What is Scotiabank’s Forecast for B2Gold FY2027 Earnings?

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Equities research analysts at Scotiabank lowered their FY2027 EPS estimates for shares of B2Gold in a report issued on Thursday, March 19th. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $1.43 for the year, down from their prior forecast of $1.44. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

Separately, National Bank Financial increased their price objective on B2Gold from C$9.25 to C$10.00 and gave the company an “outperform” rating in a research note on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, B2Gold presently has a consensus rating of “Buy” and an average target price of C$8.31.

B2Gold Stock Performance

B2Gold stock opened at C$5.59 on Monday. B2Gold has a fifty-two week low of C$3.62 and a fifty-two week high of C$8.60. The company has a market capitalization of C$7.51 billion, a price-to-earnings ratio of 19.96, a PEG ratio of -0.27 and a beta of 1.21. The stock has a fifty day moving average of C$7.09 and a two-hundred day moving average of C$6.67. The company has a debt-to-equity ratio of 17.54, a quick ratio of 3.33 and a current ratio of 1.06.

B2Gold (TSE:BTO) (NYSE:BTG) last posted its earnings results on Wednesday, February 18th. The company reported C$0.15 earnings per share (EPS) for the quarter. The firm had revenue of C$1.41 billion for the quarter. B2Gold had a return on equity of 12.15% and a net margin of 13.18%.

Insider Buying and Selling

In related news, insider William Lytle sold 272,373 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of C$8.32, for a total value of C$2,266,143.36. Following the completion of the sale, the insider directly owned 38,975 shares in the company, valued at approximately C$324,272. The trade was a 87.48% decrease in their ownership of the stock. Also, insider Randall Chatwin sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of C$7.25, for a total transaction of C$145,000.00. Following the transaction, the insider directly owned 6,199 shares of the company’s stock, valued at C$44,942.75. This trade represents a 76.34% decrease in their position. Over the last 90 days, insiders sold 583,159 shares of company stock valued at $4,821,759. 0.66% of the stock is owned by insiders.

B2Gold Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, March 19th were given a $0.02 dividend. The ex-dividend date of this dividend was Friday, March 6th. This represents a $0.08 annualized dividend and a dividend yield of 1.4%. B2Gold’s dividend payout ratio (DPR) is currently 28.57%.

B2Gold Company Profile

B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market.