Raymond James Financial Comments on Kinross Gold Q3 Earnings

Key Points

• Raymond James Financial has raised its Q3 2025 EPS estimate for Kinross Gold to $0.37, up from $0.36, maintaining a "Market Perform" rating with a price target of $25.00.
• Multiple brokerages have recently upgraded their ratings and price targets for Kinross Gold, with Jefferies Group increasing its price target to $18.00 and UBS raising it to $27.00.
• Kinross Gold reported $0.44 earnings per share in its last quarterly results, exceeding expectations, and its revenue increased by 41.7% year-over-year.

Kinross Gold Corporation (NYSE:KGC - Free Report) TSE: K - Stock analysts at Raymond James Financial boosted their Q3 2025 earnings per share (EPS) estimates for Kinross Gold in a research report issued on Thursday, October 9th. Raymond James Financial analyst J. Elliott now anticipates that the mining company will post earnings per share of $0.37 for the quarter, up from their prior estimate of $0.36. Raymond James Financial has a "Market Perform" rating and a $25.00 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 Q4 2025 earnings at $0.44 EPS, FY2025 earnings at $1.55 EPS, Q1 2026 earnings at $0.43 EPS, Q2 2026 earnings at $0.42 EPS, Q3 2026 earnings at $0.43 EPS and Q4 2026 earnings at $0.37 EPS.

Several other brokerages also recently commented on KGC. Jefferies Financial Group raised Kinross Gold from a "hold" rating to a "buy" rating and upped their target price for the company from $14.00 to $18.00 in a report on Thursday, June 26th. UBS Group raised their price target on Kinross Gold from $20.00 to $27.00 and gave the stock a "buy" rating in a research note on Friday, September 19th. CIBC increased their price objective on Kinross Gold from $22.00 to $36.00 and gave the company an "outperformer" rating in a report on Friday. Zacks Research lowered Kinross Gold from a "strong-buy" rating to a "hold" rating in a report on Monday, September 1st. Finally, TD Securities lifted their price objective on Kinross Gold from $22.00 to $30.00 and gave the stock a "buy" rating in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Kinross Gold has an average rating of "Buy" and a consensus price target of $25.19.

Kinross Gold Stock Performance

Kinross Gold stock opened at $24.24 on Monday. The stock's 50 day moving average price is $21.81 and its 200 day moving average price is $17.24. The firm has a market capitalization of $29.38 billion, a PE ratio of 19.54, a price-to-earnings-growth ratio of 0.77 and a beta of 0.64. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.45 and a current ratio of 2.84. Kinross Gold has a one year low of $8.99 and a one year high of $25.91.

Kinross Gold (NYSE:KGC - Get Free Report) TSE: K last announced its quarterly earnings results on Wednesday, July 30th. The mining company reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.11. The business had revenue of $1.75 billion during the quarter, compared to analysts' expectations of $1.52 billion. Kinross Gold had a return on equity of 20.04% and a net margin of 25.18%.The business's revenue for the quarter was up 41.7% on a year-over-year basis. During the same quarter last year, the business posted $0.14 earnings per share.

Institutional Trading of Kinross Gold

Several large investors have recently added to or reduced their stakes in KGC. Armstrong Advisory Group Inc. raised its stake in Kinross Gold by 95.6% during the third quarter. Armstrong Advisory Group Inc. now owns 1,467 shares of the mining company's stock valued at $36,000 after purchasing an additional 717 shares in the last quarter. Transce3nd LLC boosted its stake in Kinross Gold by 128.2% during the 2nd quarter. Transce3nd LLC now owns 2,914 shares of the mining company's stock worth $46,000 after purchasing an additional 1,637 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in Kinross Gold in the first quarter valued at about $55,000. MAI Capital Management lifted its position in shares of Kinross Gold by 22.0% during the second quarter. MAI Capital Management now owns 5,022 shares of the mining company's stock worth $78,000 after purchasing an additional 907 shares in the last quarter. Finally, IFP Advisors Inc increased its stake in shares of Kinross Gold by 19.1% during the second quarter. IFP Advisors Inc now owns 5,210 shares of the mining company's stock worth $81,000 after buying an additional 835 shares during the period. 63.69% of the stock is currently owned by institutional investors.

Kinross Gold Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Thursday, August 21st. Kinross Gold's dividend payout ratio is currently 9.68%.

About Kinross Gold

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.

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