FY2025 EPS Forecast for Coeur Mining Increased by Analyst

Key Points

• National Bank Financial has increased its FY2025 earnings per share forecast for Coeur Mining from $0.91 to $0.99, maintaining a "Strong-Buy" rating for the stock.
• Coeur Mining's share price currently sits at $17.46, with a twelve-month low of $4.58 and a high of $18.53, indicating significant volatility.
• Insider trading reports show key executives have sold a total of 516,619 shares valued at approximately $6.63 million over the last three months.

Coeur Mining, Inc. (NYSE:CDE - Free Report) - Research analysts at National Bank Financial boosted their FY2025 earnings per share estimates for Coeur Mining in a report issued on Tuesday, September 23rd. National Bank Financial analyst A. Terentiew now anticipates that the basic materials company will post earnings per share of $0.99 for the year, up from their prior estimate of $0.91. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Coeur Mining's current full-year earnings is $0.58 per share.

CDE has been the topic of a number of other reports. National Bankshares set a $12.00 price objective on Coeur Mining in a report on Friday, June 13th. Zacks Research upgraded Coeur Mining to a "hold" rating in a research note on Tuesday, August 12th. BMO Capital Markets raised their price objective on Coeur Mining from $11.00 to $12.00 and gave the stock an "outperform" rating in a research note on Thursday, August 7th. Finally, Roth Capital reaffirmed a "buy" rating and set a $13.00 price objective on shares of Coeur Mining in a research report on Thursday, August 7th. Three analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $9.79.

Coeur Mining Stock Down 3.2%

Coeur Mining stock opened at $17.46 on Thursday. Coeur Mining has a twelve month low of $4.58 and a twelve month high of $18.53. The stock has a market cap of $11.22 billion, a P/E ratio of 47.19 and a beta of 1.19. The company's 50-day moving average price is $12.44 and its two-hundred day moving average price is $9.06. The company has a quick ratio of 0.60, a current ratio of 1.61 and a debt-to-equity ratio of 0.12.

Coeur Mining (NYSE:CDE - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The basic materials company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.02. The business had revenue of $480.65 million during the quarter, compared to the consensus estimate of $438.40 million. Coeur Mining had a return on equity of 14.38% and a net margin of 13.06%.The company's quarterly revenue was up 116.5% on a year-over-year basis. During the same quarter last year, the firm posted ($0.01) EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its position in shares of Coeur Mining by 74.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,368 shares of the basic materials company's stock worth $30,000 after purchasing an additional 1,435 shares in the last quarter. MAI Capital Management acquired a new stake in Coeur Mining in the first quarter valued at approximately $25,000. Luminist Capital LLC bought a new position in shares of Coeur Mining in the 2nd quarter worth $40,000. Summer Road LLC bought a new stake in Coeur Mining during the 1st quarter valued at $28,000. Finally, City State Bank grew its holdings in shares of Coeur Mining by 56.9% during the first quarter. City State Bank now owns 6,274 shares of the basic materials company's stock valued at $37,000 after buying an additional 2,274 shares during the last quarter. 63.01% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Coeur Mining news, Director Pierre Beaudoin sold 48,362 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of $11.57, for a total transaction of $559,548.34. Following the completion of the sale, the director owned 140,000 shares of the company's stock, valued at approximately $1,619,800. This represents a 25.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Aoife Mcgrath sold 8,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $11.69, for a total transaction of $93,520.00. Following the transaction, the senior vice president owned 203,318 shares of the company's stock, valued at approximately $2,376,787.42. The trade was a 3.79% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 516,619 shares of company stock valued at $6,626,362 over the last three months. Insiders own 1.50% of the company's stock.

About Coeur Mining

Coeur Mining, Inc explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc in May 2013.

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