Kinross Gold FY2026 EPS Increased by National Bank Financial

Key Points

• National Bank Financial has revised its FY2026 earnings estimate for Kinross Gold to $2.83 per share, an increase from the previous estimate of $2.40.
• Kinross Gold's stock is currently rated as a "Buy" with a consensus price target of C$26.25, following multiple upgrades from various analysts.
• The company announced a $0.03 quarterly dividend with a current dividend yield of 0.4%, reflecting a payout ratio of 9.68%.

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Equities research analysts at National Bank Financial lifted their FY2026 earnings estimates for shares of Kinross Gold in a report released on Tuesday, September 23rd. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings per share of $2.83 for the year, up from their prior estimate of $2.40. The consensus estimate for Kinross Gold's current full-year earnings is $1.01 per share.

K has been the subject of several other reports. National Bankshares increased their price objective on shares of Kinross Gold from C$27.00 to C$28.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. UBS Group upgraded Kinross Gold to a "strong-buy" rating in a report on Monday, August 4th. Finally, Raymond James Financial raised Kinross Gold to a "hold" rating in a report on Monday, June 30th. Four research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of C$26.25.

Kinross Gold Stock Up 1.8%

TSE:K opened at C$32.94 on Friday. The company has a market cap of C$40.15 billion, a PE ratio of 26.56, a P/E/G ratio of -0.60 and a beta of 0.67. Kinross Gold has a one year low of C$12.56 and a one year high of C$34.43. The firm's 50 day simple moving average is C$27.35 and its 200 day simple moving average is C$22.40. The company has a debt-to-equity ratio of 18.81, a current ratio of 1.61 and a quick ratio of 1.11.

Insider Activity at Kinross Gold

In other news, insider Claude J.S. Schimper sold 2,131 shares of the stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of C$27.86, for a total transaction of C$59,369.66. Following the completion of the transaction, the insider owned 35,258 shares in the company, valued at approximately C$982,287.88. This represents a 5.70% decrease in their position. 0.26% of the stock is owned by corporate insiders.

Kinross Gold Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.4%. Kinross Gold's payout ratio is presently 9.68%.

Kinross Gold Company Profile

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.

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