Eldorado Gold FY2026 EPS Estimate Decreased by Scotiabank

Key Points

• Scotiabank cut its FY2026 EPS estimate for Eldorado Gold to $4.03 (from $5.30) but maintained a Strong‑Buy rating; the MarketBeat consensus EPS is $2.15.
• Analyst coverage is mixed—one Strong Buy, three Buy and four Hold—giving a consensus rating of Moderate Buy with an average target price of C$63.50.
• The stock opened at C$43.45, is trading down ~0.8%, has a market cap of C$11.44 billion, a P/E of 17.59, and a 1‑year range of C$23.99–C$69.46.

Eldorado Gold Co. (TSE:ELD - Free Report) NYSE: EGO - Equities researchers at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for shares of Eldorado Gold in a research note issued to investors on Thursday, April 23rd. Scotiabank analyst T. Jakusconek now anticipates that the company will earn $4.03 per share for the year, down from their prior forecast of $5.30. Scotiabank currently has a "Strong-Buy" rating on the stock. The consensus estimate for Eldorado Gold's current full-year earnings is $2.15 per share.

Several other research firms have also issued reports on ELD. Bank of America boosted their target price on Eldorado Gold from C$46.25 to C$52.00 in a research report on Thursday, February 26th. Canadian Imperial Bank of Commerce lowered shares of Eldorado Gold from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 20th. Stifel Nicolaus boosted their price objective on shares of Eldorado Gold from C$48.00 to C$65.00 in a report on Tuesday, February 10th. ATB Cormark Capital Markets lowered their target price on shares of Eldorado Gold from C$100.00 to C$89.00 and set an "outperform" rating for the company in a research note on Tuesday, February 3rd. Finally, BMO Capital Markets set a C$82.00 target price on shares of Eldorado Gold and gave the stock an "outperform" rating in a report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Eldorado Gold has a consensus rating of "Moderate Buy" and an average target price of C$63.50.

Eldorado Gold Trading Down 0.8%

TSE:ELD opened at C$43.45 on Tuesday. The company has a current ratio of 1.83, a quick ratio of 2.28 and a debt-to-equity ratio of 30.34. Eldorado Gold has a 1-year low of C$23.99 and a 1-year high of C$69.46. The firm has a market capitalization of C$11.44 billion, a price-to-earnings ratio of 17.59, a PEG ratio of 56.20 and a beta of 1.67. The business's 50-day moving average price is C$51.60 and its two-hundred day moving average price is C$49.01.

Eldorado Gold (TSE:ELD - Get Free Report) NYSE: EGO last posted its quarterly earnings results on Thursday, February 19th. The company reported C$0.86 earnings per share (EPS) for the quarter. The business had revenue of C$767.52 million for the quarter. Eldorado Gold had a return on equity of 12.40% and a net margin of 28.00%.

Insiders Place Their Bets

In related news, insider Christine Tamiko Ohta sold 5,492 shares of the firm's stock in a transaction on Monday, March 16th. The shares were sold at an average price of C$51.22, for a total value of C$281,300.24. Following the completion of the transaction, the insider owned 8,427 shares of the company's stock, valued at approximately C$431,630.94. This trade represents a 39.46% decrease in their ownership of the stock. Also, insider Christian Milau purchased 3,500 shares of the stock in a transaction on Tuesday, February 24th. The stock was acquired at an average price of C$58.59 per share, for a total transaction of C$205,065.00. Following the completion of the purchase, the insider directly owned 14,994 shares in the company, valued at approximately C$878,498.46. The trade was a 30.45% increase in their position. Insiders own 0.58% of the company's stock.

Eldorado Gold Company Profile

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.