Top-Rated StocksTop-RatedNYSE:NEM Newmont (NEM) Stock Price, News & Analysis $56.49 +0.22 (+0.39%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Newmont Stock (NYSE:NEM) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Newmont alerts:Sign Up Key Stats Today's Range$56.34▼$57.0350-Day Range$47.71▼$56.4952-Week Range$29.42▼$57.32Volume5.01 million shsAverage Volume10.18 million shsMarket Capitalization$65.14 billionP/E RatioN/ADividend Yield1.77%Price Target$53.46Consensus RatingModerate Buy Company OverviewNewmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana. The company was founded in 1916 and is headquartered in Denver, Colorado.Read More… The real reason Elon is fully endorsing Trump (Ad)Elon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump. Watch this new documentary and you’ll discover what Elon knows, Newmont Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks93rd Percentile Overall ScoreNEM MarketRank™: Newmont scored higher than 93% of companies evaluated by MarketBeat, and ranked 24th out of 194 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.5 / 5Analyst RatingModerate Buy Consensus RatingNewmont has received a consensus rating of Moderate Buy. The company's average rating score is 2.94, and is based on 10 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageNewmont has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Newmont's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth20.65% Earnings GrowthEarnings for Newmont are expected to grow by 20.65% in the coming year, from $3.10 to $3.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Newmont is -26.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Newmont is -26.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioNewmont has a PEG Ratio of 0.43. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNewmont has a P/B Ratio of 2.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Newmont's valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.63% of the float of Newmont has been sold short.Short Interest Ratio / Days to CoverNewmont has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Newmont has recently decreased by 11.35%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldNewmont pays a meaningful dividend of 1.82%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNewmont does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Newmont will have a dividend payout ratio of 26.74% next year. This indicates that Newmont will be able to sustain or increase its dividend.Read more about Newmont's dividend. Sustainability and ESG0.0 / 5Environmental Score-6.71 Percentage of Shares Shorted1.63% of the float of Newmont has been sold short.Short Interest Ratio / Days to CoverNewmont has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Newmont has recently decreased by 11.35%, indicating that investor sentiment is improving significantly. News and Social Media3.1 / 5News Sentiment0.50 News SentimentNewmont has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Newmont this week, compared to 13 articles on an average week.Search InterestOnly 38 people have searched for NEM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows35 people have added Newmont to their MarketBeat watchlist in the last 30 days. This is an increase of 289% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Newmont insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,434,640.00 in company stock.Percentage Held by InsidersOnly 0.06% of the stock of Newmont is held by insiders.Percentage Held by Institutions68.85% of the stock of Newmont is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Newmont's insider trading history. Receive NEM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Newmont and its competitors with MarketBeat's FREE daily newsletter. Email Address NEM Stock News HeadlinesNewmont Co. (NYSE:NEM) EVP Peter Toth Sells 3,000 SharesOctober 4, 2024 | insidertrades.comNewmont Co. (NYSE:NEM) CEO Thomas Ronald Palmer Sells 20,000 SharesOctober 4, 2024 | insidertrades.comCrypto’s next big bull run?Juan Villaverde may be America’s top crypto expert. And he says something big is coming for crypto – on November 5. Just a day after the American election, Juan believes crypto could start a massive run up …October 17, 2024 | Weiss Ratings (Ad)Gold Rush Continues: Time to Buy More or Take Profits?Gold has surged nearly 40% over the past year, driven by a weakening U.S. dollar and expectations of further interest rate cuts by the Federal Reserve.September 25, 2024 | marketbeat.comPrepare for a Silver Surge: Best Mining Stocks to Watch Now (NEM)Silver has soared about 30% in the last year but remains more affordable for most investors than gold; mining companies offer a way to gain indirect exposure.September 20, 2024 | marketbeat.comNewmont (NYSE:NEM) Price Target Raised to $67.00 at UBS GroupOctober 16 at 4:27 AM | americanbankingnews.comNewmont and MKS PAMP Partner to Launch Mine-to-Market Traceable Gold Bar at the Largest U.S. WholesalerOctober 15 at 6:43 AM | finance.yahoo.comQ3 2024 EPS Estimates for Newmont Co. (NYSE:NEM) Cut by AnalystOctober 13, 2024 | americanbankingnews.comSee More Headlines NEM Stock Analysis - Frequently Asked Questions How have NEM shares performed this year? Newmont's stock was trading at $41.39 on January 1st, 2024. Since then, NEM shares have increased by 36.5% and is now trading at $56.49. View the best growth stocks for 2024 here. How were Newmont's earnings last quarter? Newmont Co. (NYSE:NEM) posted its quarterly earnings results on Wednesday, July, 24th. The basic materials company reported $0.72 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.10. Newmont's revenue for the quarter was up 64.1% compared to the same quarter last year. Read the conference call transcript. Does Newmont have any subsidiaries? Newmont subsidiaries include these companies: AC40689 Limited, Administradora de Negocios Mineros S.A. de C.V., Australian Capital Territory, Battle Mountain Resources Inc., Cayman Pampas Ltd., Con Exploration Ltd., Datawave Sciences Inc., and others. Who are Newmont's major shareholders? Top institutional investors of Newmont include Maj Invest Holding A S (0.29%), Artemis Investment Management LLP (0.16%), SG Americas Securities LLC (0.07%) and Perpetual Ltd (0.07%). Insiders that own company stock include Thomas Ronald Palmer, Peter Toth, Stephen P Gottesfeld, Robert D Atkinson, Nancy Buese, Mark David Ebel, Mark Casper, Dean Gehring, Blake Rhodes and Nancy Lipson. View institutional ownership trends. How do I buy shares of Newmont? Shares of NEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Newmont own? Based on aggregate information from My MarketBeat watchlists, some other companies that Newmont investors own include Humana (HUM), Verizon Communications (VZ), American Water Works (AWK), NVIDIA (NVDA), Waste Connections (WCN), Voyager Therapeutics (VYGR) and Meta Platforms (META). Company Calendar Last Earnings7/24/2024Ex-Dividend for 9/30 Dividend9/05/2024Dividend Payable9/30/2024Today10/17/2024Next Earnings (Confirmed)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Gold Sub-IndustryGold Current SymbolNYSE:NEM CUSIP65163910 CIK1164727 Webwww.newmontgoldcorp.com Phone(303) 863-7414Fax303-837-5837Employees21,700Year Founded1921Price Target and Rating Average Stock Price Target$53.46 High Stock Price Target$67.00 Low Stock Price Target$40.00 Potential Upside/Downside-5.4%Consensus RatingModerate Buy Rating Score (0-4)2.94 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)($2.67) Trailing P/E RatioN/A Forward P/E Ratio18.23 P/E Growth0.43Net Income$-2,494,000,000.00 Net Margins-13.16% Pretax Margin-9.45% Return on Equity8.35% Return on Assets4.37% Debt Debt-to-Equity Ratio0.31 Current Ratio2.11 Quick Ratio1.85 Sales & Book Value Annual Sales$14.88 billion Price / Sales4.38 Cash Flow$3.22 per share Price / Cash Flow17.53 Book Value$25.35 per share Price / Book2.23Miscellaneous Outstanding Shares1,153,140,000Free Float1,146,741,000Market Cap$65.15 billion OptionableOptionable Beta0.50 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report This page (NYSE:NEM) was last updated on 10/17/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredRetire off just one stock ticker?ONE AI Stock is All You Need... There are over 6,000 stocks listed in the market right now. 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