FY2025 Earnings Estimate for Kinross Gold Issued By Cormark

Kinross Gold Corporation (NYSE:KGC) (TSE:K) – Analysts at Cormark boosted their FY2025 earnings estimates for Kinross Gold in a research note issued on Thursday, November 6th. Cormark analyst R. Gray now forecasts that the mining company will post earnings of $1.71 per share for the year, up from their previous forecast of $1.34. Cormark has a “Hold” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share. Cormark also issued estimates for Kinross Gold’s Q4 2025 earnings at $0.56 EPS, FY2026 earnings at $2.57 EPS and FY2027 earnings at $2.62 EPS.

Several other brokerages have also issued reports on KGC. Canaccord Genuity Group lifted their price target on Kinross Gold from $28.00 to $29.50 and gave the stock a “buy” rating in a research note on Thursday, August 7th. Zacks Research raised Kinross Gold from a “hold” rating to a “strong-buy” rating in a report on Friday, October 17th. Weiss Ratings restated a “buy (a)” rating on shares of Kinross Gold in a research report on Friday, October 31st. TD Securities increased their price target on shares of Kinross Gold from $22.00 to $30.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Finally, Raymond James Financial lifted their price target on shares of Kinross Gold from $20.00 to $25.00 and gave the stock a “market perform” rating in a research note on Friday, October 10th. Four analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Kinross Gold presently has a consensus rating of “Buy” and an average target price of $27.56.

Kinross Gold Stock Up 2.2%

Shares of NYSE:KGC opened at $24.30 on Monday. The firm has a market capitalization of $29.41 billion, a PE ratio of 19.60, a price-to-earnings-growth ratio of 0.42 and a beta of 0.60. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.45 and a current ratio of 2.84. Kinross Gold has a 52-week low of $8.99 and a 52-week high of $27.84. The firm has a fifty day moving average of $23.80 and a 200 day moving average of $18.79.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its quarterly earnings data on Tuesday, November 4th. The mining company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.05. Kinross Gold had a net margin of 25.18% and a return on equity of 20.04%. The firm had revenue of $1.82 billion for the quarter, compared to analysts’ expectations of $1.72 billion. During the same quarter last year, the company posted $0.24 EPS. The business’s quarterly revenue was up 25.8% on a year-over-year basis.

Kinross Gold Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 26th will be given a $0.035 dividend. The ex-dividend date is Wednesday, November 26th. This is an increase from Kinross Gold’s previous quarterly dividend of $0.03. This represents a $0.14 annualized dividend and a yield of 0.6%. Kinross Gold’s dividend payout ratio is presently 9.79%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. GPS Wealth Strategies Group LLC bought a new stake in Kinross Gold during the 3rd quarter valued at $29,000. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in Kinross Gold in the 3rd quarter worth $31,000. Armstrong Advisory Group Inc. increased its position in shares of Kinross Gold by 95.6% in the third quarter. Armstrong Advisory Group Inc. now owns 1,467 shares of the mining company’s stock valued at $36,000 after acquiring an additional 717 shares during the period. Hollencrest Capital Management bought a new position in shares of Kinross Gold during the third quarter valued at about $40,000. Finally, Mather Group LLC. bought a new position in shares of Kinross Gold during the third quarter valued at about $44,000. Institutional investors own 63.69% of the company’s stock.

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.