Newmont (NEM) Projected to Post Earnings on Thursday

Newmont (NYSE:NEM - Get Free Report) is expected to be releasing its Q2 2025 earnings data after the market closes on Thursday, July 24th. Analysts expect Newmont to post earnings of $0.95 per share and revenue of $4.70 billion for the quarter.

Newmont (NYSE:NEM - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The basic materials company reported $1.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.71 by $0.54. The business had revenue of $5.01 billion for the quarter, compared to analyst estimates of $4.82 billion. Newmont had a return on equity of 15.75% and a net margin of 25.77%. During the same period in the prior year, the company earned $0.55 EPS. On average, analysts expect Newmont to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Newmont Price Performance

NYSE NEM traded down $0.45 during trading on Thursday, reaching $58.00. The company's stock had a trading volume of 13,667,467 shares, compared to its average volume of 10,787,571. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.98 and a quick ratio of 1.70. The stock has a market capitalization of $64.55 billion, a PE ratio of 13.00, a P/E/G ratio of 0.65 and a beta of 0.33. The firm has a fifty day moving average of $55.64 and a 200 day moving average of $49.34. Newmont has a one year low of $36.86 and a one year high of $61.17.

Newmont Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Tuesday, May 27th were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, May 27th. This represents a $1.00 annualized dividend and a dividend yield of 1.72%. Newmont's dividend payout ratio (DPR) is presently 22.42%.

Insider Activity at Newmont

In other Newmont news, EVP Peter Toth sold 3,000 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $54.09, for a total value of $162,270.00. Following the completion of the sale, the executive vice president owned 77,526 shares in the company, valued at approximately $4,193,381.34. This trade represents a 3.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Bruce R. Brook sold 2,077 shares of the stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $58.75, for a total value of $122,023.75. Following the completion of the sale, the director owned 43,103 shares of the company's stock, valued at approximately $2,532,301.25. This trade represents a 4.60% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,231 shares of company stock worth $679,813. 0.05% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Newmont

An institutional investor recently raised its position in Newmont stock. Woodline Partners LP grew its holdings in Newmont Corporation (NYSE:NEM - Free Report) by 40.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 96,182 shares of the basic materials company's stock after buying an additional 27,813 shares during the quarter. Woodline Partners LP's holdings in Newmont were worth $4,644,000 at the end of the most recent quarter. Institutional investors and hedge funds own 68.85% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on NEM shares. Stifel Canada upgraded Newmont to a "strong-buy" rating in a research report on Tuesday, July 8th. National Bankshares reiterated a "sector perform" rating on shares of Newmont in a research report on Tuesday, June 24th. National Bank Financial upgraded Newmont to a "hold" rating in a research report on Friday, March 21st. CIBC set a $74.00 price objective on Newmont and gave the company a "neutral" rating in a research report on Tuesday. Finally, Wall Street Zen upgraded Newmont from a "hold" rating to a "buy" rating in a research report on Friday, May 30th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Newmont has a consensus rating of "Moderate Buy" and an average price target of $62.49.

Newmont Company Profile

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.