Goldcorp Inc. (NYSE:GG) – Investment analysts at Raymond James cut their FY2015 earnings per share estimates for shares of Goldcorp in a research note issued on Monday, Zacks Investment Research reports. Raymond James analyst P. Russo now expects that the firm will post earnings of $0.04 per share for the year, down from their previous forecast of $0.10. The consensus estimate for Goldcorp’s FY2015 earnings is $0.19 per share. Raymond James also issued estimates for Goldcorp’s Q4 2015 earnings at ($0.01) EPS, Q1 2016 earnings at $0.05 EPS, Q2 2016 earnings at $0.05 EPS, Q3 2016 earnings at $0.05 EPS and Q4 2016 earnings at $0.05 EPS.

A number of other research firms also recently commented on GG. Canaccord Genuity reiterated a “buy” rating and issued a $29.00 price objective on shares of Goldcorp in a report on Saturday, October 24th. Barclays dropped their price objective on Goldcorp from $23.00 to $21.00 and set an “overweight” rating for the company in a report on Tuesday, October 27th. RBC Capital reiterated a “sector perform” rating on shares of Goldcorp in a report on Monday, October 26th. CIBC upped their price objective on Goldcorp to $19.00 in a report on Thursday, October 8th. Finally, BMO Capital Markets dropped their price objective on Goldcorp from $19.00 to $18.00 in a report on Wednesday, October 7th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Goldcorp has a consensus rating of “Buy” and an average price target of $19.79.

Shares of Goldcorp (NYSE:GG) opened at 11.10 on Tuesday. The stock’s 50 day moving average price is $11.34 and its 200 day moving average price is $12.91. The firm’s market capitalization is $9.21 billion. Goldcorp has a one year low of $9.46 and a one year high of $24.63.

A number of hedge funds and institutional investors recently modified their holdings of the stock. Proficio Capital Partners bought a new position in shares of Goldcorp during the fourth quarter valued at approximately $254,000. Creative Planning boosted its stake in Goldcorp by 14.0% in the fourth quarter. Creative Planning now owns 37,988 shares of the company’s stock worth $439,000 after buying an additional 4,672 shares during the last quarter. CIBC World Markets boosted its stake in Goldcorp by 53.1% in the fourth quarter. CIBC World Markets now owns 39,200 shares of the company’s stock worth $453,000 after buying an additional 13,600 shares during the last quarter. Capstone Asset Management Company boosted its stake in Goldcorp by 2.0% in the fourth quarter. Capstone Asset Management Company now owns 112,555 shares of the company’s stock worth $1,301,000 after buying an additional 2,159 shares during the last quarter. Finally, Tipp Hill Capital Management acquired a new stake in Goldcorp during the fourth quarter worth about $3,930,000.

The business also recently declared a monthly dividend, which was paid on Friday, January 22nd. Investors of record on Thursday, January 14th were given a dividend of $0.02 per share. The ex-dividend date of this dividend was Tuesday, January 12th. This represents a $0.24 annualized dividend and a yield of 2.16%.

Goldcorp Inc. (NYSE:GG) is a gold producer engaged in the acquisition, exploration, development and operation of gold properties in Canada, the United States, Mexico and Central and South America. The Company’s principal products are gold and the byproduct silver, copper, lead and zinc. Goldcorp’s operating assets include four mines in Canada and the United States, three mines in Mexico, and three in Central and South America. Goldcorp’s operating assets include four mines in Canada and the United States, three mines in Mexico, and three in Central and South America. Goldcorp also has a pipeline of projec

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