FY2026 EPS Estimates for Alamos Gold Decreased by Scotiabank

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Research analysts at Scotiabank decreased their FY2026 earnings estimates for Alamos Gold in a note issued to investors on Wednesday, April 1st. Scotiabank analyst O. Habib now forecasts that the basic materials company will post earnings of $2.58 per share for the year, down from their prior estimate of $2.64. Scotiabank 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.

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

Several other equities analysts have also issued reports on AGI. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Alamos Gold in a report on Wednesday, February 4th. Jefferies Financial Group reiterated a “buy” rating and set a $49.00 price objective on shares of Alamos Gold in a report on Sunday, December 7th. Weiss Ratings reissued a “buy (a)” rating on shares of Alamos Gold in a research report on Monday, December 29th. Finally, Wall Street Zen downgraded Alamos Gold from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 1st. Two research 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 stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $45.50.

Alamos Gold Trading Up 0.7%

NYSE AGI opened at $45.94 on Thursday. Alamos Gold has a 52 week low of $23.49 and a 52 week high of $55.41. The company has a 50 day moving average price of $45.04 and a 200 day moving average price of $38.94. 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 firm has a market cap of $19.29 billion, a PE ratio of 21.87, a price-to-earnings-growth ratio of 0.62 and a beta of 0.63.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. McAlvany Wealth Management LLC purchased a new stake in shares of Alamos Gold during the fourth quarter valued at $3,471,000. Rockefeller Capital Management L.P. raised its stake in Alamos Gold by 4,647.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 58,921 shares of the basic materials company’s stock worth $2,273,000 after acquiring an additional 57,680 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in Alamos Gold in the 4th quarter worth $512,000. Groupama Asset Managment lifted its position in Alamos Gold by 43.4% during the 4th quarter. Groupama Asset Managment now owns 454,387 shares of the basic materials company’s stock worth $17,530,000 after acquiring an additional 137,517 shares during the period. Finally, Virtu Financial LLC acquired a new stake in Alamos Gold during the 4th quarter worth about $370,000. Hedge funds and other institutional investors own 64.33% of the company’s stock.

Alamos Gold Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Thursday, March 12th. This is a positive change from Alamos Gold’s previous quarterly dividend of $0.03. Alamos Gold’s dividend payout ratio (DPR) is currently 7.62%.

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.