FY2026 EPS Estimates for Equinox Gold Boosted by Scotiabank

Key Points

• Scotiabank raised its FY2026 EPS estimate for Equinox Gold to $1.18 (from $1.15) and maintains an "Outperform" rating, versus a current consensus full-year estimate of $0.85.
• Analyst sentiment is broadly positive with three "Strong Buy" and five "Buy" ratings and a consensus price target of $17.00.
• Shares trade around $15.07 with a market cap of about $11.9B, a high P/E (~62.8), a low annual dividend yield of 0.4%, and roughly 38.9% institutional ownership.

Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) - Investment analysts at Scotiabank lifted their FY2026 earnings per share estimates for Equinox Gold in a report released on Friday, April 10th. Scotiabank analyst O. Habib now anticipates that the company will earn $1.18 per share for the year, up from their prior estimate of $1.15. Scotiabank has a "Outperform" rating on the stock. The consensus estimate for Equinox Gold's current full-year earnings is $0.85 per share.

Several other analysts have also recently issued reports on the company. BMO Capital Markets restated an "outperform" rating on shares of Equinox Gold in a research note on Tuesday, January 27th. Canadian Imperial Bank of Commerce upgraded Equinox Gold from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 23rd. Finally, Zacks Research upgraded Equinox Gold from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 24th. Three equities research analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $17.00.

Equinox Gold Trading Down 0.1%

Shares of NYSEAMERICAN EQX opened at $15.07 on Tuesday. The stock's 50 day moving average price is $15.32 and its two-hundred day moving average price is $13.94. Equinox Gold has a 52-week low of $5.61 and a 52-week high of $18.96. The stock has a market capitalization of $11.89 billion, a P/E ratio of 62.79 and a beta of 1.33. The company has a quick ratio of 1.27, a current ratio of 1.56 and a debt-to-equity ratio of 0.24.

Equinox Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were given a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Thursday, March 12th. Equinox Gold's dividend payout ratio is presently 11.11%.

Institutional Trading of Equinox Gold

Institutional investors and hedge funds have recently made changes to their positions in the stock. Mcguire Capital Advisors Inc. acquired a new stake in shares of Equinox Gold during the 4th quarter worth approximately $25,000. Aventura Private Wealth LLC acquired a new stake in shares of Equinox Gold during the 4th quarter worth approximately $28,000. Lodestone Wealth Management LLC acquired a new stake in shares of Equinox Gold during the 4th quarter worth approximately $28,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of Equinox Gold during the 4th quarter worth approximately $37,000. Finally, Quarry LP raised its position in shares of Equinox Gold by 329.9% during the 4th quarter. Quarry LP now owns 2,734 shares of the company's stock worth $38,000 after purchasing an additional 2,098 shares during the period. 38.85% of the stock is currently owned by institutional investors and hedge funds.

About Equinox Gold

Equinox Gold Corp is a Canadian gold mining company headquartered in Vancouver, British Columbia. The company focuses on the acquisition, development, and operation of gold properties, with an emphasis on open-pit heap leach mining. Since its inception, Equinox Gold has pursued a strategy of combining assets in established jurisdictions to build a diversified portfolio that balances production and growth, while maintaining rigorous safety and environmental standards.

Equinox Gold's operating portfolio spans three countries.

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