Newmont (NYSE:NEM) Trading Down 2.6% After Analyst Downgrade

Shares of Newmont Corporation (NYSE:NEM) were down 2.6% on Friday after BMO Capital Markets lowered their price target on the stock from $145.00 to $140.00. BMO Capital Markets currently has an outperform rating on the stock. Newmont traded as low as $118.67 and last traded at $122.1590. Approximately 12,500,416 shares traded hands during mid-day trading, an increase of 24% from the average daily volume of 10,060,032 shares. The stock had previously closed at $125.40.

Other equities research analysts have also issued research reports about the stock. National Bank Financial lifted their price objective on shares of Newmont from $120.00 to $140.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Zacks Research downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Stifel Nicolaus increased their price objective on Newmont from $120.00 to $175.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Argus raised their price objective on Newmont from $75.00 to $94.00 in a report on Friday, November 21st. Finally, TD Cowen upped their target price on Newmont from $89.00 to $120.00 and gave the stock a “hold” rating in a report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Newmont presently has a consensus rating of “Moderate Buy” and an average price target of $131.66.

Insider Activity at Newmont

In other news, Director Bruce R. Brook sold 2,080 shares of Newmont stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $92.36, for a total value of $192,108.80. Following the transaction, the director owned 32,709 shares of the company’s stock, valued at $3,021,003.24. The trade was a 5.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.05% of the company’s stock.

More Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Beat expectations: Q4 EPS of $2.52 and revenue of $6.82B topped estimates, driven by higher realized gold prices and margin expansion. Read More.
• Positive Sentiment: Record free cash flow and strong profitability in 2025 supported balance sheet and capital flexibility — a reason some investors remain constructive. Read More.
• Positive Sentiment: Dividend increase: the company raised the quarterly payout to $0.26 (4% increase), signaling continued shareholder returns. Read More.
• Neutral Sentiment: Mineral reserves declined to 118.2M attributable gold ounces at year‑end 2025 versus 134.1M in 2024 — management attributes the drop mainly to divestments rather than operating shortfalls. Read More.
• Neutral Sentiment: Analyst framing remains mixed-to-favorable: many firms still rate NEM buy/outperform and Zacks highlights it as a strong growth stock based on style scores, leaving upside potential for longer‑term investors. Read More.
• Negative Sentiment: 2026 guidance disappointed: management forecast ~5.3M oz attributable gold production (below 2025), AISC around ~$1,680/oz and sizable sustaining/development capital spending — the softer outlook is the main near‑term headwind. Read More.
• Negative Sentiment: “Sell‑the‑news” reaction: after the strong quarter, investors focused on the muted 2026 outlook and the stock pulled back as a result. Read More.
• Negative Sentiment: Analyst/pricing moves and insider/institutional flows: BMO trimmed its price target (from $145 to $140) and filings show notable insider sales and large institutional reallocations (some big holders reduced positions), which likely added selling pressure. Read More.
• Negative Sentiment: Median analyst targets and positioning: recent medians/targets (Quiver/other services) show some targets below the current price, reinforcing mixed near‑term sentiment. Read More.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dorsey Wright & Associates increased its holdings in shares of Newmont by 7.0% during the fourth quarter. Dorsey Wright & Associates now owns 150,179 shares of the basic materials company’s stock valued at $14,995,000 after acquiring an additional 9,834 shares in the last quarter. Cambient Family Office LLC acquired a new stake in shares of Newmont during the fourth quarter worth $209,000. Wick Capital Partners LLC purchased a new stake in shares of Newmont during the fourth quarter valued at $241,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Newmont in the 4th quarter valued at $540,000. Finally, Compound Planning Inc. raised its stake in Newmont by 5.2% in the 4th quarter. Compound Planning Inc. now owns 21,071 shares of the basic materials company’s stock worth $2,104,000 after acquiring an additional 1,048 shares during the last quarter. 68.85% of the stock is currently owned by hedge funds and other institutional investors.

Newmont Trading Down 2.6%

The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.74 and a current ratio of 2.04. The firm has a market cap of $133.31 billion, a PE ratio of 19.12, a P/E/G ratio of 1.05 and a beta of 0.40. The company has a 50 day simple moving average of $113.12 and a two-hundred day simple moving average of $92.97.

Newmont (NYSE:NEM) last released its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.71. The firm had revenue of $6.82 billion for the quarter, compared to analyst estimates of $6.18 billion. Newmont had a net margin of 31.25% and a return on equity of 23.58%. The business’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.40 earnings per share. Analysts expect that Newmont Corporation will post 3.45 EPS for the current fiscal year.

Newmont Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be given a $0.26 dividend. The ex-dividend date is Tuesday, March 3rd. This represents a $1.04 annualized dividend and a yield of 0.9%. This is a boost from Newmont’s previous quarterly dividend of $0.25. Newmont’s payout ratio is currently 15.53%.

Newmont Company Profile

Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.

Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.