Kinross Gold (KGC) Stock Price, News & Analysis

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last twelve months. 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.
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7 brokerages have issued 1 year price objectives for Kinross Gold's stock. Their KGC share price targets range from $5.50 to $8.15. On average, they predict the company's share price to reach $6.44 in the next year. This suggests that the stock has a possible downside of 2.3%.
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Kinross Gold's stock was trading at $6.05 at the start of the year. Since then, KGC stock has increased by 8.9% and is now trading at $6.59.
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Kinross Gold saw a decrease in short interest in April. As of April 15th, there was short interest totaling 11,510,000 shares, a decrease of 15.9% from the March 31st total of 13,690,000 shares. Based on an average daily volume of 14,980,000 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.9% of the shares of the stock are sold short.
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) issued its quarterly earnings results on Thursday, February, 15th. The mining company reported $0.11 earnings per share (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 trailing twelve-month return on equity of 8.85% and a net margin of 9.82%. Kinross Gold's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.09 EPS.

Kinross Gold declared a quarterly dividend on Wednesday, February 14th. Stockholders 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 1.82%. 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 1.81%. The company does not yet have a strong track record of dividend growth. 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 23.53% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KGC.

ETFs with the largest weight of Kinross Gold (NYSE:KGC) stock in their portfolio include VanEck Junior Gold Miners ETF (GDXJ) and VanEck Gold Miners ETF (GDX).iShares International Developed Small Cap Value Factor ETF (ISVL).

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 variety of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (12.29%), Polunin Capital Partners Ltd (0.54%), Triasima Portfolio Management inc. (0.34%), Sumitomo Mitsui Trust Holdings Inc. (0.23%), Artemis Investment Management LLP (0.13%) and Smith Group Asset Management LLC (0.07%).

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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