Stifel Canada Raises Earnings Estimates for Kinross Gold

Kinross Gold Co. (NYSE:KGC - Free Report) TSE: K - Investment analysts at Stifel Canada increased their FY2025 earnings per share (EPS) estimates for Kinross Gold in a research report issued to clients and investors on Monday, April 21st. Stifel Canada analyst R. Profiti now anticipates that the mining company will earn $1.02 per share for the year, up from their prior estimate of $0.80. Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for Kinross Gold's current full-year earnings is $0.81 per share. Stifel Canada also issued estimates for Kinross Gold's FY2026 earnings at $1.19 EPS.

Kinross Gold (NYSE:KGC - Get Free Report) TSE: K last released its quarterly earnings results on Wednesday, February 12th. The mining company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.03). Kinross Gold had a return on equity of 12.65% and a net margin of 18.43%.

Several other analysts also recently commented on the stock. Raymond James upped their price target on shares of Kinross Gold from $12.00 to $15.00 and gave the company a "market perform" rating in a research report on Friday, April 4th. Scotiabank reiterated an "outperform" rating on shares of Kinross Gold in a research note on Monday, April 14th. CIBC increased their price objective on shares of Kinross Gold from $13.00 to $14.00 and gave the company an "outperform" rating in a research note on Thursday, February 13th. National Bank Financial raised Kinross Gold to a "strong-buy" rating in a research report on Friday, March 21st. Finally, National Bankshares reissued an "outperform" rating on shares of Kinross Gold in a research note on Wednesday. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, Kinross Gold has an average rating of "Buy" and a consensus target price of $13.30.

Kinross Gold Stock Up 0.9 %

Shares of Kinross Gold stock traded up $0.14 during trading on Wednesday, hitting $14.63. 13,418,589 shares of the stock were exchanged, compared to its average volume of 17,787,957. Kinross Gold has a 12-month low of $6.42 and a 12-month high of $15.46. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 0.83. The stock has a market cap of $18.00 billion, a price-to-earnings ratio of 19.01, a price-to-earnings-growth ratio of 0.68 and a beta of 1.12. The firm's 50-day moving average price is $12.43 and its 200 day moving average price is $11.01.

Institutional Trading of Kinross Gold

A number of institutional investors have recently bought and sold shares of KGC. Jones Financial Companies Lllp raised its position in Kinross Gold by 109.3% during the fourth quarter. Jones Financial Companies Lllp now owns 2,704 shares of the mining company's stock valued at $25,000 after acquiring an additional 1,412 shares in the last quarter. Mark Sheptoff Financial Planning LLC boosted its stake in shares of Kinross Gold by 30.4% during the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 4,302 shares of the mining company's stock worth $40,000 after acquiring an additional 1,002 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Kinross Gold during the 4th quarter valued at about $42,000. Global Retirement Partners LLC raised its stake in shares of Kinross Gold by 747.0% in the 4th quarter. Global Retirement Partners LLC now owns 5,429 shares of the mining company's stock valued at $50,000 after acquiring an additional 4,788 shares in the last quarter. Finally, Avior Wealth Management LLC lifted its holdings in Kinross Gold by 246.3% in the 4th quarter. Avior Wealth Management LLC now owns 7,227 shares of the mining company's stock worth $67,000 after purchasing an additional 5,140 shares during the last quarter. Institutional investors and hedge funds own 63.69% of the company's stock.

Kinross Gold Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Wednesday, March 5th were given a $0.03 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $0.12 annualized dividend and a dividend yield of 0.82%. Kinross Gold's dividend payout ratio (DPR) is presently 15.58%.

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.