What is Scotiabank's Forecast for B2Gold FY2026 Earnings?

Key Points

• Scotiabank cut its FY2026 EPS forecast for B2Gold to $0.51 from $0.62, below the $0.56 consensus estimate, while maintaining a “Strong-Buy” rating.
• Analyst sentiment remains broadly positive: B2Gold has a consensus “Buy” rating and a C$9.33 target price, with several firms recently upgrading the stock.
• B2Gold reported quarterly revenue of C$1.12 billion and EPS of C$0.04, while maintaining a quarterly dividend of $0.02, or $0.08 annually, yielding about 1.1%.

B2Gold Corp. (TSE:BTO - Free Report) NYSE: BTG - Stock analysts at Scotiabank cut their FY2026 EPS estimates for B2Gold in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst O. Habib now forecasts that the company will earn $0.51 per share for the year, down from their previous forecast of $0.62. Scotiabank has a "Strong-Buy" rating on the stock. The consensus estimate for B2Gold's current full-year earnings is $0.56 per share.

Other analysts have also issued reports about the company. Canadian Imperial Bank of Commerce raised B2Gold from a "hold" rating to a "strong-buy" rating in a report on Monday, August 10th. TD Securities raised B2Gold from a "hold" rating to a "strong-buy" rating in a report on Monday, August 10th. Scotia upgraded B2Gold from a "sector perform" rating to a "sector outperform" rating and set a C$10.00 target price for the company in a research report on Monday, August 10th. ATB Cormark Capital Markets upgraded B2Gold from a "hold" rating to a "moderate buy" rating and boosted their price target for the company from C$6.50 to C$11.00 in a report on Monday, August 10th. Finally, National Bank Financial reduced their price objective on B2Gold from C$10.70 to C$9.75 and set an "outperform" rating on the stock in a research note on Tuesday, July 14th. Three equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of C$9.33.

B2Gold Stock Performance

Shares of BTO stock opened at C$7.61 on Monday. The company has a debt-to-equity ratio of 11.48, a quick ratio of 3.33 and a current ratio of 1.58. B2Gold has a one year low of C$5.02 and a one year high of C$8.60. The company's 50-day simple moving average is C$5.92 and its 200-day simple moving average is C$6.43. The stock has a market capitalization of C$10.14 billion, a price-to-earnings ratio of 13.59, a PEG ratio of -0.27 and a beta of 1.74.

B2Gold (TSE:BTO - Get Free Report) NYSE: BTG last announced its quarterly earnings data on Thursday, August 6th. The company reported C$0.04 earnings per share for the quarter. The company had revenue of C$1.12 billion during the quarter. B2Gold had a net margin of 21.20% and a return on equity of 21.87%.

B2Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 23rd were issued a $0.02 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $0.08 annualized dividend and a dividend yield of 1.1%. B2Gold's dividend payout ratio (DPR) is 14.29%.

Insider Buying and Selling at B2Gold

In related news, Director Michael Andrew Cinnamond sold 14,089 shares of the business's stock in a transaction that occurred on Friday, July 3rd. The stock was sold at an average price of C$5.88, for a total transaction of C$82,843.32. Following the completion of the transaction, the director owned 315,371 shares in the company, valued at C$1,854,381.48. The trade was a 4.28% decrease in their position. Also, Director Jerry Korpan sold 200,000 shares of the company's stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of C$7.06, for a total value of C$1,412,000.00. Following the transaction, the director owned 2,280,000 shares of the company's stock, valued at approximately C$16,096,800. The trade was a 8.06% decrease in their ownership of the stock. Over the last ninety days, insiders have sold 536,585 shares of company stock worth $3,652,521. 0.66% of the stock is owned by company insiders.

B2Gold Company Profile

B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.

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