FY2027 EPS Estimates for Gold Fields Increased by Scotiabank

Key Points

• Scotiabank raised its FY2027 EPS estimate for Gold Fields to $4.56 (from $4.54) and maintains a Sector Perform rating with a $60 price objective, versus a consensus full‑year EPS of $5.37.
• Analyst coverage is mixed—five Buys, five Holds and one Sell—resulting in an average rating of Hold and an average price target of $49.75, while shares opened around $44.93 and were trading down about 1.8%.
• Gold Fields paid a special dividend of $1.4419 on March 26 (ex‑dividend March 13), flagged as a 633.0% yield, and institutional investors own roughly 24.8% of the stock amid recent modest hedge‑fund position changes.

Gold Fields Limited (NYSE:GFI - Free Report) - Analysts at Scotiabank upped their FY2027 earnings per share estimates for shares of Gold Fields in a research report issued on Thursday, April 23rd. Scotiabank analyst T. Jakusconek now expects that the company will earn $4.56 per share for the year, up from their previous forecast of $4.54. Scotiabank has a "Sector Perform" rating and a $60.00 price objective on the stock. The consensus estimate for Gold Fields' current full-year earnings is $5.37 per share.

Several other equities research analysts also recently weighed in on the company. Zacks Research downgraded Gold Fields from a "strong-buy" rating to a "hold" rating in a report on Tuesday, March 31st. Morgan Stanley downgraded Gold Fields from an "equal weight" rating to an "underweight" rating in a report on Friday, January 23rd. JPMorgan Chase & Co. increased their price objective on Gold Fields from $64.00 to $65.00 and gave the company an "overweight" rating in a report on Tuesday, January 20th. Wall Street Zen downgraded Gold Fields from a "strong-buy" rating to a "buy" rating in a report on Monday. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Gold Fields in a report on Thursday, January 22nd. Five analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $49.75.

Gold Fields Trading Down 1.8%

Shares of NYSE GFI opened at $44.93 on Tuesday. The stock's 50-day moving average is $48.47 and its two-hundred day moving average is $46.38. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.33 and a current ratio of 1.79. Gold Fields has a 1-year low of $19.35 and a 1-year high of $61.64.

Gold Fields Dividend Announcement

The firm also recently disclosed a special dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, March 13th were issued a $1.4419 dividend. The ex-dividend date was Friday, March 13th. This represents a dividend yield of 633.0%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. V Square Quantitative Management LLC acquired a new stake in shares of Gold Fields in the 1st quarter valued at about $25,000. CIBC Private Wealth Group LLC boosted its position in shares of Gold Fields by 47.1% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 853 shares of the company's stock valued at $36,000 after purchasing an additional 273 shares during the period. Archer Investment Corp acquired a new stake in shares of Gold Fields in the 3rd quarter valued at about $42,000. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of Gold Fields in the 3rd quarter valued at about $45,000. Finally, Bayforest Capital Ltd boosted its position in shares of Gold Fields by 1,106.7% in the 4th quarter. Bayforest Capital Ltd now owns 1,086 shares of the company's stock valued at $47,000 after purchasing an additional 996 shares during the period. Hedge funds and other institutional investors own 24.81% of the company's stock.

About Gold Fields

Gold Fields NYSE: GFI is a Johannesburg‑based gold mining company that operates as an international producer of gold. Listed on multiple exchanges and traded in the United States via American Depositary Receipts under the ticker GFI, the company focuses on the exploration, development, extraction and processing of gold-bearing ore and the sale of refined gold products. Its operations span several regions, serving global bullion markets and supplying gold for both investment and industrial uses.

The company's core activities include mine development and underground and open‑pit mining, ore treatment and refining, and ongoing exploration to replace reserves.

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