Kinross Gold FY2025 EPS Estimate Raised by Stifel Canada

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Research analysts at Stifel Canada boosted their FY2025 EPS estimates for Kinross Gold in a research report issued on Monday, October 21st. Stifel Canada analyst I. Rico now expects that the mining company will earn $1.04 per share for the year, up from their previous estimate of $0.68. The consensus estimate for Kinross Gold’s current full-year earnings is $0.63 per share. Stifel Canada also issued estimates for Kinross Gold’s FY2026 earnings at $0.87 EPS.

Other equities analysts have also issued reports about the stock. StockNews.com lowered shares of Kinross Gold from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, September 25th. Jefferies Financial Group upped their target price on shares of Kinross Gold from $9.00 to $10.00 and gave the stock a “hold” rating in a research report on Friday, October 4th. Scotiabank lifted their price objective on Kinross Gold from $9.50 to $11.00 and gave the stock a “sector outperform” rating in a research note on Monday, August 19th. Finally, CIBC lifted their price objective on Kinross Gold from $8.15 to $12.00 and gave the stock an “outperformer” rating in a research note on Wednesday, July 10th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $9.50.

Kinross Gold Price Performance

Shares of KGC stock opened at $10.71 on Thursday. Kinross Gold has a 1 year low of $4.75 and a 1 year high of $10.82. The firm’s 50 day moving average is $9.44 and its 200-day moving average is $8.40. The firm has a market capitalization of $13.16 billion, a price-to-earnings ratio of 26.12, a PEG ratio of 0.58 and a beta of 1.24. The company has a current ratio of 1.27, a quick ratio of 0.52 and a debt-to-equity ratio of 0.19.

Kinross Gold (NYSE:KGC) (TSE:K) last issued its quarterly earnings data on Wednesday, July 31st. The mining company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. Kinross Gold had a net margin of 10.91% and a return on equity of 9.32%. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the prior year, the firm earned $0.14 earnings per share. The company’s quarterly revenue was up 11.6% compared to the same quarter last year.

Kinross Gold Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Thursday, August 22nd were issued a dividend of $0.03 per share. The ex-dividend date was Thursday, August 22nd. This represents a $0.12 annualized dividend and a yield of 1.12%. Kinross Gold’s payout ratio is presently 29.27%.

Institutional Trading of Kinross Gold

Several institutional investors and hedge funds have recently bought and sold shares of KGC. Atlas Capital Advisors LLC bought a new stake in Kinross Gold during the second quarter worth about $40,000. Advisor Resource Council bought a new stake in Kinross Gold during the first quarter worth about $60,000. Bright Futures Wealth Management LLC. bought a new stake in Kinross Gold during the first quarter worth about $70,000. Fifth Third Bancorp raised its holdings in Kinross Gold by 3,524.4% during the second quarter. Fifth Third Bancorp now owns 9,641 shares of the mining company’s stock worth $80,000 after acquiring an additional 9,375 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in Kinross Gold by 113.1% during the second quarter. Blue Trust Inc. now owns 11,327 shares of the mining company’s stock worth $94,000 after acquiring an additional 6,011 shares in the last quarter. Institutional investors own 63.69% of the company’s stock.

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.