FY2026 EPS Estimates for Barrick Mining Increased by Analyst

Key Points

• Scotiabank raised Barrick Mining’s FY2026 EPS estimate to $3.61 from $3.35 and maintained an “Outperform” rating with a $55 price target. Analysts overall assign the stock a “Moderate Buy” consensus rating with a $52.57 average target.
• Barrick reported quarterly EPS of $0.82, slightly above the $0.81 consensus estimate, while revenue rose 43.8% year over year to $4.19 billion, below expectations of $5.10 billion.
• The company declared a quarterly dividend of $0.175, equivalent to $0.70 annually and a 1.5% yield; institutional investors own approximately 90.82% of the stock.

Barrick Mining Corporation (NYSE:B - Free Report) TSE: ABX - Investment analysts at Scotiabank increased their FY2026 earnings estimates for shares of Barrick Mining in a report released on Wednesday, August 19th. Scotiabank analyst T. Jakusconek now expects that the gold and copper producer will earn $3.61 per share for the year, up from their prior forecast of $3.35. Scotiabank has a "Outperform" rating and a $55.00 price objective on the stock. The consensus estimate for Barrick Mining's current full-year earnings is $3.55 per share.

B has been the topic of a number of other research reports. TD lowered their target price on Barrick Mining from $61.00 to $59.00 and set a "buy" rating on the stock in a research note on Tuesday, August 11th. Citigroup reaffirmed a "positive" rating on shares of Barrick Mining in a research note on Wednesday, July 15th. Royal Bank Of Canada reduced their price target on Barrick Mining from $51.00 to $49.00 and set an "outperform" rating for the company in a report on Thursday, July 9th. Bank of America lowered their price target on Barrick Mining from $56.00 to $54.00 and set a "buy" rating for the company in a research note on Tuesday, August 11th. Finally, UBS Group dropped their price objective on Barrick Mining from $54.00 to $50.00 and set a "buy" rating on the stock in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Barrick Mining currently has a consensus rating of "Moderate Buy" and a consensus price target of $52.57.

Barrick Mining Price Performance

Shares of NYSE:B opened at $47.70 on Monday. The firm has a market cap of $78.51 billion, a price-to-earnings ratio of 12.29, a P/E/G ratio of 0.91 and a beta of 0.47. Barrick Mining has a 1 year low of $25.28 and a 1 year high of $54.69. The company has a current ratio of 3.01, a quick ratio of 2.36 and a debt-to-equity ratio of 0.13. The business has a fifty day simple moving average of $38.85 and a 200 day simple moving average of $41.54.

Barrick Mining (NYSE:B - Get Free Report) TSE: ABX last posted its quarterly earnings results on Monday, August 10th. The gold and copper producer reported $0.82 EPS for the quarter, beating the consensus estimate of $0.81 by $0.01. Barrick Mining had a net margin of 31.60% and a return on equity of 16.02%. The business had revenue of $4.19 billion for the quarter, compared to analysts' expectations of $5.10 billion. During the same period in the previous year, the company posted $0.47 EPS. Barrick Mining's revenue was up 43.8% on a year-over-year basis.

Hedge Funds Weigh In On Barrick Mining

Institutional investors have recently bought and sold shares of the stock. Intesa Sanpaolo Wealth Management acquired a new stake in shares of Barrick Mining in the fourth quarter worth about $26,000. Ascentis Independent Advisors acquired a new position in shares of Barrick Mining during the 1st quarter valued at about $28,000. JPL Wealth Management LLC bought a new position in shares of Barrick Mining in the 3rd quarter valued at approximately $28,000. Laurel Wealth Advisors LLC bought a new position in shares of Barrick Mining in the 4th quarter valued at approximately $30,000. Finally, Motiv8 Investments LLC acquired a new stake in Barrick Mining in the 4th quarter worth approximately $31,000. 90.82% of the stock is currently owned by institutional investors.

Barrick Mining Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.175 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.70 dividend on an annualized basis and a yield of 1.5%. Barrick Mining's dividend payout ratio is currently 18.04%.

Barrick Mining Company Profile

Barrick Gold Corporation, commonly known as Barrick, is a Toronto‑headquartered mining company focused on the exploration, development, production and sale of gold and copper. Listed on major exchanges (including the New York Stock Exchange under the symbol B), Barrick operates as an integrated minerals producer, running large‑scale mining complexes, processing facilities and related support services for extraction and metallurgical treatment of ore.

The company's activities span the full mining value chain: greenfield exploration, feasibility and permitting, mine construction, ongoing operations, and closure and reclamation.

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