Kinross Gold (NYSE:KGC) Price Target Lowered to $42.00 at TD Securities

Kinross Gold (NYSE:KGC) (TSE:K) had its price objective decreased by TD Securities from $43.00 to $42.00 in a research report released on Tuesday morning,BayStreet.CA reports. TD Securities currently has a buy rating on the mining company’s stock.

A number of other research firms have also issued reports on KGC. UBS Group set a $43.00 target price on Kinross Gold in a report on Friday, January 30th. Wall Street Zen cut Kinross Gold from a “strong-buy” rating to a “buy” rating in a research note on Monday. Desjardins assumed coverage on Kinross Gold in a research report on Friday, November 28th. They set a “buy” rating for the company. Scotiabank upped their target price on shares of Kinross Gold from $32.00 to $45.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Finally, Zacks Research downgraded shares of Kinross Gold from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Kinross Gold has a consensus rating of “Moderate Buy” and an average price target of $36.31.

Kinross Gold Price Performance

Shares of KGC opened at $33.79 on Tuesday. The company has a market cap of $40.54 billion, a P/E ratio of 17.24, a PEG ratio of 1.85 and a beta of 0.73. Kinross Gold has a fifty-two week low of $10.42 and a fifty-two week high of $39.11. The company has a quick ratio of 1.37, a current ratio of 2.35 and a debt-to-equity ratio of 0.08. The firm’s 50 day moving average price is $33.23 and its 200 day moving average price is $27.54.

Kinross Gold (NYSE:KGC) (TSE:K) last issued its quarterly earnings results on Wednesday, February 18th. The mining company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.55 by $0.12. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.05 billion. Kinross Gold had a net margin of 33.90% and a return on equity of 28.22%. The firm’s revenue was up 42.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.20 EPS. On average, research analysts forecast that Kinross Gold will post 0.81 earnings per share 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. Investors of record on Wednesday, March 11th will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. This is a positive change from Kinross Gold’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend is Wednesday, March 11th. Kinross Gold’s dividend payout ratio is currently 7.14%.

Institutional Trading of Kinross Gold

Institutional investors have recently modified their holdings of the stock. Massachusetts Financial Services Co. MA boosted its position in shares of Kinross Gold by 192.1% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,647,057 shares of the mining company’s stock worth $90,629,000 after purchasing an additional 2,398,621 shares in the last quarter. Osaic Holdings Inc. lifted its stake in shares of Kinross Gold by 203.0% in the second quarter. Osaic Holdings Inc. now owns 152,755 shares of the mining company’s stock valued at $2,388,000 after purchasing an additional 102,348 shares during the period. U S Global Investors Inc. boosted its holdings in Kinross Gold by 60.5% during the third quarter. U S Global Investors Inc. now owns 417,334 shares of the mining company’s stock worth $10,371,000 after buying an additional 157,334 shares in the last quarter. Dynasty Wealth Management LLC grew its position in Kinross Gold by 185.4% during the third quarter. Dynasty Wealth Management LLC now owns 226,215 shares of the mining company’s stock worth $5,621,000 after buying an additional 146,955 shares during the period. Finally, Campbell & CO Investment Adviser LLC purchased a new position in Kinross Gold in the third quarter valued at about $1,253,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

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

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.