FY2025 EPS Estimates for Gold Fields Boosted by Scotiabank

Gold Fields Limited (NYSE:GFI) – Analysts at Scotiabank increased their FY2025 earnings per share (EPS) estimates for Gold Fields in a research note issued on Tuesday, October 28th. Scotiabank analyst T. Jakusconek now forecasts that the company will earn $3.04 per share for the year, up from their prior estimate of $2.70. Scotiabank currently has a “Sector Perform” rating and a $47.00 target price on the stock. The consensus estimate for Gold Fields’ current full-year earnings is $1.97 per share. Scotiabank also issued estimates for Gold Fields’ FY2026 earnings at $3.78 EPS.

Other equities analysts also recently issued reports about the company. Investec downgraded Gold Fields from a “buy” rating to a “hold” rating in a research report on Friday, October 10th. Canaccord Genuity Group downgraded Gold Fields from a “buy” rating to a “hold” rating and set a $39.00 price target on the stock. in a research report on Monday, October 13th. Wall Street Zen downgraded Gold Fields from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 18th. Weiss Ratings reissued a “buy (b)” rating on shares of Gold Fields in a research report on Wednesday, October 8th. Finally, HSBC reissued a “hold” rating on shares of Gold Fields in a research report on Thursday, October 9th. Three analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Gold Fields has a consensus rating of “Hold” and a consensus target price of $40.43.

Gold Fields Stock Down 0.9%

Shares of GFI stock opened at $38.42 on Friday. The business’s fifty day simple moving average is $39.01 and its 200-day simple moving average is $29.63. Gold Fields has a 12-month low of $12.98 and a 12-month high of $47.18.

Gold Fields Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, September 25th. Shareholders of record on Friday, September 12th were issued a $0.3993 dividend. The ex-dividend date of this dividend was Friday, September 12th. This is a positive change from Gold Fields’s previous semi-annual dividend of $0.38. This represents a yield of 130.0%.

Institutional Investors Weigh In On Gold Fields

Several hedge funds have recently added to or reduced their stakes in GFI. Bridgewater Advisors Inc. boosted its stake in shares of Gold Fields by 1.8% during the 2nd quarter. Bridgewater Advisors Inc. now owns 20,375 shares of the company’s stock worth $516,000 after acquiring an additional 354 shares in the last quarter. CWM LLC boosted its stake in shares of Gold Fields by 24.7% during the 3rd quarter. CWM LLC now owns 2,086 shares of the company’s stock worth $88,000 after acquiring an additional 413 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Gold Fields by 31.8% during the 2nd quarter. Allworth Financial LP now owns 2,007 shares of the company’s stock worth $48,000 after acquiring an additional 484 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of Gold Fields by 0.9% during the 3rd quarter. Park Avenue Securities LLC now owns 58,568 shares of the company’s stock worth $2,458,000 after acquiring an additional 495 shares in the last quarter. Finally, Signaturefd LLC boosted its stake in shares of Gold Fields by 6.0% during the 2nd quarter. Signaturefd LLC now owns 9,714 shares of the company’s stock worth $230,000 after acquiring an additional 546 shares in the last quarter. 24.81% of the stock is owned by hedge funds and other institutional investors.

Gold Fields Company Profile

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Canada, Australia, and Peru. It also explores for copper and silver deposits. The company was founded in 1887 and is based in Sandton, South Africa.