Cormark Weighs in on B2Gold’s Q3 Earnings (NYSE:BTG)

B2Gold Corp. (NYSE:BTG) – Research analysts at Cormark reduced their Q3 2025 EPS estimates for shares of B2Gold in a report issued on Monday, March 31st. Cormark analyst R. Gray now forecasts that the company will earn $0.09 per share for the quarter, down from their prior estimate of $0.11. Cormark has a “Hold” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share. Cormark also issued estimates for B2Gold’s Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $0.35 EPS, FY2027 earnings at $0.36 EPS, FY2028 earnings at $0.46 EPS and FY2029 earnings at $0.51 EPS.

Other analysts have also recently issued reports about the stock. TD Securities cut shares of B2Gold from a “buy” rating to a “hold” rating in a research report on Tuesday, February 4th. Bank of America downgraded B2Gold from a “buy” rating to an “underperform” rating in a research report on Tuesday, January 14th. Finally, CIBC raised their target price on B2Gold from $3.30 to $3.60 and gave the company a “neutral” rating in a report on Thursday, March 20th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $4.12.

B2Gold Price Performance

BTG opened at $2.90 on Tuesday. B2Gold has a 52-week low of $2.20 and a 52-week high of $3.50. The company has a 50 day moving average of $2.73 and a two-hundred day moving average of $2.84. The company has a market cap of $3.82 billion, a P/E ratio of -6.04, a P/E/G ratio of 0.33 and a beta of 1.09. The company has a quick ratio of 1.08, a current ratio of 1.83 and a debt-to-equity ratio of 0.07.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. FMR LLC grew its stake in B2Gold by 0.7% during the 3rd quarter. FMR LLC now owns 59,489,129 shares of the company’s stock valued at $183,862,000 after purchasing an additional 438,399 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of B2Gold by 2.2% during the 4th quarter. Vanguard Group Inc. now owns 53,010,477 shares of the company’s stock valued at $129,823,000 after buying an additional 1,165,204 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of B2Gold by 1.0% during the fourth quarter. Renaissance Technologies LLC now owns 27,186,655 shares of the company’s stock worth $66,335,000 after buying an additional 272,300 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of B2Gold by 0.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 24,389,363 shares of the company’s stock worth $59,510,000 after buying an additional 130,638 shares during the last quarter. Finally, American Century Companies Inc. increased its position in shares of B2Gold by 31.3% in the 4th quarter. American Century Companies Inc. now owns 22,658,771 shares of the company’s stock worth $55,436,000 after purchasing an additional 5,401,334 shares during the last quarter. Institutional investors and hedge funds own 61.40% of the company’s stock.

B2Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, March 7th were paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a $0.08 annualized dividend and a dividend yield of 2.76%. B2Gold’s dividend payout ratio is presently -16.67%.

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.