National Bank Financial Forecasts B2Gold FY2025 Earnings

B2Gold Corp. (NYSE:BTG - Free Report) - Research analysts at National Bank Financial lifted their FY2025 earnings estimates for shares of B2Gold in a research report issued to clients and investors on Tuesday, July 15th. National Bank Financial analyst D. Demarco now expects that the company will earn $0.78 per share for the year, up from their previous forecast of $0.56. 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 $0.83 EPS.

B2Gold (NYSE:BTG - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.01. B2Gold had a negative net margin of 33.12% and a positive return on equity of 5.65%. During the same period last year, the firm posted $0.06 EPS. The firm's revenue for the quarter was up 15.3% on a year-over-year basis.

A number of other research analysts have also issued reports on the stock. Raymond James Financial upgraded shares of B2Gold to a "moderate buy" rating and set a $4.50 target price on the stock in a research note on Monday, June 30th. Scotiabank upgraded shares of B2Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. Cormark upgraded shares of B2Gold from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, April 22nd. National Bankshares reiterated an "outperform" rating on shares of B2Gold in a research note on Wednesday. Finally, Wall Street Zen upgraded shares of B2Gold from a "hold" rating to a "buy" rating in a research note on Thursday, May 8th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $4.31.

B2Gold Stock Performance

NYSE:BTG traded down $0.08 during midday trading on Friday, reaching $3.33. The stock had a trading volume of 24,794,936 shares, compared to its average volume of 30,219,887. B2Gold has a 1-year low of $2.20 and a 1-year high of $3.83. The firm's fifty day simple moving average is $3.47 and its 200-day simple moving average is $3.03. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.08. The stock has a market capitalization of $4.41 billion, a P/E ratio of -6.94, a PEG ratio of 0.33 and a beta of 0.45.

B2Gold Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Wednesday, June 11th were given a $0.02 dividend. The ex-dividend date of this dividend was Wednesday, June 11th. This represents a $0.08 annualized dividend and a yield of 2.40%. B2Gold's dividend payout ratio is -17.02%.

Institutional Trading of B2Gold

Several hedge funds and other institutional investors have recently bought and sold shares of BTG. ORG Partners LLC lifted its holdings in shares of B2Gold by 689.0% during the 2nd quarter. ORG Partners LLC now owns 14,297 shares of the company's stock worth $50,000 after acquiring an additional 12,485 shares during the period. Brave Asset Management Inc. bought a new position in shares of B2Gold during the 2nd quarter worth about $108,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of B2Gold by 89.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,707,775 shares of the company's stock worth $7,717,000 after acquiring an additional 1,277,357 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of B2Gold by 181.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,158,787 shares of the company's stock worth $23,253,000 after acquiring an additional 5,262,266 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of B2Gold during the 1st quarter worth about $238,000. 61.40% of the stock is currently owned by institutional investors and hedge funds.

B2Gold Company Profile

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.