FY2026 EPS Estimates for Kinross Gold Lifted by Analyst

Key Points

• Analysts at National Bank Financial have raised their FY2026 earnings per share (EPS) estimate for Kinross Gold from $1.75 to $2.05, anticipating stronger performance ahead.
• The stock is currently rated as a Moderate Buy with an average target price of $21.07, according to data from MarketBeat.com.
• Kinross Gold recently announced a quarterly dividend of $0.03, representing an annualized dividend yield of 0.5%.

Kinross Gold Corporation (NYSE:KGC - Free Report) TSE: K - Analysts at National Bank Financial raised their FY2026 earnings per share (EPS) estimates for shares of Kinross Gold in a research note issued on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now expects that the mining company will post earnings per share of $2.05 for the year, up from their previous forecast of $1.75. The consensus estimate for Kinross Gold's current full-year earnings is $0.81 per share.

Other equities analysts also recently issued research reports about the company. Raymond James Financial raised Kinross Gold to a "hold" rating and set a $15.00 price objective on the stock in a research report on Monday, June 30th. National Bankshares restated an "outperform" rating on shares of Kinross Gold in a report on Tuesday, June 24th. Royal Bank Of Canada lifted their price objective on shares of Kinross Gold from $14.00 to $19.00 and gave the stock a "sector perform" rating in a research report on Wednesday, June 4th. Wall Street Zen downgraded shares of Kinross Gold from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 20th. Finally, Canaccord Genuity Group lifted their price objective on shares of Kinross Gold from $28.00 to $29.50 and gave the company a "buy" rating in a research note on Thursday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $21.07.

Kinross Gold Stock Performance

Shares of NYSE:KGC opened at $23.61 on Friday. The company has a market capitalization of $28.62 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 0.75 and a beta of 0.62. The firm's 50-day moving average is $19.85 and its 200 day moving average is $16.19. Kinross Gold has a 12 month low of $8.99 and a 12 month high of $24.91. The company has a current ratio of 2.84, a quick ratio of 1.45 and a debt-to-equity ratio of 0.16.

Kinross Gold (NYSE:KGC - Get Free Report) TSE: K last released its earnings results on Wednesday, July 30th. The mining company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.11. Kinross Gold had a return on equity of 20.04% and a net margin of 25.18%.The firm had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the previous year, the company posted $0.14 EPS. The company's revenue for the quarter was up 41.7% compared to the same quarter last year.

Hedge Funds Weigh In On Kinross Gold

A number of institutional investors and hedge funds have recently bought and sold shares of KGC. Transce3nd LLC boosted its stake in Kinross Gold by 128.2% during the second quarter. Transce3nd LLC now owns 2,914 shares of the mining company's stock worth $46,000 after buying an additional 1,637 shares during the last quarter. Banque Cantonale Vaudoise acquired a new stake in shares of Kinross Gold in the first quarter valued at $55,000. MAI Capital Management increased its stake in Kinross Gold by 22.0% during the second quarter. MAI Capital Management now owns 5,022 shares of the mining company's stock worth $78,000 after purchasing an additional 907 shares during the period. IFP Advisors Inc increased its stake in Kinross Gold by 19.1% during the 2nd quarter. IFP Advisors Inc now owns 5,210 shares of the mining company's stock worth $81,000 after buying an additional 835 shares during the period. Finally, Farther Finance Advisors LLC increased its position in shares of Kinross Gold by 188.6% during the first quarter. Farther Finance Advisors LLC now owns 5,599 shares of the mining company's stock worth $71,000 after acquiring an additional 3,659 shares during the period. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Kinross Gold Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were given a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, August 21st. Kinross Gold's dividend payout ratio (DPR) is 9.68%.

About Kinross Gold

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.

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