Analysts Set Expectations for Kinross Gold FY2026 Earnings

Key Points

• Scotiabank lowered its FY2026 EPS forecast for Kinross Gold to $3.34 from $3.72, though this remains above the broader consensus estimate of $1.01.
• Analyst sentiment remains positive, with a consensus “Buy” rating and an average price target of C$47.64, despite several recent target-price reductions.
• Kinross shares opened at C$35.46, below their 50-day and 200-day moving averages, while insiders sold 33,338 shares worth approximately C$1.35 million over the past 90 days.

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Investment analysts at Scotiabank dropped their FY2026 earnings estimates for shares of Kinross Gold in a report released on Friday, September 25th. Scotiabank analyst T. Jakusconek now anticipates that the company will earn $3.34 per share for the year, down from their prior forecast of $3.72. The consensus estimate for Kinross Gold's current full-year earnings is $1.01 per share.

Other equities analysts also recently issued research reports about the company. BMO Capital Markets decreased their target price on Kinross Gold from C$49.00 to C$48.00 and set an "outperform" rating for the company in a report on Thursday. Desjardins dropped their price target on Kinross Gold from C$58.00 to C$53.00 and set a "buy" rating for the company in a research note on Thursday. 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 report on Friday, July 31st. National Bank Financial reduced their price objective on shares of 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. Finally, Jefferies Financial Group decreased their price objective on shares of Kinross Gold from C$41.00 to C$38.00 in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of C$47.64.

Kinross Gold Stock Performance

Shares of TSE:K opened at C$35.46 on Monday. The company has a current ratio of 2.89, a quick ratio of 1.11 and a debt-to-equity ratio of 7.65. The company has a 50-day moving average price of C$38.60 and a 200-day moving average price of C$39.31. The company has a market cap of C$42.34 billion, a price-to-earnings ratio of 13.48, a price-to-earnings-growth ratio of -0.60 and a beta of 1.68. Kinross Gold has a 12 month low of C$30.93 and a 12 month high of C$53.57.

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

Insider Activity at Kinross Gold

In related news, insider Laurence Davies sold 1,335 shares of Kinross Gold 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 completion of the sale, the insider directly owned 11,855 shares in the company, valued at approximately C$456,180.40. This trade represents a 10.12% decrease in their position. Also, insider William D. Dunford sold 30,000 shares of the business's stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of C$40.77, for a total value of C$1,223,100.00. Following the completion of the transaction, the insider directly owned 27,374 shares of the company's stock, valued at approximately C$1,116,037.98. This trade represents a 52.29% decrease in their position. Insiders have sold 33,338 shares of company stock valued at $1,351,546 over 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. The company has historically used acquisitions to fuel expansion into new regions and production growth.

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