FY2027 EPS Estimates for Equinox Gold Increased by Analyst

Key Points

• Scotiabank raised its FY2027 EPS estimate for Equinox Gold to $1.39 (from $1.28) and maintains an "Outperform" rating; the consensus current full‑year EPS estimate is $0.85.
• Analyst sentiment is broadly positive—three analysts rate EQX as Strong Buy and five as Buy, producing a MarketBeat consensus rating of "Buy" with a $17.00 price target.
• EQX trades around $15.08 with a PE of 62.8 and a market cap of about $11.9 billion, and it pays a small annualized dividend of $0.06 per share (yield ~0.4%).

Equinox Gold Corp. (NYSEAMERICAN:EQX - Free Report) - Equities research analysts at Scotiabank increased their FY2027 EPS estimates for Equinox Gold in a research note issued to investors on Friday, April 10th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $1.39 for the year, up from their previous forecast of $1.28. 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 equities research analysts also recently issued reports on EQX. BMO Capital Markets restated an "outperform" rating on shares of Equinox Gold in a research report on Tuesday, January 27th. Canadian Imperial Bank of Commerce raised shares of Equinox Gold from a "hold" rating to a "strong-buy" rating in a research report on Monday, February 23rd. Finally, Zacks Research raised shares of Equinox Gold from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 24th. Three analysts have rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $17.00.

Equinox Gold Stock Performance

Shares of EQX stock opened at $15.08 on Monday. The firm has a 50 day moving average price of $15.30 and a two-hundred day moving average price of $13.91. The company has a quick ratio of 1.27, a current ratio of 1.56 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $11.90 billion, a PE ratio of 62.83 and a beta of 1.33. Equinox Gold has a 12-month low of $5.61 and a 12-month high of $18.96.

Equinox Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors 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 yield of 0.4%. The ex-dividend date of this dividend was Thursday, March 12th. Equinox Gold's dividend payout ratio (DPR) is currently 11.11%.

Hedge Funds Weigh In On Equinox Gold

A number of hedge funds have recently bought and sold shares of EQX. Ruffer LLP increased its holdings in Equinox Gold by 15.4% in the 3rd quarter. Ruffer LLP now owns 8,651,889 shares of the company's stock valued at $96,992,000 after buying an additional 1,152,288 shares during the period. Y Intercept Hong Kong Ltd bought a new position in Equinox Gold in the 3rd quarter valued at about $6,991,000. Allspring Global Investments Holdings LLC increased its holdings in Equinox Gold by 70.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 941,985 shares of the company's stock valued at $10,550,000 after buying an additional 390,000 shares during the period. Integrated Advisors Network LLC bought a new position in Equinox Gold in the 3rd quarter valued at about $1,111,000. Finally, Vanguard Group Inc. increased its holdings in Equinox Gold by 3.1% in the 3rd quarter. Vanguard Group Inc. now owns 27,464,616 shares of the company's stock valued at $307,659,000 after buying an additional 822,981 shares during the period. 38.85% of the stock is owned by institutional investors.

Equinox Gold Company Profile

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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