Kinross Gold Co. (NYSE:KGC – Free Report) (TSE:K) – Stock analysts at Stifel Canada issued their FY2025 earnings per share estimates for shares of Kinross Gold in a research note issued on Wednesday, March 19th. Stifel Canada analyst R. Profiti forecasts that the mining company will post earnings of $0.80 per share for the year. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share. Stifel Canada also issued estimates for Kinross Gold’s FY2026 earnings at $0.70 EPS and FY2027 earnings at $0.56 EPS.
Several other analysts also recently issued reports on the company. StockNews.com downgraded Kinross Gold from a “strong-buy” rating to a “buy” rating in a report on Saturday. CIBC lifted their target price on Kinross Gold from $13.00 to $14.00 and gave the company an “outperform” rating in a research note on Thursday, February 13th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Kinross Gold presently has a consensus rating of “Buy” and an average price target of $11.63.
Kinross Gold Price Performance
NYSE KGC opened at $12.17 on Friday. The stock’s 50-day moving average price is $11.21 and its two-hundred day moving average price is $10.26. The company has a current ratio of 2.01, a quick ratio of 0.83 and a debt-to-equity ratio of 0.18. The company has a market cap of $14.97 billion, a PE ratio of 15.80, a PEG ratio of 0.68 and a beta of 1.29. Kinross Gold has a 1 year low of $5.67 and a 1 year high of $12.39.
Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last posted its quarterly earnings data on Wednesday, February 12th. The mining company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.03). Kinross Gold had a return on equity of 12.65% and a net margin of 18.43%.
Hedge Funds Weigh In On Kinross Gold
Several institutional investors and hedge funds have recently bought and sold shares of KGC. Jones Financial Companies Lllp grew its stake in shares of Kinross Gold by 109.3% in the 4th quarter. Jones Financial Companies Lllp now owns 2,704 shares of the mining company’s stock valued at $25,000 after buying an additional 1,412 shares in the last quarter. Mark Sheptoff Financial Planning LLC grew its stake in shares of Kinross Gold by 30.4% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 4,302 shares of the mining company’s stock valued at $40,000 after buying an additional 1,002 shares in the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of Kinross Gold in the 4th quarter valued at approximately $42,000. Global Retirement Partners LLC grew its stake in shares of Kinross Gold by 747.0% in the 4th quarter. Global Retirement Partners LLC now owns 5,429 shares of the mining company’s stock valued at $50,000 after buying an additional 4,788 shares in the last quarter. Finally, Avior Wealth Management LLC grew its stake in shares of Kinross Gold by 246.3% in the 4th quarter. Avior Wealth Management LLC now owns 7,227 shares of the mining company’s stock valued at $67,000 after buying an additional 5,140 shares in the last quarter. Hedge funds and other institutional investors own 63.69% of the company’s stock.
Kinross Gold Announces Dividend
The firm also recently announced 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 of this dividend was Wednesday, March 5th. This represents a $0.12 annualized dividend and a yield of 0.99%. Kinross Gold’s dividend payout ratio (DPR) is presently 15.58%.
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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