Scotiabank Forecasts Alamos Gold FY2026 Earnings

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Stock analysts at Scotiabank issued their FY2026 earnings per share estimates for Alamos Gold in a report released on Wednesday, January 8th. Scotiabank analyst O. Habib forecasts that the basic materials company will post earnings per share of $1.12 for the year. The consensus estimate for Alamos Gold’s current full-year earnings is $0.77 per share.

Alamos Gold (NYSE:AGI) (TSE:AGI) last posted its earnings results on Wednesday, November 6th. The basic materials company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.03). The company had revenue of $360.90 million during the quarter. Alamos Gold had a return on equity of 8.85% and a net margin of 19.89%.

A number of other research analysts have also recently commented on the company. National Bank Financial upgraded Alamos Gold from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, December 3rd. Jefferies Financial Group increased their target price on Alamos Gold from $23.00 to $28.00 and gave the company a “buy” rating in a research report on Friday, October 4th. Finally, StockNews.com cut Alamos Gold from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 22nd. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $25.06.

Alamos Gold Price Performance

Shares of NYSE:AGI opened at $19.50 on Thursday. Alamos Gold has a one year low of $11.24 and a one year high of $21.45. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.62 and a quick ratio of 0.97. The company has a market cap of $8.19 billion, a price-to-earnings ratio of 32.50, a PEG ratio of 0.93 and a beta of 1.15. The firm has a 50 day simple moving average of $18.83 and a 200 day simple moving average of $18.74.

Hedge Funds Weigh In On Alamos Gold

A number of hedge funds have recently made changes to their positions in AGI. Mackenzie Financial Corp boosted its position in Alamos Gold by 147.6% during the second quarter. Mackenzie Financial Corp now owns 7,585,450 shares of the basic materials company’s stock valued at $119,003,000 after acquiring an additional 4,521,282 shares during the last quarter. CIBC Asset Management Inc lifted its stake in shares of Alamos Gold by 79.3% in the 3rd quarter. CIBC Asset Management Inc now owns 4,859,699 shares of the basic materials company’s stock valued at $97,336,000 after purchasing an additional 2,149,915 shares during the period. FMR LLC boosted its position in shares of Alamos Gold by 50.8% during the 3rd quarter. FMR LLC now owns 6,374,543 shares of the basic materials company’s stock valued at $127,027,000 after purchasing an additional 2,148,153 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its stake in Alamos Gold by 19.1% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,554,082 shares of the basic materials company’s stock worth $110,662,000 after purchasing an additional 891,255 shares during the period. Finally, 1832 Asset Management L.P. increased its holdings in Alamos Gold by 140.4% in the second quarter. 1832 Asset Management L.P. now owns 1,470,777 shares of the basic materials company’s stock worth $23,062,000 after purchasing an additional 858,977 shares in the last quarter. 64.33% of the stock is currently owned by institutional investors.

Alamos Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th were given a $0.025 dividend. The ex-dividend date of this dividend was Thursday, December 5th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.51%. Alamos Gold’s dividend payout ratio (DPR) is presently 16.67%.

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.