Analysts Set Expectations for Kinross Gold FY2026 Earnings

Kinross Gold Corporation (NYSE:KGC) (TSE:K) – Equities research analysts at National Bank Financial lifted their FY2026 earnings per share estimates for Kinross Gold in a research note issued to investors on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now anticipates that the mining company will earn $2.05 per share for the year, up from their prior forecast of $1.75. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share.

Kinross Gold (NYSE:KGC) (TSE:K) last released its quarterly earnings data on Wednesday, July 30th. The mining company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.11. Kinross Gold had a return on equity of 20.04% and a net margin of 25.18%.The firm had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter last year, the firm earned $0.14 earnings per share. The business’s revenue for the quarter was up 41.7% on a year-over-year basis.

KGC has been the topic of a number of other research reports. Canaccord Genuity Group lifted their price target on shares of Kinross Gold from $28.00 to $29.50 and gave the stock a “buy” rating in a research note on Thursday, August 7th. CIBC lifted their target price on shares of Kinross Gold from $21.00 to $22.00 and gave the company an “outperformer” rating in a research report on Friday, August 1st. Wall Street Zen lowered shares of Kinross Gold from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 20th. Raymond James Financial upgraded Kinross Gold to a “hold” rating and set a $15.00 target price for the company in a research report on Monday, June 30th. Finally, Royal Bank Of Canada upped their target price on shares of Kinross Gold from $14.00 to $19.00 and gave the stock a “sector perform” rating in a report on Wednesday, June 4th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $21.07.

Kinross Gold Trading Up 1.8%

Shares of NYSE KGC opened at $24.06 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.45 and a current ratio of 2.84. The stock has a market cap of $29.17 billion, a price-to-earnings ratio of 19.40, a PEG ratio of 0.76 and a beta of 0.62. Kinross Gold has a 52 week low of $8.99 and a 52 week high of $24.91. The business has a 50 day simple moving average of $20.03 and a 200 day simple moving average of $16.28.

Institutional Trading of Kinross Gold

A number of institutional investors have recently modified their holdings of the company. Transce3nd LLC boosted its position in Kinross Gold by 128.2% during the 2nd quarter. Transce3nd LLC now owns 2,914 shares of the mining company’s stock worth $46,000 after acquiring an additional 1,637 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in Kinross Gold during the first quarter worth $55,000. MAI Capital Management grew its position in Kinross Gold by 22.0% in the second quarter. MAI Capital Management now owns 5,022 shares of the mining company’s stock valued at $78,000 after purchasing an additional 907 shares in the last quarter. IFP Advisors Inc increased its stake in Kinross Gold by 19.1% in the 2nd quarter. IFP Advisors Inc now owns 5,210 shares of the mining company’s stock valued at $81,000 after buying an additional 835 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Kinross Gold by 188.6% in the 1st quarter. Farther Finance Advisors LLC now owns 5,599 shares of the mining company’s stock valued at $71,000 after buying an additional 3,659 shares during the last quarter. 63.69% of the stock is currently owned by institutional investors.

Kinross Gold Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 21st were paid a $0.03 dividend. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $0.12 dividend on an annualized basis and a yield of 0.5%. Kinross Gold’s dividend payout ratio is presently 9.68%.

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.