Brokers Offer Predictions for Kinross Gold FY2026 Earnings

Kinross Gold Co. (NYSE:KGC) (TSE:K) – National Bank Financial boosted their FY2026 earnings per share (EPS) estimates for Kinross Gold in a report issued on Wednesday, November 6th. National Bank Financial analyst M. Parkin now forecasts 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.

Kinross Gold (NYSE:KGC) (TSE:K) last released its earnings results on Tuesday, November 5th. The mining company reported $0.24 earnings per share for the quarter, topping 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 business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the business earned $0.12 earnings per share. The firm’s revenue for the quarter was up 29.9% compared to the same quarter last year.

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

Kinross Gold Stock Up 0.6 %

NYSE KGC opened at $9.51 on Monday. The company has a current ratio of 1.61, a quick ratio of 0.63 and a debt-to-equity ratio of 0.18. The stock’s 50 day moving average is $9.75 and its two-hundred day moving average is $8.75. The company has a market capitalization of $11.68 billion, a price-to-earnings ratio of 15.58, a PEG ratio of 0.46 and a beta of 1.22. Kinross Gold has a 1-year low of $4.75 and a 1-year high of $10.82.

Hedge Funds Weigh In On Kinross Gold

A number of large investors have recently modified their holdings of KGC. Atlas Capital Advisors LLC bought a new stake in shares of Kinross Gold in the 2nd quarter valued at about $40,000. Bright Futures Wealth Management LLC. acquired a new stake in shares of Kinross Gold during the 1st quarter worth approximately $70,000. Fifth Third Bancorp increased its holdings in shares of 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 buying an additional 9,375 shares in the last quarter. Blue Trust Inc. raised its position in Kinross Gold by 113.1% in the second quarter. Blue Trust Inc. now owns 11,327 shares of the mining company’s stock valued at $94,000 after purchasing an additional 6,011 shares during the last quarter. Finally, Corundum Trust Company INC acquired a new stake in shares of Kinross Gold during the third quarter valued at about $94,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Kinross Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 28th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.26%. Kinross Gold’s dividend payout ratio is 19.67%.

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.