National Bank Financial Forecasts Kinross Gold Q1 Earnings

Kinross Gold Co. (NYSE:KGC - Free Report) TSE: K - Stock analysts at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for shares of Kinross Gold in a report released on Tuesday, April 22nd. National Bank Financial analyst S. Nagle expects that the mining company will post earnings per share of $0.25 for the quarter. National Bank Financial currently has a "Strong-Buy" rating on the stock. The consensus estimate for Kinross Gold's current full-year earnings is $0.81 per share. National Bank Financial also issued estimates for Kinross Gold's FY2025 earnings at $1.12 EPS.

A number of other brokerages have also issued reports on KGC. Scotiabank restated an "outperform" rating on shares of Kinross Gold in a research note on Monday, April 14th. BMO Capital Markets began coverage on Kinross Gold in a research report on Wednesday, April 16th. They issued an "outperform" rating on the stock. Raymond James raised their price target on shares of Kinross Gold from $12.00 to $15.00 and gave the stock a "market perform" rating in a research report on Friday, April 4th. Stifel Canada upgraded shares of Kinross Gold to a "strong-buy" rating in a research note on Wednesday, March 19th. Finally, National Bankshares restated an "outperform" rating on shares of Kinross Gold in a research report on Wednesday, April 23rd. Two analysts have rated the stock with a hold rating, four have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $13.30.

Kinross Gold Stock Performance

Kinross Gold stock traded down $0.20 during mid-day trading on Thursday, reaching $14.59. 7,215,298 shares of the company traded hands, compared to its average volume of 17,771,938. Kinross Gold has a fifty-two week low of $6.42 and a fifty-two week high of $15.46. The firm's fifty day moving average is $12.50 and its two-hundred day moving average is $11.05. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 0.83. The company has a market capitalization of $17.95 billion, a price-to-earnings ratio of 18.94, a price-to-earnings-growth ratio of 0.68 and a beta of 1.12.

Kinross Gold (NYSE:KGC - Get Free Report) TSE: K last posted 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%.

Kinross Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th were given a $0.03 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.82%. Kinross Gold's dividend payout ratio (DPR) is currently 15.58%.

Institutional Investors Weigh In On Kinross Gold

A number of institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp boosted its position in Kinross Gold by 6.3% during the first quarter. Bank of New York Mellon Corp now owns 1,559,632 shares of the mining company's stock worth $19,667,000 after purchasing an additional 92,996 shares in the last quarter. World Investment Advisors purchased a new position in shares of Kinross Gold during the 1st quarter valued at approximately $218,000. OneDigital Investment Advisors LLC increased its holdings in Kinross Gold by 12.5% in the 1st quarter. OneDigital Investment Advisors LLC now owns 11,273 shares of the mining company's stock worth $142,000 after acquiring an additional 1,250 shares in the last quarter. D.A. Davidson & CO. increased its holdings in Kinross Gold by 278.5% in the 1st quarter. D.A. Davidson & CO. now owns 57,911 shares of the mining company's stock worth $730,000 after acquiring an additional 42,610 shares in the last quarter. Finally, Mutual Advisors LLC acquired a new position in Kinross Gold during the first quarter worth $136,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

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.