FY2026 EPS Estimates for Lundin Gold Decreased by Scotiabank

Key Points

• Scotiabank cut FY2026 EPS for Lundin Gold to $4.23 from $4.29 in an April 23 research note, a modest downward revision by analyst O. Habib.
• Lundin Gold raised its dividend, paying a quarterly C$1.1642 (annualized C$4.66) for a yield of about 4.7% and a payout ratio near 71.6%.
• Analyst sentiment is cautious—the consensus rating is "Reduce" with a C$98.17 price target; shares were down ~2.4% and trading near C$99.21 (P/E ~30.3).

Lundin Gold Inc. (TSE:LUG - Free Report) - Stock analysts at Scotiabank cut their FY2026 earnings estimates for shares of Lundin Gold in a research note issued to investors on Thursday, April 23rd. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $4.23 for the year, down from their prior estimate of $4.29. The consensus estimate for Lundin Gold's current full-year earnings is $2.56 per share.

Lundin Gold (TSE:LUG - Get Free Report) last announced its quarterly earnings results on Friday, February 20th. The company reported C$1.33 earnings per share for the quarter. Lundin Gold had a net margin of 44.42% and a return on equity of 60.01%. The firm had revenue of C$697.83 million during the quarter.

LUG has been the subject of a number of other research reports. Royal Bank Of Canada increased their target price on Lundin Gold from C$91.00 to C$113.00 in a research report on Thursday, March 12th. Cormark boosted their price target on Lundin Gold from C$100.00 to C$115.00 in a research report on Wednesday, January 14th. Canadian Imperial Bank of Commerce upped their price objective on Lundin Gold from C$123.00 to C$141.00 in a research note on Wednesday, February 4th. TD Securities raised their price objective on Lundin Gold from C$95.00 to C$114.00 in a research report on Thursday, January 22nd. Finally, BMO Capital Markets cut their target price on Lundin Gold from C$128.00 to C$119.00 in a research note on Monday, February 23rd. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Lundin Gold presently has a consensus rating of "Reduce" and a consensus price target of C$98.17.

Lundin Gold Stock Down 2.4%

Shares of LUG stock opened at C$99.21 on Tuesday. The firm has a market cap of C$23.98 billion, a price-to-earnings ratio of 30.34 and a beta of 1.58. Lundin Gold has a 52-week low of C$52.23 and a 52-week high of C$130.98. The company's 50 day moving average is C$110.00 and its 200 day moving average is C$110.02.

Lundin Gold Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 26th were paid a $1.1642 dividend. This represents a $4.66 annualized dividend and a yield of 4.7%. This is a positive change from Lundin Gold's previous quarterly dividend of $0.71. The ex-dividend date was Wednesday, March 11th. Lundin Gold's payout ratio is 71.56%.

Lundin Gold Company Profile

Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador. Fruta del Norte is among the highest-grade operating gold mines in the world. The Company's board and management team have extensive expertise and are dedicated to operating Fruta del Norte responsibly. The Company operates with transparency and in accordance with international best practices. Lundin Gold is committed to delivering value to its shareholders through operational excellence and growth, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.

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