Newmont (NYSE:NEM) Price Target Raised to $125.00

Newmont (NYSE:NEM) had its target price increased by Argus from $94.00 to $125.00 in a report published on Thursday morning,MarketScreener reports. They currently have a buy rating on the basic materials company’s stock.

Other equities research analysts have also issued reports about the stock. Canadian Imperial Bank of Commerce lowered their price target on shares of Newmont from $177.00 to $176.00 and set an “outperform” rating on the stock in a research note on Tuesday. Wall Street Zen downgraded shares of Newmont from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Citigroup lifted their price objective on shares of Newmont from $118.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. Raymond James Financial lifted their price objective on shares of Newmont from $111.00 to $130.00 and gave the company an “outperform” rating in a research report on Thursday, January 15th. Finally, Stifel Nicolaus lifted their price objective on shares of Newmont from $120.00 to $175.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $140.56.

Newmont Stock Up 8.7%

Shares of NEM stock opened at $120.71 on Thursday. The company has a current ratio of 2.29, a quick ratio of 2.02 and a debt-to-equity ratio of 0.16. Newmont has a 1 year low of $48.27 and a 1 year high of $134.88. The firm’s fifty day moving average price is $114.65 and its two-hundred day moving average price is $104.79. The firm has a market capitalization of $130.36 billion, a P/E ratio of 15.66, a PEG ratio of 0.85 and a beta of 0.46.

Newmont (NYSE:NEM) last issued its quarterly earnings results on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.83. Newmont had a net margin of 33.87% and a return on equity of 28.23%. The firm had revenue of $7.31 billion for the quarter, compared to analyst estimates of $6.83 billion. During the same period in the previous year, the business earned $1.25 EPS. The company’s revenue was up 45.8% compared to the same quarter last year. On average, equities analysts predict that Newmont will post 8.94 EPS for the current fiscal year.

Newmont Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 22nd. Stockholders of record on Wednesday, May 27th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, May 27th. Newmont’s dividend payout ratio (DPR) is 13.49%.

Insider Transactions at Newmont

In other news, EVP Peter Toth sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $113.09, for a total transaction of $339,270.00. Following the completion of the sale, the executive vice president owned 52,315 shares in the company, valued at approximately $5,916,303.35. This trade represents a 5.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider David James Fry sold 18,394 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $111.45, for a total transaction of $2,050,011.30. Following the sale, the insider owned 17,147 shares of the company’s stock, valued at approximately $1,911,033.15. This represents a 51.75% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 24,394 shares of company stock valued at $2,713,281. 0.06% of the stock is currently owned by corporate insiders.

Institutional Trading of Newmont

A number of hedge funds have recently modified their holdings of NEM. Norges Bank acquired a new stake in shares of Newmont during the 4th quarter worth about $1,443,128,000. Van ECK Associates Corp lifted its stake 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 buying an additional 5,643,496 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Newmont by 110.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 8,743,228 shares of the basic materials company’s stock worth $873,011,000 after buying an additional 4,588,018 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Newmont by 82.5% during the 4th quarter. AQR Capital Management LLC now owns 7,402,278 shares of the basic materials company’s stock worth $739,117,000 after buying an additional 3,345,543 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in Newmont by 172.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 4,304,215 shares of the basic materials company’s stock worth $362,888,000 after purchasing an additional 2,723,044 shares in the last quarter. Institutional investors and hedge funds own 68.85% of the company’s stock.

Key Headlines Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Beat on earnings and revenue — Newmont delivered Q1 EPS of $2.90 and revenue of $7.31B, well above estimates, driven by higher realized gold prices that lifted margins and year-over-year revenue growth. NEM’s Q1 Earnings and Sales Trounce Estimates on Higher Gold Prices
• Positive Sentiment: Record cash flow and buyback boost — Newmont reported a record quarterly free cash flow (~$3.1B) and the board approved an additional $6B share repurchase authorization after prior programs were exhausted, signaling stronger capital returns ahead. Newmont jumps after record Q1 cash flow and expanded buyback plan
• Positive Sentiment: Dividend maintained/declared — The company declared a quarterly dividend (USD 0.261 per share), underlining a predictable cash-return policy alongside the buyback program. Newmont Generates Record Quarterly Earnings and Free Cash Flow, Reports First Quarter 2026 Results and Announces Increased Share Repurchase Authorization
• Positive Sentiment: Analyst support — Several firms raised price targets or maintained outperform/buy ratings following Q1 results (examples: BMO and Argus), providing further validation for upside. BMO raises Newmont price target
• Neutral Sentiment: Macro/metal price context — Gold has pulled back from its highs this week, which could mute upside if bullion weakens, but Newmont’s results show operating resilience that may offset short-term metal volatility. Gold Faces Headwinds From Calmer Markets, Yet Newmont’s Record Cash Flow Tells Another Story
• Negative Sentiment: Regulatory risk in Ghana — Reuters reports Ghana’s regulator told Newmont and peers to transition mining operations to local contractors by December 2026 or face sanctions, creating potential cost, operational and timing uncertainty for African operations. Ghana directs Newmont, AngloGold to shift mining ops to local firms by December – Reuters
• Negative Sentiment: Insider selling and mixed institutional flows — Recent disclosures show notable insider sales and large institutional portfolio moves, which investors may watch as a potential signal of near-term positioning shifts. Newmont jumps after record Q1 cash flow and expanded buyback plan (insider/holder activity)

About Newmont

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.