Scotiabank Estimates Gold Fields’ FY2026 Earnings (NYSE:GFI)

Gold Fields Limited (NYSE:GFI) – Equities research analysts at Scotiabank decreased their FY2026 earnings per share (EPS) estimates for Gold Fields in a note issued to investors on Friday, August 28th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings per share of $4.26 for the year, down from their previous forecast of $4.43. Scotiabank has a “Sector Perform” rating and a $52.00 price target on the stock. The consensus estimate for Gold Fields’ current full-year earnings is $4.53 per share. Scotiabank also issued estimates for Gold Fields’ FY2027 earnings at $4.18 EPS.

GFI has been the topic of a number of other reports. Weiss Ratings downgraded shares of Gold Fields from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, June 3rd. Royal Bank Of Canada lowered their price objective on shares of Gold Fields from $50.00 to $49.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. JPMorgan Chase & Co. cut their target price on shares of Gold Fields from $75.00 to $55.00 and set an “overweight” rating on the stock in a report on Thursday, July 16th. Zacks Research downgraded Gold Fields from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 21st. Finally, Wall Street Zen cut Gold Fields from a “buy” rating to a “hold” rating in a research report on Saturday. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Gold Fields has an average rating of “Hold” and an average price target of $54.05.

Gold Fields Stock Performance

GFI stock opened at $46.43 on Monday. The company has a current ratio of 1.87, a quick ratio of 1.33 and a debt-to-equity ratio of 0.27. Gold Fields has a 1-year low of $31.11 and a 1-year high of $61.64. The firm has a fifty day moving average price of $37.03 and a two-hundred day moving average price of $42.37.

Hedge Funds Weigh In On Gold Fields

Institutional investors have recently modified their holdings of the company. Millennium Management LLC lifted its position in Gold Fields by 20.3% in the 1st quarter. Millennium Management LLC now owns 191,482 shares of the company’s stock valued at $4,230,000 after purchasing an additional 32,343 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Gold Fields by 2,152.0% during the 1st quarter. NewEdge Advisors LLC now owns 2,252 shares of the company’s stock valued at $50,000 after purchasing an additional 2,152 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Gold Fields in the 1st quarter worth about $236,000. Jones Financial Companies Lllp bought a new position in Gold Fields in the 1st quarter worth about $268,000. Finally, EverSource Wealth Advisors LLC grew its position in Gold Fields by 183.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,935 shares of the company’s stock worth $69,000 after purchasing an additional 1,900 shares during the last quarter. Institutional investors own 24.81% of the company’s stock.

Gold Fields Announces Dividend

The company also recently declared a dividend, which will be paid on Thursday, September 24th. Stockholders of record on Friday, September 11th will be issued a dividend of $1.0144 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a dividend yield of 421.0%.

About Gold Fields

Gold Fields (NYSE: GFI) is a Johannesburg‑based gold mining company that operates as an international producer of gold. Listed on multiple exchanges and traded in the United States via American Depositary Receipts under the ticker GFI, the company focuses on the exploration, development, extraction and processing of gold-bearing ore and the sale of refined gold products. Its operations span several regions, serving global bullion markets and supplying gold for both investment and industrial uses.

The company’s core activities include mine development and underground and open‑pit mining, ore treatment and refining, and ongoing exploration to replace reserves.