Coeur Mining, Inc. Forecasted to Post FY2026 Earnings of $0.28 Per Share (NYSE:CDE)

Coeur Mining, Inc. (NYSE:CDE) – Equities research analysts at National Bank Financial issued their FY2026 earnings estimates for shares of Coeur Mining in a report issued on Monday, September 23rd. National Bank Financial analyst M. Parkin anticipates that the basic materials company will post earnings per share of $0.28 for the year. The consensus estimate for Coeur Mining’s current full-year earnings is $0.08 per share.

CDE has been the subject of a number of other research reports. Raymond James lifted their price objective on shares of Coeur Mining from $6.25 to $7.00 and gave the company a “market perform” rating in a report on Friday, September 20th. BMO Capital Markets boosted their price target on shares of Coeur Mining from $7.50 to $8.00 and gave the stock an “outperform” rating in a research note on Monday. Cantor Fitzgerald cut Coeur Mining from an “overweight” rating to a “neutral” rating in a research note on Thursday, August 8th. Finally, Roth Mkm reissued a “buy” rating and set a $8.00 target price (up from $7.25) on shares of Coeur Mining in a research note on Friday, August 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Coeur Mining currently has a consensus rating of “Hold” and an average target price of $7.67.

Coeur Mining Price Performance

Shares of NYSE:CDE opened at $7.48 on Wednesday. Coeur Mining has a 1 year low of $2.00 and a 1 year high of $7.63. The company has a current ratio of 1.20, a quick ratio of 0.45 and a debt-to-equity ratio of 0.59. The firm’s 50-day moving average is $6.14 and its two-hundred day moving average is $5.41.

Coeur Mining (NYSE:CDE) last posted its quarterly earnings data on Wednesday, August 7th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.01. Coeur Mining had a negative return on equity of 4.59% and a negative net margin of 8.33%. The firm had revenue of $222.03 million for the quarter, compared to the consensus estimate of $242.18 million. During the same quarter in the previous year, the business earned ($0.06) EPS. The company’s quarterly revenue was up 25.3% compared to the same quarter last year.

Institutional Investors Weigh In On Coeur Mining

Several institutional investors have recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Coeur Mining in the second quarter valued at $49,000. SPC Financial Inc. purchased a new position in shares of Coeur Mining in the 2nd quarter valued at about $65,000. The Manufacturers Life Insurance Company raised its position in shares of Coeur Mining by 29.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 226,406 shares of the basic materials company’s stock worth $1,272,000 after acquiring an additional 51,474 shares in the last quarter. Millennium Management LLC lifted its stake in Coeur Mining by 2.6% during the second quarter. Millennium Management LLC now owns 2,833,850 shares of the basic materials company’s stock worth $15,926,000 after purchasing an additional 72,423 shares during the last quarter. Finally, Dark Forest Capital Management LP boosted its holdings in Coeur Mining by 31.1% in the second quarter. Dark Forest Capital Management LP now owns 49,091 shares of the basic materials company’s stock valued at $276,000 after purchasing an additional 11,651 shares in the last quarter. 63.01% of the stock is owned by hedge funds and other institutional investors.

About Coeur Mining

Coeur Mining, Inc explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc in May 2013.