,000 after buying an additional 1,049 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in Alamos Gold by 3.9% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 29,830 shares of the basic materials company’s stock valued at $337,000 after buying an additional 1,109 shares in the last quarter. Natixis Advisors L.P. increased its position in Alamos Gold by 3.6% in the 4th quarter. Natixis Advisors L.P. now owns 32,588 shares of the basic materials company’s stock valued at $438,000 after buying an additional 1,137 shares in the last quarter. Finally, Kercheville Advisors LLC increased its position in Alamos Gold by 3.3% in the 4th quarter. Kercheville Advisors LLC now owns 37,200 shares of the basic materials company’s stock valued at $501,000 after buying an additional 1,200 shares in the last quarter. 64.33% of the stock is owned by institutional investors and hedge funds.

Alamos Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 14th were paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.65%. The ex-dividend date of this dividend was Wednesday, March 13th. Alamos Gold’s dividend payout ratio is 19.23%.

About Alamos Gold

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.