Newmont Corporation (NYSE:NEM - Free Report) - Analysts at Zacks Research lifted their Q3 2025 EPS estimates for shares of Newmont in a report released on Wednesday, August 6th. Zacks Research analyst A. Barman now expects that the basic materials company will post earnings per share of $1.13 for the quarter, up from their prior estimate of $0.73. The consensus estimate for Newmont's current full-year earnings is $3.45 per share. Zacks Research also issued estimates for Newmont's Q4 2025 earnings at $1.04 EPS, FY2025 earnings at $4.85 EPS, Q2 2026 earnings at $0.98 EPS, Q3 2026 earnings at $1.27 EPS, Q4 2026 earnings at $1.24 EPS, FY2026 earnings at $4.51 EPS, Q2 2027 earnings at $1.14 EPS and FY2027 earnings at $4.71 EPS.
Other equities research analysts have also issued reports about the stock. Argus set a $63.00 price target on shares of Newmont in a research note on Friday, April 25th. National Bank Financial upgraded shares of Newmont from a "hold" rating to a "strong-buy" rating in a research note on Friday, July 25th. Cfra Research upgraded shares of Newmont to a "strong-buy" rating in a research note on Friday, April 25th. The Goldman Sachs Group reiterated a "neutral" rating and set a $60.90 price target on shares of Newmont in a research note on Tuesday, July 8th. Finally, Raymond James Financial lifted their price target on shares of Newmont from $67.00 to $69.00 and gave the stock an "outperform" rating in a research note on Monday, July 28th. One analyst has rated the stock with a sell rating, six have issued a hold rating, nine have given a buy rating and four have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $64.58.
Read Our Latest Research Report on NEM
Newmont Price Performance
Shares of NYSE:NEM opened at $68.96 on Monday. The company's fifty day moving average price is $59.58 and its 200 day moving average price is $52.32. Newmont has a 12 month low of $36.86 and a 12 month high of $70.29. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.23 and a quick ratio of 1.91. The firm has a market capitalization of $75.75 billion, a P/E ratio of 12.38, a P/E/G ratio of 0.81 and a beta of 0.30.
Newmont (NYSE:NEM - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The basic materials company reported $1.43 earnings per share for the quarter, beating analysts' consensus estimates of $0.95 by $0.48. Newmont had a net margin of 30.50% and a return on equity of 17.86%. The business had revenue of $5.32 billion for the quarter, compared to analyst estimates of $4.70 billion. During the same period last year, the business earned $0.72 EPS. The company's revenue was up 20.8% on a year-over-year basis.
Newmont Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Thursday, September 4th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $1.00 annualized dividend and a dividend yield of 1.5%. Newmont's payout ratio is presently 17.95%.
Insider Activity
In other news, Director Bruce R. Brook sold 2,077 shares of Newmont stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $63.66, for a total value of $132,221.82. Following the sale, the director owned 41,026 shares of the company's stock, valued at $2,611,715.16. The trade was a 4.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $63.66, for a total transaction of $190,980.00. Following the completion of the sale, the executive vice president directly owned 58,736 shares in the company, valued at approximately $3,739,133.76. The trade was a 4.86% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,246 shares of company stock valued at $1,373,251 over the last quarter. Corporate insiders own 0.05% of the company's stock.
Institutional Trading of Newmont
Several hedge funds and other institutional investors have recently made changes to their positions in NEM. SOA Wealth Advisors LLC. boosted its holdings in Newmont by 64.0% during the first quarter. SOA Wealth Advisors LLC. now owns 515 shares of the basic materials company's stock worth $25,000 after buying an additional 201 shares in the last quarter. Cloud Capital Management LLC purchased a new stake in Newmont during the first quarter worth about $26,000. Colonial Trust Advisors boosted its holdings in Newmont by 315.4% during the first quarter. Colonial Trust Advisors now owns 565 shares of the basic materials company's stock worth $27,000 after buying an additional 429 shares in the last quarter. Concord Wealth Partners boosted its holdings in Newmont by 534.7% during the second quarter. Concord Wealth Partners now owns 457 shares of the basic materials company's stock worth $27,000 after buying an additional 385 shares in the last quarter. Finally, Evermay Wealth Management LLC boosted its holdings in Newmont by 408.2% during the second quarter. Evermay Wealth Management LLC now owns 498 shares of the basic materials company's stock worth $29,000 after buying an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 68.85% of the company's stock.
About Newmont
(
Get Free Report)
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.
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