Newmont (NEM) Expected to Announce Earnings on Thursday

Key Points

• Newmont is expected to report Q3 2026 earnings after market close on October 22. Analysts forecast EPS of $2.06 and revenue of $6.24 billion; the earnings call is scheduled for 5:30 p.m. ET.
• In the prior quarter, Newmont delivered EPS of $2.10, beating estimates of $2.05, while revenue of $6.12 billion fell short of the $6.35 billion consensus.
• The company pays a quarterly dividend of $0.26, equivalent to $1.04 annually and a 0.9% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $134.26.

Newmont (NYSE:NEM - Get Free Report) is expected to be posting its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect the company to post earnings of $2.06 per share and revenue of $6.24 billion for the quarter. Interested persons may visit the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 22, 2026 at 5:30 PM ET.

Newmont (NYSE:NEM - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.05 by $0.05. The company had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.35 billion. Newmont had a net margin of 33.36% and a return on equity of 29.10%. During the same quarter in the previous year, the firm posted $1.43 earnings per share. On average, analysts expect Newmont to post $9.05 EPS for the current fiscal year and $9.85 EPS for the next fiscal year.

Newmont Stock Performance

Shares of NEM stock opened at $111.37 on Thursday. The stock has a market capitalization of $117.35 billion, a P/E ratio of 14.06, a PEG ratio of 2.14 and a beta of 0.51. The company has a current ratio of 2.55, a quick ratio of 2.26 and a debt-to-equity ratio of 0.15. The firm's 50 day moving average is $121.75 and its 200 day moving average is $110.69. Newmont has a 12 month low of $76.05 and a 12 month high of $135.29.

Newmont Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Thursday, September 3rd were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, September 3rd. Newmont's payout ratio is currently 13.13%.

Insider Activity at Newmont

In other Newmont news, CFO Brian Tabolt sold 11,445 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $105.09, for a total value of $1,202,755.05. Following the sale, the chief financial officer directly owned 29,324 shares in the company, valued at $3,081,659.16. This represents a 28.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Peter Toth sold 3,000 shares of the firm's stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $114.81, for a total transaction of $344,430.00. Following the completion of the transaction, the executive vice president directly owned 34,315 shares of the company's stock, valued at approximately $3,939,705.15. The trade was a 8.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 35,973 shares of company stock valued at $3,927,169. Corporate insiders own 0.06% of the company's stock.

Wall Street Analyst Weigh In

NEM has been the topic of a number of analyst reports. Argus set a $110.00 target price on shares of Newmont in a report on Monday, August 3rd. Wall Street Zen lowered Newmont from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. BNP Paribas Exane reduced their price target on Newmont from $111.00 to $102.00 and set a "neutral" rating for the company in a research report on Tuesday, July 21st. Royal Bank Of Canada boosted their price objective on Newmont from $135.00 to $155.00 and gave the company an "outperform" rating in a research note on Wednesday, September 16th. Finally, Barclays decreased their price objective on Newmont from $125.00 to $124.00 and set an "overweight" rating on the stock in a research note on Tuesday, July 28th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Newmont has a consensus rating of "Moderate Buy" and a consensus target price of $134.26.

Newmont Company Profile

Newmont Corporation is a global mining company focused primarily on the exploration, development and production of gold. Its portfolio also includes operations and projects involving copper, silver, zinc and lead. The company's activities span the mining life cycle, including exploration, mine development, production, processing, reclamation and related environmental management.

Founded in 1921, Newmont is headquartered in Denver, Colorado, and has built a long history in the gold-mining industry through organic development, acquisitions and joint ventures.

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