National Bank Financial Predicts Newmont Q2 Earnings

Newmont Corporation (NYSE:NEM) – Equities research analysts at National Bank Financial issued their Q2 2025 earnings per share estimates for Newmont in a research note issued to investors on Tuesday, July 15th. National Bank Financial analyst S. Nagle forecasts that the basic materials company will post earnings of $1.15 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.

Newmont (NYSE:NEM) last issued its quarterly earnings results on Wednesday, April 23rd. The basic materials company reported $1.25 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.54. The company had revenue of $5.01 billion for the quarter, compared to analysts’ expectations of $4.82 billion. Newmont had a return on equity of 15.75% and a net margin of 25.77%. During the same period in the prior year, the firm earned $0.55 earnings per share.

Several other brokerages have also recently weighed in on NEM. Raymond James Financial reaffirmed an “outperform” rating and issued a $66.00 price target on shares of Newmont in a research note on Friday, April 25th. Argus set a $63.00 target price on Newmont in a report on Friday, April 25th. The Goldman Sachs Group reissued a “neutral” rating and issued a $60.90 target price on shares of Newmont in a report on Tuesday, July 8th. Royal Bank Of Canada boosted their target price on Newmont from $52.00 to $66.00 and gave the stock a “sector perform” rating in a report on Wednesday, June 4th. Finally, National Bankshares reissued a “sector perform” rating on shares of Newmont in a report on Tuesday, June 24th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, Newmont has a consensus rating of “Moderate Buy” and an average target price of $62.49.

Newmont Price Performance

Shares of NEM stock opened at $58.00 on Thursday. The stock has a market cap of $64.55 billion, a price-to-earnings ratio of 13.00, a PEG ratio of 0.66 and a beta of 0.33. The business’s fifty day moving average is $55.74 and its 200 day moving average is $49.49. Newmont has a twelve month low of $36.86 and a twelve month high of $61.17. The company has a quick ratio of 1.70, a current ratio of 1.98 and a debt-to-equity ratio of 0.25.

Institutional Trading of Newmont

A number of hedge funds and other institutional investors have recently bought and sold shares of NEM. Norges Bank purchased a new stake in Newmont in the fourth quarter worth about $626,074,000. Nuveen LLC purchased a new stake in Newmont in the first quarter worth about $306,507,000. Pacer Advisors Inc. increased its position in Newmont by 4,203.5% in the first quarter. Pacer Advisors Inc. now owns 5,376,551 shares of the basic materials company’s stock worth $259,580,000 after buying an additional 5,251,616 shares in the last quarter. Assenagon Asset Management S.A. increased its position in Newmont by 1,502.5% in the second quarter. Assenagon Asset Management S.A. now owns 4,692,606 shares of the basic materials company’s stock worth $273,391,000 after buying an additional 4,399,778 shares in the last quarter. Finally, Voloridge Investment Management LLC purchased a new stake in Newmont in the fourth quarter worth about $92,693,000. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Insider Transactions at Newmont

In other Newmont news, EVP Peter Toth sold 3,000 shares of the stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $54.09, for a total value of $162,270.00. Following the transaction, the executive vice president owned 77,526 shares of the company’s stock, valued at approximately $4,193,381.34. This represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bruce R. Brook sold 2,077 shares of the 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 transaction, the director directly owned 43,103 shares in the company, valued at approximately $2,532,301.25. This represents a 4.60% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 12,231 shares of company stock worth $679,813. 0.05% of the stock is owned by corporate insiders.

Newmont Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Tuesday, May 27th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date was Tuesday, May 27th. Newmont’s payout ratio is currently 22.42%.

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.