FY2025 EPS Estimates for Alamos Gold Inc. Reduced by National Bank Financial (NYSE:AGI)

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – National Bank Financial lowered their FY2025 earnings per share estimates for Alamos Gold in a research report issued on Thursday, August 1st. National Bank Financial analyst M. Parkin now expects that the basic materials company will post earnings per share of $0.63 for the year, down from their prior estimate of $0.75. The consensus estimate for Alamos Gold’s current full-year earnings is $0.72 per share. National Bank Financial also issued estimates for Alamos Gold’s FY2026 earnings at $0.63 EPS.

Alamos Gold (NYSE:AGI) (TSE:AGI) last issued its quarterly earnings data on Wednesday, July 31st. The basic materials company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.05. Alamos Gold had a net margin of 17.73% and a return on equity of 8.63%. The firm had revenue of $332.60 million for the quarter, compared to the consensus estimate of $282.78 million. During the same period last year, the firm posted $0.15 EPS. Alamos Gold’s quarterly revenue was up 27.4% compared to the same quarter last year.

Other analysts also recently issued research reports about the company. Royal Bank of Canada lifted their target price on Alamos Gold from $16.00 to $18.00 and gave the company an “outperform” rating in a research note on Tuesday, April 23rd. Scotiabank increased their target price on shares of Alamos Gold from $16.00 to $20.00 and gave the company an “outperform” rating in a research report on Tuesday, July 16th. Jefferies Financial Group boosted their price target on shares of Alamos Gold from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Friday, July 12th. StockNews.com raised shares of Alamos Gold from a “hold” rating to a “buy” rating in a research note on Thursday, May 16th. Finally, Bank of America upgraded shares of Alamos Gold from a “neutral” rating to a “buy” rating and raised their price objective for the company from $21.75 to $27.25 in a research note on Tuesday, April 9th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Alamos Gold presently has an average rating of “Moderate Buy” and an average target price of $19.75.

Alamos Gold Trading Up 1.6 %

AGI opened at $17.21 on Monday. The business’s 50 day moving average is $16.48 and its 200-day moving average is $14.80. The stock has a market cap of $6.87 billion, a PE ratio of 33.25, a price-to-earnings-growth ratio of 0.78 and a beta of 1.16. Alamos Gold has a twelve month low of $10.78 and a twelve month high of $18.20.

Alamos Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Investors of record on Thursday, June 13th were issued a $0.025 dividend. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.58%. Alamos Gold’s payout ratio is currently 19.23%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Cheviot Value Management LLC boosted its stake in shares of Alamos Gold by 2.0% during the 4th quarter. Cheviot Value Management LLC now owns 51,927 shares of the basic materials company’s stock worth $699,000 after acquiring an additional 1,000 shares in the last quarter. Natixis Advisors L.P. raised its holdings in Alamos Gold by 3.6% during the 4th quarter. Natixis Advisors L.P. now owns 32,588 shares of the basic materials company’s stock worth $438,000 after buying an additional 1,137 shares during the period. Venturi Wealth Management LLC lifted its stake in Alamos Gold by 20.7% during the first quarter. Venturi Wealth Management LLC now owns 7,000 shares of the basic materials company’s stock valued at $103,000 after buying an additional 1,200 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in shares of Alamos Gold by 3.4% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 38,816 shares of the basic materials company’s stock worth $609,000 after buying an additional 1,282 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of Alamos Gold by 2.6% in the second quarter. Commonwealth Equity Services LLC now owns 66,445 shares of the basic materials company’s stock worth $1,042,000 after acquiring an additional 1,654 shares in the last quarter. Institutional investors and hedge funds own 64.33% of the company’s stock.

Alamos Gold Company Profile

Alamos Gold Inc engages in the acquisition, exploration, development, and extraction of precious metals in Canada and Mexico. The company primarily explores for gold deposits. It holds 100% interest in the Young-Davidson mine and Island Gold mine located in the Ontario, Canada; Mulatos mine located in the Sonora, Mexico; and Lynn Lake project situated in the Manitoba, Canada.