
Coeur Mining, Inc. (NYSE:CDE – Free Report) – Scotiabank cut their FY2026 earnings per share estimates for shares of Coeur Mining in a research note issued to investors on Wednesday, July 15th. Scotiabank analyst E. Winmill now expects that the basic materials company will post earnings of $1.41 per share for the year, down from their previous forecast of $1.45. Scotiabank currently has a “Sector Outperform” rating and a $28.50 price objective on the stock. The consensus estimate for Coeur Mining’s current full-year earnings is $1.39 per share. Scotiabank also issued estimates for Coeur Mining’s FY2027 earnings at $1.57 EPS.
Coeur Mining (NYSE:CDE – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). The company had revenue of $856.19 million for the quarter, compared to the consensus estimate of $815.59 million. Coeur Mining had a return on equity of 15.38% and a net margin of 31.15%.The company’s revenue for the quarter was up 137.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.11 EPS.
Get Our Latest Stock Report on CDE
Coeur Mining Price Performance
NYSE:CDE opened at $14.79 on Friday. The stock has a market capitalization of $15.31 billion, a PE ratio of 12.75 and a beta of 1.29. Coeur Mining has a 1-year low of $8.56 and a 1-year high of $27.77. The firm has a fifty day simple moving average of $17.31 and a 200 day simple moving average of $19.63. The company has a current ratio of 3.73, a quick ratio of 2.14 and a debt-to-equity ratio of 0.07.
Hedge Funds Weigh In On Coeur Mining
Large investors have recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership lifted its stake in shares of Coeur Mining by 92.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 27,981,273 shares of the basic materials company’s stock worth $524,669,000 after buying an additional 13,418,041 shares during the last quarter. State Street Corp boosted its holdings in shares of Coeur Mining by 6.7% during the 4th quarter. State Street Corp now owns 24,250,702 shares of the basic materials company’s stock worth $432,390,000 after buying an additional 1,529,394 shares during the period. Tidal Investments LLC grew its stake in Coeur Mining by 55.3% in the 2nd quarter. Tidal Investments LLC now owns 20,734,671 shares of the basic materials company’s stock valued at $183,709,000 after buying an additional 7,382,955 shares during the last quarter. Geode Capital Management LLC grew its stake in Coeur Mining by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 15,586,550 shares of the basic materials company’s stock valued at $277,953,000 after buying an additional 524,646 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Coeur Mining by 34.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 12,872,677 shares of the basic materials company’s stock valued at $241,484,000 after acquiring an additional 3,291,431 shares during the period. 63.01% of the stock is owned by institutional investors.
Insider Transactions at Coeur Mining
In other Coeur Mining news, CAO Kenneth J. Watkinson sold 39,000 shares of Coeur Mining stock in a transaction on Monday, June 1st. The shares were sold at an average price of $18.60, for a total transaction of $725,400.00. Following the completion of the transaction, the chief accounting officer directly owned 77,204 shares of the company’s stock, valued at $1,435,994.40. The trade was a 33.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.90% of the stock is owned by corporate insiders.
Coeur Mining Announces Dividend
The firm also recently declared a dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 22nd were issued a dividend of $0.02 per share. The ex-dividend date of this dividend was Friday, May 22nd. This represents a yield of 23.0%. Coeur Mining’s dividend payout ratio (DPR) is currently 3.45%.
About Coeur Mining
Coeur Mining, Inc is a publicly traded precious metals mining company headquartered in Chicago, Illinois. The company specializes in the exploration, development and production of silver and gold deposits, with a focus on high-grade underground and open-pit operations. Through a combination of operating mines and advanced exploration projects, Coeur Mining seeks to deliver consistent production of silver and gold bullion while maintaining industry standards for safety, environmental stewardship and cost management.
Coeur Mining’s portfolio includes five principal operating mines and several exploration projects across North America and Australia.
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