FY2026 EPS Estimates for Alamos Gold Decreased by Scotiabank

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Equities researchers at Scotiabank cut their FY2026 earnings per share (EPS) estimates for shares of Alamos Gold in a report issued on Wednesday, February 11th. Scotiabank analyst O. Habib now expects that the basic materials company will earn $2.71 per share for the year, down from their prior forecast of $2.79. Scotiabank currently has a “Sector Outperform” rating and a $60.00 price objective on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $1.29 per share.

AGI has been the subject of a number of other research reports. Desjardins started coverage on shares of Alamos Gold in a research report on Friday, November 28th. They issued a “buy” rating for the company. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Alamos Gold in a research note on Wednesday, February 4th. TD Securities reiterated a “buy” rating on shares of Alamos Gold in a report on Monday, November 3rd. Wall Street Zen cut Alamos Gold from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $49.00 target price on shares of Alamos Gold in a research report on Sunday, December 7th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $45.50.

Alamos Gold Trading Up 7.5%

NYSE:AGI opened at $45.36 on Monday. Alamos Gold has a 12-month low of $22.03 and a 12-month high of $46.66. The firm has a market capitalization of $19.05 billion, a P/E ratio of 35.44, a P/E/G ratio of 0.43 and a beta of 0.61. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.72 and a quick ratio of 1.33. The business has a 50 day simple moving average of $40.29 and a 200 day simple moving average of $34.78.

Alamos Gold Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were paid a $0.025 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $0.10 dividend on an annualized basis and a yield of 0.2%. Alamos Gold’s dividend payout ratio (DPR) is currently 7.81%.

Institutional Investors Weigh In On Alamos Gold

A number of institutional investors have recently bought and sold shares of the business. Atlantic Union Bankshares Corp acquired a new position in Alamos Gold during the fourth quarter valued at approximately $25,000. Clearstead Advisors LLC boosted its holdings in shares of Alamos Gold by 62.8% during the 4th quarter. Clearstead Advisors LLC now owns 651 shares of the basic materials company’s stock worth $25,000 after buying an additional 251 shares during the period. Smartleaf Asset Management LLC boosted its holdings in shares of Alamos Gold by 44.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 722 shares of the basic materials company’s stock worth $28,000 after buying an additional 222 shares during the period. 1620 Investment Advisors Inc. acquired a new position in Alamos Gold in the 3rd quarter valued at $35,000. Finally, Bayforest Capital Ltd bought a new position in Alamos Gold in the 4th quarter worth $44,000. 64.33% of the stock is currently owned by institutional investors and hedge funds.

Alamos Gold Company Profile

Alamos Gold Inc is a Canadian-based intermediate gold producer engaged in the exploration, development and operation of mining projects in North America. Its principal activities include the acquisition, exploration and development of gold-bearing properties, and the management of operating mines. The company focuses on sustainable production practices and maintains a portfolio that spans both producing assets and advanced-stage development projects.

Alamos Gold operates multiple open pit and underground mines, including the Young-Davidson and Island Gold mines in Ontario, Canada, and the Mulatos mine in Sonora, Mexico.