What is Zacks Research's Forecast for Newmont Q1 Earnings?

Newmont Co. (TSE:NGT - Free Report) - Stock analysts at Zacks Research upped their Q1 2025 earnings per share (EPS) estimates for Newmont in a research report issued on Friday, October 18th. Zacks Research analyst A. Barman now forecasts that the company will earn $0.90 per share for the quarter, up from their previous forecast of $0.76. The consensus estimate for Newmont's current full-year earnings is $5.51 per share.

Newmont (TSE:NGT - Get Free Report) last issued its quarterly earnings data on Wednesday, July 24th. The company reported C$0.99 EPS for the quarter, beating the consensus estimate of C$0.72 by C$0.27. The business had revenue of C$6.02 billion during the quarter, compared to the consensus estimate of C$4.79 billion. Newmont had a negative net margin of 13.29% and a negative return on equity of 8.09%.

Several other equities analysts also recently commented on the company. Cibc World Mkts upgraded Newmont from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 10th. Scotiabank raised Newmont from a "hold" rating to a "strong-buy" rating in a research report on Monday, August 19th. Finally, Argus raised Newmont from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 29th. One investment analyst has rated the stock with a hold rating and five have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Strong Buy" and an average price target of C$68.00.

Newmont Price Performance

Shares of NGT traded up C$0.16 during trading hours on Monday, reaching C$79.70. The stock had a trading volume of 146,609 shares, compared to its average volume of 200,533. The company has a debt-to-equity ratio of 31.20, a quick ratio of 1.77 and a current ratio of 2.11. Newmont has a 12 month low of C$39.96 and a 12 month high of C$81.11. The stock has a market capitalization of C$91.66 billion, a PE ratio of -20.99, a PEG ratio of 1.43 and a beta of 0.51. The company's 50-day moving average is C$71.90 and its two-hundred day moving average is C$63.39.

Newmont Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 5th were paid a $0.342 dividend. This is an increase from Newmont's previous quarterly dividend of $0.34. This represents a $1.37 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date was Thursday, September 5th. Newmont's dividend payout ratio (DPR) is currently -35.62%.

Newmont Company Profile

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.