Kinross Gold (KGC) Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 5 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.

10 equities research analysts have issued 12 month price objectives for Kinross Gold's shares. Their KGC share price forecasts range from $4.00 to $14.50. On average, they predict the company's share price to reach $6.24 in the next year. This suggests a possible upside of 37.1% from the stock's current price.
View analysts price targets for KGC or view top-rated stocks among Wall Street analysts.

Kinross Gold's stock was trading at $4.09 on January 1st, 2023. Since then, KGC stock has increased by 11.2% and is now trading at $4.55.
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Kinross Gold saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 17,670,000 shares, an increase of 11.9% from the August 31st total of 15,790,000 shares. Based on an average daily volume of 9,290,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.5% of the company's shares are short sold.
View Kinross Gold's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our KGC earnings forecast.

Kinross Gold Co. (NYSE:KGC) released its earnings results on Wednesday, August, 2nd. The mining company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.08 by $0.06. The mining company earned $1.09 billion during the quarter, compared to analysts' expectations of $1.01 billion. Kinross Gold had a net margin of 5.06% and a trailing twelve-month return on equity of 7.15%. The business's quarterly revenue was up 33.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.03 EPS.

Kinross Gold declared a quarterly dividend on Wednesday, August 2nd. Investors of record on Thursday, August 24th will be paid a dividend of $0.03 per share on Friday, September 8th. This represents a $0.12 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date is Wednesday, August 23rd.
Read our dividend analysis for KGC.

iShares International Developed Small Cap Value Factor ETF holds 382,245 shares of KGC stock, representing 1.14% of its portfolio.

Kinross Gold (NYSE:KGC) pays an annual dividend of $0.12 per share and currently has a dividend yield of 2.54%. The dividend payout ratio is 75.00%. 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 29.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for KGC.

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.

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).

Kinross Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "KGC."

Kinross Gold's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (12.28%), Renaissance Technologies LLC (2.03%), Bank of Nova Scotia (1.21%), Donald Smith & CO. Inc. (1.17%), Mackenzie Financial Corp (0.83%) and National Bank of Canada FI (0.81%).

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.
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One share of KGC stock can currently be purchased for approximately $4.55.

Kinross Gold (NYSE:KGC) has a market capitalization of $5.59 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 $0.16 on an earnings per share basis.

The company employs 6,400 workers across the globe.

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.