FY2026 Earnings Estimate for B2Gold Issued By Scotiabank

B2Gold Corp. (NYSE:BTG - Free Report) - Investment analysts at Scotiabank raised their FY2026 earnings per share (EPS) estimates for shares of B2Gold in a research note issued to investors on Tuesday, July 15th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $0.39 for the year, up from their prior estimate of $0.38. Scotiabank currently has a "Strong-Buy" rating on the stock. The consensus estimate for B2Gold's current full-year earnings is $0.40 per share.

BTG has been the topic of several other reports. CIBC restated a "neutral" rating and issued a $4.00 price target (up from $3.60) on shares of B2Gold in a research note on Tuesday, July 15th. Raymond James Financial upgraded B2Gold to a "moderate buy" rating and set a $4.50 price target for the company in a research note on Monday, June 30th. National Bankshares restated an "outperform" rating on shares of B2Gold in a research report on Wednesday. Cormark raised B2Gold from a "hold" rating to a "moderate buy" rating in a report on Tuesday, April 22nd. Finally, Wall Street Zen upgraded B2Gold from a "hold" rating to a "buy" rating in a research report on Thursday, May 8th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, B2Gold presently has a consensus rating of "Hold" and an average target price of $4.31.

B2Gold Trading Up 3.8%

Shares of NYSE:BTG traded up $0.13 during trading on Friday, hitting $3.46. 14,043,699 shares of the company's stock were exchanged, compared to its average volume of 30,235,062. The firm has a market cap of $4.57 billion, a P/E ratio of -7.18, a PEG ratio of 0.33 and a beta of 0.45. The firm has a 50-day moving average price of $3.48 and a two-hundred day moving average price of $3.04. The company has a current ratio of 1.83, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07. B2Gold has a 1-year low of $2.20 and a 1-year high of $3.83.

B2Gold (NYSE:BTG - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.01. B2Gold had a positive return on equity of 5.65% and a negative net margin of 33.12%. During the same quarter in the previous year, the company earned $0.06 earnings per share. B2Gold's revenue for the quarter was up 15.3% on a year-over-year basis.

Institutional Investors Weigh In On B2Gold

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Rathbones Group PLC grew its position in shares of B2Gold by 5.9% during the 1st quarter. Rathbones Group PLC now owns 83,160 shares of the company's stock worth $236,000 after buying an additional 4,623 shares during the period. HighTower Advisors LLC boosted its stake in B2Gold by 45.4% during the 4th quarter. HighTower Advisors LLC now owns 16,933 shares of the company's stock worth $41,000 after acquiring an additional 5,288 shares during the last quarter. Hsbc Holdings PLC boosted its stake in B2Gold by 17.8% during the 1st quarter. Hsbc Holdings PLC now owns 44,238 shares of the company's stock worth $126,000 after acquiring an additional 6,692 shares during the last quarter. Signaturefd LLC boosted its stake in B2Gold by 176.1% during the 4th quarter. Signaturefd LLC now owns 12,935 shares of the company's stock worth $32,000 after acquiring an additional 8,250 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. boosted its stake in B2Gold by 7.5% during the 1st quarter. Northwest & Ethical Investments L.P. now owns 137,550 shares of the company's stock worth $391,000 after acquiring an additional 9,632 shares during the last quarter. 61.40% of the stock is owned by institutional investors and hedge funds.

B2Gold Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Wednesday, June 11th were given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.32%. The ex-dividend date was Wednesday, June 11th. B2Gold's dividend payout ratio (DPR) is currently -17.02%.

About B2Gold

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.