Should I buy or sell Kenmare Resources stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kenmare Resources in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" KMR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KMR, but not buy additional shares or sell existing shares. View KMR analyst ratings or view top-rated stocks .

What is Kenmare Resources' stock price target for 2024?

1 analysts have issued 12 month price targets for Kenmare Resources' stock. Their KMR share price targets range from GBX 570 to GBX 570. On average, they predict the company's stock price to reach GBX 570 in the next twelve months. This suggests a possible upside of 70.5% from the stock's current price. View analysts price targets for KMR or view top-rated stocks among Wall Street analysts .

How have KMR shares performed in 2024?

Kenmare Resources' stock was trading at GBX 394.50 at the beginning of 2024. Since then, KMR shares have decreased by 15.2% and is now trading at GBX 334.38. View the best growth stocks for 2024 here .

How often does Kenmare Resources pay dividends? What is the dividend yield for Kenmare Resources?

Kenmare Resources declared a dividend on Wednesday, March 20th. Stockholders of record on Thursday, April 11th will be paid a dividend of GBX 0.39 per share on Friday, May 17th. This represents a yield of 10.13%. The ex-dividend date of this dividend is Thursday, April 11th. This is an increase from the stock's previous dividend of GBX 0.18. The official announcement can be accessed at this link . Read our dividend analysis for KMR .

Is Kenmare Resources a good dividend stock?

Kenmare Resources (LON:KMR) pays an annual dividend of GBX 45 per share and currently has a dividend yield of 14.22%. KMR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 4,166.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for KMR .

What other stocks do shareholders of Kenmare Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kenmare Resources investors own include Lloyds Banking Group (LLOY) , Williams Companies (WMB) , Bodycote (BOY) , Man Group (EMG) , 4942063 (PCI.L) (PCI) , 1Spatial (SPA) , Barclays (BARC) , Premier Oil (PMO) , Central Asia Metals (CAML) and 3003826 (MONI.L) (MONI) .

How do I buy shares of Kenmare Resources?

Shares of KMR stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

LON:KMR

Kenmare Resources (KMR) Share Price, News & Analysis

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Free KMR Stock Alerts

GBX 334.94

+6.94 (+2.12%)

(As of 03:09 PM ET)

Compare

Today's Range: 330.50
▼
337
50-Day Range: 295
▼
374.97
52-Week Range: 291
▼
484.50

Volume: 125,847 shs
Average Volume: 243,635 shs
Market Capitalization: £298.87 million

P/E Ratio: 310.13
Dividend Yield: 13.44%
Price Target: GBX 570

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

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Kenmare Resources MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 70.5% Upside
GBX 570 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
£3.02 M Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.52 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
Kenmare Resources has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Kenmare Resources has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for KMR.

1.7

Dividend Strength

Dividend Leadership
Kenmare Resources is a leading dividend payer. It pays a dividend yield of 14.22%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Kenmare Resources does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Kenmare Resources is 4,166.67%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for KMR.

2.4

News and Social Media Coverage

News Sentiment
Kenmare Resources has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Kenmare Resources this week, compared to 0 articles on an average week.
Search Interest
Only 1 people have searched for KMR on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
1 people have added Kenmare Resources to their MarketBeat watchlist in the last 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kenmare Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought £30,200 in company stock and sold GBX 0 in company stock.
Percentage Held by Insiders
21.76% of the stock of Kenmare Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
56.20% of the stock of Kenmare Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Kenmare Resources is 309.61, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kenmare Resources is 309.61, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 127.96.
Price to Earnings Growth Ratio
Kenmare Resources has a PEG Ratio of 0.03. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Kenmare Resources has a P/B Ratio of 0.26. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Kenmare Resources Stock (LON:KMR)

Kenmare Resources plc, together with its subsidiaries, engages in the production and sale of mineral sand products in China, the rest of Asia, Europe, the United States, and internationally. It operates the Moma Titanium Minerals Mine located on the northeast coast of Mozambique. The company's products include ilmenite, rutile, and zircon; monazite; and concentrates, including secondary zircon and mineral sand concentrates. It has a total proved and probable ore reserves of 1,429 million tons. The company was formerly known as Kenmare Oil Exploration plc and changed its name to Kenmare Resources plc in 1987. Kenmare Resources plc was incorporated in 1972 and is headquartered in Dublin, Ireland.

KMR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KMR Stock News Headlines

March 22, 2024 | insidertrades.com

Andrew Webb Buys 10,000 Shares of Kenmare Resources plc (LON:KMR) Stock

April 17, 2024 | lse.co.uk

Kenmare Resources Regulatory News

April 18, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 11, 2024 | finanznachrichten.de

Kenmare Resources: Q1 2024 Production Report

April 11, 2024 | finance.yahoo.com

Q1 2024 Production Report

March 23, 2024 | finance.yahoo.com

Here's What Analysts Are Forecasting For Kenmare Resources plc (LON:KMR) After Its Yearly Results

March 20, 2024 | finanznachrichten.de

Kenmare Resources: 2023 Preliminary Results

March 20, 2024 | finance.yahoo.com

Why The 20% Return On Capital At Kenmare Resources (LON:KMR) Should Have Your Attention

April 18, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 20, 2024 | finance.yahoo.com

2023 Preliminary Results

March 15, 2024 | finance.yahoo.com

Managing Director to step down

March 13, 2024 | finanznachrichten.de

Kenmare Resources: Completion of debt refinancing process

March 13, 2024 | finance.yahoo.com

Completion of debt refinancing process

February 29, 2024 | finance.yahoo.com

Positive Signs As Multiple Insiders Buy Kenmare Resources Stock

February 16, 2024 | wsj.com

Kenmare Resources PLC

February 6, 2024 | finance.yahoo.com

Commitments for New Debt Facility

January 25, 2024 | lse.co.uk

Kenmare Resources Share Chat

January 17, 2024 | finanznachrichten.de

Kenmare Resources: Q4 2023 Production Report and 2024 Guidance

January 17, 2024 | finance.yahoo.com

Q4 2023 Production Report and 2024 Guidance

January 15, 2024 | finance.yahoo.com

Andrew Webb appointed as Chair designate of Ecora Resources PLC

January 14, 2024 | finance.yahoo.com

With 54% institutional ownership, Kenmare Resources plc (LON:KMR) is a favorite amongst the big guns

December 14, 2023 | finance.yahoo.com

Projects Update

November 29, 2023 | finance.yahoo.com

Kenmare Resources (LON:KMR) shareholders have earned a 21% CAGR over the last five years

November 14, 2023 | lse.co.uk

Kenmare Resources Plc Share Price (KMR.IE)

November 5, 2023 | morningstar.com

Kenmare Resources PLC KMR

November 1, 2023 | finance.yahoo.com

Is There An Opportunity With Kenmare Resources plc's (LON:KMR) 32% Undervaluation?

October 12, 2023 | finanznachrichten.de

Kenmare Resources: Q3 2023 Production Report

See More Headlines

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Company Calendar

Ex-Dividend for 5/17 Dividend: 4/11/2024
Today: 4/18/2024
Dividend Payable: 5/17/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Sub-Industry: N/A
Current Symbol: LON:KMR
CUSIP: N/A
CIK: N/A
Web: www.kenmareresources.com
Phone: +353-1-6710411
Fax: N/A
Employees: 1,687
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 570
High Stock Price Target: GBX 570
Low Stock Price Target: GBX 570
Potential Upside/Downside: +73.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 1.08
Trailing P/E Ratio: 303.70
Forward P/E Ratio: 5.28
P/E Growth: 0.03
Net Income: £130.98 million
Net Margins: 28.57%
Pretax Margin: N/A
Return on Equity: 11.66%
Return on Assets: 7.69%

Debt

Debt-to-Equity Ratio: 4.32
Current Ratio: 4.04
Quick Ratio: 1.22

Sales & Book Value

Annual Sales: £458.48 million
Price / Sales: 0.64
Cash Flow: GBX 25.29 per share
Price / Cash Flow: 12.97
Book Value: GBX 1,281 per share
Price / Book: 0.26

Miscellaneous

Outstanding Shares: 89,230,000
Free Float: N/A
Market Cap: £292.67 million
Optionable: Not Optionable
Beta: 0.39

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Key Executives

Mr. Michael Carvill (Age 64)
MD & Executive Director
Comp: $813.26k
Mr. Thomas Gerard Hickey (Age 55)
Financial Director & Executive Director
Comp: $537.09k
Ms. Chelita Healy
Company Secretary
Mr. Ben Baxter (Age 51)
Chief Operating Officer
Mr. Terence Fitzpatrick (Age 62)
Group General Manager of Technical
Comp: $294.1k
Mr. Jeremy Oliver Anthony Dibb (Age 39)
Head of Corporate Development & Investor Relations
Mr. Rajan Subberwal
General Counsel
Mr. Cillian Murphy
Marketing Manager
Ms. Anna Brog
Head of Sustainability
Mr. Carlos Freesz
Global Head of ICT

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

KMR Stock Analysis - Frequently Asked Questions

Should I buy or sell Kenmare Resources stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kenmare Resources in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" KMR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KMR, but not buy additional shares or sell existing shares.
View KMR analyst ratings or view top-rated stocks.
What is Kenmare Resources' stock price target for 2024?: 1 analysts have issued 12 month price targets for Kenmare Resources' stock. Their KMR share price targets range from GBX 570 to GBX 570. On average, they predict the company's stock price to reach GBX 570 in the next twelve months. This suggests a possible upside of 70.5% from the stock's current price.
View analysts price targets for KMR or view top-rated stocks among Wall Street analysts.
How have KMR shares performed in 2024?: Kenmare Resources' stock was trading at GBX 394.50 at the beginning of 2024. Since then, KMR shares have decreased by 15.2% and is now trading at GBX 334.38.
View the best growth stocks for 2024 here.
How often does Kenmare Resources pay dividends? What is the dividend yield for Kenmare Resources?: Kenmare Resources declared a dividend on Wednesday, March 20th. Stockholders of record on Thursday, April 11th will be paid a dividend of GBX 0.39 per share on Friday, May 17th. This represents a yield of 10.13%. The ex-dividend date of this dividend is Thursday, April 11th. This is an increase from the stock's previous dividend of GBX 0.18. The official announcement can be accessed at this link.
Read our dividend analysis for KMR.

Is Kenmare Resources a good dividend stock?: Kenmare Resources (LON:KMR) pays an annual dividend of GBX 45 per share and currently has a dividend yield of 14.22%. KMR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 4,166.67%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for KMR.
What other stocks do shareholders of Kenmare Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Kenmare Resources investors own include Lloyds Banking Group (LLOY), Williams Companies (WMB), Bodycote (BOY), Man Group (EMG), 4942063 (PCI.L) (PCI), 1Spatial (SPA), Barclays (BARC), Premier Oil (PMO), Central Asia Metals (CAML) and 3003826 (MONI.L) (MONI).
How do I buy shares of Kenmare Resources?: Shares of KMR stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:KMR) was last updated on 4/18/2024 by MarketBeat.com Staff

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Kenmare Resources (KMR) Share Price, News & Analysis

Kenmare Resources MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Kenmare Resources Stock (LON:KMR)

KMR Stock Price History

KMR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

KMR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™