Kinross Gold (KGC) to Release Earnings on Wednesday

Kinross Gold (NYSE:KGC) (TSE:K) is anticipated to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 30th. Analysts expect the company to announce earnings of $0.25 per share and revenue of $1.52 billion for the quarter.

Kinross Gold (NYSE:KGC) (TSE:K) last released its quarterly earnings data on Tuesday, May 6th. The mining company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.08. Kinross Gold had a return on equity of 15.63% and a net margin of 21.74%. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the previous year, the company posted $0.10 EPS. The company’s revenue was up 38.5% compared to the same quarter last year. On average, analysts expect Kinross Gold to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Kinross Gold Stock Performance

NYSE:KGC opened at $16.13 on Monday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.83 and a quick ratio of 1.22. Kinross Gold has a 1 year low of $7.84 and a 1 year high of $16.52. The stock’s 50 day simple moving average is $15.35 and its two-hundred day simple moving average is $13.40. The company has a market cap of $19.78 billion, a price-to-earnings ratio of 16.45, a PEG ratio of 0.56 and a beta of 0.63.

Kinross Gold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 12th. Stockholders of record on Thursday, May 29th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend was Thursday, May 29th. Kinross Gold’s dividend payout ratio (DPR) is 12.24%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on KGC. CIBC lifted their target price on Kinross Gold from $16.00 to $21.00 and gave the stock an “outperformer” rating in a report on Tuesday, July 15th. Raymond James Financial raised Kinross Gold to a “hold” rating and set a $15.00 target price for the company in a research report on Monday, June 30th. Scotiabank boosted their price target on Kinross Gold from $16.00 to $17.00 and gave the stock a “sector outperform” rating in a research report on Thursday, May 8th. Royal Bank Of Canada boosted their price target on Kinross Gold from $14.00 to $19.00 and gave the stock a “sector perform” rating in a research report on Wednesday, June 4th. Finally, National Bankshares reissued an “outperform” rating on shares of Kinross Gold in a research report on Tuesday, June 24th. Two investment analysts have rated the stock with a hold rating, four have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $18.00.

Institutional Investors Weigh In On Kinross Gold

An institutional investor recently raised its position in Kinross Gold stock. AQR Capital Management LLC lifted its stake in Kinross Gold Corporation (NYSE:KGC) (TSE:K) by 35.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 70,370 shares of the mining company’s stock after buying an additional 18,287 shares during the quarter. AQR Capital Management LLC’s holdings in Kinross Gold were worth $887,000 as of its most recent SEC filing. 63.69% of the stock is currently owned by institutional investors and hedge funds.

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.