Eldorado Gold FY2026 EPS Lifted by National Bank Financial

Eldorado Gold Co. (NYSE:EGO - Free Report) TSE: ELD - Stock analysts at National Bank Financial raised their FY2026 earnings per share estimates for Eldorado Gold in a report released on Tuesday, April 22nd. National Bank Financial analyst D. Demarco now forecasts that the basic materials company will post earnings per share of $2.72 for the year, up from their previous forecast of $2.36. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Eldorado Gold's current full-year earnings is $1.50 per share.

EGO has been the subject of several other reports. Royal Bank of Canada increased their target price on Eldorado Gold from $20.00 to $21.00 and gave the company an "outperform" rating in a research report on Friday, April 4th. Scotiabank increased their target price on Eldorado Gold from $16.50 to $19.00 and gave the company a "sector perform" rating in a research report on Monday, April 14th. StockNews.com upgraded Eldorado Gold from a "hold" rating to a "buy" rating in a research report on Thursday, April 10th. Finally, National Bankshares reiterated an "outperform" rating on shares of Eldorado Gold in a research report on Wednesday, April 23rd. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $20.38.

Eldorado Gold Price Performance

NYSE:EGO traded down $0.02 during trading hours on Friday, hitting $18.67. The company's stock had a trading volume of 773,098 shares, compared to its average volume of 1,570,907. The stock has a fifty day simple moving average of $16.53 and a 200-day simple moving average of $16.07. The company has a market capitalization of $3.84 billion, a P/E ratio of 13.34 and a beta of 0.81. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.37 and a quick ratio of 2.54. Eldorado Gold has a twelve month low of $13.29 and a twelve month high of $20.65.

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD last released its quarterly earnings data on Thursday, February 20th. The basic materials company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.13. The business had revenue of $435.70 million for the quarter, compared to analyst estimates of $440.43 million. Eldorado Gold had a return on equity of 8.74% and a net margin of 21.86%.

Institutional Trading of Eldorado Gold

Institutional investors and hedge funds have recently made changes to their positions in the company. Jennison Associates LLC increased its holdings in Eldorado Gold by 17.5% during the fourth quarter. Jennison Associates LLC now owns 7,090,185 shares of the basic materials company's stock worth $105,431,000 after buying an additional 1,058,137 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Eldorado Gold by 130.7% during the third quarter. JPMorgan Chase & Co. now owns 150,107 shares of the basic materials company's stock worth $2,607,000 after buying an additional 85,053 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in Eldorado Gold during the fourth quarter worth about $55,000. Barclays PLC increased its holdings in Eldorado Gold by 18.6% during the third quarter. Barclays PLC now owns 176,381 shares of the basic materials company's stock worth $3,064,000 after buying an additional 27,667 shares during the last quarter. Finally, Swiss National Bank increased its holdings in Eldorado Gold by 0.6% during the fourth quarter. Swiss National Bank now owns 403,620 shares of the basic materials company's stock worth $6,000,000 after buying an additional 2,500 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company's stock.

Eldorado Gold Company Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.