Analysts Offer Predictions for Gold Fields FY2026 Earnings

Gold Fields Limited (NYSE:GFI - Free Report) - Investment analysts at Scotiabank reduced their FY2026 EPS estimates for shares of Gold Fields in a research report issued to clients and investors on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now forecasts that the company will earn $1.42 per share for the year, down from their prior forecast of $1.43. Scotiabank currently has a "Sector Perform" rating and a $20.00 target price on the stock. The consensus estimate for Gold Fields' current full-year earnings is $1.97 per share.

Other equities research analysts have also issued research reports about the company. JPMorgan Chase & Co. boosted their price target on Gold Fields from $17.10 to $18.80 and gave the stock a "neutral" rating in a research note on Wednesday, January 15th. StockNews.com downgraded Gold Fields from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $17.20.

Gold Fields Stock Performance

GFI stock traded up $0.10 during trading on Friday, reaching $20.67. 3,148,104 shares of the company were exchanged, compared to its average volume of 3,187,753. The stock's 50 day moving average price is $18.61 and its 200 day moving average price is $16.28. Gold Fields has a 52-week low of $12.98 and a 52-week high of $22.18. The company has a market cap of $18.50 billion, a P/E ratio of 8.80, a PEG ratio of 0.30 and a beta of 1.14.

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Hedge Funds Weigh In On Gold Fields

Several hedge funds have recently bought and sold shares of GFI. DJE Kapital AG acquired a new stake in shares of Gold Fields during the fourth quarter valued at $33,486,000. Marshall Wace LLP lifted its holdings in Gold Fields by 1,594.7% in the 4th quarter. Marshall Wace LLP now owns 2,114,631 shares of the company's stock valued at $27,913,000 after purchasing an additional 1,989,849 shares in the last quarter. Man Group plc lifted its holdings in Gold Fields by 119.9% in the 4th quarter. Man Group plc now owns 1,417,329 shares of the company's stock valued at $18,709,000 after purchasing an additional 772,928 shares in the last quarter. Silvercrest Asset Management Group LLC acquired a new stake in shares of Gold Fields during the 4th quarter worth about $9,033,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Gold Fields during the third quarter worth about $9,911,000. Hedge funds and other institutional investors own 24.81% of the company's stock.

Gold Fields Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 14th will be paid a $0.3752 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a yield of 1.6%. This is a positive change from Gold Fields's previous semi-annual dividend of $0.17. Gold Fields's dividend payout ratio is presently 25.96%.

Gold Fields Company Profile

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Canada, Australia, and Peru. It also explores for copper and silver deposits. The company was founded in 1887 and is based in Sandton, South Africa.