Barrick Gold Corp (NYSE:GOLD – Free Report) (TSE:ABX) – Stock analysts at Raymond James raised their Q4 2025 earnings per share (EPS) estimates for Barrick Gold in a report issued on Wednesday, February 12th. Raymond James analyst B. Macarthur now anticipates that the gold and copper producer will post earnings of $0.38 per share for the quarter, up from their prior forecast of $0.36. Raymond James currently has a “Outperform” rating and a $24.00 price objective on the stock. The consensus estimate for Barrick Gold’s current full-year earnings is $1.23 per share.
Other equities research analysts also recently issued reports about the stock. Berenberg Bank raised their target price on shares of Barrick Gold from $37.00 to $38.00 in a research note on Tuesday, November 26th. Bank of America downgraded shares of Barrick Gold from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $21.00 to $18.00 in a research report on Monday, January 27th. Scotiabank downgraded shares of Barrick Gold from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from $23.00 to $19.00 in a research report on Thursday, January 30th. Citigroup cut their price objective on shares of Barrick Gold from $23.00 to $17.00 and set a “neutral” rating for the company in a research report on Friday, December 20th. Finally, CIBC downgraded shares of Barrick Gold from a “sector outperform” rating to a “neutral” rating in a research report on Monday, November 25th. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, Barrick Gold presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.67.
View Our Latest Analysis on GOLD
Barrick Gold Price Performance
GOLD stock opened at $17.96 on Monday. The stock has a market cap of $31.01 billion, a PE ratio of 19.31, a price-to-earnings-growth ratio of 0.39 and a beta of 0.55. The stock has a 50-day moving average price of $16.25 and a two-hundred day moving average price of $18.17. The company has a current ratio of 2.65, a quick ratio of 2.06 and a debt-to-equity ratio of 0.14. Barrick Gold has a 1 year low of $14.25 and a 1 year high of $21.35.
Barrick Gold (NYSE:GOLD – Get Free Report) (TSE:ABX) last released its quarterly earnings results on Wednesday, February 12th. The gold and copper producer reported $0.46 EPS for the quarter, hitting analysts’ consensus estimates of $0.46. Barrick Gold had a return on equity of 5.82% and a net margin of 13.19%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the business. CWM LLC lifted its holdings in shares of Barrick Gold by 6.9% during the 3rd quarter. CWM LLC now owns 15,826 shares of the gold and copper producer’s stock worth $315,000 after acquiring an additional 1,021 shares during the last quarter. Exchange Traded Concepts LLC increased its position in shares of Barrick Gold by 198.1% in the third quarter. Exchange Traded Concepts LLC now owns 1,407 shares of the gold and copper producer’s stock valued at $28,000 after acquiring an additional 935 shares during the period. Creative Planning increased its position in shares of Barrick Gold by 6.4% in the third quarter. Creative Planning now owns 115,395 shares of the gold and copper producer’s stock valued at $2,295,000 after acquiring an additional 6,902 shares during the period. AlphaMark Advisors LLC purchased a new position in shares of Barrick Gold in the third quarter valued at about $60,000. Finally, Blue Trust Inc. increased its position in shares of Barrick Gold by 24.9% in the third quarter. Blue Trust Inc. now owns 39,097 shares of the gold and copper producer’s stock valued at $778,000 after acquiring an additional 7,792 shares during the period. 62.85% of the stock is owned by institutional investors.
Barrick Gold announced that its Board of Directors has authorized a share repurchase plan on Wednesday, February 12th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the gold and copper producer to reacquire up to 3.2% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s management believes its stock is undervalued.
Barrick Gold Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 2.23%. The ex-dividend date is Friday, February 28th. Barrick Gold’s dividend payout ratio (DPR) is presently 43.01%.
Barrick Gold Company Profile
Barrick Gold Corporation is a sector-leading gold and copper producer. Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.
In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.
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