Eldorado Gold FY2026 EPS Estimate Decreased by Scotiabank

Eldorado Gold Co. (TSE:ELD) (NYSE:EGO) – Equities researchers at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for shares of Eldorado Gold in a research note issued to investors on Thursday, April 23rd. Scotiabank analyst T. Jakusconek now anticipates that the company will earn $4.03 per share for the year, down from their prior forecast of $5.30. Scotiabank currently has a “Strong-Buy” rating on the stock. The consensus estimate for Eldorado Gold’s current full-year earnings is $2.15 per share.

Several other research firms have also issued reports on ELD. Bank of America boosted their target price on Eldorado Gold from C$46.25 to C$52.00 in a research report on Thursday, February 26th. Canadian Imperial Bank of Commerce lowered shares of Eldorado Gold from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. Stifel Nicolaus boosted their price objective on shares of Eldorado Gold from C$48.00 to C$65.00 in a report on Tuesday, February 10th. ATB Cormark Capital Markets lowered their target price on shares of Eldorado Gold from C$100.00 to C$89.00 and set an “outperform” rating for the company in a research note on Tuesday, February 3rd. Finally, BMO Capital Markets set a C$82.00 target price on shares of Eldorado Gold and gave the stock an “outperform” rating in a report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Eldorado Gold has a consensus rating of “Moderate Buy” and an average target price of C$63.50.

Eldorado Gold Trading Down 0.8%

TSE:ELD opened at C$43.45 on Tuesday. The company has a current ratio of 1.83, a quick ratio of 2.28 and a debt-to-equity ratio of 30.34. Eldorado Gold has a 1-year low of C$23.99 and a 1-year high of C$69.46. The firm has a market capitalization of C$11.44 billion, a price-to-earnings ratio of 17.59, a PEG ratio of 56.20 and a beta of 1.67. The business’s 50-day moving average price is C$51.60 and its two-hundred day moving average price is C$49.01.

Eldorado Gold (TSE:ELD) (NYSE:EGO) last posted its quarterly earnings results on Thursday, February 19th. The company reported C$0.86 earnings per share (EPS) for the quarter. The business had revenue of C$767.52 million for the quarter. Eldorado Gold had a return on equity of 12.40% and a net margin of 28.00%.

Insiders Place Their Bets

In related news, insider Christine Tamiko Ohta sold 5,492 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of C$51.22, for a total value of C$281,300.24. Following the completion of the transaction, the insider owned 8,427 shares of the company’s stock, valued at approximately C$431,630.94. This trade represents a 39.46% decrease in their ownership of the stock. Also, insider Christian Milau purchased 3,500 shares of the stock in a transaction on Tuesday, February 24th. The stock was acquired at an average price of C$58.59 per share, for a total transaction of C$205,065.00. Following the completion of the purchase, the insider directly owned 14,994 shares in the company, valued at approximately C$878,498.46. The trade was a 30.45% increase in their position. Insiders own 0.58% of the company’s stock.

Eldorado Gold Company Profile

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.