Alamos Gold (AGI) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alamos Gold in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AGI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AGI, but not buy additional shares or sell existing shares.
View AGI analyst ratings or view top-rated stocks.

6 equities research analysts have issued 12 month target prices for Alamos Gold's shares. Their AGI share price forecasts range from $10.00 to $16.00. On average, they anticipate the company's stock price to reach $13.20 in the next year. This suggests a possible upside of 17.3% from the stock's current price.
View analysts price targets for AGI or view top-rated stocks among Wall Street analysts.

Alamos Gold's stock was trading at $10.11 on January 1st, 2023. Since then, AGI stock has increased by 11.3% and is now trading at $11.25.
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Alamos Gold saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 6,300,000 shares, an increase of 22.1% from the August 15th total of 5,160,000 shares. Based on an average trading volume of 2,310,000 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.8% of the company's stock are sold short.
View Alamos Gold's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our AGI earnings forecast.

Alamos Gold Inc. (NYSE:AGI) released its earnings results on Thursday, July, 27th. The basic materials company reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.03. The basic materials company earned $261 million during the quarter, compared to analyst estimates of $251.17 million. Alamos Gold had a net margin of 16.98% and a trailing twelve-month return on equity of 6.00%. The business's revenue for the quarter was up 36.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.07 EPS.

Alamos Gold declared a quarterly dividend on Thursday, August 31st. Investors of record on Thursday, September 14th will be given a dividend of $0.025 per share on Thursday, September 28th. This represents a $0.10 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend is Wednesday, September 13th.
Read our dividend analysis for AGI.

Dimensional International Small Cap Value ETF holds 496,298 shares of AGI stock, representing 0.49% of its portfolio.

Alamos Gold (NYSE:AGI) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.84%. The dividend payout ratio is 24.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AGI will have a dividend payout ratio of 19.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AGI.

9 employees have rated Alamos Gold Chief Executive Officer John A. McCluskey on Glassdoor.com. John A. McCluskey has an approval rating of 77% among the company's employees. 61.0% of employees surveyed would recommend working at Alamos Gold to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Alamos Gold investors own include Hawkins (HWKN), CA (CA), Endologix (ELGX), BlackRock (BLK), Micron Technology (MU), Yamana Gold (AUY), Barrick Gold (GOLD), Chipotle Mexican Grill (CMG), Kinross Gold (KGC) and

Alamos Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "AGI."

Alamos Gold's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (13.16%), Renaissance Technologies LLC (2.17%), Beutel Goodman & Co Ltd. (1.92%), Franklin Resources Inc. (1.70%), Bank of New York Mellon Corp (0.99%) and Mackenzie Financial Corp (0.73%).

Shares of AGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AGI stock can currently be purchased for approximately $11.25.

Alamos Gold (NYSE:AGI) has a market capitalization of $4.46 billion and generates $821.20 million in revenue each year. The basic materials company earns $37.10 million in net income (profit) each year or $0.41 on an earnings per share basis.

The company employs 1,918 workers across the globe.

Alamos Gold's mailing address is BROOKFIELD PLACE 181 BAY STREET SUITE 3910, TORONTO A6, M5J 2T3. The official website for the company is www.alamosgold.com. The basic materials company can be reached via phone at (416) 368-9932, via email at sparsons@alamosgold.com, or via fax at 416-368-2934.