FY2026 EPS Estimates for Alamos Gold Reduced by Scotiabank

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Analysts at Scotiabank lowered their FY2026 EPS estimates for Alamos Gold in a note issued to investors on Thursday, February 26th. Scotiabank analyst O. Habib now anticipates that the basic materials company will earn $2.64 per share for the year, down from their prior estimate of $2.71. Scotiabank currently has a “Sector Outperform” rating and a $60.00 price target on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $1.29 per share.

Alamos Gold (NYSE:AGI) (TSE:AGI) last released its quarterly earnings results on Wednesday, February 18th. The basic materials company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.49 by $0.05. Alamos Gold had a net margin of 48.97% and a return on equity of 14.83%. The firm had revenue of $575.30 million for the quarter, compared to analyst estimates of $596.18 million. During the same quarter in the previous year, the company earned $0.25 EPS. The business’s revenue for the quarter was up 53.1% compared to the same quarter last year.

A number of other research firms have also recently weighed in on AGI. Weiss Ratings reiterated a “buy (a)” rating on shares of Alamos Gold in a report on Monday, December 29th. Zacks Research lowered shares of Alamos Gold from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 3rd. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Alamos Gold in a research report on Wednesday, February 4th. TD Securities reissued a “buy” rating on shares of Alamos Gold in a research note on Monday, November 3rd. Finally, Wall Street Zen lowered shares of Alamos Gold from a “strong-buy” rating to a “buy” rating in a report on Sunday. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Alamos Gold has a consensus rating of “Buy” and a consensus price target of $45.50.

Alamos Gold Price Performance

AGI stock opened at $54.27 on Monday. Alamos Gold has a 52-week low of $22.03 and a 52-week high of $54.37. The company has a quick ratio of 1.60, a current ratio of 2.00 and a debt-to-equity ratio of 0.05. The stock has a market cap of $22.79 billion, a price-to-earnings ratio of 25.84, a price-to-earnings-growth ratio of 0.74 and a beta of 0.54. The business has a fifty day moving average of $42.45 and a two-hundred day moving average of $36.37.

Alamos Gold Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, March 12th. This is an increase from Alamos Gold’s previous quarterly dividend of $0.03. Alamos Gold’s payout ratio is currently 4.76%.

Hedge Funds Weigh In On Alamos Gold

Several institutional investors have recently modified their holdings of AGI. Groupama Asset Managment raised its stake in shares of Alamos Gold by 43.4% in the fourth quarter. Groupama Asset Managment now owns 454,387 shares of the basic materials company’s stock valued at $17,530,000 after acquiring an additional 137,517 shares in the last quarter. Virtu Financial LLC acquired a new position in Alamos Gold during the 4th quarter worth $370,000. Alpine Woods Capital Investors LLC increased its holdings in Alamos Gold by 285.2% during the 4th quarter. Alpine Woods Capital Investors LLC now owns 26,965 shares of the basic materials company’s stock worth $1,040,000 after purchasing an additional 19,965 shares during the period. Vident Advisory LLC raised its position in Alamos Gold by 255.3% in the 4th quarter. Vident Advisory LLC now owns 62,619 shares of the basic materials company’s stock valued at $2,416,000 after purchasing an additional 44,996 shares in the last quarter. Finally, Coastal Bridge Advisors LLC boosted its stake in shares of Alamos Gold by 1.8% in the 4th quarter. Coastal Bridge Advisors LLC now owns 16,907 shares of the basic materials company’s stock valued at $654,000 after buying an additional 300 shares during the period. Institutional investors and hedge funds own 64.33% of the company’s stock.

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.