Q2 EPS Estimates for Barrick Gold Lifted by Raymond James

Barrick Gold Corp (NYSE:GOLD - Free Report) TSE: ABX - Equities research analysts at Raymond James increased their Q2 2025 earnings per share (EPS) estimates for shares of Barrick Gold in a research report issued on Tuesday, January 14th. Raymond James analyst B. Macarthur now forecasts that the gold and copper producer will post earnings of $0.35 per share for the quarter, up from their previous forecast of $0.30. Raymond James currently has a "Outperform" rating and a $25.00 target price on the stock. The consensus estimate for Barrick Gold's current full-year earnings is $1.27 per share.

Several other equities analysts have also weighed in on GOLD. Scotiabank decreased their target price on shares of Barrick Gold from $24.00 to $23.00 and set a "sector outperform" rating on the stock in a report on Monday, November 25th. CIBC downgraded Barrick Gold from a "sector outperform" rating to a "neutral" rating in a research report on Monday, November 25th. Citigroup lowered their price target on Barrick Gold from $23.00 to $17.00 and set a "neutral" rating for the company in a report on Friday, December 20th. Cibc World Mkts lowered shares of Barrick Gold from a "strong-buy" rating to a "hold" rating in a report on Monday, November 25th. Finally, UBS Group lowered Barrick Gold from a "buy" rating to a "neutral" rating and cut their target price for the company from $23.00 to $22.00 in a research report on Wednesday, October 30th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Barrick Gold currently has an average rating of "Moderate Buy" and an average price target of $24.82.

Barrick Gold Price Performance

NYSE:GOLD traded up $0.25 during trading hours on Friday, hitting $16.00. 15,270,538 shares of the stock were exchanged, compared to its average volume of 14,353,890. The firm's fifty day moving average price is $16.52 and its 200 day moving average price is $18.35. The company has a current ratio of 2.65, a quick ratio of 2.06 and a debt-to-equity ratio of 0.14. The company has a market cap of $27.85 billion, a P/E ratio of 17.20, a P/E/G ratio of 0.28 and a beta of 0.54. Barrick Gold has a 52-week low of $13.76 and a 52-week high of $21.35.

Barrick Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were given a $0.10 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.40 dividend on an annualized basis and a yield of 2.50%. Barrick Gold's dividend payout ratio (DPR) is 43.01%.

Institutional Trading of Barrick Gold

Several hedge funds and other institutional investors have recently made changes to their positions in GOLD. Exchange Traded Concepts LLC grew its position in shares of Barrick Gold by 198.1% in the third quarter. Exchange Traded Concepts LLC now owns 1,407 shares of the gold and copper producer's stock valued at $28,000 after purchasing an additional 935 shares during the last quarter. Eastern Bank purchased a new stake in Barrick Gold during the 3rd quarter worth about $32,000. JFS Wealth Advisors LLC raised its position in shares of Barrick Gold by 451.7% in the third quarter. JFS Wealth Advisors LLC now owns 1,909 shares of the gold and copper producer's stock valued at $38,000 after buying an additional 1,563 shares during the last quarter. AlphaMark Advisors LLC acquired a new position in Barrick Gold in the third quarter valued at $60,000. Finally, BNP Paribas boosted its position in shares of Barrick Gold by 221.7% in the third quarter. BNP Paribas now owns 3,066 shares of the gold and copper producer's stock worth $62,000 after acquiring an additional 2,113 shares during the last quarter. Institutional investors and hedge funds own 62.85% of the company's stock.

Barrick Gold Company Profile

Barrick Gold Corporation is a sector-leading gold and copper producer.  Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.   In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.