FY2026 EPS Estimates for Alamos Gold Cut by Scotiabank

Key Points

• Scotiabank cut its FY2026 EPS estimate for Alamos Gold to $2.43 from $2.58 while maintaining a Sector Outperform rating and a $60 price target, and projects FY2027 EPS of $2.80.
• The stock has a consensus Buy rating with an average price target of $50.67; AGI trades near $48.51 with a PE of 23.1, indicating valuation close to analyst targets.
• Alamos recently beat quarterly EPS expectations ($0.54 vs. $0.49) despite missing revenue estimates and raised its quarterly dividend to $0.04 (annualized $0.16, yield ~0.3%).

Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI - Stock analysts at Scotiabank reduced their FY2026 earnings estimates for Alamos Gold in a research report issued on Friday, April 10th. Scotiabank analyst O. Habib now forecasts that the basic materials company will post earnings of $2.43 per share for the year, down from their prior forecast of $2.58. Scotiabank has a "Sector Outperform" rating and a $60.00 price target on the stock. The consensus estimate for Alamos Gold's current full-year earnings is $1.29 per share. Scotiabank also issued estimates for Alamos Gold's FY2027 earnings at $2.80 EPS.

Other research analysts also recently issued reports about the stock. Wall Street Zen downgraded shares of Alamos Gold from a "strong-buy" rating to a "buy" rating in a research report on Sunday, March 1st. Canadian Imperial Bank of Commerce reissued an "outperform" rating on shares of Alamos Gold in a report on Wednesday, February 4th. Finally, Weiss Ratings downgraded Alamos Gold from a "buy (a-)" rating to a "buy (b+)" rating in a report on Thursday, April 2nd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $50.67.

Alamos Gold Trading Up 0.1%

NYSE AGI opened at $48.51 on Monday. The company has a market capitalization of $20.37 billion, a PE ratio of 23.10, a P/E/G ratio of 0.67 and a beta of 0.63. The company has a fifty day moving average of $45.61 and a 200 day moving average of $39.64. Alamos Gold has a 1 year low of $23.75 and a 1 year high of $55.41. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.00 and a quick ratio of 1.60.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last posted its earnings results on Wednesday, February 18th. The basic materials company reported $0.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.05. The company had revenue of $575.30 million during the quarter, compared to the consensus estimate of $596.18 million. Alamos Gold had a net margin of 48.97% and a return on equity of 14.83%. The firm's quarterly revenue was up 53.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.25 earnings per share.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Atlantic Union Bankshares Corp acquired a new position in shares of Alamos Gold in the fourth quarter worth about $25,000. Clearstead Advisors LLC raised its stake in shares of Alamos Gold by 62.8% during the 4th quarter. Clearstead Advisors LLC now owns 651 shares of the basic materials company's stock worth $25,000 after buying an additional 251 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of Alamos Gold by 44.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 722 shares of the basic materials company's stock worth $28,000 after buying an additional 222 shares during the period. 1620 Investment Advisors Inc. acquired a new position in shares of Alamos Gold during the 3rd quarter worth approximately $35,000. Finally, Bayforest Capital Ltd acquired a new position in shares of Alamos Gold during the 4th quarter worth approximately $44,000. Institutional investors and hedge funds own 64.33% of the company's stock.

Alamos Gold Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.3%. This is an increase from Alamos Gold's previous quarterly dividend of $0.03. The ex-dividend date was Thursday, March 12th. Alamos Gold's payout ratio is currently 7.62%.

Alamos Gold Company Profile

Alamos Gold Inc is a Canadian-based intermediate gold producer engaged in the exploration, development and operation of mining projects in North America. Its principal activities include the acquisition, exploration and development of gold-bearing properties, and the management of operating mines. The company focuses on sustainable production practices and maintains a portfolio that spans both producing assets and advanced-stage development projects.

Alamos Gold operates multiple open pit and underground mines, including the Young-Davidson and Island Gold mines in Ontario, Canada, and the Mulatos mine in Sonora, Mexico.

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