What is Zacks Research's Estimate for Newmont Q4 Earnings?

Key Points

• Zacks Research cut its Q4 2026 EPS estimate for Newmont to $1.71 from $2.01 and maintained a Hold rating. The consensus estimate for full-year earnings is $9.14 per share.
• Newmont’s latest reported quarter beat expectations, with EPS of $2.20 versus $1.94 consensus and revenue of $6.36 billion, up 15.2% year over year.
• Analyst sentiment is broadly positive: MarketBeat lists a Moderate Buy consensus and an average price target of $137.20, while the stock recently opened at $120.82.

Newmont Corporation (NYSE:NEM - Free Report) - Investment analysts at Zacks Research cut their Q4 2026 earnings per share estimates for Newmont in a research note issued on Thursday, November 5th. Zacks Research analyst Team now anticipates that the basic materials company will earn $1.71 per share for the quarter, down from their previous estimate of $2.01. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Newmont's current full-year earnings is $9.14 per share.

NEM has been the topic of several other reports. Barclays decreased their target price on shares of Newmont from $124.00 to $123.00 and set an "overweight" rating on the stock in a research report on Monday, October 19th. Weiss Ratings raised shares of Newmont from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, October 16th. Sanford C. Bernstein upped their price target on shares of Newmont from $144.00 to $150.00 in a research report on Friday, October 16th. BNP Paribas Exane increased their price target on shares of Newmont from $102.00 to $112.00 and gave the stock a "neutral" rating in a research note on Monday, August 17th. Finally, Citigroup lifted their price target on shares of Newmont from $125.00 to $140.00 and gave the company a "buy" rating in a report on Tuesday, October 20th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $137.20.

Newmont Stock Down 0.1%

NEM opened at $120.82 on Monday. Newmont has a 12 month low of $81.34 and a 12 month high of $135.29. The business has a 50-day moving average of $118.87 and a two-hundred day moving average of $112.48. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.45 and a quick ratio of 2.16. The stock has a market capitalization of $125.55 billion, a price-to-earnings ratio of 14.05, a price-to-earnings-growth ratio of 2.20 and a beta of 0.56.

Newmont (NYSE:NEM - Get Free Report) last released its earnings results on Thursday, October 22nd. The basic materials company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.26. Newmont had a return on equity of 29.81% and a net margin of 34.73%. The firm had revenue of $6.36 billion for the quarter, compared to the consensus estimate of $6.27 billion. During the same period in the prior year, the business posted $1.71 earnings per share. The firm's revenue for the quarter was up 15.2% compared to the same quarter last year.

Newmont Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 21st. Stockholders of record on Wednesday, November 25th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Wednesday, November 25th. Newmont's dividend payout ratio (DPR) is 12.09%.

Insider Activity

In other news, CEO Natascha Viljoen sold 3,882 shares of Newmont stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $123.00, for a total value of $477,486.00. Following the transaction, the chief executive officer directly owned 131,353 shares of the company's stock, valued at $16,156,419. The trade was a 2.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Peter Toth sold 3,000 shares of the business's stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $108.04, for a total value of $324,120.00. Following the sale, the executive vice president owned 31,315 shares of the company's stock, valued at $3,383,272.60. The trade was a 8.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 20,646 shares of company stock worth $2,380,140 over the last ninety days. Corporate insiders own 0.06% of the company's stock.

Institutional Investors Weigh In On Newmont

Several institutional investors have recently bought and sold shares of the business. Accel Wealth Management increased its stake in shares of Newmont by 0.8% in the second quarter. Accel Wealth Management now owns 14,744 shares of the basic materials company's stock worth $1,377,000 after buying an additional 115 shares during the last quarter. Compound Planning Inc. boosted its stake in Newmont by 0.6% during the 1st quarter. Compound Planning Inc. now owns 21,192 shares of the basic materials company's stock valued at $2,294,000 after acquiring an additional 121 shares during the last quarter. Center for Financial Planning Inc. boosted its stake in Newmont by 6.7% during the 3rd quarter. Center for Financial Planning Inc. now owns 1,921 shares of the basic materials company's stock valued at $222,000 after acquiring an additional 121 shares during the last quarter. Zhang Financial LLC boosted its stake in Newmont by 0.8% during the 1st quarter. Zhang Financial LLC now owns 15,768 shares of the basic materials company's stock valued at $1,707,000 after acquiring an additional 124 shares during the last quarter. Finally, Heartland Bank & Trust Co grew its holdings in Newmont by 3.0% during the 1st quarter. Heartland Bank & Trust Co now owns 4,331 shares of the basic materials company's stock worth $469,000 after acquiring an additional 127 shares in the last quarter. 68.85% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Citi assigned Newmont a Buy rating, a potentially supportive analyst endorsement. The report provided no price target or detailed rationale. Newmont receives a Buy from Citi
• Positive Sentiment: A recent Q3 update cited stronger sales and net income, lower reported costs, and upgraded full-year production guidance—fundamental factors that may support investor optimism. Newmont outlook after stronger Q3 earnings and higher guidance
• Positive Sentiment: Zacks Research raised its FY2028 EPS estimate to $11.38 from $10.81, suggesting improved longer-term earnings expectations, while retaining a Hold rating.
• Neutral Sentiment: Zacks Research made a mixed set of estimate changes: it lowered its FY2027 EPS forecast to $8.89 from $9.26 and cut several quarterly estimates, but raised some 2028 quarterly forecasts. This mixed revision offers no clear near-term earnings signal.
• Negative Sentiment: A report notes Newmont shares moved above their 200-day moving average while also flagging insider selling. The technical breakout is constructive, but insider sales may concern investors; the available report does not specify the size or context of the sales. Newmont shares break above 200-day average amid insider selling

Newmont Company Profile

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.