How were Kirkland Lake Gold's earnings last quarter?

Kirkland Lake Gold Ltd. (NYSE:KL) issued its quarterly earnings data on Wednesday, November, 3rd. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.10. The firm had revenue of $666.98 million for the quarter, compared to analyst estimates of $782.31 million. Kirkland Lake Gold had a net margin of 34.70% and a trailing twelve-month return on equity of 17.70%. The firm's revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.91 EPS.

Is Kirkland Lake Gold a good dividend stock?

Kirkland Lake Gold (NYSE:KL) pays an annual dividend of $0.75 per share and currently has a dividend yield of 1.93%. The dividend payout ratio is 22.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KL will have a dividend payout ratio of 23.15% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KL .

What other stocks do shareholders of Kirkland Lake Gold own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kirkland Lake Gold investors own include NVIDIA (NVDA) , Intel (INTC) , Advanced Micro Devices (AMD) , Alibaba Group (BABA) , Cisco Systems (CSCO) , AbbVie (ABBV) , Barrick Gold (GOLD) , Newmont (NEM) , Block (SQ) and Micron Technology (MU) .

NYSE:KL

Kirkland Lake Gold (KL) Stock Price, News & Analysis

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Today's Range: $38.38
▼
$39.52
50-Day Range: $36.49
▼
$42.75
52-Week Range: $31.72
▼
$46.98

Volume: 2.33 million shs
Average Volume: 1.78 million shs
Market Capitalization: $10.26 billion

P/E Ratio: 11.76
Dividend Yield: 1.93%
Price Target: N/A

Stock Analysis

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Kirkland Lake Gold MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -3.88
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: -2.11%
From $3.31 to $3.24 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.10 out of 5 stars

Basic Materials Sector

169th out of 172 stocks

Gold & Silver Ores Industry

37th out of 38 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Kirkland Lake Gold.

N/A

Short Interest

Short Interest
There is no current short interest data available for KL.

2.5

Dividend Strength

Dividend Yield
Kirkland Lake Gold pays a meaningful dividend of 1.93%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Kirkland Lake Gold does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Kirkland Lake Gold is 22.66%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Kirkland Lake Gold will have a dividend payout ratio of 23.15% next year. This indicates that Kirkland Lake Gold will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Kirkland Lake Gold has received a -113.40% net impact score from Upright. The largest negative impact of Kirkland Lake Gold in category "GHG emissions" is driven by its "Gold" and "Mineral exploration and evaluation services" products. See details.
Environmental Sustainability
The Environmental Impact score for Kirkland Lake Gold is -3.88.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Kirkland Lake Gold this week, compared to 1 article on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kirkland Lake Gold insiders have not sold or bought any company stock.
Percentage Held by Institutions
51.38% of the stock of Kirkland Lake Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Kirkland Lake Gold are expected to decrease by -2.11% in the coming year, from $3.31 to $3.24 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kirkland Lake Gold is 11.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kirkland Lake Gold is 11.76, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 127.84.
Price to Earnings Growth Ratio
Kirkland Lake Gold has a PEG Ratio of 3.93. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Kirkland Lake Gold has a P/B Ratio of 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Kirkland Lake Gold Stock (NYSE:KL)

Kirkland Lake Gold Ltd. engages in the mining, development, and exploration of gold properties. The firms projects include Holt Mine, Macassa Mine, and Detour Lake Mine. The company was founded on June 29, 1983 and is headquartered in Toronto, Canada.

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KL Stock News Headlines

April 17, 2024 | finance.yahoo.com

Copper Surges to 14-Month High on Supply Risks and Economic Recovery Hopes

April 9, 2024 | juniorminingnetwork.com

Rockridge Resources Receives Exploration and Drilling Permit for its Flagship Knife Lake Copper Project in Saskatchewan

April 19, 2024 | Altimetry (Ad)

I’m officially sounding the alarm.

April 9, 2024 | msn.com

People rallying to save Kirkland Lake's historic château

April 9, 2024 | msn.com

Grand National 2024 full race card, runners and odds for Opening Day on Thursday

April 9, 2024 | msn.com

‘Galloping Gourmet’ celebrity chef Graham Kerr is a Stanwood newlywed

April 9, 2024 | finance.yahoo.com

Rockridge Receives Exploration and Drilling Permit for its Flagship Knife Lake Copper Project in Saskatchewan

April 9, 2024 | finance.yahoo.com

North Peak's Upcoming Drill Program to Target Gold on Prospect Mountain North; Drilling Plans Close to Being Finalized and Weather Improving

April 19, 2024 | Altimetry (Ad)

I’m officially sounding the alarm.

March 27, 2024 | juniorminingnetwork.com

Northstar Gold Commences EM Surveys Targeting Cam Copper VMS Extensions at Miller Copper-Gold Property

March 20, 2024 | msn.com

It may be your last summer to visit the historic Oakes château in Kirkland Lake

March 18, 2024 | finance.yahoo.com

Agnico Eagle Mines Limited: Mined Commodities Are Essential to the Economy, but Moats Are Rare

March 13, 2024 | msn.com

Manitoba plans regular hike to minimum wage, labour group wants more

March 12, 2024 | ca.finance.yahoo.com

Uvalde police chief announces his resignation after independent investigation

March 12, 2024 | finance.yahoo.com

Record Resources Completes Acquisition of Grenfell Gold Property

March 1, 2024 | benzinga.com

Smart Money Is Betting Big In AEM Options

February 29, 2024 | msn.com

Kirkland Lake resident speaks out about water, sewer rate hike

February 29, 2024 | finanznachrichten.de

Atacama Resources International Inc.: Atacama Resources International Announces That Drilling Has Begun on the Company's North Tannahill Mining Claims

January 30, 2024 | juniorminingnetwork.com

Omega and Kirkland West Properties Revert to 100% Ownership By Mistango River Resources

January 30, 2024 | finance.yahoo.com

Omega and Kirkland West Properties Revert to 100% Ownership By Mistango

January 19, 2024 | finance.yahoo.com

Metalite Announces LOI to Acquire Advanced Stage Critical Metals Project and Launches $800,000 Private Placement

January 11, 2024 | stockhouse.com

iMetal Resources Commences Phase 2 Graphite Drilling at The Carheil Project in Quebec

December 22, 2023 | finance.yahoo.com

Advanced Gold Exploration Inc. Announces Acquisition of Melba Property

December 18, 2023 | finance.yahoo.com

Northstar Receives OJEP Critical Minerals Grant for Rosegrove Property

December 14, 2023 | finance.yahoo.com

Northstar Gold Corp. Closes First Tranche of Critical Minerals Private Placement

November 20, 2023 | juniorminingnetwork.com

Canada Silver Cobalt Initiates Drilling at Castle Project Targeting New Gold and Silver Mineralization

November 16, 2023 | finance.yahoo.com

Northstar Drills Multiple Horizons of High-Grade Volcanogenic Massive Sulphides at Historic Cam Copper Mine

See More Headlines

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Company Calendar

Last Earnings: 11/03/2021
Today: 4/19/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Gold & Silver Ores
Sub-Industry: N/A
Current Symbol: NYSE:KL
CUSIP: N/A
CIK: 1713443
Web: www.klgold.com
Phone: (416) 840-7884
Fax: N/A
Employees: 2,878
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $3.31
Trailing P/E Ratio: 11.76
Forward P/E Ratio: 11.76
P/E Growth: 3.93
Net Income: $787.71 million
Net Margins: 34.70%
Pretax Margin: 48.74%
Return on Equity: 17.70%
Return on Assets: 12.88%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.04
Quick Ratio: 2.52

Sales & Book Value

Annual Sales: $2.46 billion
Price / Sales: 4.17
Cash Flow: $4.98 per share
Price / Cash Flow: 7.81
Book Value: $19.04 per share
Price / Book: 2.04

Miscellaneous

Outstanding Shares: 263,711,000
Free Float: N/A
Market Cap: $10.26 billion
Optionable: Optionable
Beta: 0.70

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Key Executives

Anthony P. Makuch
President, Chief Executive Officer & Director
Natasha Vaz
Chief Operating Officer
David Soares
Chief Financial Officer
Andre Leite
Vice President-Technical Services
Jason R. Neal
Executive Vice President

Key Competitors

View All Competitors

KL Stock Analysis - Frequently Asked Questions

How were Kirkland Lake Gold's earnings last quarter?: Kirkland Lake Gold Ltd. (NYSE:KL) issued its quarterly earnings data on Wednesday, November, 3rd. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.10. The firm had revenue of $666.98 million for the quarter, compared to analyst estimates of $782.31 million. Kirkland Lake Gold had a net margin of 34.70% and a trailing twelve-month return on equity of 17.70%. The firm's revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.91 EPS.
Is Kirkland Lake Gold a good dividend stock?: Kirkland Lake Gold (NYSE:KL) pays an annual dividend of $0.75 per share and currently has a dividend yield of 1.93%. The dividend payout ratio is 22.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, KL will have a dividend payout ratio of 23.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KL.
What other stocks do shareholders of Kirkland Lake Gold own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Kirkland Lake Gold investors own include NVIDIA (NVDA), Intel (INTC), Advanced Micro Devices (AMD), Alibaba Group (BABA), Cisco Systems (CSCO), AbbVie (ABBV), Barrick Gold (GOLD), Newmont (NEM), Block (SQ) and Micron Technology (MU).

This page (NYSE:KL) was last updated on 4/19/2024 by MarketBeat.com Staff

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Kirkland Lake Gold (KL) Stock Price, News & Analysis

Kirkland Lake Gold MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

Company Ownership

Earnings and Valuation

About Kirkland Lake Gold Stock (NYSE:KL)

KL Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

KL Stock Analysis - Frequently Asked Questions

Overall MarketRank^™