National Bank Financial Forecasts Newmont Q1 Earnings

Newmont Co. (NYSE:NEM) – Research analysts at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for shares of Newmont in a research report issued on Tuesday, April 22nd. National Bank Financial analyst S. Nagle forecasts that the basic materials company will earn $1.00 per share for the quarter. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Newmont’s current full-year earnings is $3.45 per share. National Bank Financial also issued estimates for Newmont’s FY2026 earnings at $5.47 EPS.

NEM has been the subject of a number of other reports. Raymond James increased their price objective on Newmont from $54.00 to $63.00 and gave the stock an “outperform” rating in a report on Friday, April 4th. National Bankshares reissued a “sector perform” rating on shares of Newmont in a report on Wednesday. TD Securities lowered their target price on shares of Newmont from $46.00 to $45.00 and set a “hold” rating on the stock in a research note on Wednesday, February 26th. Argus set a $63.00 price objective on shares of Newmont in a report on Friday. Finally, StockNews.com raised Newmont from a “hold” rating to a “buy” rating in a research note on Monday, February 24th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Newmont has an average rating of “Moderate Buy” and a consensus price target of $55.40.

Newmont Stock Down 3.2 %

Newmont stock opened at $53.93 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.73 and a current ratio of 1.96. The company has a 50-day simple moving average of $47.89 and a 200-day simple moving average of $45.18. The firm has a market capitalization of $60.79 billion, a P/E ratio of 18.41, a P/E/G ratio of 0.41 and a beta of 0.54. Newmont has a one year low of $36.86 and a one year high of $58.72.

Newmont (NYSE:NEM) last released its quarterly earnings results on Wednesday, April 23rd. The basic materials company reported $1.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.54. The business had revenue of $5.01 billion during the quarter, compared to analyst estimates of $4.82 billion. Newmont had a net margin of 17.92% and a return on equity of 13.52%.

Institutional Investors Weigh In On Newmont

A number of large investors have recently bought and sold shares of NEM. Norges Bank acquired a new stake in shares of Newmont in the fourth quarter valued at approximately $626,074,000. Voloridge Investment Management LLC acquired a new position in Newmont during the 4th quarter worth $92,693,000. Capital Research Global Investors boosted its position in Newmont by 70.7% in the 4th quarter. Capital Research Global Investors now owns 5,644,953 shares of the basic materials company’s stock valued at $210,105,000 after buying an additional 2,338,953 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Newmont in the 4th quarter valued at $76,281,000. Finally, Invesco Ltd. raised its position in shares of Newmont by 23.9% during the fourth quarter. Invesco Ltd. now owns 10,520,354 shares of the basic materials company’s stock worth $391,568,000 after acquiring an additional 2,028,150 shares during the last quarter. 68.85% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $43.71, for a total transaction of $131,130.00. Following the sale, the executive vice president now directly owns 86,526 shares in the company, valued at approximately $3,782,051.46. The trade was a 3.35 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bruce R. Brook sold 2,077 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $42.89, for a total transaction of $89,082.53. Following the completion of the transaction, the director now directly owns 49,993 shares of the company’s stock, valued at $2,144,199.77. This trade represents a 3.99 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,154 shares of company stock valued at $825,678 over the last three months. 0.05% of the stock is owned by corporate insiders.

Newmont Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Tuesday, May 27th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date is Tuesday, May 27th. Newmont’s dividend payout ratio is currently 34.13%.

Newmont Company Profile

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.