FY2024 Earnings Estimate for Endeavour Mining Corp. Issued By Raymond James (TSE:EDV)

Endeavour Mining Corp. (TSE:EDV) – Equities researchers at Raymond James reduced their FY2024 earnings per share (EPS) estimates for Endeavour Mining in a note issued to investors on Monday, September 23rd. Raymond James analyst C. Stanley now anticipates that the company will earn $1.46 per share for the year, down from their previous estimate of $2.22. The consensus estimate for Endeavour Mining’s current full-year earnings is $4.23 per share. Raymond James also issued estimates for Endeavour Mining’s Q4 2024 earnings at $1.06 EPS, Q1 2025 earnings at $1.07 EPS, Q2 2025 earnings at $1.09 EPS, Q3 2025 earnings at $1.13 EPS, Q4 2025 earnings at $1.10 EPS and FY2025 earnings at $4.39 EPS.

Several other research analysts have also issued reports on the company. UBS Group upgraded Endeavour Mining to a “strong-buy” rating in a report on Thursday, August 1st. Royal Bank of Canada downgraded Endeavour Mining from an “outperform” rating to a “sector perform” rating and lowered their price objective for the stock from C$48.00 to C$40.00 in a research note on Tuesday, August 6th.

Endeavour Mining Stock Performance

Shares of TSE:EDV opened at C$32.73 on Thursday. The company has a market capitalization of C$7.99 billion, a price-to-earnings ratio of -33.06 and a beta of 0.90. Endeavour Mining has a 52-week low of C$21.11 and a 52-week high of C$34.30.

Endeavour Mining (TSE:EDV) last announced its quarterly earnings results on Wednesday, July 31st. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.20 by C($0.19). The firm had revenue of C$761.83 million during the quarter, compared to the consensus estimate of C$762.66 million. Endeavour Mining had a negative return on equity of 3.62% and a negative net margin of 8.83%.

Endeavour Mining Dividend Announcement

The business also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th will be paid a $0.561 dividend. This represents a dividend yield of 1.42%. The ex-dividend date is Friday, September 13th. Endeavour Mining’s dividend payout ratio (DPR) is presently -113.13%.

Endeavour Mining Company Profile

Endeavour Mining plc, together with its subsidiaries, operates as a gold mining company in West Africa. It primarily holds a portfolio of projects in Burkina Faso, Côte d’Ivoire, Senegal, and Mali. The company is based in London, the United Kingdom.