Raymond James Comments on Kinross Gold Co.'s Q1 2025 Earnings (TSE:K)

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Stock analysts at Raymond James boosted their Q1 2025 earnings estimates for shares of Kinross Gold in a research note issued on Monday, September 23rd. Raymond James analyst F. Hamed now anticipates that the company will earn $0.30 per share for the quarter, up from their prior forecast of $0.18. The consensus estimate for Kinross Gold's current full-year earnings is $1.02 per share. Raymond James also issued estimates for Kinross Gold's Q2 2025 earnings at $0.30 EPS, Q3 2025 earnings at $0.30 EPS, Q4 2025 earnings at $0.30 EPS and FY2025 earnings at $1.20 EPS.

Kinross Gold (TSE:K - Get Free Report) NYSE: KGC last announced its quarterly earnings data on Wednesday, July 31st. The company reported C$0.19 earnings per share for the quarter, beating analysts' consensus estimates of C$0.18 by C$0.01. The company had revenue of C$1.67 billion during the quarter, compared to analyst estimates of C$1.39 billion. Kinross Gold had a net margin of 10.91% and a return on equity of 7.81%.

Other equities research analysts have also issued research reports about the stock. Canaccord Genuity Group lowered their price target on shares of Kinross Gold from C$17.00 to C$16.50 and set a "buy" rating for the company in a research report on Friday, September 13th. National Bankshares upped their target price on Kinross Gold from C$13.75 to C$16.00 and gave the stock an "outperform" rating in a report on Wednesday, July 17th. Finally, Eight Capital lifted their price target on Kinross Gold from C$15.00 to C$16.00 and gave the company a "buy" rating in a report on Wednesday, September 11th. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of C$14.60.

Kinross Gold Trading Up 0.5 %

K traded up C$0.06 during trading on Thursday, hitting C$13.21. 3,426,292 shares of the stock were exchanged, compared to its average volume of 3,381,787. The company has a debt-to-equity ratio of 31.89, a quick ratio of 1.11 and a current ratio of 1.27. The firm has a 50 day simple moving average of C$12.28 and a 200 day simple moving average of C$10.65. The firm has a market cap of C$16.25 billion, a price-to-earnings ratio of 24.46, a P/E/G ratio of -0.60 and a beta of 1.24. Kinross Gold has a 1 year low of C$5.91 and a 1 year high of C$13.70.

Insider Activity at Kinross Gold

In other news, Senior Officer Claude J.S. Schimper sold 4,500 shares of the stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of C$12.31, for a total value of C$55,395.00. In other news, Senior Officer Claude J.S. Schimper sold 4,500 shares of the company's stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of C$12.31, for a total value of C$55,395.00. Also, Senior Officer David C. Shaver sold 4,663 shares of Kinross Gold stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of C$13.17, for a total value of C$61,411.71. Insiders have sold a total of 21,163 shares of company stock worth $273,407 over the last quarter. Insiders own 0.27% of the company's stock.

Kinross Gold Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Thursday, August 22nd were issued a dividend of $0.041 per share. This is an increase from Kinross Gold's previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Thursday, August 22nd. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.24%. Kinross Gold's payout ratio is 29.63%.

Kinross Gold Company Profile

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.