Stifel Canada Comments on Kinross Gold Q1 Earnings

Kinross Gold Co. (NYSE:KGC - Free Report) TSE: K - Research analysts at Stifel Canada issued their Q1 2025 EPS estimates for Kinross Gold in a research report issued to clients and investors on Monday, April 21st. Stifel Canada analyst R. Profiti forecasts that the mining company will post earnings per share of $0.23 for the quarter. 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.

Kinross Gold (NYSE:KGC - Get Free Report) TSE: K last announced its quarterly earnings results 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 return on equity of 12.65% and a net margin of 18.43%.

Other equities research analysts have also issued reports about the stock. CIBC raised their price objective on shares of Kinross Gold from $13.00 to $14.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. Raymond James lifted their price target on Kinross Gold from $12.00 to $15.00 and gave the company a "market perform" rating in a research note on Friday, April 4th. Scotiabank reiterated an "outperform" rating on shares of Kinross Gold in a report on Monday, April 14th. BMO Capital Markets assumed coverage on Kinross Gold in a research report on Wednesday, April 16th. They issued an "outperform" rating on the stock. Finally, StockNews.com raised Kinross Gold from a "buy" rating to a "strong-buy" rating in a research report on Friday, April 18th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $13.30.

Kinross Gold Stock Down 1.2 %

NYSE KGC traded down $0.18 during trading hours on Tuesday, reaching $14.49. 15,371,924 shares of the company's stock were exchanged, compared to its average volume of 17,814,507. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.83 and a current ratio of 2.01. The company has a market capitalization of $17.83 billion, a price-to-earnings ratio of 18.82, a price-to-earnings-growth ratio of 0.68 and a beta of 1.12. The company's 50-day moving average is $12.36 and its two-hundred day moving average is $10.96. Kinross Gold has a one year low of $6.42 and a one year high of $15.46.

Kinross Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.83%. The ex-dividend date of this dividend was Wednesday, March 5th. Kinross Gold's payout ratio is presently 15.58%.

Institutional Trading of Kinross Gold

Several institutional investors and hedge funds have recently added to or reduced their stakes in KGC. Van ECK Associates Corp increased its stake in shares of Kinross Gold by 62.2% during the 4th quarter. Van ECK Associates Corp now owns 116,323,261 shares of the mining company's stock worth $1,078,330,000 after purchasing an additional 44,610,091 shares during the last quarter. Norges Bank bought a new position in Kinross Gold during the fourth quarter worth about $280,697,000. Man Group plc raised its stake in Kinross Gold by 174.2% in the fourth quarter. Man Group plc now owns 9,243,267 shares of the mining company's stock valued at $85,685,000 after buying an additional 5,871,904 shares during the period. First Eagle Investment Management LLC boosted its stake in shares of Kinross Gold by 80.9% during the 4th quarter. First Eagle Investment Management LLC now owns 12,610,383 shares of the mining company's stock worth $116,898,000 after acquiring an additional 5,639,383 shares during the period. Finally, Artemis Investment Management LLP increased its holdings in shares of Kinross Gold by 365.8% during the 1st quarter. Artemis Investment Management LLP now owns 6,876,921 shares of the mining company's stock worth $86,718,000 after acquiring an additional 5,400,447 shares during the last quarter. 63.69% of the stock is owned by institutional investors.

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.