Kinross Gold Q3 EPS Estimate Decreased by Zacks Research

Kinross Gold Corporation (NYSE:KGC) (TSE:K) – Zacks Research lowered their Q3 2026 earnings estimates for Kinross Gold in a research note issued on Wednesday, August 19th. Zacks Research analyst Team now anticipates that the mining company will post earnings per share of $0.57 for the quarter, down from their prior forecast of $0.76. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $2.63 per share. Zacks Research also issued estimates for Kinross Gold’s FY2026 earnings at $2.63 EPS, Q1 2027 earnings at $0.64 EPS, Q2 2027 earnings at $0.64 EPS, Q3 2027 earnings at $0.57 EPS, Q4 2027 earnings at $0.63 EPS, FY2027 earnings at $2.48 EPS and FY2028 earnings at $2.36 EPS.

A number of other research firms have also recently weighed in on KGC. Royal Bank Of Canada lowered their price target on Kinross Gold from $40.00 to $39.00 and set an “outperform” rating on the stock in a report on Thursday, July 9th. ATB Cormark Capital Markets upgraded Kinross Gold from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 31st. Weiss Ratings lowered shares of Kinross Gold from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, July 28th. UBS Group dropped their price objective on Kinross Gold from $38.00 to $30.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Finally, Freedom Capital raised shares of Kinross Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Kinross Gold currently has a consensus rating of “Moderate Buy” and an average price target of $38.43.

Kinross Gold Stock Up 5.3%

KGC stock opened at $31.49 on Friday. The company has a market cap of $37.35 billion, a P/E ratio of 11.93, a P/E/G ratio of 0.80 and a beta of 0.78. Kinross Gold has a 52 week low of $19.07 and a 52 week high of $39.11. The company’s 50-day moving average price is $25.11 and its 200 day moving average price is $29.09. The company has a current ratio of 2.89, a quick ratio of 1.95 and a debt-to-equity ratio of 0.08.

Kinross Gold (NYSE:KGC) (TSE:K) last released its quarterly earnings data on Wednesday, July 29th. The mining company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.05. The firm had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Kinross Gold had a return on equity of 34.00% and a net margin of 37.52%.Kinross Gold’s revenue was up 29.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.44 earnings per share.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Parallel Advisors LLC boosted its holdings in shares of Kinross Gold by 3.2% during the 4th quarter. Parallel Advisors LLC now owns 9,310 shares of the mining company’s stock worth $262,000 after buying an additional 292 shares during the period. Turning Point Benefit Group Inc. raised its holdings in Kinross Gold by 6.6% in the 4th quarter. Turning Point Benefit Group Inc. now owns 6,315 shares of the mining company’s stock worth $178,000 after acquiring an additional 393 shares during the period. Caitlin John LLC raised its holdings in Kinross Gold by 42.1% in the 2nd quarter. Caitlin John LLC now owns 1,350 shares of the mining company’s stock worth $32,000 after acquiring an additional 400 shares during the period. Schonfeld Strategic Advisors LLC lifted its position in Kinross Gold by 2.1% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 22,569 shares of the mining company’s stock worth $636,000 after acquiring an additional 473 shares during the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. lifted its position 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 acquiring an additional 500 shares during the last quarter. Institutional investors and hedge funds own 63.69% of the company’s stock.

Kinross Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a $0.04 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.16 annualized dividend and a yield of 0.5%. Kinross Gold’s dividend payout ratio (DPR) is 6.06%.

More Kinross Gold News

Here are the key news stories impacting Kinross Gold this week:

• Positive Sentiment: Higher gold prices have helped lift investor interest in Kinross Gold, as stronger bullion prices can improve realized prices, margins and cash flow for gold producers. Why Kinross Gold Stock Popped on Wednesday What Puts Kinross Gold in Focus as Gold Prices Move?
• Negative Sentiment: Zacks Research reduced its Q3 2026 EPS forecast to $0.57 from $0.76 and cut its FY2026 estimate to $2.63 from $2.79. The firm also lowered FY2027 EPS to $2.48 from $2.83 and FY2028 EPS to $2.36 from $2.78, signaling weaker expected earnings growth.
• Negative Sentiment: The quarterly revisions were also broadly lower: Q1 2027 EPS fell to $0.64 from $0.75, Q2 2027 to $0.64 from $0.72, Q3 2027 to $0.57 from $0.70, and Q4 2027 to $0.63 from $0.66. Estimates for Q1 and Q2 2028 were cut to $0.61 and $0.57, respectively, although Q4 2026 was modestly raised to $0.64 from $0.62.

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.