About Goldcorp (NYSE:GG)
Goldcorp Inc. is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company's segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc. (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito S.A. de C.V. and Camino Rojo S.A. de C.V. (Penasquito), Desarrollos Mineros San Luis S.A. de C.V. (Los Filos), Montana Exploradora de Guatemala S.A. (Marlin), Oroplata S.A. (Cerro Negro), Corredor SpA (Project Corridor), Minera Alumbrera Limited (Alumbrera), El Morro and Pueblo Viejo Dominicana Corporation (Pueblo Viejo). The Company's principal product is gold dore with the refined gold bullion sold primarily in the London spot market.
Industry, Sector and Symbol
Trailing P/E Ratio17.7631578947368
Forward P/E Ratio28.72
Sales & Book Value
Annual Sales$3.42 billion
Price / Sales3.42
Cash Flow$1.48 per share
Price / Cash9.15
Book Value$15.71 per share
Price / Book0.86
Net Income$162 million
Return on Equity3.10%
Return on Assets1.97%
Goldcorp (NYSE:GG) Frequently Asked Questions
What is Goldcorp's stock symbol?
Goldcorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "GG."
How often does Goldcorp pay dividends? What is the dividend yield for Goldcorp?
Goldcorp announced a quarterly dividend on Tuesday, December 5th. Investors of record on Thursday, December 14th will be given a dividend of $0.02 per share on Friday, December 22nd. This represents a $0.08 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date is Wednesday, December 13th. View Goldcorp's Dividend History.
How were Goldcorp's earnings last quarter?
Goldcorp Inc. (NYSE:GG) announced its earnings results on Wednesday, February, 15th. The basic materials company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.09 by $0.03. The basic materials company earned $898 million during the quarter, compared to analyst estimates of $1.07 billion. Goldcorp had a net margin of 19.22% and a return on equity of 3.10%. View Goldcorp's Earnings History.
When will Goldcorp make its next earnings announcement?
Where is Goldcorp's stock going? Where will Goldcorp's stock price be in 2018?
17 equities research analysts have issued 1 year target prices for Goldcorp's stock. Their forecasts range from $14.80 to $22.00. On average, they expect Goldcorp's stock price to reach $17.71 in the next year. View Analyst Ratings for Goldcorp.
What are Wall Street analysts saying about Goldcorp stock?
Here are some recent quotes from research analysts about Goldcorp stock:
- 1. According to Zacks Investment Research, "Goldcorp’s growth drivers lie in its vast array of development and exploration projects. The company is progressing well with its key development projects. It also remains focused on reducing mining costs and improving productivity. However, the company’s weakening production is a concern. Moreover, it has a debt-laden balance sheet. Goldcorp is also exposed to a volatile gold pricing environment. It has also underperformed the industry it belongs to over the past six months." (1/9/2018)
- 2. TD Securities analysts commented, "We are resuming coverage of Goldcorp after being restricted since March 28." (6/15/2017)
Are investors shorting Goldcorp?
Goldcorp saw a increase in short interest in January. As of January 12th, there was short interest totalling 9,147,759 shares, an increase of 74.7% from the December 29th total of 5,235,726 shares. Based on an average trading volume of 8,275,853 shares, the short-interest ratio is currently 1.1 days. Currently, 1.1% of the company's stock are sold short.
Who are some of Goldcorp's key competitors?
Some companies that are related to Goldcorp include Barrick Gold (ABX), Newcrest Mining (NCM), Franco Nevada (FNV), Goldcorp (G), Franco Nevada (FNV), Agnico Eagle Mines (AEM), Canadian Utilities (CU), Randgold Resources (GOLD), West Fraser Timber (WFT), Randgold Resources (RRS), Yamana Gold (YRI), B2Gold (BTO), IAMGOLD (IMG), Gold Fields (GFI), Alamos Gold (AGI), Endeavour Mining (EDV), Detour Gold (DGC) and Osisko gold royalties (OR).
Who are Goldcorp's key executives?
Goldcorp's management team includes the folowing people:
- Ian W. Telfer, Chairman of the Board (Age 70)
- David A. Garofalo, President, Chief Executive Officer, Director (Age 51)
- Beverley Anne Briscoe, Vice Chairman of the Board, Lead Independent Director (Age 62)
- Todd James White, Chief Operating Officer, Executive Vice President
- Charlene A. Ripley, Executive Vice President, General Counsel
- Brent Bergeron, Executive Vice President - Corporate Affairs and Sustainability
- Richard J. Orazietti, Senior Vice President, Controller
- Jason Attew, Senior Vice President - Corporate Development and Strategy
- Wade William Bristol, Senior Vice President, Canada and US Operations
- Joseph Dennis Dick, Senior Vice President, Latin America Operations
Who owns Goldcorp stock?
Goldcorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include CIBC Asset Management Inc (1.93%), Bank of Montreal Can (1.56%), CIBC World Markets Inc. (1.19%), Swiss National Bank (0.91%), Majedie Asset Management Ltd (0.82%) and The Manufacturers Life Insurance Company (0.70%). View Institutional Ownership Trends for Goldcorp.
Who sold Goldcorp stock? Who is selling Goldcorp stock?
Goldcorp's stock was sold by a variety of institutional investors in the last quarter, including Flossbach Von Storch AG, Renaissance Technologies LLC, Credit Agricole S A, Millennium Management LLC, APG Asset Management N.V., Majedie Asset Management Ltd, Tocqueville Asset Management L.P. and Loews Corp. View Insider Buying and Selling for Goldcorp.
Who bought Goldcorp stock? Who is buying Goldcorp stock?
Goldcorp's stock was purchased by a variety of institutional investors in the last quarter, including CIBC Asset Management Inc, Amundi Pioneer Asset Management Inc., Alps Advisors Inc., Franklin Resources Inc., Two Sigma Investments LP, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, The Manufacturers Life Insurance Company and Commerzbank Aktiengesellschaft FI. View Insider Buying and Selling for Goldcorp.
How do I buy Goldcorp stock?
Shares of Goldcorp can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Goldcorp's stock price today?
One share of Goldcorp stock can currently be purchased for approximately $13.50.
How big of a company is Goldcorp?
Goldcorp has a market capitalization of $11.70 billion and generates $3.42 billion in revenue each year. The basic materials company earns $162 million in net income (profit) each year or $0.76 on an earnings per share basis. Goldcorp employs 8,712 workers across the globe.
How can I contact Goldcorp?
Goldcorp's mailing address is Park Place, 666 Burrard St Suite 3400, VANCOUVER, BC V6C 2X8, Canada. The basic materials company can be reached via phone at +1-604-6963000 or via email at [email protected]
MarketBeat Community Rating for Goldcorp (GG)MarketBeat's community ratings are surveys of what our community members think about Goldcorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Goldcorp (NYSE:GG) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Hold|
|Consensus Rating Score: ||2.71||2.63||2.63||2.38|
|Ratings Breakdown: ||0 Sell Rating(s)|
6 Hold Rating(s)
10 Buy Rating(s)
1 Strong Buy Rating(s)
|0 Sell Rating(s)|
8 Hold Rating(s)
10 Buy Rating(s)
1 Strong Buy Rating(s)
|0 Sell Rating(s)|
6 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
10 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$17.71||$17.55||$16.92||$16.64|
|Price Target Upside: ||20.46% upside||19.37% upside||27.76% upside||30.69% upside|
Goldcorp (NYSE:GG) Consensus Price Target History
Goldcorp (NYSE:GG) Analyst Ratings History
(Data available from 2/17/2016 forward)
Goldcorp (NYSE:GG) Earnings History and Estimates Chart
Goldcorp (NYSE GG) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/25/2018|| || || || || || || || |
|10/25/2017||Q3 2017||$0.09||$0.09||$867.81 million||$866.00 million||View||N/A|
|7/26/2017||Q2 2017||$0.10||$0.12||$862.64 million||$822.00 million||View||N/A|
|4/26/2017||3/31/2017||$0.09||$0.20||$929.91 million||$882.00 million||View||N/A|
|2/15/2017||Q416||$0.09||$0.12||$1.07 billion||$898.00 million||View||N/A|
|10/26/2016||Q316||$0.11||$0.11||$1.04 billion||$1.15 billion||View||N/A|
|7/27/2016||Q216||$0.04||($0.09)||$882.55 million||$921.00 million||View||N/A|
|4/27/2016||Q116||$0.04||$0.09||$953.42 million||$1.16 billion||View||N/A|
|2/25/2016||Q415||$0.03||($0.15)||$1.08 billion||$1.07 billion||View||Listen|
|10/29/2015||Q315||$0.05||($0.04)||$1.10 billion||$1.30 billion||View||Listen|
|7/30/2015||Q215||$0.07||$0.08||$1.07 billion||$1.30 billion||View||Listen|
|4/30/2015||Q115||$0.10||$0.01||$953.52 million||$1.27 billion||View||N/A|
|2/19/2015||Q414||$0.14||$0.07||$1.09 billion||$1.10 billion||View||N/A|
|10/30/2014||Q314||$0.18||$0.09||$1.05 billion||$1.10 billion||View||N/A|
|7/31/2014||Q214||$0.14||$0.20||$991.93 million||$1.11 billion||View||N/A|
|5/1/2014||Q114||$0.14||$0.26||$963.45 million||$1.23 million||View||N/A|
|2/19/2014||Q413||$0.22||$0.09||$1.11 billion||$1.20 billion||View||N/A|
|10/24/2013||Q313||$0.20||$0.23||$1.19 billion||$1.20 billion||View||N/A|
|7/25/2013||Q213||$0.23||$0.14||$1.16 billion||$889.00 million||View||N/A|
|5/2/2013||Q113||$0.39||$0.31||$1.32 billion||$1,000.00 million||View||N/A|
|2/14/2013||Q412||$0.55||$0.57||$1.56 billion||$1.44 billion||View||N/A|
Goldcorp (NYSE:GG) Earnings Estimates
2018 EPS Consensus Estimate: $0.36
2019 EPS Consensus Estimate: $0.61
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Goldcorp (NYSE:GG) Dividend Information
|Most Recent Dividend:||12/22/2017|
|Dividend Growth:||-47.40% (3 Year Average)|
|Payout Ratio:||10.53% (Trailing 12 Months of Earnings) |
17.02% (Based on This Year's Estimates)
10.67% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Goldcorp (NYSE:GG) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Goldcorp (NYSE GG)
No insider trades for this company have been tracked by MarketBeat.com
Goldcorp (NYSE GG) News Headlines
Goldcorp (NYSE:GG) SEC Filings
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Goldcorp (NYSE:GG) Income Statement, Balance Sheet and Cash Flow Statement
Goldcorp (NYSE GG) Stock Chart for Saturday, February, 17, 2018