Q4 2017 EPS Estimates for Goldcorp Inc. Increased by Cormark (G)

Goldcorp Inc. (TSE:G) (NYSE:GG) – Investment analysts at Cormark upped their Q4 2017 EPS estimates for shares of Goldcorp in a note issued to investors on Monday. Cormark analyst R. Gray now expects that the company will post earnings of $0.21 per share for the quarter, up from their previous estimate of $0.17. Cormark also issued estimates for Goldcorp’s Q1 2018 earnings at $0.25 EPS, Q2 2018 earnings at $0.25 EPS, Q3 2018 earnings at $0.25 EPS, Q4 2018 earnings at $0.25 EPS, FY2018 earnings at $1.00 EPS, Q1 2019 earnings at $0.26 EPS, Q2 2019 earnings at $0.26 EPS, Q3 2019 earnings at $0.26 EPS, Q4 2019 earnings at $0.26 EPS and FY2019 earnings at $1.03 EPS.

G has been the subject of several other reports. National Bank Financial raised Goldcorp from a “sector perform” rating to an “outperform” rating and set a C$24.00 target price for the company in a report on Thursday, October 26th. Canaccord Genuity boosted their target price on Goldcorp from C$21.00 to C$21.50 in a report on Thursday, October 26th. Eight Capital reissued a “buy” rating on shares of Goldcorp in a report on Thursday, November 16th. JPMorgan Chase & Co. boosted their target price on Goldcorp from C$21.00 to C$23.60 in a report on Wednesday, November 15th. Finally, Desjardins reaffirmed a “hold” rating on shares of Goldcorp in a research note on Monday, December 11th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of C$22.35.

Shares of Goldcorp (TSE G) opened at C$16.86 on Tuesday. Goldcorp has a fifty-two week low of C$15.00 and a fifty-two week high of C$23.35. The firm has a market capitalization of $14,620.00, a PE ratio of 22.48 and a beta of -0.53.

In other Goldcorp news, Director De La Vega Blanca Treviño bought 7,150 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was acquired at an average cost of C$13.45 per share, with a total value of C$96,167.50. Also, insider Russell David Ball sold 2,000 shares of the stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of C$16.82, for a total value of C$33,640.00. Over the last ninety days, insiders have sold 6,589 shares of company stock valued at $106,887.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Shareholders of record on Friday, December 22nd were paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 0.47%. The ex-dividend date was Wednesday, December 13th. Goldcorp’s dividend payout ratio is presently 10.67%.

ILLEGAL ACTIVITY NOTICE: “Q4 2017 EPS Estimates for Goldcorp Inc. Increased by Cormark (G)” was originally reported by Community Financial News and is owned by of Community Financial News. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.com-unik.info/2018/01/10/q4-2017-eps-estimates-for-goldcorp-inc-increased-by-cormark-g.html.

About Goldcorp

Goldcorp Inc is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company’s segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito SA de C.V.

Earnings History and Estimates for Goldcorp (TSE:G)

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

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit