Zacks Research Has Positive View of Kinross Gold Q3 Earnings

Kinross Gold Corporation (NYSE:KGC) (TSE:K) – Equities research analysts at Zacks Research increased their Q3 2026 earnings per share (EPS) estimates for shares of Kinross Gold in a research note issued on Monday, March 2nd. Zacks Research analyst Team now anticipates that the mining company will post earnings per share of $0.61 for the quarter, up from their previous estimate of $0.48. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share. Zacks Research also issued estimates for Kinross Gold’s Q3 2027 earnings at $0.57 EPS and FY2028 earnings at $2.61 EPS.

Several other brokerages also recently weighed in on KGC. Canadian Imperial Bank of Commerce set a $54.00 target price on shares of Kinross Gold in a report on Wednesday, February 4th. Desjardins started coverage on shares of Kinross Gold in a research report on Friday, November 28th. They issued a “buy” rating for the company. Weiss Ratings reaffirmed a “buy (a)” rating on shares of Kinross Gold in a report on Wednesday, January 28th. UBS Group set a $43.00 target price on Kinross Gold in a research note on Friday, January 30th. Finally, Scotiabank raised their price target on Kinross Gold from $32.00 to $45.00 and gave the company an “outperform” rating in a report on Monday, January 26th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $36.31.

Kinross Gold Stock Performance

Shares of KGC opened at $33.79 on Tuesday. The stock has a market capitalization of $40.54 billion, a P/E ratio of 17.24, a P/E/G ratio of 1.85 and a beta of 0.73. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.37 and a current ratio of 2.35. Kinross Gold has a 1 year low of $10.42 and a 1 year high of $39.11. The company’s fifty day moving average is $33.23 and its two-hundred day moving average is $27.54.

Kinross Gold (NYSE:KGC) (TSE:K) last released its quarterly earnings results on Wednesday, February 18th. The mining company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.55 by $0.12. Kinross Gold had a return on equity of 28.22% and a net margin of 33.90%.The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter 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.

Institutional Investors Weigh In On Kinross Gold

A number of hedge funds and other institutional investors have recently modified their holdings of KGC. Van ECK Associates Corp increased its stake in Kinross Gold by 7.8% in the 3rd quarter. Van ECK Associates Corp now owns 107,960,623 shares of the mining company’s stock valued at $2,682,791,000 after purchasing an additional 7,825,336 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Kinross Gold by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 50,887,386 shares of the mining company’s stock valued at $1,433,345,000 after buying an additional 148,845 shares in the last quarter. Boston Partners raised its stake in shares of Kinross Gold by 1.6% during the 3rd quarter. Boston Partners now owns 45,120,345 shares of the mining company’s stock worth $1,133,463,000 after buying an additional 707,498 shares during the last quarter. FIL Ltd raised its stake in shares of Kinross Gold by 4.8% during the 4th quarter. FIL Ltd now owns 29,146,959 shares of the mining company’s stock worth $820,969,000 after buying an additional 1,326,833 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Kinross Gold in the 2nd quarter worth about $389,025,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Kinross Gold Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be given a dividend of $0.04 per share. The ex-dividend date is Wednesday, March 11th. This is an increase from Kinross Gold’s previous quarterly dividend of $0.04. This represents a $0.16 annualized dividend and a yield of 0.5%. Kinross Gold’s dividend payout ratio (DPR) is currently 7.14%.

Kinross Gold News Summary

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

About Kinross Gold

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.