FY2026 EPS Estimates for Eldorado Gold Increased by Analyst

Eldorado Gold Corporation (NYSE:EGO) (TSE:ELD) – Research analysts at Scotiabank boosted their FY2026 earnings per share estimates for shares of Eldorado Gold in a report issued on Wednesday, August 19th. Scotiabank analyst T. Jakusconek now forecasts that the basic materials company will post earnings per share of $2.85 for the year, up from their previous forecast of $2.76. Scotiabank currently has a “Sector Outperform” rating and a $47.00 target price on the stock. The consensus estimate for Eldorado Gold’s current full-year earnings is $3.23 per share.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last released its earnings results on Thursday, July 30th. The basic materials company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. The company had revenue of $487.50 million for the quarter, compared to analysts’ expectations of $529.92 million. Eldorado Gold had a return on equity of 10.91% and a net margin of 29.83%.

A number of other research analysts have also recently weighed in on EGO. Canadian Imperial Bank of Commerce upgraded shares of Eldorado Gold from a “neutral” rating to an “outperform” rating in a research note on Sunday, August 9th. Bank of America lifted their price target on shares of Eldorado Gold from $31.00 to $33.00 and gave the stock an “underperform” rating in a report on Thursday, July 9th. ATB Cormark Capital Markets downgraded Eldorado Gold from a “moderate buy” rating to a “hold” rating in a research note on Monday, May 4th. Weiss Ratings lowered Eldorado Gold from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, June 11th. Finally, Citigroup downgraded Eldorado Gold to a “sector perform” rating in a research report on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $43.00.

Eldorado Gold Stock Performance

NYSE EGO opened at $48.03 on Monday. The company has a market capitalization of $12.55 billion, a PE ratio of 17.03, a price-to-earnings-growth ratio of 0.34 and a beta of 0.63. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.85 and a current ratio of 1.31. Eldorado Gold has a 52-week low of $23.41 and a 52-week high of $51.16. The company has a 50-day simple moving average of $34.08 and a 200 day simple moving average of $35.33.

Eldorado Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, September 1st. Eldorado Gold’s dividend payout ratio (DPR) is currently 10.64%.

Hedge Funds Weigh In On Eldorado Gold

Several large investors have recently modified their holdings of the business. Continuum Advisory LLC purchased a new stake in shares of Eldorado Gold during the 2nd quarter valued at approximately $25,000. Smartleaf Asset Management LLC purchased a new position in Eldorado Gold in the 4th quarter valued at approximately $33,000. Wexford Capital LP purchased a new position in Eldorado Gold in the 3rd quarter valued at approximately $37,000. Headlands Technologies LLC bought a new stake in Eldorado Gold during the 2nd quarter valued at $32,000. Finally, EFG International AG bought a new stake in Eldorado Gold during the 2nd quarter valued at $62,000. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Eldorado Gold Company Profile

Eldorado Gold Corporation is a Canada‐based gold producer engaged in the acquisition, exploration, development and operation of mineral properties. The company’s core focus is on gold, silver and select base metals, with an emphasis on advancing projects through feasibility and into production. Eldorado Gold maintains a diversified portfolio of both producing mines and advanced‐stage development projects.

Operationally, Eldorado Gold manages multiple gold mining operations across Turkey, Canada and Greece.