Scotiabank Has Bearish Forecast for B2Gold FY2026 Earnings

B2Gold Corp. (TSE:BTO) (NYSE:BTG) – Equities research analysts at Scotiabank reduced their FY2026 earnings per share (EPS) estimates for shares of B2Gold in a report issued on Wednesday, August 19th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $0.51 for the year, down from their prior forecast of $0.62. Scotiabank currently has a “Strong-Buy” rating on the stock. The consensus estimate for B2Gold’s current full-year earnings is $0.56 per share.

B2Gold (TSE:BTO) (NYSE:BTG) last issued its quarterly earnings results on Thursday, August 6th. The company reported C$0.04 earnings per share for the quarter. The company had revenue of C$1.12 billion for the quarter. B2Gold had a return on equity of 21.87% and a net margin of 21.20%.

A number of other analysts also recently weighed in on the stock. Scotia raised shares of B2Gold from a “sector perform” rating to a “sector outperform” rating and set a C$10.00 target price on the stock in a research report on Monday, August 10th. Canadian Imperial Bank of Commerce raised shares of B2Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. TD upgraded shares of B2Gold from a “hold” rating to a “buy” rating and upped their price objective for the stock from C$6.00 to C$8.50 in a report on Monday, August 10th. ATB Cormark Capital Markets raised shares of B2Gold from a “hold” rating to a “moderate buy” rating and raised their target price for the company from C$6.50 to C$11.00 in a research note on Monday, August 10th. Finally, TD Securities upgraded shares of B2Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Three equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$9.33.

B2Gold Stock Performance

Shares of B2Gold stock opened at C$7.93 on Monday. B2Gold has a 12 month low of C$5.02 and a 12 month high of C$8.60. The firm has a market capitalization of C$10.57 billion, a P/E ratio of 14.16, a P/E/G ratio of -0.27 and a beta of 1.74. The company has a current ratio of 1.58, a quick ratio of 3.33 and a debt-to-equity ratio of 11.48. The business has a fifty day simple moving average of C$5.96 and a two-hundred day simple moving average of C$6.44.

Insider Transactions at B2Gold

In related news, insider Ninette Krohnert sold 4,700 shares of the company’s stock in a transaction dated Friday, July 3rd. The shares were sold at an average price of C$5.88, for a total value of C$27,636.00. Following the transaction, the insider owned 62,557 shares in the company, valued at C$367,835.16. The trade was a 6.99% decrease in their position. Also, Director Jerry Korpan sold 200,000 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of C$7.06, for a total transaction of C$1,412,000.00. Following the sale, the director directly owned 2,280,000 shares in the company, valued at C$16,096,800. This trade represents a 8.06% decrease in their ownership of the stock. In the last 90 days, insiders sold 536,585 shares of company stock valued at $3,652,521. 0.66% of the stock is currently owned by corporate insiders.

B2Gold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Tuesday, June 23rd were paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, June 10th. B2Gold’s dividend payout ratio is currently 14.29%.

About B2Gold

B2Gold is a responsible international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.