Scotiabank Has Pessimistic Outlook of B2Gold FY2026 Earnings

Key Points

• Scotiabank lowered its FY2026 EPS estimate for B2Gold to $0.47 from $0.53 and keeps a "Sector Perform" rating, versus a consensus full‑year estimate of $0.65.
• B2Gold missed its most recent quarterly estimates, reporting $0.11 EPS (vs. $0.22 expected) and $1.05B revenue (vs. $1.15B expected), although revenue was up 110.9% year‑over‑year.
• The stock trades near $4.97 (52‑week range $2.86–$6.28) with a market cap of $6.63B, a PE of ~19.1, and about 61.4% ownership by institutional investors.

B2Gold Corp (NYSEAMERICAN:BTG - Free Report) TSE: BTO - Research analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for B2Gold in a research report issued to clients and investors on Thursday, April 23rd. Scotiabank analyst O. Habib now anticipates that the basic materials company will earn $0.47 per share for the year, down from their prior forecast of $0.53. Scotiabank currently has a "Sector Perform" rating on the stock. The consensus estimate for B2Gold's current full-year earnings is $0.65 per share.

B2Gold (NYSEAMERICAN:BTG - Get Free Report) TSE: BTO last announced its earnings results on Wednesday, February 18th. The basic materials company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.22 by ($0.11). B2Gold had a net margin of 13.13% and a return on equity of 18.12%. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the company earned $0.01 EPS. B2Gold's revenue was up 110.9% compared to the same quarter last year.

Separately, Canadian Imperial Bank of Commerce reaffirmed a "neutral" rating on shares of B2Gold in a research note on Wednesday, February 4th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of "Hold".

B2Gold Stock Performance

Shares of BTG opened at $4.97 on Monday. B2Gold has a 52-week low of $2.86 and a 52-week high of $6.28. The company has a quick ratio of 0.47, a current ratio of 1.06 and a debt-to-equity ratio of 0.16. The firm's fifty day moving average is $4.99 and its two-hundred day moving average is $4.82. The stock has a market cap of $6.63 billion, a PE ratio of 19.12, a price-to-earnings-growth ratio of 0.58 and a beta of 0.69.

Institutional Investors Weigh In On B2Gold

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. acquired a new stake in B2Gold during the 4th quarter worth $45,000. Parkway Wealth Management Group LLC acquired a new stake in B2Gold during the 1st quarter worth $51,000. Jefferies Financial Group Inc. acquired a new stake in B2Gold during the 4th quarter worth $55,000. Cerity Partners LLC acquired a new position in shares of B2Gold during the 4th quarter valued at about $55,000. Finally, Inspire Advisors LLC acquired a new position in shares of B2Gold during the 4th quarter valued at about $59,000. Institutional investors and hedge funds own 61.40% of the company's stock.

About B2Gold

B2Gold Corp. is a Canadian-based intermediate gold producer with a diversified portfolio of operating mines and advanced-stage development projects. Founded in 2007 through the merger of Bema Gold and CGA Mining, the company has grown to become one of the world's largest new gold producers. Headquartered in Vancouver, British Columbia, B2Gold focuses on efficient, low-cost operations across several continents, combining exploration, development and production within a single strategic framework.

The company's flagship assets include the Fekola mine in Mali, which commenced production in 2017, the Otjikoto mine in Namibia, and the Masbate mine in the Philippines.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.