Alamos Gold Inc. (NYSE:AGI) Expected to Post FY2026 Earnings of $0.60 Per Share

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Equities research analysts at National Bank Financial lowered their FY2026 earnings per share estimates for shares of Alamos Gold in a research note issued to investors on Sunday, September 8th. National Bank Financial analyst M. Parkin now expects that the basic materials company will post earnings per share of $0.60 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.

Several other equities research analysts also recently commented on AGI. StockNews.com upgraded Alamos Gold from a “hold” rating to a “buy” rating in a report on Thursday, May 16th. Jefferies Financial Group lifted their price objective on Alamos Gold from $20.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, July 12th. Royal Bank of Canada lifted their price objective on Alamos Gold from $20.00 to $23.00 and gave the stock an “outperform” rating in a report on Tuesday. Finally, Scotiabank lifted their price objective on Alamos Gold from $20.00 to $22.00 and gave the stock a “sector outperform” rating in a report on Monday, August 19th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $23.31.

Alamos Gold Price Performance

NYSE AGI opened at $18.91 on Tuesday. The firm has a market capitalization of $7.55 billion, a P/E ratio of 36.37, a P/E/G ratio of 0.78 and a beta of 1.18. Alamos Gold has a 1-year low of $10.78 and a 1-year high of $20.24. The business’s 50-day simple moving average is $17.92 and its 200-day simple moving average is $16.04.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of AGI. CANADA LIFE ASSURANCE Co lifted its holdings in shares of Alamos Gold by 131.6% during the first quarter. CANADA LIFE ASSURANCE Co now owns 97,403 shares of the basic materials company’s stock valued at $1,434,000 after purchasing an additional 55,352 shares during the last quarter. National Bank of Canada FI lifted its holdings in shares of Alamos Gold by 3.4% during the first quarter. National Bank of Canada FI now owns 1,394,930 shares of the basic materials company’s stock valued at $21,824,000 after purchasing an additional 45,412 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Alamos Gold by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 14,419,042 shares of the basic materials company’s stock valued at $194,224,000 after purchasing an additional 216,280 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Alamos Gold by 71.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,588,581 shares of the basic materials company’s stock valued at $97,183,000 after purchasing an additional 2,756,759 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of Alamos Gold by 66.2% during the first quarter. Russell Investments Group Ltd. now owns 191,746 shares of the basic materials company’s stock valued at $2,829,000 after purchasing an additional 76,379 shares during the last quarter. Institutional investors own 64.33% of the company’s stock.

Alamos Gold Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, September 12th will be given a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Thursday, September 12th. Alamos Gold’s dividend payout ratio is presently 19.23%.

Alamos Gold Company Profile

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.