Equities Analysts Issue Forecasts for B2Gold FY2026 Earnings

B2Gold Corp. (NYSE:BTG - Free Report) - Equities researchers at Scotiabank lifted their FY2026 EPS estimates for B2Gold in a 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 previous forecast of $0.38. Scotiabank has a "Strong-Buy" rating on the stock. The consensus estimate for B2Gold's current full-year earnings is $0.40 per share.

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

B2Gold Price Performance

Shares of NYSE BTG traded down $0.08 during trading on Friday, hitting $3.33. The company had a trading volume of 24,794,936 shares, compared to its average volume of 30,219,887. The stock has a fifty day simple moving average of $3.47 and a two-hundred day simple moving average of $3.03. B2Gold has a fifty-two week low of $2.20 and a fifty-two week high of $3.83. The firm has a market capitalization of $4.41 billion, a price-to-earnings ratio of -6.94, a price-to-earnings-growth ratio of 0.33 and a beta of 0.45. The company has a quick ratio of 1.08, a current ratio of 1.83 and a debt-to-equity ratio of 0.07.

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

B2Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Wednesday, June 11th were issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date was Wednesday, June 11th. B2Gold's dividend payout ratio is currently -17.02%.

Institutional Investors Weigh In On B2Gold

A number of hedge funds have recently modified their holdings of BTG. Cantor Fitzgerald L. P. purchased a new stake in shares of B2Gold in the fourth quarter valued at about $25,000. Independent Wealth Network Inc. purchased a new position in B2Gold during the first quarter worth about $28,000. Groupama Asset Managment purchased a new position in B2Gold during the fourth quarter worth about $29,000. Schonfeld Strategic Advisors LLC purchased a new position in B2Gold during the fourth quarter worth about $30,000. Finally, Kercheville Advisors LLC purchased a new position in B2Gold during the first quarter worth about $31,000. Hedge funds and other institutional investors own 61.40% of the company's stock.

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.