Stifel Canada Comments on Kinross Gold Q1 Earnings

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Equities researchers at Stifel Canada issued their Q1 2025 EPS estimates for Kinross Gold in a report issued on Monday, April 21st. Stifel Canada analyst R. Profiti expects that the mining company will post earnings of $0.23 per share for the quarter. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share.

A number of other analysts have also weighed in on KGC. National Bank Financial upgraded shares of Kinross Gold to a “strong-buy” rating in a research note on Friday, March 21st. CIBC raised their price target on shares of Kinross Gold from $13.00 to $14.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. BMO Capital Markets began coverage on Kinross Gold in a research report on Wednesday, April 16th. They issued an “outperform” rating on the stock. StockNews.com upgraded Kinross Gold from a “buy” rating to a “strong-buy” rating in a research note on Friday, April 18th. Finally, Raymond James boosted their price target on Kinross Gold from $12.00 to $15.00 and gave the stock a “market perform” rating in a research note on Friday, April 4th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $13.30.

Kinross Gold Trading Down 1.4 %

NYSE:KGC opened at $14.72 on Tuesday. Kinross Gold has a one year low of $6.34 and a one year high of $15.46. The company’s 50-day simple moving average is $12.23 and its 200 day simple moving average is $10.90. The firm has a market capitalization of $18.11 billion, a P/E ratio of 19.11, a PEG ratio of 0.68 and a beta of 1.12. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 0.83.

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

Kinross Gold Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th were paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend was Wednesday, March 5th. Kinross Gold’s payout ratio is 15.58%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Jones Financial Companies Lllp lifted its holdings in Kinross Gold by 109.3% in 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 in the last quarter. Mark Sheptoff Financial Planning LLC lifted its holdings in shares of Kinross Gold by 30.4% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 4,302 shares of the mining company’s stock worth $40,000 after buying an additional 1,002 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in Kinross Gold during the fourth quarter valued at $42,000. Global Retirement Partners LLC increased its holdings in Kinross Gold by 747.0% in the 4th quarter. Global Retirement Partners LLC now owns 5,429 shares of the mining company’s stock valued at $50,000 after acquiring an additional 4,788 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Kinross Gold by 188.6% in the 1st quarter. Farther Finance Advisors LLC now owns 5,599 shares of the mining company’s stock worth $71,000 after purchasing an additional 3,659 shares in the last quarter. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Kinross Gold Company Profile

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.