Zacks Research Forecasts Kinross Gold’s Q4 Earnings (TSE:K)

Kinross Gold Co. (TSE:KFree Report) (NYSE:KGC) – Zacks Research lifted their Q4 2026 earnings per share (EPS) estimates for shares of Kinross Gold in a report released on Wednesday, August 19th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.88 per share for the quarter, up from their prior forecast of $0.85. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share. Zacks Research also issued estimates for Kinross Gold’s Q1 2028 earnings at $0.84 EPS and Q2 2028 earnings at $0.79 EPS.

K has been the subject of several other research reports. Jefferies Financial Group decreased their price objective on Kinross Gold from C$41.00 to C$38.00 in a report on Monday, July 6th. BMO Capital Markets raised their price objective on Kinross Gold from C$45.00 to C$55.00 in a report on Wednesday, April 22nd. National Bank Financial reduced their price objective on Kinross Gold from C$50.00 to C$47.50 and set an “outperform” rating on the stock in a research report on Friday, July 31st. Freedom Capital raised shares of Kinross Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Finally, ATB Cormark Capital Markets upgraded shares of Kinross Gold from a “hold” rating to a “moderate buy” rating and lifted their price target for the company from C$41.00 to C$45.00 in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$47.36.

Read Our Latest Stock Analysis on Kinross Gold

Kinross Gold Price Performance

Shares of TSE K opened at C$41.30 on Thursday. Kinross Gold has a fifty-two week low of C$26.01 and a fifty-two week high of C$53.57. The company has a market cap of C$48.99 billion, a PE ratio of 15.70, a P/E/G ratio of -0.60 and a beta of 1.48. The company has a debt-to-equity ratio of 7.65, a quick ratio of 1.11 and a current ratio of 2.89. The business has a 50-day simple moving average of C$35.13 and a two-hundred day simple moving average of C$40.25.

Kinross Gold (TSE:KGet Free Report) (NYSE:KGC) last released its quarterly earnings data on Wednesday, July 29th. The company reported C$1.01 EPS for the quarter. Kinross Gold had a return on equity of 35.91% and a net margin of 37.56%.The company had revenue of C$3.18 billion for the quarter.

Insider Transactions at Kinross Gold

In other news, insider Claude J.S. Schimper sold 15,000 shares of the stock in a transaction dated Monday, May 25th. The stock was sold at an average price of C$40.33, for a total value of C$604,950.00. Following the transaction, the insider owned 49,060 shares in the company, valued at approximately C$1,978,589.80. This represents a 23.42% decrease in their position. Also, insider Laurence Davies sold 1,335 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of C$38.48, for a total value of C$51,370.80. Following the sale, the insider directly owned 11,855 shares in the company, valued at C$456,180.40. This trade represents a 10.12% decrease in their position. In the last three months, insiders sold 30,338 shares of company stock valued at $1,219,276. Insiders own 0.26% of the company’s stock.

Kinross Gold Company Profile

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Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia. The company has historically used acquisitions to fuel expansion into new regions and production growth.

Further Reading

Earnings History and Estimates for Kinross Gold (TSE:K)

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