FY2026 EPS Estimates for Kinross Gold Cut by Scotiabank

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Stock analysts at Scotiabank lowered their FY2026 earnings per share estimates for Kinross Gold in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the mining company will post earnings per share of $0.58 for the year, down from their previous forecast of $0.64. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share.

Kinross Gold (NYSE:KGC) (TSE:K) last announced its quarterly earnings data on Wednesday, February 12th. The mining company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.03). Kinross Gold had a net margin of 18.43% and a return on equity of 12.65%.

KGC has been the topic of several other reports. CIBC boosted their price target on Kinross Gold from $13.00 to $14.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. National Bank Financial upgraded Kinross Gold to a “strong-buy” rating in a research note on Friday, March 21st. StockNews.com lowered shares of Kinross Gold from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Stifel Canada upgraded Kinross Gold to a “strong-buy” rating in a research report on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $11.63.

Kinross Gold Trading Up 0.8 %

Shares of KGC stock opened at $12.30 on Monday. The company has a quick ratio of 0.83, a current ratio of 2.01 and a debt-to-equity ratio of 0.18. The stock has a market cap of $15.13 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 0.68 and a beta of 1.29. The firm’s 50 day moving average price is $11.29 and its two-hundred day moving average price is $10.32. Kinross Gold has a fifty-two week low of $5.67 and a fifty-two week high of $12.59.

Hedge Funds Weigh In On Kinross Gold

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its holdings in Kinross Gold by 109.3% during the fourth quarter. Jones Financial Companies Lllp now owns 2,704 shares of the mining company’s stock worth $25,000 after buying an additional 1,412 shares in the last quarter. Mark Sheptoff Financial Planning LLC grew its stake in shares of Kinross Gold by 30.4% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 4,302 shares of the mining company’s stock valued at $40,000 after buying an additional 1,002 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Kinross Gold during the 4th quarter worth $42,000. Global Retirement Partners LLC raised its holdings in Kinross Gold by 747.0% during the fourth quarter. Global Retirement Partners LLC now owns 5,429 shares of the mining company’s stock valued at $50,000 after buying an additional 4,788 shares in the last quarter. Finally, Avior Wealth Management LLC raised its stake in shares of Kinross Gold by 246.3% in the 4th quarter. Avior Wealth Management LLC now owns 7,227 shares of the mining company’s stock valued at $67,000 after acquiring an additional 5,140 shares in the last quarter. 63.69% of the stock is owned by institutional investors.

Kinross Gold Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date was Wednesday, March 5th. Kinross Gold’s dividend payout ratio is currently 15.58%.

Kinross Gold Company Profile

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.