Scotiabank Has Pessimistic Outlook of B2Gold FY2026 Earnings

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Analysts at Scotiabank lowered their FY2026 earnings estimates for shares of B2Gold in a note issued to investors on Thursday, May 14th. Scotiabank analyst O. Habib now anticipates that the company will post earnings per share of $0.59 for the year, down from their previous forecast of $0.64. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share. Scotiabank also issued estimates for B2Gold’s FY2027 earnings at $1.27 EPS.

B2Gold (TSE:BTO) (NYSE:BTG) last released its quarterly earnings data on Wednesday, May 6th. The company reported C$0.26 EPS for the quarter. The company had revenue of C$1.61 billion during the quarter. B2Gold had a return on equity of 15.70% and a net margin of 14.78%.

Separately, National Bank Financial increased their price objective on B2Gold from C$10.00 to C$10.70 and gave the company an “outperform” rating in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$9.15.

B2Gold Trading Down 2.7%

TSE BTO opened at C$7.16 on Friday. The company has a market cap of C$9.54 billion, a PE ratio of 18.84, a PEG ratio of -0.27 and a beta of 1.59. The company has a current ratio of 1.19, a quick ratio of 3.33 and a debt-to-equity ratio of 14.16. B2Gold has a 12 month low of C$4.01 and a 12 month high of C$8.60. The stock has a 50 day moving average of C$6.57 and a 200-day moving average of C$6.58.

B2Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, March 19th were given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, March 6th. B2Gold’s payout ratio is 21.05%.

Insiders Place Their Bets

In other B2Gold news, Director Kevin Bullock sold 13,400 shares of B2Gold stock in a transaction on Friday, May 8th. The shares were sold at an average price of C$7.14, for a total transaction of C$95,676.00. Following the completion of the transaction, the director directly owned 42,100 shares of the company’s stock, valued at C$300,594. The trade was a 24.14% decrease in their ownership of the stock. Also, insider Randall Chatwin sold 20,000 shares of B2Gold stock in a transaction 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 approximately C$44,942.75. This trade represents a 76.34% decrease in their ownership of the stock. Insiders sold a total of 606,145 shares of company stock valued at $4,985,208 over the last ninety days. 0.66% of the stock is currently owned by company insiders.

About B2Gold

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.