Alamos Gold Inc. (NYSE:AGI) to Post FY2026 Earnings of $0.60 Per Share, National Bank Financial Forecasts

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Equities researchers at National Bank Financial dropped their FY2026 earnings per share estimates for Alamos Gold in a research report issued to clients and investors on Sunday, September 8th. National Bank Financial analyst M. Parkin now forecasts that the basic materials company will earn $0.60 per share for the year, down from their prior estimate of $0.63. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $0.75 per share.

AGI has been the topic of several other reports. Scotiabank boosted their price objective on Alamos Gold from $20.00 to $22.00 and gave the stock a “sector outperform” rating in a research note on Monday, August 19th. Jefferies Financial Group boosted their target price on Alamos Gold from $20.00 to $21.00 and gave the company a “buy” rating in a research report on Friday, July 12th. Finally, StockNews.com upgraded Alamos Gold from a “hold” rating to a “buy” rating in a research report on Thursday, May 16th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $22.06.

Alamos Gold Trading Up 0.4 %

Shares of NYSE AGI opened at $18.17 on Tuesday. Alamos Gold has a 12-month low of $10.78 and a 12-month high of $20.24. The firm’s 50-day moving average price is $17.80 and its 200-day moving average price is $15.97. The stock has a market capitalization of $7.62 billion, a price-to-earnings ratio of 34.93, a P/E/G ratio of 0.78 and a beta of 1.18.

Alamos Gold (NYSE:AGI) (TSE:AGI) last posted its earnings results on Wednesday, July 31st. The basic materials company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.05. The firm had revenue of $332.60 million during the quarter, compared to analyst estimates of $282.78 million. Alamos Gold had a net margin of 17.73% and a return on equity of 8.52%. Alamos Gold’s revenue for the quarter was up 27.4% compared to the same quarter last year. During the same period last year, the firm posted $0.15 earnings per share.

Alamos Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 26th. Investors of record on Thursday, September 12th will be paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date is Thursday, September 12th. Alamos Gold’s dividend payout ratio is currently 19.23%.

Hedge Funds Weigh In On Alamos Gold

A number of large investors have recently bought and sold shares of the business. B. Riley Wealth Advisors Inc. increased its stake in Alamos Gold by 11.8% in the second quarter. B. Riley Wealth Advisors Inc. now owns 127,364 shares of the basic materials company’s stock worth $1,997,000 after purchasing an additional 13,450 shares during the period. Lighthouse Investment Partners LLC bought a new position in shares of Alamos Gold in the second quarter worth about $1,967,000. Lloyd Harbor Capital Management LLC increased its stake in Alamos Gold by 3.5% in the 2nd quarter. Lloyd Harbor Capital Management LLC now owns 590,000 shares of the basic materials company’s stock worth $9,251,000 after buying an additional 20,000 shares during the period. Mackenzie Financial Corp lifted its holdings in Alamos Gold by 147.6% during the 2nd quarter. Mackenzie Financial Corp now owns 7,585,450 shares of the basic materials company’s stock valued at $119,003,000 after buying an additional 4,521,282 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in Alamos Gold by 4.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,027,515 shares of the basic materials company’s stock valued at $31,758,000 after buying an additional 84,787 shares during the period. Hedge funds and other institutional investors own 64.33% of the company’s stock.

About Alamos Gold

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.