FY2026 EPS Forecast for Kinross Gold Decreased by Analyst

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Stock analysts at National Bank Financial dropped their FY2026 earnings per share estimates for shares of Kinross Gold in a research report issued to clients and investors on Wednesday, May 7th. National Bank Financial analyst S. Nagle now anticipates that the company will earn $1.83 per share for the year, down from their prior estimate of $1.90. 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. National Bank Financial also issued estimates for Kinross Gold's FY2027 earnings at $1.97 EPS.

K has been the topic of several other research reports. Stifel Canada upgraded Kinross Gold to a "strong-buy" rating in a research note on Wednesday, March 19th. National Bankshares raised their price target on Kinross Gold from C$22.00 to C$23.00 and gave the stock an "outperform" rating in a report on Wednesday, April 2nd. BMO Capital Markets raised Kinross Gold to a "strong-buy" rating in a report on Wednesday, April 16th. Finally, Stifel Nicolaus raised their price target on Kinross Gold from C$23.50 to C$24.50 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Four research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of C$20.00.

Kinross Gold Stock Up 1.8%

Shares of Kinross Gold stock traded up C$0.34 during trading on Monday, hitting C$19.19. 3,277,741 shares of the stock traded hands, compared to its average volume of 3,693,287. The stock's fifty day simple moving average is C$18.74 and its 200 day simple moving average is C$16.14. Kinross Gold has a 52-week low of C$9.91 and a 52-week high of C$22.01. The company has a current ratio of 1.61, a quick ratio of 1.11 and a debt-to-equity ratio of 18.81. The firm has a market cap of C$16.69 billion, a P/E ratio of 22.59, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24.

Insider Buying and Selling at Kinross Gold

In other Kinross Gold news, Director George Vincent Albino purchased 5,000 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were acquired at an average price of C$16.07 per share, with a total value of C$80,369.87. Also, Senior Officer Geoffrey Peters Gold sold 99,347 shares of the company's stock in a transaction on Friday, February 28th. The shares were sold at an average price of C$15.22, for a total value of C$1,512,061.34. Insiders sold a total of 349,670 shares of company stock worth $5,366,186 in the last three months. 0.26% of the stock is owned by corporate insiders.

Kinross Gold Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 29th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.63%. Kinross Gold's payout ratio is currently 18.84%.

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.