Stifel Canada Predicts Kinross Gold’s Q1 Earnings (NYSE:KGC)

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Research analysts at Stifel Canada issued their Q1 2025 earnings per share (EPS) estimates for shares of Kinross Gold in a note issued to investors on Monday, April 21st. Stifel Canada analyst R. Profiti forecasts that the mining company will post earnings per share of $0.23 for the quarter. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share.

A number of other brokerages have also recently issued reports on KGC. StockNews.com raised shares of Kinross Gold from a “buy” rating to a “strong-buy” rating in a report on Friday. CIBC upped their price target on shares of Kinross Gold from $13.00 to $14.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. National Bank Financial upgraded Kinross Gold to a “strong-buy” rating in a research report on Friday, March 21st. BMO Capital Markets initiated coverage on shares of Kinross Gold in a research note on Wednesday, April 16th. They issued an “outperform” rating for the company. Finally, Raymond James raised their target price on Kinross Gold from $12.00 to $15.00 and gave the company a “market perform” rating in a research note on Friday, April 4th. Two analysts have rated the stock with a hold rating, three have given a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $13.30.

Kinross Gold Price Performance

Shares of NYSE KGC opened at $14.96 on Tuesday. The company has a market capitalization of $18.41 billion, a price-to-earnings ratio of 19.43, a price-to-earnings-growth ratio of 0.68 and a beta of 1.12. The business has a 50 day simple moving average of $12.17 and a 200-day simple moving average of $10.87. The company has a current ratio of 2.01, a quick ratio of 0.83 and a debt-to-equity ratio of 0.18. Kinross Gold has a twelve month low of $6.34 and a twelve month high of $15.46.

Kinross Gold (NYSE:KGC) (TSE:K) last released its earnings results on Wednesday, February 12th. The mining company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.03). Kinross Gold had a return on equity of 12.65% and a net margin of 18.43%.

Kinross Gold Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th were given a $0.03 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $0.12 annualized dividend and a dividend yield of 0.80%. Kinross Gold’s dividend payout ratio (DPR) is presently 15.58%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of KGC. Jones Financial Companies Lllp increased its holdings in shares of Kinross Gold by 109.3% in the 4th quarter. Jones Financial Companies Lllp now owns 2,704 shares of the mining company’s stock valued at $25,000 after purchasing an additional 1,412 shares during the period. Mark Sheptoff Financial Planning LLC boosted its stake in shares of Kinross Gold by 30.4% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 4,302 shares of the mining company’s stock valued at $40,000 after buying an additional 1,002 shares during the period. SBI Securities Co. Ltd. purchased a new position in shares of Kinross Gold during the 4th quarter valued at $42,000. Global Retirement Partners LLC increased its stake in shares of Kinross Gold by 747.0% in the fourth quarter. Global Retirement Partners LLC now owns 5,429 shares of the mining company’s stock worth $50,000 after acquiring an additional 4,788 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of Kinross Gold by 188.6% during the first quarter. Farther Finance Advisors LLC now owns 5,599 shares of the mining company’s stock worth $71,000 after acquiring an additional 3,659 shares in the last quarter. 63.69% of the stock is owned by institutional investors and hedge funds.

About Kinross Gold

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.