share_log

Q4 2022 Earnings Forecast for Yamana Gold Inc. (NYSE:AUY) Issued By Raymond James

Defense World ·  Feb 3, 2023 01:52

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.

Get Yamana Gold alerts:

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

Shares of NYSE AUY opened at $6.01 on Thursday. The business's 50-day simple moving average is $5.76 and its 200-day simple moving average is $5.05. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.52 and a current ratio of 1.98. Yamana Gold has a 52 week low of $3.88 and a 52 week high of $6.40. The firm has a market cap of $5.78 billion, a price-to-earnings ratio of 23.12, a P/E/G ratio of 3.67 and a beta of 1.19.

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

(Get Rating)

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.

Read More

  • Get a free copy of the StockNews.com research report on Yamana Gold (AUY)
  • Cathie Woods' Ark Innovation ETF Set To Rebound in 2023?
  • Mullen Automotive Stock Gains Momentum On Positive News
  • Harley-Davidson Inc. Stock, Is It Time To Buy?
  • The Bottom Is In For Meta Platforms, Volatility Is Not Over
  • Analyzing Alaska Air's Recent Earnings

Receive News & Ratings for Yamana Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yamana Gold and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment