B2Gold Corp. (NYSE:BTG – Free Report) – Equities research analysts at Stifel Canada raised their FY2025 EPS estimates for B2Gold in a report issued on Monday, April 21st. Stifel Canada analyst I. Rico now expects that the company will earn $0.48 per share for the year, up from their prior forecast of $0.47. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share. Stifel Canada also issued estimates for B2Gold’s FY2026 earnings at $0.48 EPS and FY2027 earnings at $0.78 EPS.
A number of other equities research analysts have also weighed in on BTG. CIBC boosted their price target on B2Gold from $3.30 to $3.60 and gave the stock a “neutral” rating in a research note on Thursday, March 20th. National Bankshares reaffirmed an “outperform” rating on shares of B2Gold in a report on Wednesday, April 2nd. Bank of America lowered shares of B2Gold from a “buy” rating to an “underperform” rating in a report on Tuesday, January 14th. Raymond James reaffirmed an “outperform” rating and set a $4.50 price target on shares of B2Gold in a research report on Friday, April 4th. Finally, Cormark upgraded B2Gold from a “hold” rating to a “moderate buy” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $4.21.
B2Gold Stock Down 3.2 %
B2Gold stock opened at $3.29 on Wednesday. B2Gold has a 1-year low of $2.20 and a 1-year high of $3.51. The business has a fifty day moving average price of $2.93 and a 200-day moving average price of $2.82. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.08. The stock has a market capitalization of $4.34 billion, a price-to-earnings ratio of -6.85, a PEG ratio of 0.33 and a beta of 0.93.
B2Gold Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Friday, March 7th were given a dividend of $0.02 per share. The ex-dividend date was Friday, March 7th. This represents a $0.08 annualized dividend and a yield of 2.43%. B2Gold’s dividend payout ratio is presently -16.67%.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in BTG. Geode Capital Management LLC grew its stake in B2Gold by 46.7% during the 3rd quarter. Geode Capital Management LLC now owns 2,075,521 shares of the company’s stock valued at $7,544,000 after acquiring an additional 661,107 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of B2Gold by 20.4% during the fourth quarter. Alliancebernstein L.P. now owns 163,503 shares of the company’s stock valued at $399,000 after acquiring an additional 27,720 shares during the last quarter. JPMorgan Chase & Co. raised its position in B2Gold by 525.1% in the third quarter. JPMorgan Chase & Co. now owns 517,575 shares of the company’s stock valued at $1,594,000 after purchasing an additional 434,775 shares during the period. Barclays PLC lifted its stake in B2Gold by 23.7% during the 3rd quarter. Barclays PLC now owns 910,558 shares of the company’s stock worth $2,804,000 after acquiring an additional 174,477 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of B2Gold by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 53,010,477 shares of the company’s stock worth $129,823,000 after purchasing an additional 1,165,204 shares in the last quarter. 61.40% of the stock is owned by institutional investors and hedge funds.
About B2Gold
B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.
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