Brokers Offer Predictions for Kinross Gold FY2026 Earnings

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Stock analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for Kinross Gold in a report released on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the mining company will earn $0.58 per share for the year, down from their previous estimate of $0.64. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share.

Kinross Gold (NYSE:KGC) (TSE:K) last released its earnings results on Wednesday, February 12th. The mining company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.03). Kinross Gold had a net margin of 18.43% and a return on equity of 12.65%.

A number of other research firms also recently weighed in on KGC. CIBC raised their price target on Kinross Gold from $13.00 to $14.00 and gave the company an “outperform” rating in a research note on Thursday, February 13th. StockNews.com downgraded Kinross Gold from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Stifel Canada upgraded Kinross Gold to a “strong-buy” rating in a research note on Wednesday, March 19th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Kinross Gold presently has an average rating of “Buy” and a consensus price target of $11.63.

Kinross Gold Stock Down 1.3 %

KGC stock opened at $12.17 on Monday. The company has a quick ratio of 0.83, a current ratio of 2.01 and a debt-to-equity ratio of 0.18. The business has a 50 day moving average price of $11.21 and a two-hundred day moving average price of $10.27. The company has a market cap of $14.97 billion, a price-to-earnings ratio of 15.80, a P/E/G ratio of 0.68 and a beta of 1.29. Kinross Gold has a twelve month low of $5.67 and a twelve month high of $12.39.

Institutional Trading of Kinross Gold

Several hedge funds have recently added to or reduced their stakes in KGC. Jones Financial Companies Lllp lifted its holdings in Kinross Gold by 109.3% during the 4th quarter. Jones Financial Companies Lllp now owns 2,704 shares of the mining company’s stock worth $25,000 after purchasing an additional 1,412 shares during the last quarter. Mark Sheptoff Financial Planning LLC lifted its holdings in Kinross Gold by 30.4% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 4,302 shares of the mining company’s stock worth $40,000 after purchasing an additional 1,002 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in Kinross Gold during the 4th quarter worth approximately $42,000. Global Retirement Partners LLC lifted its holdings in Kinross Gold by 747.0% during the 4th quarter. Global Retirement Partners LLC now owns 5,429 shares of the mining company’s stock worth $50,000 after purchasing an additional 4,788 shares during the last quarter. Finally, Avior Wealth Management LLC lifted its holdings in Kinross Gold by 246.3% during the 4th quarter. Avior Wealth Management LLC now owns 7,227 shares of the mining company’s stock worth $67,000 after purchasing an additional 5,140 shares during the last quarter. 63.69% of the stock is owned by institutional investors and hedge funds.

Kinross Gold Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders 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 annualized dividend and a dividend yield of 0.99%. Kinross Gold’s dividend payout ratio is currently 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.