Kinross Gold Co. (NYSE:KGC – Free Report) (TSE:K) – Equities research analysts at National Bank Financial issued their FY2026 earnings per share (EPS) estimates for shares of Kinross Gold in a note issued to investors on Tuesday, April 22nd. National Bank Financial analyst S. Nagle anticipates that the mining company will post earnings per share of $1.37 for the year. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share.
A number of other brokerages also recently weighed in on KGC. BMO Capital Markets began coverage on shares of Kinross Gold in a research note on Wednesday, April 16th. They set an “outperform” rating for the company. CIBC boosted their price objective on Kinross Gold from $13.00 to $14.00 and gave the company an “outperform” rating in a research note on Thursday, February 13th. Scotiabank reaffirmed an “outperform” rating on shares of Kinross Gold in a research note on Monday, April 14th. Raymond James lifted their target price on Kinross Gold from $12.00 to $15.00 and gave the stock a “market perform” rating in a report on Friday, April 4th. Finally, National Bankshares restated an “outperform” rating on shares of Kinross Gold in a report on Wednesday. Two analysts have rated the stock with a hold rating, four have given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $13.30.
Kinross Gold Stock Down 1.2 %
Shares of NYSE KGC opened at $14.49 on Friday. The company’s 50 day moving average price is $12.43 and its 200-day moving average price is $11.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.83 and a current ratio of 2.01. Kinross Gold has a 52-week low of $6.42 and a 52-week high of $15.46. The company has a market capitalization of $17.83 billion, a P/E ratio of 18.82, a price-to-earnings-growth ratio of 0.68 and a beta of 1.12.
Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last issued its quarterly earnings data on Wednesday, February 12th. The mining company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.03). Kinross Gold had a return on equity of 12.65% and a net margin of 18.43%.
Kinross Gold Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th were paid a dividend of $0.03 per share. The ex-dividend date was Wednesday, March 5th. This represents a $0.12 dividend on an annualized basis and a yield of 0.83%. Kinross Gold’s dividend payout ratio (DPR) is currently 15.58%.
Institutional Trading of Kinross Gold
Institutional investors and hedge funds have recently modified their holdings of the stock. MML Investors Services LLC bought a new position in Kinross Gold during the 3rd quarter valued at $201,000. Te Ahumairangi Investment Management Ltd lifted its position in shares of Kinross Gold by 6.4% during the third quarter. Te Ahumairangi Investment Management Ltd now owns 298,800 shares of the mining company’s stock valued at $2,786,000 after purchasing an additional 18,000 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Kinross Gold during the third quarter worth about $248,000. Tidal Investments LLC grew its position in Kinross Gold by 354.9% in the 3rd quarter. Tidal Investments LLC now owns 48,068 shares of the mining company’s stock worth $450,000 after purchasing an additional 37,502 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in Kinross Gold by 0.6% in the 3rd quarter. Franklin Resources Inc. now owns 1,080,957 shares of the mining company’s stock valued at $10,804,000 after buying an additional 6,634 shares during the last quarter. 63.69% of the stock is owned by hedge funds and other institutional investors.
About Kinross Gold
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.
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