Equities Analysts Set Expectations for Newmont Q1 Earnings

Key Points

• Zacks Research has increased its Q1 2026 earnings estimate for Newmont to $1.00 per share, up from $0.83, with full-year earnings projected at $3.45 per share.
• Newmont's recent quarterly earnings beat expectations, reporting $1.43 earnings per share and $5.32 billion in revenue, surpassing consensus estimates significantly.
• The company declared a quarterly dividend of $0.25, representing a 1.4% yield, with the ex-dividend date set for September 4th.

Newmont Corporation (NYSE:NEM - Free Report) - Investment analysts at Zacks Research boosted their Q1 2026 EPS estimates for Newmont in a report issued on Wednesday, August 6th. Zacks Research analyst A. Barman now expects that the basic materials company will earn $1.00 per share for the quarter, up from their prior forecast of $0.83. The consensus estimate for Newmont's current full-year earnings is $3.45 per share. Zacks Research also issued estimates for Newmont's Q1 2027 earnings at $1.14 EPS.

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 (EPS) for the quarter, topping analysts' consensus estimates of $0.95 by $0.48. The firm had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $4.70 billion. Newmont had a net margin of 30.50% and a return on equity of 17.86%. The business's revenue for the quarter was up 20.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.72 earnings per share.

Other equities research analysts also recently issued reports about the stock. Stifel Canada upgraded shares of Newmont to a "strong-buy" rating in a research note on Tuesday, July 8th. Scotiabank increased their target price on shares of Newmont from $69.00 to $72.00 and gave the stock a "sector perform" rating in a report on Monday, July 28th. Royal Bank Of Canada increased their target price on shares of Newmont from $52.00 to $66.00 and gave the stock a "sector perform" rating in a report on Wednesday, June 4th. UBS Group increased their target price on shares of Newmont from $60.00 to $68.00 and gave the stock a "buy" rating in a report on Thursday, July 3rd. Finally, Raymond James Financial increased their target price on shares of Newmont from $67.00 to $69.00 and gave the stock an "outperform" rating in a report on Monday, July 28th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, nine have assigned a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $64.58.

Newmont Price Performance

Newmont stock traded down $0.11 during trading hours on Friday, reaching $68.96. 9,068,992 shares of the stock were exchanged, compared to its average volume of 12,927,891. The company has a market cap of $75.75 billion, a P/E ratio of 12.38, a price-to-earnings-growth ratio of 0.81 and a beta of 0.30. The company has a current ratio of 2.23, a quick ratio of 1.91 and a debt-to-equity ratio of 0.23. Newmont has a twelve month low of $36.86 and a twelve month high of $70.29. The stock has a 50 day moving average of $59.58 and a two-hundred day moving average of $52.32.

Institutional Trading of Newmont

Several hedge funds have recently bought and sold shares of the business. Bessemer Group Inc. boosted its holdings in Newmont by 13.2% during the 1st quarter. Bessemer Group Inc. now owns 11,791 shares of the basic materials company's stock worth $569,000 after acquiring an additional 1,379 shares during the last quarter. First Trust Advisors LP raised its stake in Newmont by 9.9% in the 4th quarter. First Trust Advisors LP now owns 96,040 shares of the basic materials company's stock valued at $3,575,000 after acquiring an additional 8,678 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in Newmont in the 1st quarter valued at about $423,000. Spire Wealth Management raised its stake in Newmont by 125.0% in the 1st quarter. Spire Wealth Management now owns 2,356 shares of the basic materials company's stock valued at $114,000 after acquiring an additional 1,309 shares during the period. Finally, Flagship Harbor Advisors LLC bought a new stake in Newmont in the 1st quarter valued at about $202,000. Institutional investors and hedge funds own 68.85% of the company's stock.

Insider Activity

In other news, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction on Friday, August 1st. The shares were sold at an average price of $63.66, for a total value of $190,980.00. Following the completion of the sale, the executive vice president owned 58,736 shares in the company, valued at $3,739,133.76. The trade was a 4.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Bruce R. Brook sold 2,077 shares of Newmont stock in a transaction on Friday, August 1st. The shares were sold at an average price of $63.66, for a total transaction of $132,221.82. Following the completion of the sale, the director owned 41,026 shares of the company's stock, valued at $2,611,715.16. This represents a 4.82% decrease in their position. The disclosure for this sale can be found here. Insiders sold 22,246 shares of company stock worth $1,373,251 in the last quarter. 0.05% of the stock is owned by corporate insiders.

Newmont Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Thursday, September 4th will be paid a $0.25 dividend. The ex-dividend date is Thursday, September 4th. This represents a $1.00 annualized dividend and a dividend yield of 1.5%. Newmont's payout ratio is currently 17.95%.

About Newmont

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.