NYSE:KGC Kinross Gold (KGC) Stock Forecast, Price & News $4.74 +0.07 (+1.50%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$4.70▼$4.8050-Day Range$4.15▼$5.5552-Week Range$3.00▼$5.57Volume8.64 million shsAverage Volume12.51 million shsMarket Capitalization$5.82 billionP/E Ratio474.00Dividend Yield2.53%Price Target$6.33 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Kinross Gold MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside33.5% Upside$6.33 Price TargetShort InterestHealthy1.44% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.55Upright™ Environmental ScoreNews Sentiment0.21Based on 16 Articles This WeekInsider TradingN/AProj. Earnings Growth18.18%From $0.33 to $0.39 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.37 out of 5 starsBasic Materials Sector74th out of 162 stocksGold & Silver Ores Industry9th out of 31 stocks 3.1 Analyst's Opinion Consensus RatingKinross Gold has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 3 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.33, Kinross Gold has a forecasted upside of 33.5% from its current price of $4.74.Amount of Analyst CoverageKinross Gold has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.44% of the float of Kinross Gold has been sold short.Short Interest Ratio / Days to CoverKinross Gold has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Kinross Gold has recently decreased by 6.24%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldKinross Gold pays a meaningful dividend of 2.53%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthKinross Gold does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Kinross Gold is 1,200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Kinross Gold will have a dividend payout ratio of 30.77% next year. This indicates that Kinross Gold will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreKinross Gold has received a -205.30% net impact score from Upright. The largest negative impact of Kinross Gold in category "GHG emissions" is driven by its "Gold" and "Silver" products. See details.Environmental SustainabilityThe Environmental Impact score for Kinross Gold is -5.55. Previous Next 1.8 News and Social Media Coverage News SentimentKinross Gold has a news sentiment score of 0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.31 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Kinross Gold this week, compared to 4 articles on an average week.Search InterestOnly 13 people have searched for KGC on MarketBeat in the last 30 days. This is a decrease of -59% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Kinross Gold to their MarketBeat watchlist in the last 30 days. This is a decrease of -9% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kinross Gold insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Kinross Gold is held by insiders.Percentage Held by Institutions55.58% of the stock of Kinross Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Kinross Gold are expected to grow by 18.18% in the coming year, from $0.33 to $0.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kinross Gold is 474.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 121.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Kinross Gold is 474.00, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 89.03.Price to Book Value per Share RatioKinross Gold has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Kinross Gold (NYSE:KGC) StockKinross Gold Corp. engages in the production, acquisition, exploration, and development of gold properties. Its mining operations are in the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. The firm operates through the following business segments: Fort Knox, Round Mountain, Bald Mountain, Kupol, Paracatu, Tasiast, Chirano, and Corporate & Other. The Kupol segment consists of the Kupol and Dvoinoye mines. The Corporate & Other segment includes corporate, shutdown, and other non-operating assets and non-mining, and other operations. The company was founded by Robert MacKay Buchan on May 31, 1993 and is headquartered in Toronto, Canada.Read More Receive KGC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kinross Gold and its competitors with MarketBeat's FREE daily newsletter. Email Address KGC Stock News HeadlinesMay 28, 2023 | americanbankingnews.comBrokers Offer Predictions for Kinross Gold Co.'s Q1 2025 Earnings (NYSE:KGC)May 26, 2023 | finance.yahoo.comIt Might Not Be A Great Idea To Buy Kinross Gold Corporation (TSE:K) For Its Next DividendMay 28, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 24, 2023 | seekingalpha.comKinross Gold Corporation Time For A Come BackMay 23, 2023 | americanbankingnews.comBrokers Set Expectations for Kinross Gold Co.'s Q3 2023 Earnings (NYSE:KGC)May 22, 2023 | msn.comKinross Gold: Expecting Solid Production In 2023May 21, 2023 | americanbankingnews.comFY2024 EPS Estimates for Kinross Gold Co. (NYSE:KGC) Reduced by National Bank FinancialMay 17, 2023 | americanbankingnews.comKinross Gold Co. (NYSE:KGC) Receives $6.33 Consensus PT from BrokeragesMay 28, 2023 | Stansberry Research (Ad)The gold catalyst we've waited forBecause even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.May 16, 2023 | finance.yahoo.comKinross Gold Corporation (TSE:K) is largely controlled by institutional shareholders who own 70% of the companyMay 14, 2023 | americanbankingnews.comKinross Gold (NYSE:KGC) Lifted to Buy at StockNews.comMay 12, 2023 | finanznachrichten.deKinross Gold Corporation: Kinross announces Annual Shareholder Meeting voting resultsMay 12, 2023 | msn.comKinross Gold (KGC) Declares $0.03 DividendMay 11, 2023 | americanbankingnews.comKinross Gold (NYSE:KGC) Releases Earnings Results, Beats Estimates By $0.02 EPSMay 10, 2023 | markets.businessinsider.comBank of America Securities Remains a Sell on Kinross Gold (KGC)May 9, 2023 | msn.comRecap: Kinross Gold Q1 EarningsMay 9, 2023 | finance.yahoo.comKinross Gold (KGC) Q1 Earnings and Revenues Surpass EstimatesMay 8, 2023 | finance.yahoo.comKinross (KGC) to Report Q1 Earnings: What's in the Cards?May 7, 2023 | americanbankingnews.comKinross Gold (KGC) Set to Announce Earnings on TuesdayMay 6, 2023 | nasdaq.comJune 23rd Options Now Available For Kinross Gold (KGC)April 29, 2023 | americanbankingnews.comRaymond James Analysts Cut Earnings Estimates for Kinross Gold Co. (NYSE:KGC)April 28, 2023 | americanbankingnews.comQ1 2023 EPS Estimates for Kinross Gold Co. (NYSE:KGC) Raised by Raymond JamesApril 24, 2023 | americanbankingnews.comAnalysts Set Kinross Gold Co. (NYSE:KGC) Price Target at $6.33April 21, 2023 | americanbankingnews.comQ1 2023 Earnings Estimate for Kinross Gold Co. (NYSE:KGC) Issued By CormarkApril 19, 2023 | americanbankingnews.comQ1 2023 Earnings Forecast for Kinross Gold Co. (NYSE:KGC) Issued By National Bank FinancialApril 13, 2023 | americanbankingnews.comTraders Purchase High Volume of Put Options on Kinross Gold (NYSE:KGC)April 10, 2023 | seekingalpha.comKinross Gold: Getting Saved By The Gold PriceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive KGC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kinross Gold and its competitors with MarketBeat's FREE daily newsletter. Email Address KGC Company Calendar Ex-Dividend for 3/23 Dividend3/07/2023Dividend Payable3/23/2023Last Earnings5/09/2023Today5/28/2023Ex-Dividend for 6/15 Dividend5/31/2023Dividend Payable6/15/2023Next Earnings (Estimated)7/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:KGC CUSIPN/A CIK701818 Webwww.kinross.com Phone(416) 365-5123Fax416-363-6622Employees6,400Year Founded1993Price Target and Rating Average Stock Price Forecast$6.33 High Stock Price Forecast$9.00 Low Stock Price Forecast$4.00 Forecasted Upside/Downside+33.5%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.01 Trailing P/E Ratio474.00 Forward P/E Ratio14.36 P/E GrowthN/ANet Income$-605,200,000.00 Net Margins0.24% Pretax Margin4.35% Return on Equity4.95% Return on Assets2.85% Debt Debt-to-Equity Ratio0.36 Current Ratio1.72 Quick Ratio0.71 Sales & Book Value Annual Sales$3.46 billion Price / Sales1.68 Cash Flow$0.87 per share Price / Cash Flow5.43 Book Value$4.85 per share Price / Book0.98Miscellaneous Outstanding Shares1,227,560,000Free Float1,215,287,000Market Cap$5.82 billion OptionableOptionable Beta0.93 Social Links Key ExecutivesJonathon Paul RollinsonPresident, Chief Executive Officer & DirectorClaude SchimperChief Operating Officer & Executive Vice PresidentAndrea S. FreeboroughChief Financial Officer & Executive Vice PresidentSteve KerriganVice President-Information TechnologyNed JalilChief Technical Officer & Senior Vice PresidentKey CompetitorsSibanye StillwaterNYSE:SBSWB2GoldNYSE:BTGAlamos GoldNYSE:AGIPan American SilverNASDAQ:PAASOsisko Gold RoyaltiesNYSE:ORView All CompetitorsInstitutional OwnershipToroso Investments LLCBought 9,822 shares on 5/23/2023Ownership: 0.004%Putnam Investments LLCBought 31,719 shares on 5/22/2023Ownership: 0.003%JPMorgan Chase & Co.Bought 1,487,758 shares on 5/18/2023Ownership: 0.833%Harvest Portfolios Group Inc.Bought 145,987 shares on 5/18/2023Ownership: 0.012%Donald Smith & CO. Inc.Sold 200,436 shares on 5/17/2023Ownership: 1.349%View All Institutional Transactions KGC Stock - Frequently Asked Questions Should I buy or sell Kinross Gold stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" KGC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KGC, but not buy additional shares or sell existing shares. View KGC analyst ratings or view top-rated stocks. What is Kinross Gold's stock price forecast for 2023? 7 Wall Street analysts have issued 12 month price targets for Kinross Gold's shares. Their KGC share price forecasts range from $4.00 to $9.00. On average, they expect the company's stock price to reach $6.33 in the next year. This suggests a possible upside of 33.5% from the stock's current price. View analysts price targets for KGC or view top-rated stocks among Wall Street analysts. How have KGC shares performed in 2023? Kinross Gold's stock was trading at $4.09 at the beginning of 2023. Since then, KGC stock has increased by 15.9% and is now trading at $4.74. View the best growth stocks for 2023 here. When is Kinross Gold's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our KGC earnings forecast. How were Kinross Gold's earnings last quarter? Kinross Gold Co. (NYSE:KGC) released its earnings results on Tuesday, May, 9th. The mining company reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.02. The mining company earned $929.30 million during the quarter, compared to analysts' expectations of $957.31 million. Kinross Gold had a trailing twelve-month return on equity of 4.95% and a net margin of 0.24%. Kinross Gold's quarterly revenue was up 32.6% compared to the same quarter last year. During the same period last year, the business posted $0.06 earnings per share. How often does Kinross Gold pay dividends? What is the dividend yield for Kinross Gold? Kinross Gold declared a quarterly dividend on Tuesday, May 9th. Shareholders of record on Thursday, June 1st will be given a dividend of $0.03 per share on Thursday, June 15th. This represents a $0.12 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Wednesday, May 31st. Read our dividend analysis for KGC. What ETFs hold Kinross Gold's stock? ETFs with the largest weight of Kinross Gold (NYSE:KGC) stock in their portfolio include iShares North American Natural Resources ETF (IGE).iShares MSCI Intl Size Factor ETF (ISZE). Is Kinross Gold a good dividend stock? Kinross Gold (NYSE:KGC) pays an annual dividend of $0.12 per share and currently has a dividend yield of 2.53%. The dividend payout ratio is 1,200.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, KGC will have a dividend payout ratio of 30.77% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for KGC. What is J. Paul Rollinson's approval rating as Kinross Gold's CEO? 35 employees have rated Kinross Gold Chief Executive Officer J. Paul Rollinson on Glassdoor.com. J. Paul Rollinson has an approval rating of 97% among the company's employees. This puts J. Paul Rollinson in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Kinross Gold own? Based on aggregate information from My MarketBeat watchlists, some companies that other Kinross Gold investors own include Barrick Gold (GOLD), NVIDIA (NVDA), IAMGOLD (IAG), Advanced Micro Devices (AMD), Yamana Gold (AUY), Newmont (NEM), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU) and Gilead Sciences (GILD). What is Kinross Gold's stock symbol? Kinross Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "KGC." Who are Kinross Gold's major shareholders? Kinross Gold's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (11.91%), Ruffer LLP (2.91%), Renaissance Technologies LLC (2.09%), Donald Smith & CO. Inc. (1.35%), Deutsche Bank AG (1.02%) and 1832 Asset Management L.P. (1.00%). How do I buy shares of Kinross Gold? Shares of KGC 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. What is Kinross Gold's stock price today? One share of KGC stock can currently be purchased for approximately $4.74. How much money does Kinross Gold make? Kinross Gold (NYSE:KGC) has a market capitalization of $5.82 billion and generates $3.46 billion in revenue each year. The mining company earns $-605,200,000.00 in net income (profit) each year or $0.01 on an earnings per share basis. How many employees does Kinross Gold have? The company employs 6,400 workers across the globe. How can I contact Kinross Gold? Kinross Gold's mailing address is 25 YORK STREET 17TH FLOOR, TORONTO A6, M5J 2V5. The official website for the company is www.kinross.com. The mining company can be reached via phone at (416) 365-5123, via email at tom.elliott@kinross.com, or via fax at 416-363-6622. This page (NYSE:KGC) was last updated on 5/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Kinross Gold Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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