Alamos Gold Inc. (NYSE:AGI) Expected to Post FY2025 Earnings of $0.63 Per Share

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Equities research analysts at National Bank Financial lowered their FY2025 earnings per share estimates for Alamos Gold in a report released on Thursday, August 1st. National Bank Financial analyst M. Parkin now anticipates 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.

Several other analysts also recently weighed in on the company. Scotiabank upped their price objective on Alamos Gold from $16.00 to $20.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 16th. StockNews.com raised shares of Alamos Gold from a “hold” rating to a “buy” rating in a report on Thursday, May 16th. Jefferies Financial Group lifted their price target on shares of Alamos Gold from $20.00 to $21.00 and gave the company a “buy” rating in a report on Friday, July 12th. Royal Bank of Canada increased their price objective on shares of Alamos Gold from $16.00 to $18.00 and gave the company an “outperform” rating in a research note on Tuesday, April 23rd. Finally, Bank of America upgraded shares of Alamos Gold from a “neutral” rating to a “buy” rating and raised their target price for the company from $21.75 to $27.25 in a research report on Tuesday, April 9th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. 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 Price Performance

NYSE AGI opened at $17.21 on Monday. Alamos Gold has a fifty-two week low of $10.78 and a fifty-two week high of $18.20. The business has a fifty day moving average price of $16.48 and a two-hundred day moving average price of $14.80. The stock has a market capitalization of $6.87 billion, a PE ratio of 33.25, a PEG ratio of 0.78 and a beta of 1.16.

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

Institutional Investors Weigh In On Alamos Gold

A number of institutional investors have recently added to or reduced their stakes in AGI. Raymond James & Associates lifted its holdings in shares of Alamos Gold by 74.5% during the fourth quarter. Raymond James & Associates now owns 472,938 shares of the basic materials company’s stock worth $6,370,000 after purchasing an additional 201,905 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in shares of Alamos Gold by 44.1% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 99,290 shares of the basic materials company’s stock valued at $1,337,000 after buying an additional 30,365 shares during the last quarter. Fifth Third Bancorp acquired a new stake in shares of Alamos Gold in the fourth quarter valued at about $96,000. Sowell Financial Services LLC raised its position in shares of Alamos Gold by 11.2% during the fourth quarter. Sowell Financial Services LLC now owns 32,812 shares of the basic materials company’s stock worth $442,000 after acquiring an additional 3,308 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale lifted its stake in shares of Alamos Gold by 1,254.0% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 59,386 shares of the basic materials company’s stock worth $807,000 after acquiring an additional 55,000 shares during the period. 64.33% of the stock is owned by institutional investors.

Alamos Gold Announces Dividend

The firm also recently disclosed 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 yield of 0.58%. Alamos Gold’s dividend payout ratio (DPR) is presently 19.23%.

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.