Coeur Mining Stock Gets Reduced EPS Forecast from Scotiabank

by · The Cerbat Gem

Coeur Mining, Inc. (NYSE:CDE – Free Report) – Equities research analysts at Scotiabank reduced their FY2026 EPS estimates for Coeur Mining in a research note issued to investors on Thursday, October 22nd. Scotiabank analyst E. Winmill now anticipates that the basic materials company will post earnings per share of $0.88 for the year, down from their previous estimate of $1.06. Scotiabank has an “Outperform” rating and a $26.50 price target on the stock. The consensus estimate for Coeur Mining’s current full-year earnings is $0.88 per share. Scotiabank also issued estimates for Coeur Mining’s FY2027 earnings at $1.40 EPS.

Coeur Mining (NYSE:CDE – Get Free Report) last posted its earnings results on Wednesday, August 5th. The basic materials company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.14). Coeur Mining had a return on equity of 11.03% and a net margin of 26.82%. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.24 billion. During the same period last year, the firm posted $0.20 EPS. The company’s revenue for the quarter was up 125.8% on a year-over-year basis.

CDE has been the topic of a number of other reports. Weiss Ratings raised Coeur Mining from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Zacks Research upgraded shares of Coeur Mining from a “strong sell” rating to a “hold” rating in a report on Monday, August 17th. Finally, Roth Capital set a $19.00 target price on Coeur Mining in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $25.50.

View Our Latest Report on Coeur Mining

Coeur Mining Stock Performance

CDE opened at $13.89 on Friday. Coeur Mining has a 12-month low of $13.55 and a 12-month high of $27.77. The company has a market cap of $14.28 billion, a price-to-earnings ratio of 11.87 and a beta of 1.37. The company has a current ratio of 3.65, a quick ratio of 2.44 and a debt-to-equity ratio of 0.07. The company’s 50 day moving average is $18.89 and its 200 day moving average is $17.97.

Insider Buying and Selling at Coeur Mining

In other news, EVP Casey M. Nault sold 10,000 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $21.06, for a total transaction of $210,600.00. Following the transaction, the executive vice president owned 530,086 shares of the company’s stock, valued at $11,163,611.16. This represents a 1.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director J. Kenneth Thompson sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $20.77, for a total value of $519,250.00. Following the completion of the sale, the director owned 257,333 shares of the company’s stock, valued at approximately $5,344,806.41. This represents a 8.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 51,000 shares of company stock valued at $1,055,070. 0.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Inspire Investing LLC grew its stake in Coeur Mining by 138.1% in the third quarter. Inspire Investing LLC now owns 60,957 shares of the basic materials company’s stock valued at $1,073,000 after acquiring an additional 35,352 shares during the period. MBL Wealth LLC bought a new position in shares of Coeur Mining in the 3rd quarter worth $302,000. U S Global Investors Inc. grew its position in Coeur Mining by 70.2% in the 3rd quarter. U S Global Investors Inc. now owns 747,595 shares of the basic materials company’s stock valued at $13,158,000 after purchasing an additional 308,292 shares during the period. Root Financial Partners LLC acquired a new stake in Coeur Mining in the 3rd quarter valued at $45,000. Finally, Vest Financial LLC acquired a new stake in Coeur Mining in the 3rd quarter valued at $1,674,000. 63.01% of the stock is owned by institutional investors and hedge funds.

Coeur Mining Company Profile

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Coeur Mining, Inc is a precious metals mining company headquartered in Chicago, Illinois. The company explores for, develops, and operates mines that produce gold and silver, with its activities focused primarily in North America.

Coeur’s operating portfolio includes the Rochester gold and silver mine in Nevada, the Wharf gold mine in South Dakota, the Kensington gold mine in Alaska, and the Las Chispas silver and gold operation in Sonora, Mexico. The company also maintains exploration and development interests in additional mineral properties.

Founded in 1928, Coeur Mining has grown through the development and acquisition of precious metals assets.

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