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Newmont (NEM) Competitors

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$38.28 +1.26 (+3.40%)
(As of 12/20/2024 05:45 PM ET)

NEM vs. RGLD, AEM, GOLD, WPM, FNV, GFI, KGC, AU, PAAS, and AGI

Should you be buying Newmont stock or one of its competitors? The main competitors of Newmont include Royal Gold (RGLD), Agnico Eagle Mines (AEM), Barrick Gold (GOLD), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Gold Fields (GFI), Kinross Gold (KGC), AngloGold Ashanti (AU), Pan American Silver (PAAS), and Alamos Gold (AGI). These companies are all part of the "basic materials" sector.

Newmont vs.

Royal Gold (NASDAQ:RGLD) and Newmont (NYSE:NEM) are both basic materials companies, but which is the better investment? We will contrast the two businesses based on the strength of their community ranking, valuation, dividends, institutional ownership, risk, media sentiment, profitability, analyst recommendations and earnings.

Royal Gold pays an annual dividend of $1.80 per share and has a dividend yield of 1.3%. Newmont pays an annual dividend of $1.00 per share and has a dividend yield of 2.6%. Royal Gold pays out 41.3% of its earnings in the form of a dividend. Newmont pays out -65.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Newmont is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Newmont had 5 more articles in the media than Royal Gold. MarketBeat recorded 10 mentions for Newmont and 5 mentions for Royal Gold. Newmont's average media sentiment score of 0.99 beat Royal Gold's score of 0.98 indicating that Newmont is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Royal Gold
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Newmont
7 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Royal Gold presently has a consensus price target of $165.43, suggesting a potential upside of 23.63%. Newmont has a consensus price target of $54.31, suggesting a potential upside of 41.87%. Given Newmont's stronger consensus rating and higher possible upside, analysts clearly believe Newmont is more favorable than Royal Gold.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Royal Gold
1 Sell rating(s)
5 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.30
Newmont
1 Sell rating(s)
7 Hold rating(s)
7 Buy rating(s)
2 Strong Buy rating(s)
2.59

Royal Gold has higher earnings, but lower revenue than Newmont. Newmont is trading at a lower price-to-earnings ratio than Royal Gold, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Royal Gold$669.50M13.14$239.44M$4.3630.69
Newmont$16.99B2.57-$2.49B-$1.52-25.18

83.7% of Royal Gold shares are held by institutional investors. Comparatively, 68.8% of Newmont shares are held by institutional investors. 0.5% of Royal Gold shares are held by company insiders. Comparatively, 0.1% of Newmont shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Royal Gold has a net margin of 42.93% compared to Newmont's net margin of -7.03%. Royal Gold's return on equity of 10.18% beat Newmont's return on equity.

Company Net Margins Return on Equity Return on Assets
Royal Gold42.93% 10.18% 9.11%
Newmont -7.03%9.80%5.18%

Royal Gold has a beta of 0.89, meaning that its share price is 11% less volatile than the S&P 500. Comparatively, Newmont has a beta of 0.49, meaning that its share price is 51% less volatile than the S&P 500.

Newmont received 165 more outperform votes than Royal Gold when rated by MarketBeat users. However, 70.02% of users gave Royal Gold an outperform vote while only 63.33% of users gave Newmont an outperform vote.

CompanyUnderperformOutperform
Royal GoldOutperform Votes
759
70.02%
Underperform Votes
325
29.98%
NewmontOutperform Votes
924
63.33%
Underperform Votes
535
36.67%

Summary

Royal Gold beats Newmont on 11 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NEM vs. The Competition

MetricNewmontGold & silver ores IndustryMaterials SectorNYSE Exchange
Market Cap$43.58B$3.38B$2.81B$19.18B
Dividend Yield2.51%2.03%5.22%3.59%
P/E Ratio-25.1812.54111.9841.28
Price / Sales2.578.37782,614.3317.59
Price / Cash13.3721.9024.1421.28
Price / Book1.512.533.395.32
Net Income-$2.49B$2.05M$152.93M$989.88M
7 Day Performance-4.82%-3.77%-2.90%-3.56%
1 Month Performance-11.47%-5.77%1.39%-3.70%
1 Year Performance-7.60%23.74%17.75%12.12%

Newmont Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NEM
Newmont
4.83 of 5 stars
$38.28
+3.4%
$54.31
+41.9%
-6.9%$43.58B$16.99B-25.1821,700High Trading Volume
RGLD
Royal Gold
4.3872 of 5 stars
$146.67
-0.2%
$165.43
+12.8%
+11.3%$9.65B$605.72M33.7030
AEM
Agnico Eagle Mines
4.3666 of 5 stars
$83.33
-0.5%
$86.78
+4.1%
+44.6%$41.82B$7.82B41.6015,875
GOLD
Barrick Gold
4.9514 of 5 stars
$16.50
-1.7%
$25.60
+55.2%
-12.9%$28.73B$12.34B18.0424,600Analyst Forecast
WPM
Wheaton Precious Metals
4.9624 of 5 stars
$60.42
-0.2%
$71.67
+18.6%
+17.1%$27.41B$1.02B45.1942
FNV
Franco-Nevada
4.4387 of 5 stars
$120.04
+0.5%
$152.83
+27.3%
+6.9%$23.11B$1.10B-37.8040Analyst Forecast
Analyst Revision
Positive News
GFI
Gold Fields
4.3222 of 5 stars
$14.25
-1.0%
$16.03
+12.5%
-12.7%$12.75B$4.36B6.826,297News Coverage
Positive News
Gap Up
KGC
Kinross Gold
4.6995 of 5 stars
$9.76
-0.1%
$11.13
+14.0%
+53.9%$12.00B$4.85B16.026,600Positive News
AU
AngloGold Ashanti
4.1577 of 5 stars
$24.52
-1.7%
$31.75
+29.5%
+30.4%$10.29B$4.58B7.6412,227
PAAS
Pan American Silver
3.5257 of 5 stars
$22.32
+0.5%
$25.42
+13.9%
+29.5%$8.10B$2.67B-130.769,900Positive News
AGI
Alamos Gold
4.804 of 5 stars
$19.06
-0.3%
$25.06
+31.5%
+33.9%$8.01B$1.23B31.851,867Positive News

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This page (NYSE:NEM) was last updated on 12/21/2024 by MarketBeat.com Staff
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