Raymond James Brokers Lower Earnings Estimates for Newmont

Newmont Co. (TSE:NGT) – Raymond James decreased their Q2 2025 earnings per share estimates for Newmont in a report released on Tuesday, November 19th. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $1.15 per share for the quarter, down from their prior forecast of $1.20. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Raymond James also issued estimates for Newmont’s Q3 2025 earnings at $1.15 EPS and FY2025 earnings at $4.71 EPS.

A number of other brokerages also recently commented on NGT. Cibc World Mkts downgraded Newmont from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 28th. Scotiabank downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 25th. Argus raised shares of Newmont from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 29th. Finally, UBS Group downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Newmont currently has an average rating of “Moderate Buy” and a consensus target price of C$68.00.

Newmont Stock Up 0.2 %

NGT stock opened at C$60.60 on Friday. Newmont has a twelve month low of C$39.96 and a twelve month high of C$81.16. The company has a quick ratio of 1.77, a current ratio of 2.11 and a debt-to-equity ratio of 31.20. The company has a market cap of C$69.69 billion, a PE ratio of -15.99, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51. The business’s 50-day simple moving average is C$69.34 and its 200 day simple moving average is C$65.02.

Newmont (TSE:NGT) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported C$1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of C$1.07 by C$0.04. The company had revenue of C$6.28 billion for the quarter, compared to the consensus estimate of C$5.79 billion. Newmont had a negative net margin of 13.29% and a negative return on equity of 8.09%.

Newmont Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Wednesday, November 27th will be paid a $0.338 dividend. This represents a $1.35 annualized dividend and a yield of 2.23%. The ex-dividend date of this dividend is Wednesday, November 27th. Newmont’s dividend payout ratio is -35.62%.

About Newmont

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.