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Raymond James Has Negative View of Kinross Gold Q1 Earnings

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Kinross Gold Co. (NYSE:KGC - Free Report) TSE: K - Equities researchers at Raymond James decreased their Q1 2025 earnings estimates for Kinross Gold in a research report issued to clients and investors on Tuesday, March 4th. Raymond James analyst F. Hamed now forecasts that the mining company will earn $0.14 per share for the quarter, down from their previous forecast of $0.18. The consensus estimate for Kinross Gold's current full-year earnings is $0.81 per share. Raymond James also issued estimates for Kinross Gold's Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.13 EPS, Q4 2025 earnings at $0.13 EPS and FY2025 earnings at $0.54 EPS.

Several other research analysts have also issued reports on the stock. StockNews.com lowered shares of Kinross Gold from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, February 25th. CIBC increased their target price on shares of Kinross Gold from $13.00 to $14.00 and gave the stock an "outperform" rating in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, Kinross Gold presently has an average rating of "Moderate Buy" and an average target price of $11.63.

Get Our Latest Analysis on KGC

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Kinross Gold Stock Up 0.1 %

NYSE KGC traded up $0.02 on Thursday, hitting $11.16. 18,570,996 shares of the company were exchanged, compared to its average volume of 22,894,652. The company has a market cap of $13.71 billion, a PE ratio of 14.49, a PEG ratio of 0.68 and a beta of 1.29. Kinross Gold has a 12 month low of $5.32 and a 12 month high of $12.28. The stock has a fifty day moving average of $10.84 and a 200-day moving average of $10.08. The company has a current ratio of 2.01, a quick ratio of 0.83 and a debt-to-equity ratio of 0.18.

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in KGC. Jones Financial Companies Lllp lifted its stake in shares of Kinross Gold by 109.3% in the fourth quarter. Jones Financial Companies Lllp now owns 2,704 shares of the mining company's stock valued at $25,000 after buying an additional 1,412 shares in the last quarter. Mark Sheptoff Financial Planning LLC lifted its stake in shares of Kinross Gold by 30.4% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 4,302 shares of the mining company's stock valued at $40,000 after buying an additional 1,002 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in shares of Kinross Gold during the fourth quarter valued at about $42,000. Global Retirement Partners LLC lifted its position in shares of Kinross Gold by 747.0% during the fourth quarter. Global Retirement Partners LLC now owns 5,429 shares of the mining company's stock valued at $50,000 after purchasing an additional 4,788 shares in the last quarter. Finally, Avior Wealth Management LLC lifted its position in shares of Kinross Gold by 246.3% during the fourth quarter. Avior Wealth Management LLC now owns 7,227 shares of the mining company's stock valued at $67,000 after purchasing an additional 5,140 shares in the last quarter. 63.69% of the stock is owned by institutional investors.

Kinross Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th will be paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date is Wednesday, March 5th. Kinross Gold's dividend payout ratio (DPR) is 15.58%.

Kinross Gold Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Kinross Gold (NYSE:KGC)

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