Stifel Canada Estimates Kinross Gold FY2025 Earnings

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Equities researchers at Stifel Canada issued their FY2025 EPS estimates for Kinross Gold in a report issued on Wednesday, March 19th. Stifel Canada analyst R. Profiti forecasts that the mining company will earn $0.80 per share for the year. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share. Stifel Canada also issued estimates for Kinross Gold’s FY2026 earnings at $0.70 EPS and FY2027 earnings at $0.56 EPS.

Kinross Gold (NYSE:KGC) (TSE:K) last announced its quarterly earnings results on Wednesday, February 12th. The mining company reported $0.20 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%.

A number of other research analysts have also recently issued reports on KGC. StockNews.com raised Kinross Gold from a “buy” rating to a “strong-buy” rating in a report on Friday, March 14th. CIBC raised their target price on Kinross Gold from $13.00 to $14.00 and gave the company an “outperform” rating in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $11.63.

Kinross Gold Stock Up 0.9 %

Shares of KGC stock opened at $12.32 on Friday. The stock has a market cap of $15.14 billion, a P/E ratio of 15.99, a price-to-earnings-growth ratio of 0.68 and a beta of 1.29. The stock has a fifty day moving average price of $11.17 and a 200 day moving average price of $10.23. Kinross Gold has a one year low of $5.64 and a one year high of $12.39. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 0.83.

Kinross Gold Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend was Wednesday, March 5th. Kinross Gold’s payout ratio is 15.58%.

Institutional Investors Weigh In On Kinross Gold

Institutional investors have recently bought and sold shares of the company. PKO Investment Management Joint Stock Co acquired a new position in shares of Kinross Gold during the 4th quarter worth approximately $5,398,000. Comprehensive Money Management Services LLC bought a new stake in shares of Kinross Gold during the 4th quarter valued at $312,000. Polar Asset Management Partners Inc. lifted its position in shares of Kinross Gold by 93.0% during the 4th quarter. Polar Asset Management Partners Inc. now owns 185,313 shares of the mining company’s stock valued at $1,718,000 after acquiring an additional 89,313 shares during the period. Mackenzie Financial Corp lifted its position in shares of Kinross Gold by 21.2% during the 4th quarter. Mackenzie Financial Corp now owns 13,951,818 shares of the mining company’s stock valued at $129,435,000 after acquiring an additional 2,438,445 shares during the period. Finally, Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. bought a new stake in shares of Kinross Gold during the 4th quarter valued at $758,000. Institutional investors own 63.69% of the company’s stock.

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.