FY2026 EPS Estimate for Eldorado Gold Lifted by Analyst

Eldorado Gold Co. (NYSE:EGO - Free Report) TSE: ELD - Research analysts at National Bank Financial raised their FY2026 EPS estimates for shares of Eldorado Gold in a research note issued to investors on Tuesday, April 22nd. National Bank Financial analyst D. Demarco now anticipates that the basic materials company will post earnings per share of $2.72 for the year, up from their prior estimate of $2.36. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Eldorado Gold's current full-year earnings is $1.50 per share.

Eldorado Gold (NYSE:EGO - Get Free Report) TSE: ELD last released its earnings results on Thursday, February 20th. The basic materials company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.13. The company had revenue of $435.70 million during the quarter, compared to analyst estimates of $440.43 million. Eldorado Gold had a net margin of 21.86% and a return on equity of 8.74%.

EGO has been the topic of several other reports. Royal Bank of Canada increased their target price on shares of Eldorado Gold from $20.00 to $21.00 and gave the stock an "outperform" rating in a report on Friday, April 4th. National Bankshares reiterated an "outperform" rating on shares of Eldorado Gold in a research note on Wednesday. StockNews.com upgraded Eldorado Gold from a "hold" rating to a "buy" rating in a research note on Thursday, April 10th. Finally, Scotiabank increased their price target on Eldorado Gold from $16.50 to $19.00 and gave the stock a "sector perform" rating in a research report on Monday, April 14th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Eldorado Gold currently has a consensus rating of "Moderate Buy" and a consensus target price of $20.38.

Eldorado Gold Stock Up 1.9 %

NYSE EGO opened at $19.41 on Friday. The firm has a market capitalization of $3.99 billion, a price-to-earnings ratio of 13.86 and a beta of 0.81. The company has a fifty day moving average of $16.26 and a two-hundred day moving average of $16.04. Eldorado Gold has a 52 week low of $13.29 and a 52 week high of $20.65. The company has a quick ratio of 2.54, a current ratio of 3.37 and a debt-to-equity ratio of 0.23.

Institutional Investors Weigh In On Eldorado Gold

Institutional investors and hedge funds have recently made changes to their positions in the business. Jennison Associates LLC increased its position in Eldorado Gold by 17.5% during the fourth quarter. Jennison Associates LLC now owns 7,090,185 shares of the basic materials company's stock worth $105,431,000 after purchasing an additional 1,058,137 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Eldorado Gold by 130.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 150,107 shares of the basic materials company's stock valued at $2,607,000 after buying an additional 85,053 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Eldorado Gold during the fourth quarter valued at $55,000. Barclays PLC grew its holdings in Eldorado Gold by 18.6% in the 3rd quarter. Barclays PLC now owns 176,381 shares of the basic materials company's stock worth $3,064,000 after buying an additional 27,667 shares in the last quarter. Finally, Swiss National Bank lifted its stake in shares of Eldorado Gold by 0.6% in the 4th quarter. Swiss National Bank now owns 403,620 shares of the basic materials company's stock worth $6,000,000 after acquiring an additional 2,500 shares during the period. 69.58% of the stock is currently owned by hedge funds and other institutional investors.

Eldorado Gold Company Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.

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