FY2026 EPS Estimates for Kinross Gold Lifted by Analyst

Kinross Gold Co. (NYSE:KGC) (TSE:K) – National Bank Financial lifted their FY2026 earnings estimates for Kinross Gold in a research note issued to investors on Wednesday, November 6th. National Bank Financial analyst M. Parkin now anticipates that the mining company will post earnings of $1.02 per share for the year, up from their prior estimate of $0.56. The consensus estimate for Kinross Gold’s current full-year earnings is $0.69 per share.

A number of other equities research analysts also recently commented on KGC. Scotiabank lifted their price target on shares of Kinross Gold from $9.50 to $11.00 and gave the stock a “sector outperform” rating in a report on Monday, August 19th. StockNews.com upgraded Kinross Gold from a “buy” rating to a “strong-buy” rating in a report on Saturday. Finally, Jefferies Financial Group increased their price target on Kinross Gold from $9.00 to $10.00 and gave the stock a “hold” rating in a research note on Friday, October 4th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $9.50.

Kinross Gold Trading Down 9.7 %

Kinross Gold stock opened at $9.45 on Monday. The stock has a 50-day moving average price of $9.74 and a 200 day moving average price of $8.74. Kinross Gold has a 52 week low of $4.75 and a 52 week high of $10.82. The stock has a market cap of $11.61 billion, a PE ratio of 15.49, a P/E/G ratio of 0.51 and a beta of 1.22. The company has a current ratio of 1.61, a quick ratio of 0.52 and a debt-to-equity ratio of 0.18.

Kinross Gold (NYSE:KGC) (TSE:K) last announced its earnings results on Tuesday, November 5th. The mining company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.05. Kinross Gold had a return on equity of 11.49% and a net margin of 15.23%. The firm had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the prior year, the firm earned $0.12 EPS. Kinross Gold’s quarterly revenue was up 29.9% on a year-over-year basis.

Kinross Gold Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 28th will be issued a dividend of $0.03 per share. The ex-dividend date is Wednesday, November 27th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.27%. Kinross Gold’s payout ratio is 19.67%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Atlas Capital Advisors LLC purchased a new position in shares of Kinross Gold in the 2nd quarter worth about $40,000. Fifth Third Bancorp raised its holdings in Kinross Gold by 3,524.4% in the second quarter. Fifth Third Bancorp now owns 9,641 shares of the mining company’s stock valued at $80,000 after buying an additional 9,375 shares during the period. Corundum Trust Company INC acquired a new position in Kinross Gold during the third quarter valued at approximately $94,000. OneDigital Investment Advisors LLC purchased a new stake in Kinross Gold during the third quarter worth approximately $94,000. Finally, Fiera Capital Corp acquired a new stake in shares of Kinross Gold in the third quarter worth $99,000. Institutional investors and hedge funds 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.