Harmony Gold Mining (HMY) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Harmony Gold Mining in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" HMY shares.
View HMY analyst ratings or view top-rated stocks.

Harmony Gold Mining's stock was trading at $3.40 at the beginning of the year. Since then, HMY stock has increased by 21.9% and is now trading at $4.1450.
View the best growth stocks for 2023 here.

Harmony Gold Mining saw a decrease in short interest during the month of August. As of August 15th, there was short interest totaling 5,070,000 shares, a decrease of 5.1% from the July 31st total of 5,340,000 shares. Based on an average daily trading volume, of 3,200,000 shares, the days-to-cover ratio is presently 1.6 days.
View Harmony Gold Mining's Short Interest.

Harmony Gold Mining Company Limited (NYSE:HMY) announced its quarterly earnings data on Tuesday, May, 6th. The mining company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by $0.06. The mining company had revenue of $354 million for the quarter.

Harmony Gold Mining declared a Semi-Annual dividend on Thursday, August 31st. Investors of record on Friday, October 13th will be given a dividend of $0.032 per share on Monday, October 23rd. This represents a dividend yield of 0.8%. The ex-dividend date is Thursday, October 12th. This is an increase from the stock's previous Semi-Annual dividend of $0.01.
Read our dividend analysis for HMY.

Harmony Gold Mining (NYSE:HMY) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.23%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 1.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HMY will have a dividend payout ratio of 1.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HMY.

6 employees have rated Harmony Gold Mining Chief Executive Officer Graham Briggs on Glassdoor.com. Graham Briggs has an approval rating of 100% among the company's employees. This puts Graham Briggs in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Harmony Gold Mining investors own include KAZ Minerals (KAZ), Yamana Gold (AUY), Barrick Gold (GOLD), Petra Diamonds (PDL), Kinross Gold (KGC), Hecla Mining (HL), IAMGOLD (IAG), Eldorado Gold (EGO), AngloGold Ashanti (AU) and Coeur Mining (CDE).

Harmony Gold Mining trades on the New York Stock Exchange (NYSE) under the ticker symbol "HMY."

Harmony Gold Mining's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (8.62%), Lingotto Investment Management LLP (4.01%), Kopernik Global Investors LLC (2.52%), Polunin Capital Partners Ltd (1.70%), Dimensional Fund Advisors LP (1.26%) and BlackRock Inc. (1.07%).

Shares of HMY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of HMY stock can currently be purchased for approximately $4.15.

Harmony Gold Mining (NYSE:HMY) has a market capitalization of $2.56 billion and generates $2.78 billion in revenue each year. The mining company earns $271.85 million in net income (profit) each year or $0.68 on an earnings per share basis.

The company employs 37,609 workers across the globe.

Harmony Gold Mining's mailing address is RANDFONTEIN OFFICE PARK CAR MAIN REEF ROAD AND WARD AVENUE, RANDFONTEIN T3, 1760. The official website for the company is www.harmony.co.za. The mining company can be reached via phone at (711) 411-2000, via email at harmonyir@harmony.co.za, or via fax at 27-11-692-3879.