FY2025 EPS Estimates for Alamos Gold Decreased by Analyst

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for shares of Alamos Gold in a note issued to investors on Tuesday, July 15th. National Bank Financial analyst D. Demarco now expects that the basic materials company will post earnings per share of $1.52 for the year, down from their prior forecast of $1.98. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $1.29 per share. National Bank Financial also issued estimates for Alamos Gold’s FY2026 earnings at $2.19 EPS.

AGI has been the topic of a number of other research reports. Bank of America decreased their target price on Alamos Gold from $31.00 to $30.50 and set a “neutral” rating on the stock in a research report on Tuesday, April 8th. Scotiabank reiterated an “outperform” rating on shares of Alamos Gold in a research report on Monday, April 14th. Stifel Nicolaus initiated coverage on Alamos Gold in a research note on Wednesday, July 9th. They issued a “buy” rating for the company. Royal Bank Of Canada increased their price objective on Alamos Gold from $27.00 to $30.00 and gave the company an “outperform” rating in a research note on Friday, April 4th. Finally, Stifel Canada raised Alamos Gold to a “strong-buy” rating in a research note on Tuesday, July 8th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $30.38.

Alamos Gold Trading Down 2.0%

Shares of NYSE:AGI opened at $24.86 on Friday. Alamos Gold has a 1 year low of $15.74 and a 1 year high of $31.00. The firm has a market capitalization of $10.45 billion, a price-to-earnings ratio of 40.10, a price-to-earnings-growth ratio of 0.56 and a beta of 0.54. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.49 and a quick ratio of 0.94. The business’s 50 day moving average price is $26.24 and its 200-day moving average price is $24.79.

Alamos Gold (NYSE:AGI) (TSE:AGI) last announced its earnings results on Wednesday, April 30th. The basic materials company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.05). Alamos Gold had a net margin of 18.36% and a return on equity of 9.83%. The business had revenue of $333.00 million for the quarter, compared to analysts’ expectations of $324.98 million. During the same quarter last year, the business earned $0.13 EPS. The company’s quarterly revenue was up 20.0% on a year-over-year basis.

Institutional Trading of Alamos Gold

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Alamos Gold by 1.3% in the 1st quarter. Vanguard Group Inc. now owns 16,210,671 shares of the basic materials company’s stock worth $433,133,000 after acquiring an additional 214,933 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Alamos Gold by 17.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 9,440,153 shares of the basic materials company’s stock worth $173,991,000 after acquiring an additional 1,424,550 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of Alamos Gold by 4.4% in the 4th quarter. Renaissance Technologies LLC now owns 7,534,253 shares of the basic materials company’s stock worth $138,932,000 after acquiring an additional 318,360 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Alamos Gold by 296.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,375,892 shares of the basic materials company’s stock worth $136,011,000 after acquiring an additional 5,516,186 shares during the last quarter. Finally, Mackenzie Financial Corp increased its stake in shares of Alamos Gold by 2.0% in the 4th quarter. Mackenzie Financial Corp now owns 7,371,629 shares of the basic materials company’s stock worth $135,855,000 after acquiring an additional 145,726 shares during the last quarter. 64.33% of the stock is owned by institutional investors and hedge funds.

Alamos Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Investors of record on Thursday, June 12th were paid a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.40%. The ex-dividend date was Thursday, June 12th. Alamos Gold’s dividend payout ratio is currently 16.13%.

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.