Zacks Research Increases Earnings Estimates for Kinross Gold

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Investment analysts at Zacks Research lifted their Q3 2026 earnings per share estimates for Kinross Gold in a research note issued on Monday, March 2nd. Zacks Research analyst Team now expects that the company will earn $0.83 per share for the quarter, up from their prior estimate of $0.68. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share. Zacks Research also issued estimates for Kinross Gold’s Q3 2027 earnings at $0.78 EPS and FY2028 earnings at $3.56 EPS.

A number of other research analysts have also weighed in on the company. Desjardins set a C$44.00 price objective on Kinross Gold and gave the company a “buy” rating in a research report on Friday, November 28th. Stifel Nicolaus lifted their price target on Kinross Gold from C$45.00 to C$65.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Finally, National Bank Financial raised their price objective on shares of Kinross Gold from C$52.50 to C$60.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$51.50.

Kinross Gold Price Performance

Shares of TSE K opened at C$46.17 on Tuesday. The company has a 50 day simple moving average of C$45.59 and a two-hundred day simple moving average of C$38.09. Kinross Gold has a fifty-two week low of C$15.09 and a fifty-two week high of C$53.57. The company has a market capitalization of C$55.40 billion, a price-to-earnings ratio of 23.68, a P/E/G ratio of -0.60 and a beta of 1.31. The company has a debt-to-equity ratio of 9.08, a quick ratio of 1.11 and a current ratio of 2.35.

Kinross Gold (TSE:K) (NYSE:KGC) last released its earnings results on Wednesday, February 18th. The company reported C$0.92 earnings per share for the quarter. Kinross Gold had a net margin of 33.95% and a return on equity of 30.66%. The firm had revenue of C$2.68 billion for the quarter.

Kinross Gold Company Profile

Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia. The company has historically used acquisitions to fuel expansion into new regions and production growth.