Raymond James Has Negative Outlook of B2Gold FY2025 Earnings

B2Gold Corp. (NYSE:BTG) – Research analysts at Raymond James decreased their FY2025 earnings per share (EPS) estimates for shares of B2Gold in a research report issued on Tuesday, January 14th. Raymond James analyst F. Hamed now forecasts that the company will earn $0.42 per share for the year, down from their prior forecast of $0.47. The consensus estimate for B2Gold’s current full-year earnings is $0.23 per share.

BTG has been the topic of several other reports. Bank of America lowered B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday. StockNews.com downgraded shares of B2Gold from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. CIBC reduced their target price on shares of B2Gold from $3.70 to $3.30 and set a “neutral” rating on the stock in a research report on Wednesday. Jefferies Financial Group raised their price target on shares of B2Gold from $4.00 to $5.00 and gave the company a “buy” rating in a report on Friday, October 4th. Finally, Cibc World Mkts downgraded shares of B2Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $4.02.

B2Gold Price Performance

B2Gold stock opened at $2.38 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.83 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $3.13 billion, a P/E ratio of -4.25, a PEG ratio of 0.26 and a beta of 1.09. The firm has a fifty day moving average of $2.65 and a 200-day moving average of $2.88. B2Gold has a 52-week low of $2.34 and a 52-week high of $3.50.

B2Gold (NYSE:BTG) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.03). B2Gold had a positive return on equity of 7.53% and a negative net margin of 38.42%. The firm had revenue of $448.23 million for the quarter, compared to analyst estimates of $449.28 million. During the same quarter in the prior year, the company earned $0.05 earnings per share. The business’s revenue was down 6.2% compared to the same quarter last year.

B2Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Monday, December 2nd were given a $0.04 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $0.16 annualized dividend and a yield of 6.72%. B2Gold’s dividend payout ratio is presently -28.57%.

Institutional Investors Weigh In On B2Gold

Several large investors have recently made changes to their positions in the company. E&G Advisors LP acquired a new stake in B2Gold in the third quarter worth about $31,000. Private Advisor Group LLC acquired a new stake in shares of B2Gold in the 3rd quarter worth approximately $33,000. Flow Traders U.S. LLC bought a new position in shares of B2Gold in the third quarter valued at approximately $35,000. HighTower Advisors LLC acquired a new position in shares of B2Gold during the third quarter valued at approximately $36,000. Finally, Blue Trust Inc. increased its stake in shares of B2Gold by 72.1% during the third quarter. Blue Trust Inc. now owns 13,755 shares of the company’s stock valued at $42,000 after acquiring an additional 5,764 shares during the period. Institutional investors and hedge funds own 61.40% of the company’s stock.

About B2Gold

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.