Raymond James Expects Increased Earnings for Barrick Gold

Barrick Gold Corp (NYSE:GOLD) (TSE:ABX) – Raymond James increased their Q4 2025 earnings per share estimates for Barrick Gold in a research report issued to clients and investors on Wednesday, February 12th. Raymond James analyst B. Macarthur now anticipates that the gold and copper producer will post earnings of $0.38 per share for the quarter, up from their previous estimate of $0.36. Raymond James has a “Outperform” rating and a $24.00 price objective on the stock. The consensus estimate for Barrick Gold’s current full-year earnings is $1.23 per share.

Other equities analysts also recently issued research reports about the company. UBS Group downgraded Barrick Gold from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $23.00 to $22.00 in a research note on Wednesday, October 30th. TD Securities dropped their price target on Barrick Gold from $24.00 to $23.00 and set a “buy” rating on the stock in a research report on Thursday, February 13th. Berenberg Bank lifted their price objective on Barrick Gold from $37.00 to $38.00 in a report on Tuesday, November 26th. CIBC downgraded shares of Barrick Gold from a “sector outperform” rating to a “neutral” rating in a report on Monday, November 25th. Finally, Citigroup cut their target price on shares of Barrick Gold from $23.00 to $17.00 and set a “neutral” rating for the company in a research report on Friday, December 20th. Six investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $23.75.

Barrick Gold Stock Up 2.4 %

Barrick Gold stock opened at $18.38 on Monday. The firm has a 50 day moving average price of $16.27 and a 200-day moving average price of $18.16. The company has a quick ratio of 2.06, a current ratio of 2.65 and a debt-to-equity ratio of 0.14. Barrick Gold has a twelve month low of $14.27 and a twelve month high of $21.35. The company has a market capitalization of $31.74 billion, a P/E ratio of 19.76, a P/E/G ratio of 0.39 and a beta of 0.55.

Barrick Gold (NYSE:GOLD) (TSE:ABX) last posted its quarterly earnings results on Wednesday, February 12th. The gold and copper producer reported $0.46 earnings per share for the quarter, meeting the consensus estimate of $0.46. Barrick Gold had a net margin of 13.19% and a return on equity of 5.82%.

Barrick Gold declared that its board has approved a share buyback plan on Wednesday, February 12th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the gold and copper producer to reacquire up to 3.2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Barrick Gold Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be given a dividend of $0.10 per share. The ex-dividend date is Friday, February 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.18%. Barrick Gold’s dividend payout ratio (DPR) is currently 32.52%.

Hedge Funds Weigh In On Barrick Gold

Institutional investors have recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC grew its holdings in shares of Barrick Gold by 198.1% during the third quarter. Exchange Traded Concepts LLC now owns 1,407 shares of the gold and copper producer’s stock worth $28,000 after purchasing an additional 935 shares in the last quarter. Eastern Bank bought a new stake in Barrick Gold during the third quarter valued at approximately $32,000. Crowley Wealth Management Inc. purchased a new position in Barrick Gold in the 4th quarter worth approximately $26,000. JFS Wealth Advisors LLC increased its holdings in shares of Barrick Gold by 451.7% in the 3rd quarter. JFS Wealth Advisors LLC now owns 1,909 shares of the gold and copper producer’s stock worth $38,000 after buying an additional 1,563 shares during the last quarter. Finally, Vega Investment Solutions purchased a new stake in shares of Barrick Gold during the 4th quarter valued at $31,000. 62.85% of the stock is currently owned by institutional investors.

About Barrick Gold

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.