Raymond James Financial Estimates Newmont FY2025 Earnings

Key Points

• Raymond James Financial has revised Newmont's FY2025 earnings estimate to $7.04 per share, slightly down from the previous estimate of $7.05.
• Despite the earnings revision, a number of analysts have shown confidence in Newmont, with National Bankshares raising their price target to C$125.00 and several firms upgrading their ratings.
• Newmont's stock is currently valued at C$117.24 with a market cap of C$128.78 billion and shows a twelve-month high of C$119.73.

Newmont Co. (TSE:NGT - Free Report) - Equities research analysts at Raymond James Financial cut their FY2025 earnings estimates for Newmont in a note issued to investors on Monday, September 22nd. Raymond James Financial analyst B. Macarthur now anticipates that the company will post earnings of $7.04 per share for the year, down from their prior forecast of $7.05. The consensus estimate for Newmont's current full-year earnings is $5.51 per share. Raymond James Financial also issued estimates for Newmont's Q4 2025 earnings at $1.72 EPS, Q1 2026 earnings at $1.70 EPS, Q2 2026 earnings at $1.76 EPS, Q3 2026 earnings at $1.83 EPS, Q4 2026 earnings at $1.85 EPS and FY2026 earnings at $7.14 EPS.

A number of other analysts have also recently weighed in on NGT. National Bankshares raised their price objective on shares of Newmont from C$110.00 to C$125.00 and gave the stock an "outperform" rating in a report on Monday. Stifel Canada raised shares of Newmont to a "strong-buy" rating in a report on Tuesday, July 8th. The Goldman Sachs Group cut shares of Newmont from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 8th. National Bank Financial raised shares of Newmont from a "hold" rating to a "strong-buy" rating in a report on Friday, July 25th. Finally, Royal Bank Of Canada raised shares of Newmont from a "hold" rating to a "moderate buy" rating in a report on Wednesday, September 10th. Five investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$85.00.

Newmont Stock Up 1.3%

NGT stock opened at C$117.24 on Wednesday. The company has a current ratio of 1.96, a quick ratio of 1.77 and a debt-to-equity ratio of 30.62. Newmont has a twelve month low of C$53.03 and a twelve month high of C$119.73. The company's 50 day moving average is C$97.05 and its two-hundred day moving average is C$81.62. The stock has a market cap of C$128.78 billion, a P/E ratio of 21.09, a PEG ratio of 1.43 and a beta of 0.90.

Newmont Company Profile

Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.

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