Raymond James Financial Weighs in on Kinross Gold Q2 Earnings

Kinross Gold Corporation (NYSE:KGC - Free Report) TSE: K - Investment analysts at Raymond James Financial issued their Q2 2025 earnings per share estimates for shares of Kinross Gold in a note issued to investors on Monday, June 30th. Raymond James Financial analyst J. Elliott forecasts that the mining company will earn $0.28 per share for the quarter. 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 $0.31 EPS, Q4 2025 earnings at $0.30 EPS and FY2025 earnings at $1.12 EPS.

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

A number of other equities analysts also recently issued reports on the company. Scotiabank increased their price target on Kinross Gold from $16.00 to $17.00 and gave the stock a "sector outperform" rating in a research report on Thursday, May 8th. National Bankshares reissued an "outperform" rating on shares of Kinross Gold in a research report on Tuesday, June 24th. National Bank Financial raised Kinross Gold to a "strong-buy" rating in a research report on Friday, March 21st. BMO Capital Markets assumed coverage on Kinross Gold in a research report on Wednesday, April 16th. They set an "outperform" rating on the stock. Finally, Stifel Canada upgraded Kinross Gold to a "strong-buy" rating in a research note on Wednesday, March 19th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Kinross Gold currently has a consensus rating of "Buy" and a consensus price target of $17.00.

Kinross Gold Stock Up 1.7%

Shares of KGC traded up $0.27 during midday trading on Wednesday, reaching $15.84. 12,114,985 shares of the stock were exchanged, compared to its average volume of 18,793,998. Kinross Gold has a 52 week low of $7.84 and a 52 week high of $16.04. The company has a current ratio of 2.83, a quick ratio of 1.22 and a debt-to-equity ratio of 0.17. The company's 50 day moving average is $14.97 and its two-hundred day moving average is $12.73. The company has a market capitalization of $19.43 billion, a P/E ratio of 16.16, a PEG ratio of 0.65 and a beta of 0.63.

Kinross Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 12th. Investors of record on Thursday, May 29th were paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date of this dividend was Thursday, May 29th. Kinross Gold's dividend payout ratio (DPR) is currently 12.24%.

Institutional Investors Weigh In On Kinross Gold

Hedge funds have recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted its stake in shares of Kinross Gold by 109.3% during the 4th quarter. Jones Financial Companies Lllp now owns 2,704 shares of the mining company's stock worth $25,000 after purchasing an additional 1,412 shares during the last quarter. Mark Sheptoff Financial Planning LLC raised its stake in Kinross Gold by 30.4% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 4,302 shares of the mining company's stock valued at $40,000 after buying an additional 1,002 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in Kinross Gold in the first quarter valued at about $55,000. SBI Securities Co. Ltd. purchased a new stake in Kinross Gold in the fourth quarter valued at about $42,000. Finally, Farther Finance Advisors LLC raised its stake in Kinross Gold by 188.6% in the first quarter. Farther Finance Advisors LLC now owns 5,599 shares of the mining company's stock valued at $71,000 after buying an additional 3,659 shares during the last quarter. 63.69% of the stock is currently owned by hedge funds and other institutional investors.

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.