Scotiabank Has Negative View of Gold Fields FY2026 Earnings

Gold Fields Limited (NYSE:GFI) – Research analysts at Scotiabank cut their FY2026 EPS estimates for Gold Fields in a research note issued on Friday, August 28th. Scotiabank analyst T. Jakusconek now anticipates that the company will post earnings of $4.26 per share for the year, down from their previous forecast of $4.43. Scotiabank has a “Sector Perform” rating and a $52.00 price objective on the stock. The consensus estimate for Gold Fields’ current full-year earnings is $4.53 per share. Scotiabank also issued estimates for Gold Fields’ FY2027 earnings at $4.18 EPS.

A number of other equities analysts have also recently commented on GFI. Weiss Ratings cut Gold Fields from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. JPMorgan Chase & Co. reduced their price objective on Gold Fields from $75.00 to $55.00 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Wall Street Zen cut Gold Fields from a “buy” rating to a “hold” rating in a research report on Saturday. Royal Bank Of Canada lowered their target price on Gold Fields from $50.00 to $49.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Finally, Zacks Research cut shares of Gold Fields from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 21st. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $54.05.

Gold Fields Trading Down 3.9%

Shares of GFI stock opened at $44.55 on Monday. The stock’s fifty day moving average price is $37.25 and its two-hundred day moving average price is $42.28. Gold Fields has a fifty-two week low of $31.11 and a fifty-two week high of $61.64. The company has a quick ratio of 1.33, a current ratio of 1.87 and a debt-to-equity ratio of 0.27.

Gold Fields Announces Dividend

The business also recently declared a dividend, which will be paid on Thursday, September 24th. Stockholders of record on Friday, September 11th will be issued a dividend of $1.0144 per share. The ex-dividend date is Friday, September 11th. This represents a dividend yield of 421.0%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GFI. Goldman Sachs Group Inc. grew its position in Gold Fields by 69.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 4,384,047 shares of the company’s stock worth $191,407,000 after acquiring an additional 1,794,124 shares during the last quarter. Man Group plc increased its holdings in Gold Fields by 63.7% in the 4th quarter. Man Group plc now owns 3,650,799 shares of the company’s stock worth $159,394,000 after purchasing an additional 1,421,121 shares in the last quarter. AQR Capital Management LLC raised its position in Gold Fields by 211.0% in the fourth quarter. AQR Capital Management LLC now owns 1,791,823 shares of the company’s stock valued at $78,231,000 after purchasing an additional 1,215,647 shares during the last quarter. Van ECK Associates Corp raised its position in Gold Fields by 3.4% in the fourth quarter. Van ECK Associates Corp now owns 35,483,903 shares of the company’s stock valued at $1,549,227,000 after purchasing an additional 1,180,634 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC acquired a new stake in shares of Gold Fields during the third quarter valued at about $42,963,000. 24.81% of the stock is currently owned by institutional investors.

Gold Fields Company Profile

Gold Fields (NYSE: GFI) is a Johannesburg‑based gold mining company that operates as an international producer of gold. Listed on multiple exchanges and traded in the United States via American Depositary Receipts under the ticker GFI, the company focuses on the exploration, development, extraction and processing of gold-bearing ore and the sale of refined gold products. Its operations span several regions, serving global bullion markets and supplying gold for both investment and industrial uses.

The company’s core activities include mine development and underground and open‑pit mining, ore treatment and refining, and ongoing exploration to replace reserves.