FY2025 EPS Estimates for Alamos Gold Lifted by Analyst

Key Points

• National Bank Financial has increased its FY2025 earnings per share (EPS) estimate for Alamos Gold to $1.56, up from the previous $1.52, with a consensus estimate for FY2026 at $2.50 EPS.
• Alamos Gold's recent dividend declaration is $0.025 per share, resulting in an annualized dividend yield of 0.3% and a payout ratio of 12.05%.
• The stock currently holds a consensus rating of "Buy" with a target price of $30.38, reflecting strong institutional interest in the company.

Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI - Analysts at National Bank Financial boosted their FY2025 EPS estimates for shares of Alamos Gold in a research report issued on Tuesday, September 23rd. National Bank Financial analyst D. Demarco now expects that the basic materials company will post earnings of $1.56 per share for the year, up from their prior forecast of $1.52. The consensus estimate for Alamos Gold's current full-year earnings is $1.29 per share. National Bank Financial also issued estimates for Alamos Gold's FY2026 earnings at $2.50 EPS.

Several other analysts have also recently commented on AGI. Stifel Canada upgraded shares of Alamos Gold to a "strong-buy" rating in a research note on Tuesday, July 8th. Stifel Nicolaus assumed coverage on shares of Alamos Gold in a report on Wednesday, July 9th. They set a "buy" rating on the stock. BMO Capital Markets restated an "outperform" rating on shares of Alamos Gold in a report on Tuesday, September 16th. Wall Street Zen raised Alamos Gold from a "hold" rating to a "buy" rating in a report on Saturday, September 20th. Finally, National Bankshares reissued an "outperform" rating on shares of Alamos Gold in a report on Tuesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Alamos Gold presently has a consensus rating of "Buy" and a consensus target price of $30.38.

Alamos Gold Trading Down 1.3%

NYSE:AGI opened at $33.36 on Thursday. Alamos Gold has a 12-month low of $17.42 and a 12-month high of $34.40. The company has a current ratio of 1.49, a quick ratio of 1.00 and a debt-to-equity ratio of 0.07. The stock's 50 day simple moving average is $28.62 and its 200-day simple moving average is $27.25. The firm has a market cap of $14.03 billion, a P/E ratio of 40.19, a PEG ratio of 0.69 and a beta of 0.55.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last announced its earnings results on Wednesday, July 30th. The basic materials company reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.01. The business had revenue of $438.20 million during the quarter, compared to analysts' expectations of $400.61 million. Alamos Gold had a net margin of 22.99% and a return on equity of 10.67%. The business's revenue was up 31.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.24 earnings per share.

Alamos Gold Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 11th will be issued a dividend of $0.025 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. Alamos Gold's payout ratio is 12.05%.

Institutional Trading of Alamos Gold

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Alamos Gold by 1.3% during the 1st quarter. Vanguard Group Inc. now owns 16,210,671 shares of the basic materials company's stock worth $433,133,000 after purchasing an additional 214,933 shares during the period. CIBC Asset Management Inc increased its stake in shares of Alamos Gold by 29.3% during the 2nd quarter. CIBC Asset Management Inc now owns 11,132,337 shares of the basic materials company's stock valued at $296,623,000 after acquiring an additional 2,521,347 shares during the last quarter. Mackenzie Financial Corp boosted its position in shares of Alamos Gold by 32.3% in the second quarter. Mackenzie Financial Corp now owns 8,979,615 shares of the basic materials company's stock worth $238,990,000 after acquiring an additional 2,192,593 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its position in Alamos Gold by 19.5% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,866,755 shares of the basic materials company's stock worth $156,780,000 after purchasing an additional 957,359 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Alamos Gold in the 2nd quarter valued at $144,808,000. 64.33% of the stock is owned by hedge funds and other institutional investors.

About Alamos Gold

Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.

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