National Bank Financial Lifts Earnings Estimates for B2Gold

B2Gold Corp. (NYSE:BTG) – National Bank Financial boosted their FY2025 EPS estimates for shares of B2Gold in a research report issued on Tuesday, September 23rd. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings per share of $0.76 for the year, up from their previous estimate of $0.74. 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 $1.05 EPS.

B2Gold (NYSE:BTG) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.01). B2Gold had a positive return on equity of 5.65% and a negative net margin of 33.12%.The company’s revenue for the quarter was up 40.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 earnings per share.

BTG has been the subject of several other research reports. National Bankshares reissued an “outperform” rating on shares of B2Gold in a report on Wednesday, July 16th. CIBC reaffirmed a “neutral” rating and issued a $4.00 target price (up previously from $3.60) on shares of B2Gold in a research report on Tuesday, July 15th. Zacks Research cut shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Finally, Raymond James Financial upgraded shares of B2Gold to a “moderate buy” rating and set a $4.50 price target on the stock in a research note on Monday, June 30th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $4.50.

B2Gold Stock Up 1.4%

Shares of B2Gold stock opened at $4.92 on Friday. The firm’s 50 day moving average price is $4.00 and its 200-day moving average price is $3.53. The company has a market cap of $6.51 billion, a P/E ratio of -10.25, a PEG ratio of 0.33 and a beta of 0.42. The company has a quick ratio of 1.08, a current ratio of 1.83 and a debt-to-equity ratio of 0.07. B2Gold has a 52-week low of $2.20 and a 52-week high of $4.99.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of BTG. Sumitomo Mitsui Trust Group Inc. purchased a new position in B2Gold in the first quarter valued at approximately $278,000. Tidal Investments LLC acquired a new stake in shares of B2Gold during the fourth quarter worth approximately $183,000. Cambridge Investment Research Advisors Inc. grew its position in shares of B2Gold by 58.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 188,530 shares of the company’s stock worth $536,000 after buying an additional 69,177 shares in the last quarter. Amundi lifted its stake in B2Gold by 33.3% during the first quarter. Amundi now owns 10,849,897 shares of the company’s stock worth $31,682,000 after purchasing an additional 2,710,857 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in B2Gold during the first quarter worth $2,342,000. 61.40% of the stock is currently owned by hedge funds and other institutional investors.

B2Gold Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Wednesday, September 10th were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Wednesday, September 10th. B2Gold’s dividend payout ratio is -22.86%.

About B2Gold

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.