Analysts Offer Predictions for Kinross Gold FY2025 Earnings

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Stock analysts at Stifel Canada increased their FY2025 earnings per share estimates for Kinross Gold in a research note issued to investors on Monday, April 21st. Stifel Canada analyst R. Profiti now expects that the company will post earnings per share of $1.42 for the year, up from their previous forecast of $1.11. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Kinross Gold's current full-year earnings is $1.01 per share. Stifel Canada also issued estimates for Kinross Gold's FY2026 earnings at $1.65 EPS.

Several other equities analysts have also commented on the stock. National Bank Financial upgraded shares of Kinross Gold to a "strong-buy" rating in a research report on Friday, March 21st. Stifel Nicolaus increased their price target on Kinross Gold from C$19.50 to C$23.50 in a research note on Monday, April 21st. BMO Capital Markets upgraded shares of Kinross Gold to a "strong-buy" rating in a research note on Wednesday, April 16th. Finally, National Bankshares increased their target price on shares of Kinross Gold from C$22.00 to C$23.00 and gave the company an "outperform" rating in a research report on Wednesday, April 2nd. Four analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, Kinross Gold has a consensus rating of "Buy" and a consensus price target of C$18.40.

Kinross Gold Stock Up 0.9 %

Shares of TSE:K traded up C$0.18 during midday trading on Wednesday, hitting C$20.26. 1,131,107 shares of the company's stock traded hands, compared to its average volume of 3,675,119. Kinross Gold has a twelve month low of C$8.84 and a twelve month high of C$21.36. The company has a debt-to-equity ratio of 18.81, a quick ratio of 1.11 and a current ratio of 1.61. The company has a market cap of C$17.62 billion, a PE ratio of 23.85, a P/E/G ratio of -0.60 and a beta of 1.24. The firm's fifty day moving average price is C$17.63 and its two-hundred day moving average price is C$15.60.

Kinross Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.59%. Kinross Gold's dividend payout ratio (DPR) is currently 18.84%.

Insider Activity

In other Kinross Gold news, Senior Officer Claude J.S. Schimper sold 5,000 shares of the company's stock in a transaction dated Friday, March 28th. The stock was sold at an average price of C$17.97, for a total value of C$89,850.00. Also, Senior Officer Laurence Davies sold 10,000 shares of the business's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of C$16.58, for a total value of C$165,800.00. Insiders sold 349,670 shares of company stock worth $5,366,186 over the last quarter. Corporate insiders own 0.26% of the company's stock.

About Kinross Gold

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.