Kinross Gold FY2026 EPS Decreased by National Bank Financial

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Stock analysts at National Bank Financial dropped their FY2026 earnings estimates for shares of Kinross Gold in a research note issued on Wednesday, May 7th. National Bank Financial analyst S. Nagle now anticipates that the mining company will earn $1.31 per share for the year, down from their prior forecast of $1.37. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share. National Bank Financial also issued estimates for Kinross Gold’s FY2027 earnings at $1.41 EPS.

A number of other analysts have also weighed in on the stock. Scotiabank increased their price objective on shares of Kinross Gold from $16.00 to $17.00 and gave the stock a “sector outperform” rating in a research report on Thursday. Raymond James raised their target price on shares of Kinross Gold from $12.00 to $15.00 and gave the stock a “market perform” rating in a research report on Friday, April 4th. BMO Capital Markets started coverage on shares of Kinross Gold in a research report on Wednesday, April 16th. They set an “outperform” rating on the stock. StockNews.com raised shares of Kinross Gold from a “buy” rating to a “strong-buy” rating in a research report on Friday, April 18th. Finally, Stifel Canada raised shares of Kinross Gold to a “strong-buy” rating in a research report on Wednesday, March 19th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $13.50.

Kinross Gold Stock Performance

Kinross Gold stock opened at $15.05 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 0.83. Kinross Gold has a 1-year low of $7.20 and a 1-year high of $15.96. The firm has a market capitalization of $18.52 billion, a P/E ratio of 19.55, a price-to-earnings-growth ratio of 0.68 and a beta of 0.64. The company’s 50-day moving average is $13.18 and its 200 day moving average is $11.33.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its quarterly earnings data on Tuesday, May 6th. The mining company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.08. Kinross Gold had a net margin of 18.43% and a return on equity of 12.65%. The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same period in the prior year, the company posted $0.10 EPS. The firm’s revenue for the quarter was up 38.5% on a year-over-year basis.

Hedge Funds Weigh In On Kinross Gold

Hedge funds and other institutional investors have recently modified their holdings of the business. Jones Financial Companies Lllp boosted its stake in shares of Kinross Gold by 109.3% during the fourth quarter. Jones Financial Companies Lllp now owns 2,704 shares of the mining company’s stock valued at $25,000 after purchasing an additional 1,412 shares in the last quarter. Mark Sheptoff Financial Planning LLC boosted its stake in shares of Kinross Gold by 30.4% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 4,302 shares of the mining company’s stock valued at $40,000 after purchasing an additional 1,002 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in shares of Kinross Gold during the fourth quarter valued at approximately $42,000. Global Retirement Partners LLC boosted its stake in shares of Kinross Gold by 747.0% during the fourth quarter. Global Retirement Partners LLC now owns 5,429 shares of the mining company’s stock valued at $50,000 after purchasing an additional 4,788 shares in the last quarter. Finally, Banque Cantonale Vaudoise bought a new position in shares of Kinross Gold during the first quarter valued at approximately $55,000. 63.69% of the stock is currently owned by institutional investors.

Kinross Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 29th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.80%. Kinross Gold’s dividend payout ratio is presently 12.24%.

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.