NYSE:NEM Newmont (NEM) Stock Price, News & Analysis $50.34 -1.59 (-3.06%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$50.23▼$52.3650-Day Range$41.65▼$53.4052-Week Range$29.42▼$53.88Volume6.48 million shsAverage Volume10.57 million shsMarket Capitalization$58.05 billionP/E RatioN/ADividend Yield1.99%Price Target$51.46 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Newmont alerts: Email Address Newmont MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.88 Rating ScoreUpside/Downside2.2% Upside$51.46 Price TargetShort InterestHealthy1.57% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-6.71Upright™ Environmental ScoreNews Sentiment0.74Based on 22 Articles This WeekInsider TradingSelling Shares$2.74 M Sold Last QuarterProj. Earnings Growth20.57%From $2.82 to $3.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.12 out of 5 starsBasic Materials Sector59th out of 180 stocksGold & Silver Ores Industry8th out of 39 stocks 2.4 Analyst's Opinion Consensus RatingNewmont has received a consensus rating of Moderate Buy. The company's average rating score is 2.88, and is based on 10 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageNewmont has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Newmont's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.57% of the float of Newmont has been sold short.Short Interest Ratio / Days to CoverNewmont has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Newmont has recently increased by 5.98%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldNewmont pays a meaningful dividend of 1.88%, 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 29.41% next year. This indicates that Newmont will be able to sustain or increase its dividend.Read more about Newmont's dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNewmont has received a -117.96% net impact score from Upright. The largest negative impact of Newmont Mining in category "GHG emissions" seems to be driven mostly by its "Construction of mine infrastructure", "Copper", and "Mining process engineering" products. See details.Environmental SustainabilityThe Environmental Impact score for Newmont is -6.71. Previous Next 2.6 News and Social Media Coverage News SentimentNewmont has a news sentiment score of 0.74. 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 0.46 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 22 news articles for Newmont this week, compared to 13 articles on an average week.Search InterestOnly 37 people have searched for NEM on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 16 people have added Newmont to their MarketBeat watchlist in the last 30 days. This is a decrease of -54% compared to the previous 30 days. Previous Next 2.5 Company Ownership 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 $2,744,700.00 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Newmont are expected to grow by 20.57% in the coming year, from $2.82 to $3.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Newmont is -18.85, 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 -18.85, 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 0.39. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNewmont has a P/B Ratio of 1.95. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss Ratings“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. About Newmont Stock (NYSE:NEM)Newmont 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 NEM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NEM Stock News HeadlinesSeptember 6 at 8:50 AM | insidertrades.comPeter Toth Sells 3,000 Shares of Newmont Co. (NYSE:NEM) StockAugust 13, 2024 | marketbeat.comBarrick Gold Stock Rallies With Commodity Cycle Strength (NEM)Barrick Gold stock shows investors just why management is buying back stock, and why there are no short sellers who dare go against this company after earningsSeptember 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. September 7 at 5:55 AM | americanbankingnews.comInsider Selling: Newmont Co. (NYSE:NEM) EVP Sells 3,000 Shares of StockSeptember 7 at 4:51 AM | americanbankingnews.comThomas Ronald Palmer Sells 20,000 Shares of Newmont Co. (NYSE:NEM) StockSeptember 6 at 7:43 PM | marketwatch.comNewmont Corp. stock falls Friday, underperforms marketSeptember 6 at 7:43 PM | seekingalpha.comNewmont Corporation: Valuation Driven By Investor FOMOSeptember 6 at 7:43 PM | benzinga.comNewmont Unusual Options Activity For September 06September 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. September 6 at 2:21 AM | americanbankingnews.comInvestors Purchase Large Volume of Call Options on Newmont (NYSE:NEM)September 5 at 7:32 PM | finance.yahoo.comInsider Sale: EVP & CDO Peter Toth Sells 3,000 Shares of Newmont Corp (NEM)September 5 at 9:30 AM | finance.yahoo.comNewmont (NYSE:NEM) shareholders have earned a 37% return over the last yearSeptember 3, 2024 | americanbankingnews.comNewmont Co. (NYSE:NEM) Announces Quarterly Dividend of $0.25August 30, 2024 | marketwatch.comNewmont Corp. stock rises Friday, still underperforms marketAugust 30, 2024 | msn.comArgus Research Upgrades Newmont (NEM)August 29, 2024 | americanbankingnews.comNewmont (NYSE:NEM) Raised to Buy at ArgusAugust 27, 2024 | forbes.comGetting A Dividend Plus Premium From Newmont Buy Write In Play On Gold Bull MarketAugust 27, 2024 | seekingalpha.comNewmont: A Bargain Buy To Participate In Gold RallySee More Headlines 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 Company Calendar Ex-Dividend for 6/27 Dividend6/04/2024Dividend Payable6/27/2024Last Earnings7/24/2024Ex-Dividend for 9/30 Dividend9/05/2024Today9/07/2024Dividend Payable9/30/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Gold & silver ores 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$51.46 High Stock Price Target$61.00 Low Stock Price Target$40.00 Potential Upside/Downside+2.2%Consensus RatingModerate Buy Rating Score (0-4)2.88 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)($2.67) Trailing P/E RatioN/A Forward P/E Ratio17.85 P/E Growth0.39Net Income$-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 / Sales3.90 Cash Flow$2.84 per share Price / Cash Flow17.75 Book Value$25.76 per share Price / Book1.95Miscellaneous Outstanding Shares1,153,140,000Free Float1,152,448,000Market Cap$58.05 billion OptionableOptionable Beta0.47 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Thomas Ronald Palmer (Age 56)President, CEO & Director Comp: $2.2MMr. Robert D. Atkinson (Age 53)Executive VP & COO Comp: $1.18MMr. Peter Ivan Toth BBus (IB) (Age 54)MIB, Executive VP & Chief Development Officer Comp: $982.33kMr. Joshua L. Cage (Age 49)Acting VP, Chief Accounting Officer & Controller Mr. Dean R. Gehring (Age 55)Executive VP, Chief Integration Officer & CTO Neil BackhouseGroup Head of Investor RelationsMr. Peter Wexler J.D.Executive VP & Chief Legal OfficerMs. Jennifer Cmil (Age 53)Executive VP & Chief People Officer Mr. Alwyn Pretorius (Age 53)Managing Director of Papua New Guinea Ms. Suzanne Retallack (Age 47)Executive VP, Chief Safety & Sustainability Officer and Executive of Australia More ExecutivesKey CompetitorsRoyal GoldNASDAQ:RGLDAgnico Eagle MinesNYSE:AEMBarrick GoldNYSE:GOLDWheaton Precious MetalsNYSE:WPMFranco-NevadaNYSE:FNVView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 15,964 shares on 9/5/2024Ownership: 0.001%Thomas Ronald PalmerSold 20,000 sharesTotal: $1.05 M ($52.47/share)Peter TothSold 3,000 sharesTotal: $157,410.00 ($52.47/share)Gordian Capital Singapore Pte LtdBought 18,000 shares on 8/30/2024Ownership: 0.002%Clearbridge Investments LLCBought 7,020 shares on 8/27/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions Should I Buy Newmont Stock? NEM Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Newmont Co.: Newmont Corporation engages in the production and exploration of gold, a precious metal that is often seen as a safe haven investment during times of economic uncertainty. The company has operations in multiple countries, providing geographic diversification which can help mitigate risks associated with political instability or economic downturns in a single region. Newmont Corporation explores for copper, silver, zinc, and lead in addition to gold, allowing investors to gain exposure to a variety of metals which can help balance a portfolio. Recent developments in the company's operations and assets indicate a focus on growth and expansion, potentially leading to increased profitability and stock price appreciation. Current stock price of Newmont Co. is favorable for investors looking to enter the market at a relatively lower price point compared to historical levels. Cons Investors should be bearish about investing in Newmont Co. for these reasons: Nemetschek SE, a different company, provides software solutions for architecture, engineering, construction, media, and entertainment markets, which may lead to confusion or misinformation for investors researching Newmont Co. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 22, 2024. Please send any questions or comments about these Newmont pros and cons to contact@marketbeat.com. 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 21.6% and is now trading at $50.34. View the best growth stocks for 2024 here. How were Newmont's earnings last quarter? Newmont Co. (NYSE:NEM) issued its earnings results on Wednesday, July, 24th. The basic materials company reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.10. The business's quarterly revenue was up 64.1% on a year-over-year basis. Read the conference call transcript. What is Tom Palmer's approval rating as Newmont's CEO? 15 employees have rated Newmont Chief Executive Officer Tom Palmer on Glassdoor.com. Tom Palmer has an approval rating of 97% among the company's employees. This puts Tom Palmer in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Does Newmont have any subsidiaries? Newmont subsidiaries include 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? Newmont's top institutional investors include Van ECK Associates Corp (4.44%), Bank of New York Mellon Corp (2.01%), First Eagle Investment Management LLC (1.48%) and Legal & General Group Plc (0.70%). 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 NVIDIA (NVDA), Cisco Systems (CSCO), Barrick Gold (GOLD), Intel (INTC), Micron Technology (MU), Advanced Micro Devices (AMD) and AT&T (T). This page (NYSE:NEM) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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