Yamana Gold Inc. (NYSE:AUY – Get Rating) (TSE:YRI) – Analysts at Raymond James boosted their Q4 2022 earnings estimates for Yamana Gold in a research report issued to clients and investors on Monday, January 30th. Raymond James analyst F. Hamed now expects that the basic materials company will earn $0.06 per share for the quarter, up from their previous forecast of $0.05. Raymond James has a "Outperform" rating and a $5.50 price objective on the stock. The consensus estimate for Yamana Gold's current full-year earnings is $0.26 per share. Raymond James also issued estimates for Yamana Gold's Q1 2023 earnings at $0.09 EPS, Q2 2023 earnings at $0.08 EPS, Q3 2023 earnings at $0.08 EPS, Q4 2023 earnings at $0.07 EPS and FY2023 earnings at $0.33 EPS.

A number of other brokerages have also recently issued reports on AUY. TD Securities decreased their target price on Yamana Gold from $7.00 to $6.00 in a research report on Monday, October 31st. National Bank Financial upped their price objective on shares of Yamana Gold from C$7.10 to C$8.05 in a report on Friday, January 13th. Finally, StockNews.com initiated coverage on shares of Yamana Gold in a report on Wednesday, October 12th. They issued a "hold" rating on the stock. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Yamana Gold presently has a consensus rating of "Moderate Buy" and an average target price of $68.20.

Yamana Gold Stock Performance

Yamana Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 13th. Shareholders of record on Friday, December 30th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend was Thursday, December 29th. Yamana Gold's dividend payout ratio (DPR) is presently 46.16%.

Institutional Investors Weigh In On Yamana Gold

A number of institutional investors have recently added to or reduced their stakes in AUY. Wipfli Financial Advisors LLC acquired a new stake in Yamana Gold during the third quarter worth $34,000. Connectus Wealth LLC acquired a new stake in shares of Yamana Gold during the 2nd quarter valued at about $47,000. Raymond James Financial Services Advisors Inc. bought a new stake in Yamana Gold in the third quarter valued at about $46,000. Exchange Traded Concepts LLC acquired a new position in Yamana Gold in the third quarter worth about $52,000. Finally, Atria Wealth Solutions Inc. bought a new position in Yamana Gold during the first quarter worth about $70,000. 58.93% of the stock is owned by institutional investors and hedge funds.

Yamana Gold Company Profile

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Yamana Gold, Inc engages in the production of gold, silver and copper. It operates through the following segments: El Peñón, Canadian Malartic, Jacobina, Minera Florida, Cerro Moro, Other Mines, and Corporate and Other. The company was founded by Peter Marrone on March 17, 1994 and is headquartered in Toronto, Canada.

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