National Bank Financial Predicts Kinross Gold Q1 Earnings

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Analysts at National Bank Financial issued their Q1 2025 earnings per share estimates for Kinross Gold in a research note issued on Tuesday, April 22nd. National Bank Financial analyst S. Nagle forecasts that the mining company will post earnings of $0.25 per share for the quarter. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share. National Bank Financial also issued estimates for Kinross Gold’s FY2025 earnings at $1.12 EPS.

Kinross Gold (NYSE:KGC) (TSE:K) last announced its quarterly 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%.

Other equities research analysts have also issued research reports about the company. CIBC increased their target price on Kinross Gold from $13.00 to $14.00 and gave the company an “outperform” rating in a research note on Thursday, February 13th. Scotiabank restated an “outperform” rating on shares of Kinross Gold in a research note on Monday, April 14th. BMO Capital Markets initiated coverage on shares of Kinross Gold in a research note on Wednesday, April 16th. They set an “outperform” rating on the stock. StockNews.com upgraded shares of Kinross Gold from a “buy” rating to a “strong-buy” rating in a report on Friday, April 18th. Finally, Raymond James raised their target price on Kinross Gold from $12.00 to $15.00 and gave the company a “market perform” rating in a research note on Friday, April 4th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $13.30.

Kinross Gold Stock Up 2.2 %

Shares of NYSE KGC opened at $14.67 on Thursday. The stock has a fifty day moving average price of $12.36 and a 200 day moving average price of $10.96. The company has a market cap of $18.05 billion, a P/E ratio of 19.05, a P/E/G ratio of 0.68 and a beta of 1.12. Kinross Gold has a 12-month low of $6.42 and a 12-month high of $15.46. The company has a current ratio of 2.01, a quick ratio of 0.83 and a debt-to-equity ratio of 0.18.

Kinross Gold Dividend Announcement

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

Institutional Trading of Kinross Gold

Several hedge funds and other institutional investors have recently bought and sold shares of KGC. MML Investors Services LLC acquired a new position in shares of Kinross Gold in the 3rd quarter worth approximately $201,000. Te Ahumairangi Investment Management Ltd boosted its holdings in Kinross Gold by 6.4% in the third quarter. Te Ahumairangi Investment Management Ltd now owns 298,800 shares of the mining company’s stock worth $2,786,000 after purchasing an additional 18,000 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Kinross Gold during the third quarter valued at $248,000. Tidal Investments LLC raised its holdings in shares of Kinross Gold by 354.9% during the third quarter. Tidal Investments LLC now owns 48,068 shares of the mining company’s stock worth $450,000 after purchasing an additional 37,502 shares during the period. Finally, Franklin Resources Inc. lifted its position in shares of Kinross Gold by 0.6% in the 3rd quarter. Franklin Resources Inc. now owns 1,080,957 shares of the mining company’s stock worth $10,804,000 after buying an additional 6,634 shares during the last quarter. 63.69% of the stock is owned by institutional investors.

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.