FY2026 EPS Estimates for Kinross Gold Reduced by Analyst

Kinross Gold Corporation (NYSE:KGC) (TSE:K) – Scotiabank decreased their FY2026 earnings per share estimates for Kinross Gold in a report released on Wednesday, July 15th. Scotiabank analyst T. Jakusconek now anticipates that the mining company will post earnings per share of $2.65 for the year, down from their prior estimate of $2.76. Scotiabank currently has a “Sector Outperform” rating and a $41.00 target price on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $2.65 per share.

A number of other research firms have also issued reports on KGC. Royal Bank Of Canada dropped their price objective on shares of Kinross Gold from $40.00 to $39.00 and set an “outperform” rating on the stock in a research note on Thursday, July 9th. Zacks Research downgraded shares of Kinross Gold from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Jefferies Financial Group lowered their price target on shares of Kinross Gold from $41.00 to $38.00 and set a “buy” rating for the company in a report on Monday, July 6th. Freedom Capital raised shares of Kinross Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Finally, ATB Cormark Capital Markets upgraded shares of Kinross Gold from a “hold” rating to a “moderate buy” rating in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Kinross Gold currently has a consensus rating of “Moderate Buy” and an average target price of $37.31.

Kinross Gold Stock Down 0.3%

NYSE KGC opened at $22.50 on Monday. The company has a quick ratio of 1.83, a current ratio of 2.84 and a debt-to-equity ratio of 0.08. Kinross Gold has a fifty-two week low of $15.37 and a fifty-two week high of $39.11. The business has a 50 day moving average price of $26.28 and a two-hundred day moving average price of $30.31. The stock has a market cap of $26.69 billion, a PE ratio of 9.53, a P/E/G ratio of 0.61 and a beta of 0.78.

Kinross Gold (NYSE:KGC) (TSE:K) last announced its earnings results on Wednesday, April 29th. The mining company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.68 by $0.03. The business had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.38 billion. Kinross Gold had a return on equity of 32.47% and a net margin of 35.99%.The company’s revenue was up 60.8% on a year-over-year basis. During the same period last year, the business posted $0.30 EPS.

Kinross Gold Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, May 21st. Kinross Gold’s dividend payout ratio (DPR) is 6.78%.

Institutional Trading of Kinross Gold

Several institutional investors and hedge funds have recently bought and sold shares of KGC. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. lifted its holdings in Kinross Gold by 0.4% during the 2nd quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. now owns 141,100 shares of the mining company’s stock worth $3,329,000 after buying an additional 500 shares during the last quarter. World Equity Group Inc. grew its position in shares of Kinross Gold by 7.1% in the 2nd quarter. World Equity Group Inc. now owns 9,927 shares of the mining company’s stock worth $234,000 after acquiring an additional 662 shares in the last quarter. PensionDanmark Pensionsforsikringsaktieselskab increased its holdings in shares of Kinross Gold by 7.9% in the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 200,966 shares of the mining company’s stock valued at $4,757,000 after acquiring an additional 14,653 shares during the last quarter. 180 Wealth Advisors LLC raised its position in shares of Kinross Gold by 6.5% during the 2nd quarter. 180 Wealth Advisors LLC now owns 33,404 shares of the mining company’s stock valued at $789,000 after acquiring an additional 2,025 shares in the last quarter. Finally, Baron Wealth Management LLC raised its position in shares of Kinross Gold by 3.1% during the 2nd quarter. Baron Wealth Management LLC now owns 21,941 shares of the mining company’s stock valued at $518,000 after acquiring an additional 653 shares in the last quarter. Institutional investors and hedge funds own 63.69% of the company’s stock.

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.