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Raymond James Research Analysts Lift Earnings Estimates for Yamana Gold Inc. (TSE:YRI)

Defense World ·  Feb 3, 2023 01:21

Yamana Gold Inc. (TSE:YRI – Get Rating) (NYSE:AUY) – Investment analysts at Raymond James raised their FY2022 earnings per share (EPS) estimates for shares of Yamana Gold in a report issued on Monday, January 30th. Raymond James analyst F. Hamed now expects that the company will post earnings of $0.39 per share for the year, up from their prior forecast of $0.38. The consensus estimate for Yamana Gold's current full-year earnings is $0.22 per share. Raymond James also issued estimates for Yamana Gold's Q4 2022 earnings at $0.08 EPS, Q1 2023 earnings at $0.12 EPS, Q2 2023 earnings at $0.11 EPS, Q3 2023 earnings at $0.11 EPS and Q4 2023 earnings at $0.09 EPS.

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YRI has been the topic of a number of other reports. Canaccord Genuity Group dropped their price target on Yamana Gold from C$9.25 to C$8.75 in a research note on Thursday, October 20th. Cormark upped their price target on Yamana Gold from C$6.65 to C$6.80 in a research note on Monday, November 7th. National Bankshares upped their price target on Yamana Gold from C$7.10 to C$8.05 and gave the stock a "tender" rating in a research note on Friday, January 13th. Finally, Eight Capital dropped their price target on Yamana Gold from C$10.00 to C$9.00 in a research note on Wednesday, October 26th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$69.05.

Yamana Gold Stock Down 1.8 %

Shares of TSE:YRI opened at C$8.01 on Thursday. The company has a market capitalization of C$7.70 billion and a price-to-earnings ratio of 21.65. The company has a debt-to-equity ratio of 14.85, a current ratio of 1.98 and a quick ratio of 1.25. The business's 50-day moving average is C$7.77 and its 200-day moving average is C$6.75. Yamana Gold has a 1 year low of C$5.04 and a 1 year high of C$8.38.

Yamana Gold Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 13th. Shareholders of record on Friday, December 30th were issued a dividend of $0.041 per share. This represents a $0.16 dividend on an annualized basis and a yield of 2.05%. This is an increase from Yamana Gold's previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Thursday, December 29th. Yamana Gold's payout ratio is currently 32.43%.

Yamana Gold Company Profile

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Yamana Gold Inc, together with its subsidiaries, operates as a precious metal producer. It has gold and silver production, development-stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company was formerly known as Yamana Resources Inc and changed its name to Yamana Gold Inc in August 2003.

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