Kinross Gold Q2 EPS Lifted by Raymond James Financial

Kinross Gold Corporation (NYSE:KGC - Free Report) TSE: K - Investment analysts at Raymond James Financial boosted their Q2 2025 earnings estimates for shares of Kinross Gold in a report issued on Wednesday, July 23rd. Raymond James Financial analyst J. Elliott now forecasts that the mining company will earn $0.31 per share for the quarter, up from their prior estimate of $0.28. Raymond James Financial has a "Hold" rating and a $15.00 price objective on the stock. The consensus estimate for Kinross Gold's current full-year earnings is $0.81 per share. Raymond James Financial also issued estimates for Kinross Gold's Q3 2025 earnings at $0.30 EPS, FY2025 earnings at $1.22 EPS and FY2026 earnings at $1.16 EPS.

A number of other equities analysts have also recently issued reports on the company. Royal Bank Of Canada raised their target price on Kinross Gold from $14.00 to $19.00 and gave the stock a "sector perform" rating in a report on Wednesday, June 4th. National Bankshares restated an "outperform" rating on shares of Kinross Gold in a report on Tuesday, June 24th. BMO Capital Markets began coverage on shares of Kinross Gold in a research report on Wednesday, April 16th. They set an "outperform" rating on the stock. Scotiabank upped their price objective on shares of Kinross Gold from $16.00 to $17.00 and gave the company a "sector outperform" rating in a research report on Thursday, May 8th. Finally, Jefferies Financial Group raised Kinross Gold from a "hold" rating to a "buy" rating and raised their price objective for the stock from $14.00 to $18.00 in a research note on Thursday, June 26th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $18.00.

Kinross Gold Trading Up 1.8%

Shares of Kinross Gold stock traded up $0.29 during trading on Friday, reaching $16.13. 28,107,900 shares of the company were exchanged, compared to its average volume of 15,320,698. The business has a 50-day moving average price of $15.35 and a 200-day moving average price of $13.35. The firm has a market capitalization of $19.78 billion, a price-to-earnings ratio of 16.45, a P/E/G ratio of 0.58 and a beta of 0.63. The company has a quick ratio of 1.22, a current ratio of 2.83 and a debt-to-equity ratio of 0.17. Kinross Gold has a twelve month low of $7.84 and a twelve month high of $16.52.

Kinross Gold (NYSE:KGC - Get Free Report) TSE: K last announced its quarterly earnings data on Tuesday, May 6th. The mining company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.08. The firm had revenue of $1.44 billion for the quarter, compared to analysts' expectations of $1.43 billion. Kinross Gold had a net margin of 21.74% and a return on equity of 15.63%. The business's revenue for the quarter was up 38.5% on a year-over-year basis. During the same period last year, the firm earned $0.10 earnings per share.

Kinross Gold Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 12th. Shareholders of record on Thursday, May 29th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend was Thursday, May 29th. Kinross Gold's dividend payout ratio (DPR) is presently 12.24%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Banque Cantonale Vaudoise bought a new stake in Kinross Gold in the 1st quarter valued at approximately $55,000. Farther Finance Advisors LLC lifted its position in shares of Kinross Gold by 188.6% in the first quarter. Farther Finance Advisors LLC now owns 5,599 shares of the mining company's stock worth $71,000 after purchasing an additional 3,659 shares in the last quarter. Headlands Technologies LLC acquired a new position in Kinross Gold during the first quarter worth $77,000. Bruce G. Allen Investments LLC increased its stake in Kinross Gold by 68.6% in the 1st quarter. Bruce G. Allen Investments LLC now owns 6,295 shares of the mining company's stock valued at $79,000 after buying an additional 2,561 shares during the last quarter. Finally, SBI Securities Co. Ltd. lifted its position in Kinross Gold by 39.3% during the 1st quarter. SBI Securities Co. Ltd. now owns 6,339 shares of the mining company's stock worth $80,000 after buying an additional 1,787 shares in the last quarter. 63.69% of the stock is owned by institutional investors and hedge funds.

Kinross Gold Company Profile

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.