Should I buy or sell Kinross Gold stock right now?

7 Wall Street research 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 research 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. View KGC analyst ratings or view top-rated stocks .

What is Kinross Gold's stock price target for 2024?

7 brokers have issued 12 month target prices for Kinross Gold's stock. Their KGC share price targets range from $5.00 to $8.15. On average, they anticipate the company's share price to reach $6.28 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. View analysts price targets for KGC or view top-rated stocks among Wall Street analysts .

How have KGC shares performed in 2024?

Kinross Gold's stock was trading at $6.05 at the start of the year. Since then, KGC shares have increased by 6.0% and is now trading at $6.41. View the best growth stocks for 2024 here .

Are investors shorting Kinross Gold?

Kinross Gold saw a increase in short interest in 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 short-interest ratio is currently 1.0 days. Approximately 1.1% of the company's stock are short sold. View Kinross Gold's Short Interest .

When is Kinross Gold's next earnings date?

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

How can I listen to Kinross Gold's earnings call?

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 .

How were Kinross Gold's earnings last quarter?

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

How often does Kinross Gold pay dividends? What is the dividend yield for Kinross Gold?

Kinross Gold declared a quarterly dividend on Wednesday, February 14th. Shareholders of record on Wednesday, March 6th will be paid a dividend of $0.03 per share on Thursday, March 21st. This represents a $0.12 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date is Tuesday, March 5th. Read our dividend analysis for KGC .

Is Kinross Gold a good dividend stock?

Kinross Gold (NYSE:KGC) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.87%. 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 .

What is J. Paul Rollinson's approval rating as Kinross Gold's CEO?

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.

What other stocks do shareholders of Kinross Gold own?

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) .

Who are Kinross Gold's major shareholders?

Kinross Gold's stock is owned by many different institutional and retail investors. Top institutional investors include IMC Chicago LLC (0.00%) and Banque Cantonale Vaudoise (0.00%).

How do I buy shares of Kinross Gold?

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. Compare Top Brokerages Here .

NYSE:KGC

Kinross Gold (KGC) Stock Price, News & Analysis

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Free KGC Stock Alerts

$6.41

+0.03 (+0.47%)

(As of 04/15/2024 ET)

Compare

Today's Range: $6.24
▼
$6.48
50-Day Range: $4.79
▼
$6.48
52-Week Range: $4.32
▼
$6.81

Volume: 19.91 million shs
Average Volume: 14.96 million shs
Market Capitalization: $7.87 billion

P/E Ratio: 18.85
Dividend Yield: 1.87%
Price Target: $6.28

Get Kinross Gold alerts:

Kinross Gold MarketRank™ Stock Analysis

Analyst Rating: Hold
2.43 Rating Score
Upside/Downside: 2.1% Downside
$6.28 Price Target
Short Interest: Healthy
1.12% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -5.55
Upright™ Environmental Score
News Sentiment: 0.44
Based on 17 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 31.43%
From $0.35 to $0.46 Per Share

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.

3.45 out of 5 stars

Basic Materials Sector

67th out of 166 stocks

Gold & Silver Ores Industry

7th out of 35 stocks

1.2

Analyst's Opinion

Consensus Rating
Kinross Gold has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 4 buy ratings, 2 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Kinross Gold has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.12% of the float of Kinross Gold has been sold short.
Short Interest Ratio / Days to Cover
Kinross Gold has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Kinross Gold has recently increased by 15.04%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Kinross Gold pays a meaningful dividend of 1.87%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Kinross Gold does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Kinross Gold is 35.29%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Kinross Gold will have a dividend payout ratio of 26.09% next year. This indicates that Kinross Gold will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Kinross Gold has received a -205.30% net impact score from Upright. The largest negative impact of Kinross Gold in category "GHG emissions" is driven by its "Gold" and "Silver" products. See details.
Environmental Sustainability
The Environmental Impact score for Kinross Gold is -5.55.

3.0

News and Social Media Coverage

News Sentiment
Kinross Gold has a news sentiment score of 0.44. 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 17 news articles for Kinross Gold this week, compared to 4 articles on an average week.
Search Interest
18 people have searched for KGC on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.
MarketBeat Follows
17 people have added Kinross Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 6% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kinross Gold insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Kinross Gold is held by insiders.
Percentage Held by Institutions
63.69% of the stock of Kinross Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Kinross Gold are expected to grow by 31.43% in the coming year, from $0.35 to $0.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kinross Gold is 18.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kinross Gold is 18.85, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 139.18.
Price to Earnings Growth Ratio
Kinross Gold has a PEG Ratio of 2.08. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Kinross Gold has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Kinross Gold Stock (NYSE:KGC)

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. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. Kinross Gold Corporation was founded in 1993 and is headquartered in Toronto, Canada.

KGC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KGC Stock News Headlines

April 14, 2024 | americanbankingnews.com

Kinross Gold (NYSE:KGC) Shares Up 4.8%

April 13, 2024 | americanbankingnews.com

Investors Buy Large Volume of Kinross Gold Call Options (NYSE:KGC)

April 16, 2024 | InvestorPlace (Ad)

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April 11, 2024 | americanbankingnews.com

Kinross Gold (NYSE:KGC) Sets New 1-Year High at $6.57

April 10, 2024 | investorplace.com

Bullion Bullseye: 3 Gold Stocks for Precious Metal Profits

April 10, 2024 | finance.yahoo.com

Kinross Gold Corporation's (TSE:K) large institutional owners must be happy as stock continues to impress, up 3.2% over the past week

April 9, 2024 | msn.com

Good news as food hygiene ratings given to two Perth and Kinross takeaways

April 9, 2024 | globenewswire.com

Kinross to announce Q1 results on May 7, 2024

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April 8, 2024 | investorplace.com

3 Stock Trades to Make for 50% Returns in Q2 2024

April 4, 2024 | finance.yahoo.com

Kinross Gold Corporation: Commodity Price Update Q2 2024: Gold and Thermal Coal Companies Remain Among the Cheapest

April 3, 2024 | msn.com

Gold jumps to another record high after Powell's remarks; silver best since June 2021

March 27, 2024 | yahoo.com

Kinross Cashmere parent Dawson-Forté Cashmere Sells Majority Equity Stake to Tempus Partners

March 20, 2024 | finance.yahoo.com

Kinross Gold Corporation's (TSE:K) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

March 18, 2024 | investorplace.com

Hot Stocks: The 3 Best Opportunities for Investing in Gold

March 16, 2024 | msn.com

Perth Harbour still open for business over a year after Perth and Kinross Council voted to close it

March 14, 2024 | finance.yahoo.com

KGC: Raising target price to $6.00

March 14, 2024 | juniorminingnetwork.com

Riley Gold Executes US$20 Million Earn-In Agreement with Kinross Gold on PWC Gold Project (Nevada)

March 13, 2024 | investorplace.com

The 3 Most Undervalued Stocks to Buy for Under $10 in March 2024

March 13, 2024 | ca.finance.yahoo.com

Do Not Give Up on Newmont

March 13, 2024 | msn.com

Homelessness applications in Perth and Kinross rise by 29 per cent

March 11, 2024 | investorplace.com

Multibagger Mania: 3 Stocks That Could Multiply Your Money

March 10, 2024 | finance.yahoo.com

KGC Jan 2026 2.000 call

March 6, 2024 | nasdaq.com

Kinross Gold (KGC) Shares Cross Above 200 DMA

March 6, 2024 | investorplace.com

Next-Gen Gold Rush: 3 Mining Stocks That Are Pure Gold

March 2, 2024 | investorplace.com

3 Gold Miners Glittering With Potential in 2024

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Ex-Dividend for 3/21 Dividend: 3/05/2024
Dividend Payable: 3/21/2024
Today: 4/15/2024
Next Earnings (Confirmed): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSE:KGC
CUSIP: N/A
CIK: 701818
Web: www.kinross.com
Phone: (416) 365-5123
Fax: 416-363-6622
Employees: 6,600
Year Founded: 1993

Price Target and Rating

Average Stock Price Target: $6.28
High Stock Price Target: $8.15
Low Stock Price Target: $5.00
Potential Upside/Downside: -2.1%
Consensus Rating: Hold
Rating Score (0-4): 2.43
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.34
Trailing P/E Ratio: 18.85
Forward P/E Ratio: 18.31
P/E Growth: 2.08
Net Income: $416.30 million
Net Margins: 9.82%
Pretax Margin: 16.71%
Return on Equity: 8.85%
Return on Assets: 5.12%

Debt

Debt-to-Equity Ratio: 0.36
Current Ratio: 2.63
Quick Ratio: 0.95

Sales & Book Value

Annual Sales: $4.24 billion
Price / Sales: 1.86
Cash Flow: $1.25 per share
Price / Cash Flow: 5.13
Book Value: $5.04 per share
Price / Book: 1.27

Miscellaneous

Outstanding Shares: 1,227,840,000
Free Float: 1,215,560,000
Market Cap: $7.87 billion
Optionable: Optionable
Beta: 1.15

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Key Executives

Mr. J. Paul Rollinson (Age 62)
CEO & Director
Comp: $2.71M
Mr. Geoffrey P. Gold
President
Ms. Andrea Susan Freeborough
Executive VP & CFO
Mr. Claude J. S. Schimper
Executive VP & COO
Mr. William D. Dunford
Senior VP of Technical Services & Chief Technical Officer
Mr. Chris Lichtenheldt
Vice President of Investor Relations
Victoria Barrington
Senior Director of Corporate Communications
Ms. Kathleen M. Grandy J.D.
Senior Vice-President of Human Resources
Mr. Nathan M. Longenecker
Senior VP of Global Legal Operations & Major Permitting and General Counsel
Mike van Akkooi
Senior Vice-President of External Affairs

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

KGC Stock Analysis - Frequently Asked Questions

Should I buy or sell Kinross Gold stock right now?: 7 Wall Street research 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 research 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.
View KGC analyst ratings or view top-rated stocks.
What is Kinross Gold's stock price target for 2024?: 7 brokers have issued 12 month target prices for Kinross Gold's stock. Their KGC share price targets range from $5.00 to $8.15. On average, they anticipate the company's share price to reach $6.28 in the next twelve months. This suggests that the stock has a possible downside of 2.1%.
View analysts price targets for KGC or view top-rated stocks among Wall Street analysts.
How have KGC shares performed in 2024?: Kinross Gold's stock was trading at $6.05 at the start of the year. Since then, KGC shares have increased by 6.0% and is now trading at $6.41.
View the best growth stocks for 2024 here.
Are investors shorting Kinross Gold?: Kinross Gold saw a increase in short interest in 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 short-interest ratio is currently 1.0 days. Approximately 1.1% of the company's stock are short sold.
View Kinross Gold's Short Interest.
When is Kinross Gold's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our KGC earnings forecast.
How can I listen to Kinross Gold's earnings call?: 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.
How were Kinross Gold's earnings last quarter?: Kinross Gold Co. (NYSE:KGC) announced its quarterly earnings results on Thursday, February, 15th. The mining company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. The mining company earned $1.12 billion during the quarter, compared to analysts' expectations of $1.04 billion. Kinross Gold had a net margin of 9.82% and a trailing twelve-month return on equity of 8.85%. The firm's revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.09 EPS.

How often does Kinross Gold pay dividends? What is the dividend yield for Kinross Gold?: Kinross Gold declared a quarterly dividend on Wednesday, February 14th. Shareholders of record on Wednesday, March 6th will be paid a dividend of $0.03 per share on Thursday, March 21st. This represents a $0.12 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date is Tuesday, March 5th.
Read our dividend analysis for KGC.
Is Kinross Gold a good dividend stock?: Kinross Gold (NYSE:KGC) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.87%. 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.
What is J. Paul Rollinson's approval rating as Kinross Gold's CEO?: 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.
What other stocks do shareholders of Kinross Gold own?: 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).
Who are Kinross Gold's major shareholders?: Kinross Gold's stock is owned by many different institutional and retail investors. Top institutional investors include IMC Chicago LLC (0.00%) and Banque Cantonale Vaudoise (0.00%).
How do I buy shares of Kinross Gold?: 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.
Compare Top Brokerages Here.

This page (NYSE:KGC) was last updated on 4/16/2024 by MarketBeat.com Staff

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