FY2026 EPS Estimates for Lundin Gold Decreased by Scotiabank

Key Points

• Scotiabank lowered its FY2026 EPS forecast for Lundin Gold to $3.84 from $4.07, though this remains above the $2.56 consensus estimate.
• Analyst sentiment remains positive overall, with Lundin Gold carrying an average “Buy” rating and a consensus price target of C$101.33, despite several firms recently cutting their targets.
• Lundin Gold reported C$1.19 quarterly EPS on C$678.7 million in revenue and pays an annualized dividend of $3.64, yielding about 3.7%; its dividend payout ratio is elevated at 102.6%.

Lundin Gold Inc. (TSE:LUG - Free Report) - Equities researchers at Scotiabank reduced their FY2026 EPS estimates for Lundin Gold in a research report issued on Wednesday, August 19th. Scotiabank analyst O. Habib now forecasts that the company will post earnings of $3.84 per share for the year, down from their prior forecast of $4.07. The consensus estimate for Lundin Gold's current full-year earnings is $2.56 per share.

A number of other research firms also recently issued reports on LUG. Desjardins dropped their price target on Lundin Gold from C$105.00 to C$100.00 and set a "buy" rating on the stock in a research note on Monday, July 27th. ATB Cormark Capital Markets upgraded Lundin Gold from a "sector perform" rating to an "outperform" rating and set a C$130.00 price objective for the company in a research note on Friday, May 8th. Canadian Imperial Bank of Commerce decreased their price objective on Lundin Gold from C$137.00 to C$131.00 in a report on Monday, August 10th. Finally, Jefferies Financial Group lowered their target price on shares of Lundin Gold from C$90.00 to C$88.00 in a research report on Monday, July 6th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of C$101.33.

Lundin Gold Stock Performance

Lundin Gold stock opened at C$99.05 on Friday. Lundin Gold has a fifty-two week low of C$71.51 and a fifty-two week high of C$130.98. The company has a market capitalization of C$23.95 billion, a P/E ratio of 25.73 and a beta of 1.62. The stock has a 50-day simple moving average of C$82.02 and a 200-day simple moving average of C$95.02.

Lundin Gold (TSE:LUG - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported C$1.19 earnings per share (EPS) for the quarter. Lundin Gold had a return on equity of 81.63% and a net margin of 46.31%.The company had revenue of C$678.70 million for the quarter.

Lundin Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 25th were paid a dividend of $0.91 per share. The ex-dividend date was Wednesday, June 10th. This represents a $3.64 annualized dividend and a dividend yield of 3.7%. Lundin Gold's dividend payout ratio is 102.60%.

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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