Scotiabank Has Positive Opinion of B2Gold FY2026 Earnings

B2Gold Corp (NYSEAMERICAN:BTG) (TSE:BTO) – Analysts at Scotiabank upped their FY2026 earnings per share estimates for B2Gold in a note issued to investors on Wednesday, November 11th. Scotiabank analyst O. Habib now forecasts that the basic materials company will post earnings per share of $0.46 for the year, up from their previous forecast of $0.38. Scotiabank currently has a “Sector Outperform” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.57 per share.

A number of other equities research analysts also recently commented on BTG. ATB Cormark Capital Markets upgraded shares of B2Gold from a “hold” rating to a “moderate buy” rating in a research report on Monday, August 10th. Canadian Imperial Bank of Commerce raised B2Gold from a “hold” rating to an “outperform” rating and set a $7.50 target price for the company in a research note on Monday, August 10th. Royal Bank Of Canada lifted their price target on B2Gold from $5.00 to $6.25 and gave the company a “sector perform” rating in a research note on Wednesday, September 16th. Raymond James Financial upped their price objective on B2Gold from $7.25 to $7.50 and gave the stock an “outperform” rating in a report on Friday, September 4th. Finally, TD Securities upgraded B2Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $6.81.

B2Gold Stock Down 4.2%

Shares of NYSEAMERICAN:BTG opened at $4.96 on Friday. B2Gold has a fifty-two week low of $3.57 and a fifty-two week high of $6.28. The company has a quick ratio of 0.66, a current ratio of 1.77 and a debt-to-equity ratio of 0.12. The firm’s 50-day simple moving average is $5.21 and its 200-day simple moving average is $4.84. The company has a market cap of $6.53 billion, a price-to-earnings ratio of 11.02, a PEG ratio of 0.29 and a beta of 0.64.

B2Gold (NYSEAMERICAN:BTG) (TSE:BTO) last announced its quarterly earnings data on Wednesday, November 4th. The basic materials company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. B2Gold had a net margin of 31.33% and a return on equity of 16.00%. The company had revenue of $836.00 million during the quarter, compared to the consensus estimate of $822.76 million.

Institutional Investors Weigh In On B2Gold

A number of institutional investors and hedge funds have recently modified their holdings of the company. Two Sigma Securities LLC increased its stake in B2Gold by 341.9% in the 2nd quarter. Two Sigma Securities LLC now owns 236,275 shares of the basic materials company’s stock valued at $884,000 after purchasing an additional 182,811 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in B2Gold by 6.9% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 288,790 shares of the basic materials company’s stock valued at $1,080,000 after purchasing an additional 18,536 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in B2Gold in the second quarter valued at $1,524,000. Public Employees Retirement System of Ohio purchased a new position in shares of B2Gold in the second quarter valued at $4,728,000. Finally, Capstone Investment Advisors LLC purchased a new position in shares of B2Gold in the second quarter valued at $731,000. Institutional investors and hedge funds own 61.40% of the company’s stock.

B2Gold Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Wednesday, December 2nd will be given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Wednesday, December 2nd. B2Gold’s dividend payout ratio (DPR) is presently -266.58%.

About B2Gold

B2Gold Corp. is a Canadian gold producer headquartered in Vancouver, British Columbia. Founded in 2007, the company explores for, develops and operates gold mines, with gold bullion as its principal product. B2Gold’s operations and projects span several regions, including Mali, Namibia, the Philippines and Canada. Its portfolio includes the Fekola, Otjikoto and Masbate mines, as well as the Goose project in Nunavut. In addition to producing gold, B2Gold conducts mineral exploration and evaluates opportunities to expand or develop its properties.