Equities Analysts Offer Predictions for Newmont Q3 Earnings

Newmont Corporation (NYSE:NEM) – Stock analysts at Stifel Canada upped their Q3 2025 earnings estimates for Newmont in a report issued on Monday, October 20th. Stifel Canada analyst R. Profiti now anticipates that the basic materials company will post earnings per share of $1.45 for the quarter, up from their prior forecast of $1.36. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Newmont’s current full-year earnings is $3.45 per share. Stifel Canada also issued estimates for Newmont’s FY2025 earnings at $6.80 EPS.

Newmont (NYSE:NEM) last issued its quarterly earnings data on Thursday, July 24th. The basic materials company reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.48. The firm had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $4.70 billion. Newmont had a net margin of 30.50% and a return on equity of 17.86%. The business’s revenue was up 20.8% on a year-over-year basis. During the same period last year, the company earned $0.72 earnings per share.

A number of other research analysts have also weighed in on NEM. BNP Paribas lowered shares of Newmont from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 4th. Raymond James Financial set a $96.00 price target on shares of Newmont in a research report on Friday, October 10th. BNP Paribas Exane raised their price target on shares of Newmont from $66.00 to $92.00 and gave the company an “outperform” rating in a research report on Monday, September 15th. TD Securities raised their price target on shares of Newmont from $67.00 to $89.00 and gave the company a “hold” rating in a research report on Wednesday, October 8th. Finally, CIBC set a $112.00 price target on shares of Newmont and gave the company an “outperformer” rating in a research report on Friday, October 10th. Four equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Newmont presently has an average rating of “Moderate Buy” and a consensus price target of $87.59.

Newmont Stock Down 9.1%

Shares of NYSE NEM opened at $86.26 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.23 and a quick ratio of 1.91. The company has a 50-day moving average price of $80.11 and a 200-day moving average price of $64.69. Newmont has a 1 year low of $36.86 and a 1 year high of $98.58. The stock has a market capitalization of $94.75 billion, a P/E ratio of 15.49, a P/E/G ratio of 0.65 and a beta of 0.34.

Newmont Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Thursday, September 4th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, September 4th. Newmont’s dividend payout ratio (DPR) is 17.95%.

Insider Buying and Selling

In related news, Director Bruce R. Brook sold 2,080 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $84.99, for a total transaction of $176,779.20. Following the completion of the sale, the director owned 36,869 shares in the company, valued at approximately $3,133,496.31. This trade represents a 5.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $63.66, for a total transaction of $190,980.00. Following the completion of the transaction, the executive vice president owned 58,736 shares of the company’s stock, valued at $3,739,133.76. The trade was a 4.86% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 16,249 shares of company stock worth $1,132,065. Insiders own 0.05% of the company’s stock.

Institutional Trading of Newmont

Several hedge funds and other institutional investors have recently modified their holdings of NEM. Brighton Jones LLC raised its position in shares of Newmont by 15.7% in the fourth quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock valued at $506,000 after purchasing an additional 1,847 shares during the period. GAMMA Investing LLC raised its position in shares of Newmont by 22.2% in the first quarter. GAMMA Investing LLC now owns 21,146 shares of the basic materials company’s stock valued at $1,021,000 after purchasing an additional 3,840 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in shares of Newmont by 2.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 190,069 shares of the basic materials company’s stock valued at $9,176,000 after purchasing an additional 4,236 shares during the period. Johnson Investment Counsel Inc. bought a new stake in shares of Newmont in the first quarter valued at approximately $213,000. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in shares of Newmont in the first quarter valued at approximately $423,000. Institutional investors own 68.85% of the company’s stock.

About Newmont

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.