Kinross Gold Corporation (NYSE:KGC) Stock Has Average Price Target of $38.89 According to Brokerages

Posted by Brenda Bartman on Oct 20th, 2026

Shares of Kinross Gold Corporation (NYSE:KGC – Get Free Report) (TSE:K) have earned a consensus rating of “Moderate Buy” from the sixteen ratings firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $37.11.

Several research firms recently commented on KGC. ATB Cormark Capital Markets upgraded shares of Kinross Gold from a “hold” rating to a “moderate buy” rating in a research note on Friday, July 31st. UBS Group lowered their price target on shares of Kinross Gold from $30.00 to $28.00 and set a “buy” rating on the stock in a research report on Thursday, October 8th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and issued a $34.00 price objective on shares of Kinross Gold in a research note on Friday. Zacks Research upgraded shares of Kinross Gold from a “strong sell” rating to a “hold” rating in a research note on Monday, September 7th. Finally, Canaccord Genuity Group cut their price objective on shares of Kinross Gold from $52.00 to $47.00 and set a “buy” rating for the company in a report on Thursday, September 24th.

Get Our Latest Report on KGC

Kinross Gold Stock Performance

Shares of NYSE KGC opened at $23.64 on Thursday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.89 and a quick ratio of 1.95. The stock’s fifty day moving average price is $27.51 and its two-hundred day moving average price is $27.63. Kinross Gold has a one year low of $21.90 and a one year high of $39.11. The firm has a market cap of $28.00 billion, a price-to-earnings ratio of 8.95, a P/E/G ratio of 0.79 and a beta of 0.82.

Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last posted its quarterly earnings data on Wednesday, July 29th. The mining company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.05. Kinross Gold had a return on equity of 34.00% and a net margin of 37.52%. The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter last year, the business earned $0.44 EPS. The company’s quarterly revenue was up 29.5% compared to the same quarter last year. On average, equities analysts forecast that Kinross Gold will post 2.43 EPS for the current year.

Kinross Gold Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th were issued a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $0.16 annualized dividend and a dividend yield of 0.7%. Kinross Gold’s dividend payout ratio (DPR) is currently 6.06%.

Institutional Investors Weigh In On Kinross Gold

Institutional investors have recently made changes to their positions in the stock. Man Group plc bought a new position in shares of Kinross Gold in the second quarter worth about $298,152,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Kinross Gold in the 2nd quarter valued at approximately $264,652,000. Legal & General Group Plc bought a new position in Kinross Gold in the 2nd quarter valued at approximately $244,762,000. The Manufacturers Life Insurance Company acquired a new stake in Kinross Gold in the second quarter valued at approximately $222,974,000. Finally, Deutsche Bank AG acquired a new stake in Kinross Gold in the second quarter valued at approximately $217,800,000. 63.69% of the stock is currently owned by institutional investors.

Kinross Gold Company Profile

(Get Free Report)

Kinross Gold Corporation is a Canadian gold mining company headquartered in Toronto, Ontario. Founded in 1993, the company explores for, develops and operates gold mines, with silver produced as a byproduct at some operations.

Kinross’s producing assets have included mines in the United States, Brazil, Chile and Mauritania. Its operations have included Fort Knox in Alaska, Round Mountain and Bald Mountain in Nevada, Paracatu in Brazil, La Coipa in Chile and Tasiast in Mauritania. The company also pursues exploration and development projects intended to support future production.

Kinross sells the gold it produces to customers in international bullion markets and manages activities spanning mine development, extraction, processing and reclamation.