Cormark Issues Negative Forecast for B2Gold Earnings

Key Points

• Cormark analysts have reduced B2Gold's Q3 2025 earnings estimate from $0.16 to $0.12 per share, while the full-year consensus remains at $0.40 per share.
• The company's latest earnings report showed a net margin of -33.12%, with a positive return on equity of 5.65%, indicating various financial struggles despite a 40.5% increase in year-over-year revenue.
• B2Gold has recently declared a quarterly dividend of $0.02 per share, translating to an annual yield of 1.8%, effective for shareholders recorded as of September 10th.

B2Gold Corp. (NYSE:BTG - Free Report) - Stock analysts at Cormark reduced their Q3 2025 EPS estimates for B2Gold in a research note issued on Tuesday, September 16th. Cormark analyst R. Gray now forecasts that the company will earn $0.12 per share for the quarter, down from their prior forecast of $0.16. The consensus estimate for B2Gold's current full-year earnings is $0.40 per share. Cormark also issued estimates for B2Gold's FY2025 earnings at $0.54 EPS.

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

Other equities analysts have also issued reports about the stock. National Bankshares reiterated an "outperform" rating on shares of B2Gold in a research note on Wednesday, July 16th. Raymond James Financial raised B2Gold to a "moderate buy" rating and set a $4.50 price target for the company in a report on Monday, June 30th. Zacks Research downgraded B2Gold from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 13th. Finally, CIBC reissued a "neutral" rating and issued a $4.00 target price (up previously from $3.60) on shares of B2Gold in a report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, B2Gold presently has a consensus rating of "Hold" and a consensus target price of $4.50.

B2Gold Stock Up 3.9%

Shares of BTG stock traded up $0.17 during trading hours on Thursday, reaching $4.49. 102,257,440 shares of the stock were exchanged, compared to its average volume of 42,174,805. The firm has a market capitalization of $5.94 billion, a P/E ratio of -9.35, a P/E/G ratio of 0.33 and a beta of 0.42. B2Gold has a 12-month low of $2.20 and a 12-month high of $4.60. 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 business's fifty day moving average is $3.86 and its two-hundred day moving average is $3.46.

Hedge Funds Weigh In On B2Gold

Hedge funds and other institutional investors have recently modified their holdings of the stock. Steward Partners Investment Advisory LLC boosted its position in B2Gold by 875.0% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 9,750 shares of the company's stock worth $35,000 after acquiring an additional 8,750 shares during the period. Independent Wealth Network Inc. acquired a new stake in shares of B2Gold during the 1st quarter worth approximately $28,000. International Assets Investment Management LLC acquired a new position in B2Gold during the second quarter worth $36,000. Sagard Holdings Management Inc. acquired a new position in B2Gold in the second quarter worth $39,000. Finally, Kercheville Advisors LLC bought a new stake in shares of B2Gold during the first quarter worth $31,000. Institutional investors and hedge funds own 61.40% of the company's stock.

B2Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 23rd. Investors of record on Wednesday, September 10th will be paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Wednesday, September 10th. B2Gold's dividend payout ratio is presently -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.