Scotiabank Estimates B2Gold’s FY2026 Earnings (NYSE:BTG)

B2Gold Corp. (NYSE:BTG) – Analysts at Scotiabank increased their FY2026 earnings per share estimates for shares of B2Gold in a report released on Tuesday, July 15th. Scotiabank analyst O. Habib now anticipates that the company will earn $0.39 per share for the year, up from their previous estimate of $0.38. Scotiabank currently has a “Strong-Buy” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.40 per share.

Several other equities research analysts have also issued reports on the company. CIBC reissued a “neutral” rating and set a $4.00 price target (up from $3.60) on shares of B2Gold in a research report on Tuesday. Cormark raised B2Gold from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 22nd. National Bankshares reaffirmed an “outperform” rating on shares of B2Gold in a research report on Wednesday. Raymond James Financial raised B2Gold to a “moderate buy” rating and set a $4.50 target price on the stock in a research report on Monday, June 30th. Finally, Wall Street Zen raised B2Gold from a “hold” rating to a “buy” rating in a research report on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, B2Gold presently has an average rating of “Hold” and a consensus price target of $4.31.

B2Gold Stock Performance

BTG stock opened at $3.33 on Friday. The company has a current ratio of 1.83, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07. The firm has a market cap of $4.41 billion, a P/E ratio of -6.94, a P/E/G ratio of 0.33 and a beta of 0.45. B2Gold has a 12-month low of $2.20 and a 12-month high of $3.83. The stock’s 50 day simple moving average is $3.47 and its 200 day simple moving average is $3.03.

B2Gold (NYSE:BTG) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. B2Gold had a positive return on equity of 5.65% and a negative net margin of 33.12%. The business’s quarterly revenue was up 15.3% on a year-over-year basis. During the same quarter last year, the company posted $0.06 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Pale Fire Capital SE grew its stake in shares of B2Gold by 23.7% in the first quarter. Pale Fire Capital SE now owns 64,838,409 shares of the company’s stock worth $184,789,000 after purchasing an additional 12,419,383 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of B2Gold by 2.1% in the first quarter. Vanguard Group Inc. now owns 54,099,978 shares of the company’s stock worth $153,752,000 after purchasing an additional 1,089,501 shares in the last quarter. Renaissance Technologies LLC boosted its stake in B2Gold by 1.0% during the fourth quarter. Renaissance Technologies LLC now owns 27,186,655 shares of the company’s stock valued at $66,335,000 after buying an additional 272,300 shares in the last quarter. American Century Companies Inc. boosted its stake in B2Gold by 17.1% during the first quarter. American Century Companies Inc. now owns 26,524,336 shares of the company’s stock valued at $75,435,000 after buying an additional 3,865,565 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in B2Gold by 0.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 24,389,363 shares of the company’s stock valued at $59,510,000 after buying an additional 130,638 shares in the last quarter. Institutional investors own 61.40% of the company’s stock.

B2Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Wednesday, June 11th were paid a $0.02 dividend. The ex-dividend date was Wednesday, June 11th. This represents a $0.08 annualized dividend and a dividend yield of 2.40%. B2Gold’s payout ratio is -17.02%.

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.