
Newmont Corporation (NYSE:NEM – Free Report) – Research analysts at Zacks Research raised their Q1 2026 EPS estimates for shares of Newmont in a research report issued on Wednesday, March 4th. Zacks Research analyst Team now expects that the basic materials company will post earnings per share of $1.97 for the quarter, up from their prior forecast of $1.22. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Newmont’s current full-year earnings is $3.45 per share. Zacks Research also issued estimates for Newmont’s Q2 2026 earnings at $2.15 EPS, FY2026 earnings at $7.70 EPS, Q1 2027 earnings at $2.09 EPS, Q2 2027 earnings at $2.09 EPS, Q3 2027 earnings at $2.00 EPS, Q4 2027 earnings at $2.09 EPS, FY2027 earnings at $8.27 EPS and FY2028 earnings at $8.87 EPS.
A number of other equities research analysts have also weighed in on the company. BNP Paribas Exane lifted their price objective on Newmont from $123.00 to $128.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Argus increased their target price on Newmont from $75.00 to $94.00 in a research note on Friday, November 21st. Jefferies Financial Group raised their price target on Newmont from $158.00 to $162.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Weiss Ratings restated a “buy (b-)” rating on shares of Newmont in a research note on Monday, December 29th. Finally, Sanford C. Bernstein raised Newmont from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $121.00 to $157.00 in a report on Friday, February 27th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $134.15.
Newmont Trading Up 0.2%
Shares of Newmont stock opened at $116.37 on Monday. The firm has a market cap of $126.60 billion, a price-to-earnings ratio of 18.21, a price-to-earnings-growth ratio of 0.92 and a beta of 0.39. Newmont has a 52-week low of $42.03 and a 52-week high of $134.88. The company’s 50-day simple moving average is $117.25 and its 200-day simple moving average is $97.14. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16.
Newmont (NYSE:NEM – Get Free Report) last released its earnings results on Thursday, February 19th. The basic materials company reported $2.52 EPS for the quarter, topping the consensus estimate of $1.81 by $0.71. The company had revenue of $6.82 billion during the quarter, compared to analysts’ expectations of $6.18 billion. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The business’s revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the business earned $1.40 EPS.
Newmont Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Tuesday, March 3rd will be paid a dividend of $0.26 per share. This is a boost from Newmont’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, March 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.9%. Newmont’s dividend payout ratio is presently 16.28%.
Institutional Investors Weigh In On Newmont
A number of large investors have recently added to or reduced their stakes in NEM. Norges Bank acquired a new stake in shares of Newmont in the second quarter valued at approximately $919,170,000. Van ECK Associates Corp raised its position in shares of Newmont by 23.4% during the 4th quarter. Van ECK Associates Corp now owns 29,780,063 shares of the basic materials company’s stock worth $2,973,539,000 after purchasing an additional 5,643,496 shares during the last quarter. Invesco Ltd. raised its position in shares of Newmont by 45.0% during the 2nd quarter. Invesco Ltd. now owns 15,587,917 shares of the basic materials company’s stock worth $908,152,000 after purchasing an additional 4,839,447 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Newmont by 110.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 8,743,228 shares of the basic materials company’s stock valued at $873,011,000 after buying an additional 4,588,018 shares in the last quarter. Finally, Boston Partners lifted its stake in Newmont by 4,090.7% in the 2nd quarter. Boston Partners now owns 4,643,057 shares of the basic materials company’s stock valued at $272,558,000 after buying an additional 4,532,263 shares in the last quarter. 68.85% of the stock is owned by institutional investors and hedge funds.
Key Newmont News
Here are the key news stories impacting Newmont this week:
- Positive Sentiment: Zacks upgraded NEM to a Zacks Rank #1 (Strong Buy), which typically attracts buying interest and can lift near-term sentiment among retail and model-driven investors. Newmont (NEM) Upgraded to Strong Buy: Here’s What You Should Know
- Positive Sentiment: Zacks Research has raised near-term EPS estimates for Newmont (Q3 and Q4 2026), lifting fundamentals expectations—this supports higher earnings-per-share forecasts and improves the stock’s forward valuation (consensus full-year EPS ~ $3.45).
- Positive Sentiment: Citigroup raised its price target on NEM to $150, signaling bullish conviction from a major bank and giving investors a higher upside reference point. Citigroup Increases Newmont (NYSE:NEM) Price Target to $150.00
- Positive Sentiment: Geopolitical tensions pushed gold toward record highs, a clear tailwind for gold miners’ revenues and margins—this macro driver supports Newmont’s commodity-linked upside. With Iran Sending Gold Over $5,000, the Best Gold Stocks and ETFs to Buy Now
- Neutral Sentiment: Several pieces discuss whether Wall Street’s optimistic broker recommendations are meaningful; coverage may drive short-term flows but analysts’ consensus is mixed, so impact is uncertain. Is Newmont (NEM) a Buy as Wall Street Analysts Look Optimistic?
- Negative Sentiment: TD Securities reduced its expectations for Newmont, which pressures sentiment from institutional investors and can weigh on short-term performance. TD Securities Has Lowered Expectations for Newmont (NYSE:NEM) Stock Price
- Negative Sentiment: Earlier analyst downgrades triggered a sharp intraday sell-off (reported trading down ~8% after a downgrade), creating lingering volatility and a stubborn headline risk. Newmont (NYSE:NEM) Trading Down 8% After Analyst Downgrade
- Negative Sentiment: Recent write-ups noted material intraday dips (around 2.7–2.8% in prior sessions), reflecting that selling pressure can reappear despite positive analyst notes. Why Newmont Corporation (NEM) Dipped More Than Broader Market Today
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.
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