Brokers Offer Predictions for Kinross Gold FY2025 Earnings

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Equities researchers at Stifel Canada issued their FY2025 earnings estimates for shares of Kinross Gold in a research report issued on Wednesday, March 19th. Stifel Canada analyst R. Profiti forecasts that the company will post earnings of $1.11 per share for the year. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Kinross Gold's current full-year earnings is $1.01 per share. Stifel Canada also issued estimates for Kinross Gold's FY2026 earnings at $0.93 EPS and FY2027 earnings at $0.75 EPS.

Several other equities research analysts also recently commented on K. National Bank Financial upgraded shares of Kinross Gold to a "strong-buy" rating in a research note on Friday. National Bankshares boosted their price target on shares of Kinross Gold from C$20.00 to C$22.00 and gave the company an "outperform" rating in a research report on Tuesday, February 11th. Five research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of C$17.10.

Kinross Gold Stock Performance

K traded up C$0.09 during trading on Friday, reaching C$17.55. 3,078,366 shares of the company's stock were exchanged, compared to its average volume of 3,587,016. Kinross Gold has a fifty-two week low of C$7.70 and a fifty-two week high of C$17.96. The company has a market capitalization of C$15.26 billion, a P/E ratio of 20.66, a PEG ratio of -0.60 and a beta of 1.24. The company has a quick ratio of 1.11, a current ratio of 1.61 and a debt-to-equity ratio of 18.81. The business has a 50 day moving average price of C$16.20 and a 200 day moving average price of C$14.51.

Kinross Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.68%. Kinross Gold's dividend payout ratio is 18.84%.

Insiders Place Their Bets

In other Kinross Gold news, Senior Officer Claude J.S. Schimper sold 10,000 shares of the company's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of C$15.63, for a total value of C$156,300.00. Also, Director George Vincent Albino bought 5,000 shares of Kinross Gold stock in a transaction dated Tuesday, February 18th. The stock was acquired at an average cost of C$16.07 per share, with a total value of C$80,369.87. Insiders sold a total of 344,670 shares of company stock valued at $5,276,336 over the last ninety days. 0.26% of the stock is currently owned by company insiders.

Kinross Gold Company Profile

Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia.