OceanaGold Co. (TSE:OGC) Forecasted to Post FY2026 Earnings of $0.51 Per Share

OceanaGold Co. (TSE:OGC) – Investment analysts at National Bank Financial issued their FY2026 EPS estimates for shares of OceanaGold in a research note issued on Wednesday, May 1st. National Bank Financial analyst M. Parkin expects that the company will earn $0.51 per share for the year. National Bank Financial currently has a “Outperform Overweight” rating on the stock. The consensus estimate for OceanaGold’s current full-year earnings is $0.30 per share.

OceanaGold (TSE:OGC) last released its quarterly earnings data on Wednesday, February 21st. The company reported C$0.01 EPS for the quarter, missing analysts’ consensus estimates of C$0.02 by C($0.01). The business had revenue of C$363.94 million during the quarter. OceanaGold had a net margin of 8.10% and a return on equity of 4.88%.

A number of other brokerages also recently issued reports on OGC. BMO Capital Markets cut their price objective on OceanaGold from C$4.25 to C$3.75 in a research report on Thursday, February 22nd. Raymond James boosted their price target on shares of OceanaGold from C$4.50 to C$5.00 in a research note on Tuesday, April 23rd. Cormark lowered their price objective on shares of OceanaGold from C$3.25 to C$3.00 in a research report on Monday, February 26th. Jefferies Financial Group boosted their target price on OceanaGold from C$3.50 to C$4.00 and gave the company a “buy” rating in a research report on Monday, April 22nd. Finally, Desjardins raised their price target on OceanaGold from C$3.50 to C$4.00 and gave the stock a “buy” rating in a research report on Tuesday, January 30th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$4.17.

OceanaGold Price Performance

TSE:OGC opened at C$2.95 on Friday. The stock has a market capitalization of C$2.09 billion, a P/E ratio of 18.44 and a beta of 1.50. OceanaGold has a 52 week low of C$2.08 and a 52 week high of C$3.50. The company has a fifty day simple moving average of C$2.92.

OceanaGold Announces Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Friday, April 26th. Shareholders of record on Thursday, March 7th were paid a $0.013 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. OceanaGold’s dividend payout ratio (DPR) is 18.75%.

Insider Transactions at OceanaGold

In related news, Director Paul Benson purchased 44,400 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were bought at an average price of C$2.25 per share, for a total transaction of C$99,678.00. Corporate insiders own 0.14% of the company’s stock.

OceanaGold Company Profile

OceanaGold Corporation, a gold and copper producer, engages in exploration, development, and operation of mineral properties in the United States, the Philippines, and New Zealand. It explores for gold, copper, and silver deposits. OceanaGold Corporation was founded in 2003 and is based in Vancouver, Canada.