National Bank Financial Expects Higher Earnings for B2Gold

B2Gold Corp. (NYSE:BTG) – Investment analysts at National Bank Financial boosted their FY2025 EPS estimates for shares of B2Gold in a research note issued on Tuesday, April 22nd. National Bank Financial analyst D. Demarco now expects that the company will earn $0.44 per share for the year, up from their previous forecast of $0.19. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share. National Bank Financial also issued estimates for B2Gold’s FY2026 earnings at $0.45 EPS.

Other equities analysts have also issued research reports about the company. Cormark upgraded B2Gold from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 22nd. Scotiabank raised shares of B2Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. Raymond James reissued an “outperform” rating and issued a $4.50 price target on shares of B2Gold in a research note on Friday, April 4th. TD Securities cut shares of B2Gold from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Finally, Bank of America lowered B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, five have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, B2Gold currently has an average rating of “Hold” and an average target price of $4.21.

B2Gold Trading Down 2.2 %

Shares of B2Gold stock opened at $3.08 on Friday. The stock has a 50 day moving average of $2.97 and a 200 day moving average of $2.83. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.83. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of -6.42, a PEG ratio of 0.33 and a beta of 0.93. B2Gold has a fifty-two week low of $2.20 and a fifty-two week high of $3.51.

B2Gold Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, March 7th were given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.60%. The ex-dividend date was Friday, March 7th. B2Gold’s dividend payout ratio is currently -16.67%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. HighTower Advisors LLC boosted its stake in shares of B2Gold by 45.4% in the 4th quarter. HighTower Advisors LLC now owns 16,933 shares of the company’s stock valued at $41,000 after buying an additional 5,288 shares during the period. Cadence Wealth Management LLC grew its holdings in B2Gold by 3.5% during the 4th quarter. Cadence Wealth Management LLC now owns 237,696 shares of the company’s stock worth $580,000 after acquiring an additional 7,990 shares in the last quarter. Signaturefd LLC increased its position in shares of B2Gold by 176.1% in the 4th quarter. Signaturefd LLC now owns 12,935 shares of the company’s stock valued at $32,000 after purchasing an additional 8,250 shares during the last quarter. Cantor Fitzgerald L. P. acquired a new stake in shares of B2Gold in the 4th quarter valued at $25,000. Finally, FIL Ltd lifted its position in shares of B2Gold by 37.5% during the 4th quarter. FIL Ltd now owns 38,047 shares of the company’s stock worth $93,000 after purchasing an additional 10,373 shares during the last quarter. 61.40% of the stock is currently owned by hedge funds and other institutional investors.

B2Gold Company Profile

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.