Newmont (NEM) Expected to Announce Earnings on Thursday

Newmont (NYSE:NEM) will likely be posting its Q2 2025 quarterly earnings results after the market closes on Thursday, July 24th. Analysts expect Newmont to post earnings of $0.95 per share and revenue of $4.70 billion for the quarter.

Newmont (NYSE:NEM) last issued its quarterly earnings data on Wednesday, April 23rd. The basic materials company reported $1.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.54. The firm had revenue of $5.01 billion during the quarter, compared to the consensus estimate of $4.82 billion. Newmont had a net margin of 25.77% and a return on equity of 15.75%. During the same period last year, the business posted $0.55 earnings per share. On average, analysts expect Newmont to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Newmont Trading Up 1.9%

Shares of NEM stock opened at $58.45 on Thursday. The firm has a 50 day moving average price of $55.64 and a two-hundred day moving average price of $49.34. The company has a quick ratio of 1.70, a current ratio of 1.98 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $65.06 billion, a PE ratio of 13.11, a price-to-earnings-growth ratio of 0.65 and a beta of 0.33. Newmont has a 12-month low of $36.86 and a 12-month high of $61.17.

Newmont Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Tuesday, May 27th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a $1.00 annualized dividend and a yield of 1.71%. Newmont’s dividend payout ratio (DPR) is presently 22.42%.

Insider Transactions at Newmont

In other Newmont news, Director Bruce R. Brook sold 2,077 shares of the company’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $58.75, for a total value of $122,023.75. Following the completion of the sale, the director directly owned 43,103 shares of the company’s stock, valued at approximately $2,532,301.25. This represents a 4.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Peter Toth sold 3,000 shares of the company’s stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $58.75, for a total transaction of $176,250.00. Following the completion of the sale, the executive vice president directly owned 74,526 shares of the company’s stock, valued at $4,378,402.50. The trade was a 3.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,231 shares of company stock worth $679,813 in the last 90 days. 0.05% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Newmont

A hedge fund recently raised its stake in Newmont stock. Brighton Jones LLC grew its stake in shares of Newmont Corporation (NYSE:NEM) by 15.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 13,606 shares of the basic materials company’s stock after acquiring an additional 1,847 shares during the period. Brighton Jones LLC’s holdings in Newmont were worth $506,000 at the end of the most recent reporting period. 68.85% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Raymond James Financial reiterated an “outperform” rating and issued a $66.00 price target on shares of Newmont in a research report on Friday, April 25th. Argus set a $63.00 price objective on shares of Newmont in a research note on Friday, April 25th. CIBC set a $74.00 price objective on shares of Newmont and gave the company a “neutral” rating in a research note on Tuesday. Scotiabank reissued a “sector perform” rating on shares of Newmont in a research note on Monday, April 14th. Finally, Stifel Nicolaus initiated coverage on shares of Newmont in a research note on Wednesday, July 9th. They issued a “buy” rating and a $73.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $62.49.

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.