Analysts Set Expectations for Kinross Gold FY2026 Earnings

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Analysts at National Bank Financial issued their FY2026 earnings estimates for shares of Kinross Gold in a report issued on Tuesday, April 22nd. National Bank Financial analyst S. Nagle expects that the company will earn $1.90 per share for the year. National Bank Financial 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.

Several other brokerages also recently issued reports on K. BMO Capital Markets upgraded Kinross Gold to a "strong-buy" rating in a research report on Wednesday, April 16th. Stifel Canada upgraded Kinross Gold to a "strong-buy" rating in a research report on Wednesday, March 19th. National Bankshares lifted their price objective on Kinross Gold from C$22.00 to C$23.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 2nd. Finally, Stifel Nicolaus lifted their price objective on Kinross Gold from C$19.50 to C$23.50 in a research report on Monday, April 21st. Four investment analysts have rated the stock with a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, Kinross Gold currently has an average rating of "Buy" and a consensus price target of C$18.40.

Kinross Gold Stock Performance

Kinross Gold stock traded up C$0.01 during trading hours on Friday, reaching C$20.17. 1,494,296 shares of the stock were exchanged, compared to its average volume of 3,648,518. 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 firm's 50 day moving average is C$17.79 and its 200 day moving average is C$15.70. Kinross Gold has a 52-week low of C$8.84 and a 52-week high of C$21.36. The stock has a market cap of C$17.54 billion, a P/E ratio of 23.74, a P/E/G ratio of -0.60 and a beta of 1.24.

Kinross Gold Cuts Dividend

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

Insider Transactions at Kinross Gold

In other news, Director Jonathan Paul Rollinson sold 205,318 shares of the company's stock in a transaction on Friday, February 28th. The stock was sold at an average price of C$15.22, for a total transaction of C$3,124,939.96. Also, Senior Officer Claude J.S. Schimper sold 5,000 shares of the company's stock in a transaction on Friday, March 28th. The stock was sold at an average price of C$17.97, for a total transaction of C$89,850.00. Insiders sold a total of 349,670 shares of company stock worth $5,366,186 in the last ninety days. 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.