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:
- Sector: Basic Materials
- Industry: Gold
- Sub-Industry: N/A
- Symbol: NYSE:GG
- CUSIP: N/A
- Web: www.goldcorp.com
- Market Cap: $11.47 billion
- Outstanding Shares: 876,179,000
- 50 Day Moving Avg: $13.28
- 200 Day Moving Avg: $13.52
- 52 Week Range: $11.91 - $17.87
Sales & Book Value:
- Trailing P/E Ratio: 24.02
- Foreward P/E Ratio: 25.67
- P/E Growth: 0.61
- Annual Revenue: $3.52 billion
- Price / Sales: 3.26
- Book Value: $15.99 per share
- Price / Book: 0.82
- Annual Dividend: $0.08
- Dividend Yield: 0.6%
- EBITDA: $1.33 billion
- Net Margins: 13.22%
- Return on Equity: 3.43%
- Return on Assets: 2.15%
- Debt-to-Equity Ratio: 0.17%
- Current Ratio: 1.04%
- Quick Ratio: 0.71%
- Average Volume: 6.76 million shs.
- Beta: -0.07
- Short Ratio: 1.76
Frequently Asked Questions for Goldcorp (NYSE:GG)
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 Friday, September 1st. Shareholders of record on Thursday, September 14th will be given a dividend of $0.02 per share on Friday, September 22nd. This represents a $0.08 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date of this dividend is Wednesday, September 13th. View Goldcorp's Dividend History.
How were Goldcorp's earnings last quarter?
Goldcorp Inc. (NYSE:GG) released its quarterly earnings results on Wednesday, February, 15th. The company reported $0.12 EPS for the quarter, topping the Zacks' consensus estimate of $0.09 by $0.03. The firm had revenue of $898 million for the quarter, compared to analyst estimates of $1.07 billion. Goldcorp had a return on equity of 3.43% and a net margin of 13.22%. 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 2017?
15 equities research analysts have issued 12 month price targets for Goldcorp's stock. Their forecasts range from $13.00 to $20.00. On average, they anticipate Goldcorp's share price to reach $16.66 in the next twelve months. View Analyst Ratings for Goldcorp.
What are analysts saying about Goldcorp stock?
Here are some recent quotes from research analysts about Goldcorp stock:
- 1. According to Zacks Investment Research, "Annual estimates for Goldcorp have been going down of late. The company’s weakening production is a concern. Its guidance for 2017 reflects a year over year decline in production. Moreover, the company has a debt-laden balance sheet. Goldcorp is also exposed to a volatile gold pricing environment. The company’s stretched valuation is another concern. Goldcorp has also underperformed the industry it belongs to over the last year." (10/9/2017)
- 2. TD Securities analysts commented, "We are resuming coverage of Goldcorp after being restricted since March 28." (6/15/2017)
Who are some of Goldcorp's key competitors?
Some companies that are related to Goldcorp include Franco Nevada Corp (FNV), Franco-Nevada Corporation (FNV), Goldcorp (G), Agnico Eagle Mines Ltd (AEM), Canadian Utilities Limited (CU), Randgold Resources Limited (GOLD), Randgold Resources Limited (RRS), West Fraser Timber Co. (WFT), IAMGOLD Corp (IMG), Gold Fields Limited (GFI), Yamana Gold (YRI), B2Gold Corp. (BTO), Alamos Gold (AGI), Centerra Gold (CG), Osisko gold royalties Ltd (OR), Detour Gold (DGC), Endeavour Mining Corp (EDV) and OceanaGold (OGC).
Who are Goldcorp's key executives?
Goldcorp's management team includes the folowing people:
- Ian W. Telfer, Chairman of the Board
- David A. Garofalo, President, Chief Executive Officer, Director
- Beverley Anne Briscoe, Vice Chairman of the Board, Lead Independent Director
- 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 variety of of retail and institutional investors. Top institutional shareholders include APG Asset Management N.V. (0.56%), Shell Asset Management Co. (0.13%), DORCHESTER WEALTH MANAGEMENT Co (0.04%) and Edge Wealth Management LLC (0.01%). View Institutional Ownership Trends for Goldcorp.
Who sold Goldcorp stock? Who is selling Goldcorp stock?
Who bought Goldcorp stock? Who is buying Goldcorp stock?
Goldcorp's stock was acquired by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Edge Wealth Management LLC and DORCHESTER WEALTH MANAGEMENT Co. 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 include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Goldcorp's stock price today?
MarketBeat Community Rating for Goldcorp (NYSE 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.
One share of Goldcorp stock can currently be purchased for approximately $13.09.
Consensus Ratings for Goldcorp (NYSE:GG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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.
|Ratings Breakdown: ||8 Hold Ratings, 7 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.47)|
|Consensus Price Target: ||$16.66 (27.26% upside)|Consensus Price Target History for Goldcorp (NYSE:GG)
Analysts' Ratings History for Goldcorp (NYSE:GG)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/19/2017||Jefferies Group LLC||Set Price Target||Hold||$13.00||N/A|
|9/29/2017||Canaccord Genuity||Upgrade||Hold -> Buy||$16.90||Low|
|9/25/2017||HC Wainwright||Reiterated Rating||Buy||Medium|
|8/15/2017||Royal Bank Of Canada||Lower Price Target||Sector Perform||$16.00 -> $15.00||Low|
|8/4/2017||TD Securities||Lower Price Target||Buy||$21.00 -> $20.00||Low|
|7/27/2017||Scotiabank||Set Price Target||Outperform||$18.00||Low|
|7/24/2017||National Bank Financial||Downgrade||Outperform -> Sector Perform||High|
|7/21/2017||Morgan Stanley||Reiterated Rating||Overweight||Low|
|7/12/2017||Macquarie||Upgrade||Neutral -> Outperform||Medium|
|6/25/2017||Deutsche Bank AG||Reiterated Rating||Hold||$16.00 -> $15.00||Medium|
|6/15/2017||Raymond James Financial, Inc.||Reiterated Rating||Market Perform -> Market Perform||$17.00||Medium|
|6/1/2017||Barclays PLC||Reiterated Rating||Overweight||$19.00 -> $18.00||Medium|
|2/16/2017||Berenberg Bank||Set Price Target||Hold||$17.00||N/A|
|2/2/2017||BMO Capital Markets||Reiterated Rating||Hold||$16.00||N/A|
|1/19/2017||Credit Suisse Group||Set Price Target||Hold||$17.00||N/A|
|10/20/2016||Desjardins||Upgrade||Hold -> Buy||N/A|
|10/17/2016||Citigroup Inc.||Reiterated Rating||Neutral||N/A|
|7/7/2016||HSBC Holdings plc||Reiterated Rating||Buy||N/A|
|5/11/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Buy -> Neutral||$15.30 -> $16.00||N/A|
|4/8/2016||CIBC||Boost Price Target||$16.50 -> $17.50||N/A|
|2/5/2016||J P Morgan Chase & Co||Reiterated Rating||Overweight||N/A|
Earnings History for Goldcorp (NYSE:GG)Earnings History by Quarter for Goldcorp (NYSE GG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|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|
Earnings Estimates for Goldcorp (NYSE:GG)
2017 EPS Consensus Estimate: $0.43
2018 EPS Consensus Estimate: $0.68
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Goldcorp (NYSE:GG)
|Most Recent Dividend:||9/22/2017|
|Dividend Growth:||-41.50% (3 Year Average)|
|Payout Ratio:||14.55% (Trailing 12 Months of Earnings) |
18.60% (Based on This Year's Estimates)
15.69% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Goldcorp (NYSE GG)
(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
Headline Trends for Goldcorp (NYSE:GG)
Latest Headlines for Goldcorp (NYSE:GG)
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Goldcorp (GG) Chart for Sunday, October, 22, 2017