Scotiabank Forecasts Kinross Gold FY2026 Earnings

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Investment analysts at Scotiabank issued their FY2026 earnings estimates for shares of Kinross Gold in a report issued on Wednesday, January 8th. Scotiabank analyst T. Jakusconek expects that the company will post earnings per share of $0.92 for the year. The consensus estimate for Kinross Gold's current full-year earnings is $1.01 per share.

A number of other analysts have also issued reports on K. Stifel Nicolaus boosted their target price on Kinross Gold from C$14.50 to C$18.00 in a research report on Monday, October 21st. Canaccord Genuity Group cut their target price on Kinross Gold from C$17.00 to C$16.50 and set a "buy" rating on the stock in a research report on Friday, September 13th. Finally, National Bankshares boosted their target price on Kinross Gold from C$19.00 to C$20.00 and gave the company an "outperform" rating in a research report on Wednesday, October 23rd. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has an average rating of "Buy" and an average target price of C$16.70.

Kinross Gold Trading Down 1.8 %

Shares of K stock traded down C$0.27 during trading on Friday, hitting C$15.08. 4,632,311 shares of the stock traded hands, compared to its average volume of 3,324,451. The firm has a market capitalization of C$18.55 billion, a P/E ratio of 27.93, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24. The company has a debt-to-equity ratio of 31.89, a current ratio of 1.27 and a quick ratio of 1.11. The firm's fifty day moving average price is C$13.82 and its 200-day moving average price is C$12.93. Kinross Gold has a 52-week low of C$6.46 and a 52-week high of C$15.48.

Insiders Place Their Bets

In related news, Director Jonathan Paul Rollinson sold 200,000 shares of Kinross Gold stock in a transaction dated Monday, November 11th. The shares were sold at an average price of C$14.01, for a total value of C$2,802,000.00. Also, Director George Nickolas Paspalas purchased 5,000 shares of the company's stock in a transaction on Monday, December 16th. The shares were bought at an average price of C$13.79 per share, for a total transaction of C$68,950.00. Insiders sold a total of 1,608,122 shares of company stock valued at $22,536,883 in the last ninety days. Corporate insiders own 0.26% of the company's stock.

Kinross Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Thursday, November 28th were issued a dividend of $0.041 per share. This represents a $0.16 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend was Thursday, November 28th. Kinross Gold's dividend payout ratio is currently 29.63%.

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.