Kinross Gold Corporation (NYSE:KGC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Kinross Gold Corporation (NYSE:KGC) (TSE:K) have been assigned an average recommendation of “Moderate Buy” from the fifteen research firms that are presently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $36.3125.

A number of analysts recently issued reports on the company. Canadian Imperial Bank of Commerce set a $54.00 price objective on Kinross Gold in a research report on Wednesday, February 4th. UBS Group set a $43.00 price target on shares of Kinross Gold in a research report on Friday, January 30th. Desjardins began coverage on shares of Kinross Gold in a report on Friday, November 28th. They issued a “buy” rating on the stock. Zacks Research cut shares of Kinross Gold from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. Finally, Wall Street Zen lowered Kinross Gold from a “strong-buy” rating to a “buy” rating in a research report on Monday.

Institutional Trading of Kinross Gold

Several hedge funds have recently modified their holdings of KGC. AQR Capital Management LLC grew its stake in Kinross Gold by 35.1% during the 1st quarter. AQR Capital Management LLC now owns 70,370 shares of the mining company’s stock worth $887,000 after purchasing an additional 18,287 shares in the last quarter. Caxton Associates LLP purchased a new position in shares of Kinross Gold in the 1st quarter valued at about $158,000. Sivia Capital Partners LLC purchased a new position in shares of Kinross Gold in the 2nd quarter valued at about $167,000. Envestnet Asset Management Inc. grew its position in shares of Kinross Gold by 7.1% during the second quarter. Envestnet Asset Management Inc. now owns 661,549 shares of the mining company’s stock worth $10,340,000 after buying an additional 43,819 shares in the last quarter. Finally, Atria Investments Inc increased its stake in shares of Kinross Gold by 14.2% during the second quarter. Atria Investments Inc now owns 16,660 shares of the mining company’s stock worth $260,000 after buying an additional 2,076 shares during the period. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Key Kinross Gold News

Here are the key news stories impacting Kinross Gold this week:

• Positive Sentiment: Company reported stronger cash flow and announced a dividend increase, highlighting improved free cash generation and returning capital to shareholders. This is a fundamental positive that supports the stock long term. Kinross record cash flow & dividend
• Positive Sentiment: Zacks increased near‑term EPS estimates (Q3 2026/Q3 2027) and published FY2028 outlook, indicating analysts see better earnings trajectory ahead even though the firm rates KGC a “Hold.” Upward estimate revisions are supportive for the stock. Zacks EPS revisions
• Positive Sentiment: Kinross Brazil selected ISNetworld to standardize contractor management — a small but constructive operational move that should help improve safety, compliance and cost controls at Brazilian operations. Kinross Brazil selects ISNetworld
• Neutral Sentiment: TD Securities lowered its price target from $43 to $42 but kept a “Buy” rating — a modestly negative signal (target trimmed) offset by an unchanged buying view and a cited ~25% upside from the then‑price. This mixed action can pressure the stock short term while still implying upside. TD Securities target cut
• Neutral Sentiment: Wall Street Zen changed its rating to “Buy” (coverage note), which is not a strong bullish consensus shift and likely had limited impact relative to larger broker notes. Wall Street Zen rating
• Neutral Sentiment: One listed item (JungKwanJang / Korea Ginseng Corporation) is unrelated to Kinross Gold and has no material relevance to KGC equity performance. Unrelated Korea Ginseng item

Kinross Gold Stock Performance

NYSE KGC opened at $33.79 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.35 and a quick ratio of 1.37. The stock’s 50 day simple moving average is $33.23 and its 200-day simple moving average is $27.54. The company has a market cap of $40.54 billion, a PE ratio of 17.24, a price-to-earnings-growth ratio of 1.85 and a beta of 0.73. Kinross Gold has a 1-year low of $10.42 and a 1-year high of $39.11.

Kinross Gold (NYSE:KGC) (TSE:K) last issued its earnings results on Wednesday, February 18th. The mining company reported $0.67 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.12. Kinross Gold had a net margin of 33.90% and a return on equity of 28.22%. The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.05 billion. During the same period in the prior year, the business earned $0.20 earnings per share. The company’s quarterly revenue was up 42.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Kinross Gold will post 0.81 EPS for the current fiscal year.

Kinross Gold Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be given a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $0.16 annualized dividend and a yield of 0.5%. This is a boost from Kinross Gold’s previous quarterly dividend of $0.04. Kinross Gold’s dividend payout ratio is 7.14%.

Kinross Gold Company Profile

Kinross Gold Corporation (NYSE: KGC) is a Toronto-based precious metals mining company primarily focused on the exploration, development and production of gold, with silver recovered as a by-product at some operations. The company’s activities span the full mining lifecycle, including discovery and resource delineation, mine construction and operation, ore processing, and eventual site reclamation and closure. Kinross sells refined gold produced at its processing facilities and manages associated logistics and processing arrangements to deliver metal to market.

Kinross operates a portfolio of producing mines and development projects across multiple regions, with a significant presence in the Americas and West Africa.