Newmont FY2025 EPS Lifted by Raymond James Financial

Newmont Corporation (NYSE:NEM) – Analysts at Raymond James Financial lifted their FY2025 EPS estimates for Newmont in a research note issued to investors on Wednesday, August 20th. Raymond James Financial analyst B. Macarthur now anticipates that the basic materials company will post earnings per share of $5.11 for the year, up from their previous forecast of $4.82. Raymond James Financial currently has a “Outperform” rating and a $69.00 price target on the stock. The consensus estimate for Newmont’s current full-year earnings is $3.45 per share. Raymond James Financial also issued estimates for Newmont’s Q1 2026 earnings at $1.25 EPS, Q2 2026 earnings at $1.30 EPS and Q4 2026 earnings at $1.36 EPS.

Other equities research analysts also recently issued research reports about the stock. CIBC set a $74.00 price objective on shares of Newmont and gave the company a “neutral” rating in a research report on Tuesday, July 15th. Stifel Nicolaus began coverage on shares of Newmont in a research report on Wednesday, July 9th. They set a “buy” rating and a $73.00 price objective for the company. The Goldman Sachs Group reissued a “neutral” rating and set a $60.90 price objective on shares of Newmont in a research report on Tuesday, July 8th. Wall Street Zen raised shares of Newmont from a “hold” rating to a “buy” rating in a research report on Friday, May 30th. Finally, National Bankshares raised shares of Newmont from a “sector perform” rating to an “outperform” rating in a research report on Friday, July 25th. Four equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Newmont has a consensus rating of “Moderate Buy” and an average price target of $64.58.

Newmont Trading Up 2.0%

NYSE:NEM opened at $72.49 on Monday. The company has a current ratio of 2.23, a quick ratio of 1.91 and a debt-to-equity ratio of 0.23. Newmont has a 12 month low of $36.86 and a 12 month high of $72.79. The company has a market cap of $79.63 billion, a PE ratio of 13.01, a price-to-earnings-growth ratio of 0.84 and a beta of 0.30. The company has a 50 day simple moving average of $63.00 and a two-hundred day simple moving average of $54.46.

Newmont (NYSE:NEM) last posted its earnings results on Thursday, July 24th. The basic materials company reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.48. Newmont had a net margin of 30.50% and a return on equity of 17.86%. The business had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $4.70 billion. During the same quarter in the previous year, the firm posted $0.72 EPS. The firm’s revenue was up 20.8% on a year-over-year basis.

Newmont Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Thursday, September 4th will be paid a $0.25 dividend. The ex-dividend date is Thursday, September 4th. This represents a $1.00 annualized dividend and a yield of 1.4%. Newmont’s payout ratio is presently 17.95%.

Insiders Place Their Bets

In other Newmont news, CAO Brian Tabolt sold 7,015 shares of the business’s stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $68.02, for a total value of $477,160.30. Following the sale, the chief accounting officer owned 32,615 shares in the company, valued at $2,218,472.30. The trade was a 17.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Bruce R. Brook sold 2,077 shares of the business’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $63.66, for a total transaction of $132,221.82. Following the completion of the sale, the director owned 41,026 shares in the company, valued at approximately $2,611,715.16. The trade was a 4.82% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,246 shares of company stock worth $1,373,251 in the last 90 days. 0.05% of the stock is currently owned by corporate insiders.

Institutional Trading of Newmont

Several hedge funds have recently bought and sold shares of NEM. Hemington Wealth Management increased its position in shares of Newmont by 17.6% during the second quarter. Hemington Wealth Management now owns 1,135 shares of the basic materials company’s stock worth $66,000 after acquiring an additional 170 shares during the period. IVC Wealth Advisors LLC increased its position in shares of Newmont by 1.3% during the second quarter. IVC Wealth Advisors LLC now owns 13,947 shares of the basic materials company’s stock worth $813,000 after acquiring an additional 173 shares during the period. L2 Asset Management LLC increased its position in shares of Newmont by 3.6% during the second quarter. L2 Asset Management LLC now owns 4,987 shares of the basic materials company’s stock worth $291,000 after acquiring an additional 174 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Newmont by 11.9% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,737 shares of the basic materials company’s stock worth $101,000 after acquiring an additional 185 shares during the period. Finally, Aaron Wealth Advisors LLC increased its position in shares of Newmont by 4.4% during the second quarter. Aaron Wealth Advisors LLC now owns 4,460 shares of the basic materials company’s stock worth $260,000 after acquiring an additional 190 shares during the period. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Newmont Company Profile

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.