Kinross Gold (KGC) Stock Price, News & Analysis

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" KGC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KGC, but not buy additional shares or sell existing shares.
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7 analysts have issued 12 month price targets for Kinross Gold's stock. Their KGC share price targets range from $5.00 to $8.15. On average, they expect the company's stock price to reach $6.28 in the next year. This suggests that the stock has a possible downside of 7.6%.
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Kinross Gold's stock was trading at $6.05 on January 1st, 2024. Since then, KGC shares have increased by 12.2% and is now trading at $6.79.
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Kinross Gold saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 13,690,000 shares, an increase of 15.0% from the March 15th total of 11,900,000 shares. Based on an average daily volume of 13,700,000 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.1% of the shares of the company are short sold.
View Kinross Gold's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our KGC earnings forecast.

Kinross Gold will be holding an earnings conference call on Wednesday, May 8th at 7:45 AM Eastern. Interested parties can register for or listen to the call using this link.

Kinross Gold Co. (NYSE:KGC) posted its quarterly earnings data on Thursday, February, 15th. The mining company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.09 by $0.02. The mining company earned $1.12 billion during the quarter, compared to the consensus estimate of $1.04 billion. Kinross Gold had a net margin of 9.82% and a trailing twelve-month return on equity of 8.85%. Kinross Gold's revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.09 earnings per share.

Kinross Gold announced a quarterly dividend on Wednesday, February 14th. Shareholders of record on Wednesday, March 6th will be given a dividend of $0.03 per share on Thursday, March 21st. This represents a $0.12 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend is Tuesday, March 5th.
Read our dividend analysis for KGC.

Kinross Gold (NYSE:KGC) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.86%. The dividend payout ratio is 35.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KGC will have a dividend payout ratio of 26.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KGC.

35 employees have rated Kinross Gold Chief Executive Officer J. Paul Rollinson on Glassdoor.com. J. Paul Rollinson has an approval rating of 97% among the company's employees. This puts J. Paul Rollinson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kinross Gold investors own include Barrick Gold (GOLD), NVIDIA (NVDA), IAMGOLD (IAG), Advanced Micro Devices (AMD), Yamana Gold (AUY), Newmont (NEM), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU) and Gilead Sciences (GILD).

Kinross Gold's stock is owned by a number of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.23%), Artemis Investment Management LLP (0.13%), IMC Chicago LLC (0.00%), 180 Wealth Advisors LLC (0.00%), Banque Cantonale Vaudoise (0.00%) and Seneca House Advisors (0.00%).

Shares of KGC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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