FY2025 EPS Estimates for Alamos Gold Inc. Lifted by Analyst (NYSE:AGI)

Alamos Gold Inc. (NYSE:AGI) (TSE:AGI) – Research analysts at National Bank Financial raised their FY2025 earnings estimates for shares of Alamos Gold in a note issued to investors on Thursday, April 25th. National Bank Financial analyst M. Parkin now anticipates that the basic materials company will earn $0.76 per share for the year, up from their prior estimate of $0.68. National Bank Financial currently has a “Outperform Overweight” rating on the stock. The consensus estimate for Alamos Gold’s current full-year earnings is $0.66 per share.

Alamos Gold (NYSE:AGI) (TSE:AGI) last issued its quarterly earnings results on Thursday, April 25th. The basic materials company reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13. The company had revenue of $277.60 million for the quarter, compared to analysts’ expectations of $271.15 million. Alamos Gold had a return on equity of 7.38% and a net margin of 19.41%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period last year, the firm earned $0.12 EPS.

AGI has been the subject of several other reports. Royal Bank of Canada increased their target price 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. Bank of America upgraded Alamos Gold from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $21.75 to $27.25 in a report on Tuesday, April 9th. StockNews.com raised Alamos Gold from a “hold” rating to a “buy” rating in a report on Sunday, April 14th. Finally, Jefferies Financial Group upped their price objective on shares of Alamos Gold from $14.00 to $18.00 and gave the company a “buy” rating in a research note on Monday, April 22nd. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Alamos Gold presently has an average rating of “Moderate Buy” and an average price target of $18.15.

Alamos Gold Trading Down 4.8 %

Shares of Alamos Gold stock opened at $14.70 on Monday. Alamos Gold has a 52 week low of $10.78 and a 52 week high of $16.01. The stock has a market cap of $5.85 billion, a PE ratio of 28.27, a price-to-earnings-growth ratio of 3.81 and a beta of 1.15. The company’s 50-day moving average price is $13.93 and its two-hundred day moving average price is $13.31.

Institutional Trading of Alamos Gold

A number of large investors have recently bought and sold shares of the business. Cheviot Value Management LLC lifted its stake in Alamos Gold by 2.0% in the fourth quarter. Cheviot Value Management LLC now owns 51,927 shares of the basic materials company’s stock valued at $699,000 after buying an additional 1,000 shares in the last quarter. AE Wealth Management LLC boosted its stake in shares of Alamos Gold by 2.8% during the 3rd quarter. AE Wealth Management LLC now owns 38,692 shares of the basic materials company’s stock worth $437,000 after buying an additional 1,049 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of Alamos Gold by 3.9% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 29,830 shares of the basic materials company’s stock valued at $337,000 after acquiring an additional 1,109 shares in the last quarter. Natixis Advisors L.P. increased its position in shares of Alamos Gold by 3.6% in the fourth quarter. Natixis Advisors L.P. now owns 32,588 shares of the basic materials company’s stock valued at $438,000 after acquiring an additional 1,137 shares during the last quarter. Finally, Kercheville Advisors LLC raised its holdings in Alamos Gold by 3.3% during the fourth quarter. Kercheville Advisors LLC now owns 37,200 shares of the basic materials company’s stock worth $501,000 after acquiring an additional 1,200 shares in the last quarter. 64.33% of the stock is owned by institutional investors.

Alamos Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 14th were issued a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.68%. The ex-dividend date was Wednesday, March 13th. Alamos Gold’s dividend payout ratio (DPR) 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.