Coeur Mining Stock Earnings Estimates Lowered by Scotiabank

Key Points

• Scotiabank lowered Coeur Mining’s FY2026 EPS estimate to $0.88 from $1.06, while maintaining an “Outperform” rating and a $26.50 price target. The firm forecasts FY2027 EPS of $1.40.
• Coeur Mining shares opened at $13.89, down 8.2%, near their 12-month low of $13.55. The company’s latest quarterly results missed expectations, reporting $0.12 EPS versus the $0.26 consensus and revenue of $1.09 billion versus $1.24 billion expected.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and a $25.50 price target. Institutional investors own 63.01% of the stock, while insiders have sold 51,000 shares worth approximately $1.06 million over the past 90 days.

Coeur Mining, Inc. (NYSE:CDE - Free Report) - Equities researchers at Scotiabank decreased their FY2026 earnings per share estimates for shares of Coeur Mining in a research note issued to investors on Thursday, October 22nd. Scotiabank analyst E. Winmill now forecasts that the basic materials company will post earnings per share of $0.88 for the year, down from their prior estimate of $1.06. Scotiabank currently has an "Outperform" rating and a $26.50 price objective on the stock. The consensus estimate for Coeur Mining's current full-year earnings is $0.88 per share. Scotiabank also issued estimates for Coeur Mining's FY2027 earnings at $1.40 EPS.

Other research analysts have also issued reports about the company. Weiss Ratings raised Coeur Mining from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Thursday, October 8th. Zacks Research raised Coeur Mining from a "strong sell" rating to a "hold" rating in a report on Monday, August 17th. Finally, Roth Capital set a $19.00 target price on shares of Coeur Mining in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $25.50.

Coeur Mining Stock Down 8.2%

Shares of NYSE:CDE opened at $13.89 on Friday. The firm has a market cap of $14.28 billion, a P/E ratio of 11.87 and a beta of 1.37. The business has a fifty day simple moving average of $18.89 and a 200 day simple moving average of $17.97. The company has a quick ratio of 2.44, a current ratio of 3.65 and a debt-to-equity ratio of 0.07. Coeur Mining has a 12-month low of $13.55 and a 12-month high of $27.77.

Coeur Mining (NYSE:CDE - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.14). The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.24 billion. Coeur Mining had a return on equity of 11.03% and a net margin of 26.82%. Coeur Mining's quarterly revenue was up 125.8% on a year-over-year basis. During the same period last year, the firm posted $0.20 EPS.

Institutional Investors Weigh In On Coeur Mining

Institutional investors have recently made changes to their positions in the business. Inspire Investing LLC grew its holdings in shares of Coeur Mining by 138.1% in the third quarter. Inspire Investing LLC now owns 60,957 shares of the basic materials company's stock worth $1,073,000 after purchasing an additional 35,352 shares during the last quarter. MBL Wealth LLC purchased a new position in shares of Coeur Mining during the third quarter valued at about $302,000. U S Global Investors Inc. grew its holdings in shares of Coeur Mining by 70.2% during the 3rd quarter. U S Global Investors Inc. now owns 747,595 shares of the basic materials company's stock worth $13,158,000 after acquiring an additional 308,292 shares during the period. Root Financial Partners LLC purchased a new stake in Coeur Mining in the third quarter worth $45,000. Finally, Vest Financial LLC purchased a new stake in shares of Coeur Mining in the 3rd quarter worth about $1,674,000. Hedge funds and other institutional investors own 63.01% of the company's stock.

Insider Activity

In other news, CFO Thomas Whelan sold 6,000 shares of the business's stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $20.87, for a total transaction of $125,220.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director J. Kenneth Thompson sold 25,000 shares of the business's stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $20.77, for a total transaction of $519,250.00. Following the completion of the transaction, the director directly owned 257,333 shares of the company's stock, valued at approximately $5,344,806.41. This represents a 8.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 51,000 shares of company stock worth $1,055,070. 0.90% of the stock is currently owned by insiders.

Coeur Mining Company Profile

Coeur Mining, Inc is a precious metals mining company headquartered in Chicago, Illinois. The company explores for, develops, and operates mines that produce gold and silver, with its activities focused primarily in North America.

Coeur's operating portfolio includes the Rochester gold and silver mine in Nevada, the Wharf gold mine in South Dakota, the Kensington gold mine in Alaska, and the Las Chispas silver and gold operation in Sonora, Mexico. The company also maintains exploration and development interests in additional mineral properties.

Founded in 1928, Coeur Mining has grown through the development and acquisition of precious metals assets.

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