National Bank Financial Weighs in on Alamos Gold Q1 Earnings

Alamos Gold Inc. (NYSE:AGI - Free Report) TSE: AGI - Stock analysts at National Bank Financial issued their Q1 2025 EPS estimates for Alamos Gold in a research report issued on Tuesday, April 22nd. National Bank Financial analyst D. Demarco forecasts that the basic materials company will post earnings per share of $0.22 for the quarter. National Bank Financial currently has a "Strong-Buy" rating on the stock. The consensus estimate for Alamos Gold's current full-year earnings is $1.29 per share. National Bank Financial also issued estimates for Alamos Gold's FY2025 earnings at $1.36 EPS.

AGI has been the subject of several other research reports. Bank of America dropped their price objective on shares of Alamos Gold from $31.00 to $30.50 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Royal Bank of Canada increased their price target on Alamos Gold from $27.00 to $30.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. Scotiabank reaffirmed an "outperform" rating on shares of Alamos Gold in a report on Monday, April 14th. Finally, StockNews.com upgraded shares of Alamos Gold from a "hold" rating to a "buy" rating in a research note on Tuesday, April 15th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $30.38.

Alamos Gold Stock Performance

Shares of AGI traded down $0.08 during midday trading on Thursday, reaching $28.35. 1,058,027 shares of the stock were exchanged, compared to its average volume of 2,539,298. The stock's 50 day simple moving average is $25.94 and its 200 day simple moving average is $21.95. The company has a market cap of $11.92 billion, a P/E ratio of 41.16, a PEG ratio of 0.40 and a beta of 1.02. Alamos Gold has a twelve month low of $14.64 and a twelve month high of $31.00. The company has a quick ratio of 0.96, a current ratio of 1.51 and a debt-to-equity ratio of 0.08.

Alamos Gold (NYSE:AGI - Get Free Report) TSE: AGI last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.24 by $0.01. The firm had revenue of $375.80 million for the quarter, compared to the consensus estimate of $388.06 million. Alamos Gold had a net margin of 21.11% and a return on equity of 10.05%.

Alamos Gold Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a $0.025 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.35%. Alamos Gold's payout ratio is currently 14.49%.

Hedge Funds Weigh In On Alamos Gold

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in shares of Alamos Gold by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 15,995,738 shares of the basic materials company's stock worth $295,105,000 after buying an additional 279,280 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Alamos Gold by 17.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 9,440,153 shares of the basic materials company's stock valued at $173,991,000 after acquiring an additional 1,424,550 shares in the last quarter. CIBC Asset Management Inc grew its position in Alamos Gold by 59.0% during the 4th quarter. CIBC Asset Management Inc now owns 7,726,726 shares of the basic materials company's stock worth $142,936,000 after acquiring an additional 2,867,027 shares during the last quarter. Renaissance Technologies LLC increased its holdings in Alamos Gold by 4.4% in the 4th quarter. Renaissance Technologies LLC now owns 7,534,253 shares of the basic materials company's stock worth $138,932,000 after purchasing an additional 318,360 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Alamos Gold by 296.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,375,892 shares of the basic materials company's stock valued at $136,011,000 after purchasing an additional 5,516,186 shares during the last quarter. 64.33% of the stock is currently owned by institutional investors and hedge funds.

Alamos Gold Company Profile

Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.