NYSE:KGC Kinross Gold (KGC) Stock Forecast, Price & News $4.60 +0.02 (+0.44%) (As of 09/28/2023 ET) Add Compare Share Share Today's Range$4.51▼$4.6150-Day Range$4.57▼$5.2552-Week Range$3.30▼$5.57Volume12.64 million shsAverage Volume12.41 million shsMarket Capitalization$5.64 billionP/E Ratio28.72Dividend Yield2.61%Price Target$6.24 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Kinross Gold MarketRank™ ForecastAnalyst RatingHold2.30 Rating ScoreUpside/Downside35.8% Upside$6.24 Price TargetShort InterestHealthy1.45% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.55Upright™ Environmental ScoreNews Sentiment0.40Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth5.13%From $0.39 to $0.41 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.2.30 out of 5 starsBasic Materials Sector84th out of 167 stocksGold & Silver Ores Industry16th out of 35 stocks 3.2 Analyst's Opinion Consensus RatingKinross Gold has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 5 buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.24, Kinross Gold has a forecasted upside of 35.8% from its current price of $4.60.Amount of Analyst CoverageKinross Gold has only been the subject of 4 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.45% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Kinross Gold has recently increased by 11.91%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldKinross Gold pays a meaningful dividend of 2.54%, 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 75.00%. 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 29.27% 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 3.0 News and Social Media Coverage News SentimentKinross Gold has a news sentiment score of 0.40. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Kinross Gold this week, compared to 3 articles on an average week.Search Interest13 people have searched for KGC on MarketBeat in the last 30 days. This is an increase of 117% compared to the previous 30 days.MarketBeat Follows19 people have added Kinross Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 1,800% 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 Institutions49.80% 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 5.13% in the coming year, from $0.39 to $0.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kinross Gold is 28.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Kinross Gold is 28.72, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 94.22.Price to Book Value per Share RatioKinross Gold has a P/B Ratio of 0.96. 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 Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. Kinross Gold Corporation was founded in 1993 and is headquartered in Toronto, Canada.Read More KGC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart KGC Stock News HeadlinesSeptember 28, 2023 | msn.comPerth and Kinross Council looks set to launch consultation on bid to create a new National Park in PerthshireSeptember 28, 2023 | msn.comPerth and Kinross has no plans to open a consumption room for illegal drugs at the momentSeptember 28, 2023 | The Oxford Club (Ad)Better Than Oil Stocks?The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. September 26, 2023 | finance.yahoo.comKinross Gold Corporation's (TSE:K) Has Performed Well But Fundamentals Look Varied: Is There A Clear Direction For The Stock?September 22, 2023 | msn.comOpening hours at six Perth and Kinross recycling centres will be slashed to save £270kSeptember 20, 2023 | msn.comBlairgowrie Golf Club member Ewan Farquharson finds top form to win Perth and Kinross matchplay titleSeptember 19, 2023 | msn.comPerth and Kinross councillors vote to protect anonymity of those attending its Warm SpacesSeptember 15, 2023 | msn.comHundreds line streets in Kinross as King helps mark 40th anniversary of community facilitySeptember 28, 2023 | The Oxford Club (Ad)Better Than Oil Stocks?The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment. September 15, 2023 | finance.yahoo.comIs Kinross Gold (KGC) Modestly Undervalued? A Comprehensive Valuation AnalysisSeptember 6, 2023 | marketwatch.comKinross Gold Corp. stock falls Wednesday, still outperforms marketSeptember 1, 2023 | finance.yahoo.comWhy Is Kinross Gold (KGC) Up 7.6% Since Last Earnings Report?August 24, 2023 | finance.yahoo.comZacks Industry Outlook Highlights Kinross Gold, B2Gold, Galiano Gold and Vista GoldAugust 21, 2023 | msn.com1 Mining Stock to Buy, 2 to Sell on Gold Price WeaknessAugust 8, 2023 | finance.yahoo.comKinross (KGC) Earnings and Revenues Beat Estimates in Q2August 6, 2023 | seekingalpha.comKinross Q2 Earnings: Turnaround Thesis Remains IntactAugust 4, 2023 | juniorminingnetwork.comKinross Gold Announces Routine Renewal of NCIBAugust 4, 2023 | finance.yahoo.comKinross announces routine renewal of NCIBAugust 3, 2023 | juniorminingnetwork.comKinross Gold Reports Strong 2023 Second-Quarter ResultsAugust 3, 2023 | finanznachrichten.deKinross Gold Corporation: Kinross reports strong 2023 second-quarter resultsAugust 3, 2023 | finance.yahoo.comKinross reports strong 2023 second-quarter resultsAugust 3, 2023 | finance.yahoo.comKinross Gold (KGC) Surpasses Q2 Earnings and Revenue EstimatesJuly 26, 2023 | finance.yahoo.comKinross Gold (KGC) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseJuly 19, 2023 | finance.yahoo.comWhy Kinross Gold (KGC) Could Beat Earnings Estimates AgainJuly 6, 2023 | seekingalpha.comKinross: Strong Operational Performance LatelyJuly 5, 2023 | finance.yahoo.comKinross completes US$500 million unsecured 10-year notes offering to refinance its outstanding notes due 2024July 2, 2023 | finance.yahoo.comThe 3.8% return this week takes Kinross Gold's (TSE:K) shareholders one-year gains to 42%See More Headlines 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 Last Earnings8/02/2023Ex-Dividend for 9/8 Dividend8/23/2023Dividend Payable9/08/2023Today9/28/2023Next Earnings (Estimated)11/08/2023Fiscal 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$6.24 High Stock Price Forecast$14.50 Low Stock Price Forecast$4.00 Forecasted Upside/Downside+37.1%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$0.16 Trailing P/E Ratio28.44 Forward P/E Ratio11.67 P/E GrowthN/ANet Income$-605,200,000.00 Net Margins5.06% Pretax Margin8.34% Return on Equity7.15% Return on Assets4.12% Debt Debt-to-Equity Ratio0.32 Current Ratio1.57 Quick Ratio0.61 Sales & Book Value Annual Sales$3.46 billion Price / Sales1.62 Cash Flow$0.84 per share Price / Cash Flow5.40 Book Value$4.81 per share Price / Book0.95Miscellaneous Outstanding Shares1,227,640,000Free Float1,215,363,000Market Cap$5.59 billion OptionableOptionable Beta0.96 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. J. Paul Rollinson (Age 61)Pres, CEO & Director Comp: $2.71MMs. Andrea Susan FreeboroughExec. VP & CFOMr. Claude J. S. SchimperExec. VP & COOMr. Geoffrey P. GoldExec. VP of Corp. Devel. & External Relations and Chief Legal OfficerMr. Chris LichtenheldtVP of Investor RelationsVictoria BarringtonSr. Director of Corp. CommunicationsMs. Kathleen M. Grandy J.D.Sr. Vice-Pres of HRMr. Nathan M. LongeneckerSr. VP of Global Legal Operations & Major Permitting and Gen. CounselMike van AkkooiSr. Vice-Pres of External AffairsMr. David C. ShaverSr. VP of Corp. Devel.More ExecutivesKey CompetitorsAlamos GoldNYSE:AGISibanye StillwaterNYSE:SBSWAngloGold AshantiNYSE:AUPan American SilverNYSE:PAASHarmony Gold MiningNYSE:HMYView All CompetitorsInstitutional OwnershipStrategic Financial Concepts LLCBought 20,930 shares on 9/7/2023Ownership: 0.002%Alberta Investment Management CorpSold 446,700 shares on 8/24/2023Ownership: 0.115%Wolverine Trading LLCBought 53,600 shares on 8/23/2023Ownership: 0.000%Osaic Holdings Inc.Sold 2,544 shares on 8/21/2023Ownership: 0.006%Orion Portfolio Solutions LLCBought 17,303 shares on 8/17/2023Ownership: 0.001%View All Institutional Transactions KGC Stock - Frequently Asked Questions Should I buy or sell Kinross Gold stock right now? 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. What is Kinross Gold's stock price forecast for 2023? 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. How have KGC shares performed in 2023? 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. View the best growth stocks for 2023 here. Are investors shorting Kinross Gold? 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. When is Kinross Gold's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our KGC earnings forecast. How were Kinross Gold's earnings last quarter? 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. How often does Kinross Gold pay dividends? What is the dividend yield for Kinross Gold? 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. What ETF holds Kinross Gold's stock ? iShares International Developed Small Cap Value Factor ETF holds 382,245 shares of KGC stock, representing 1.14% of its portfolio. 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 2.54%. 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. 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 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%). 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 $4.55. How much money does Kinross Gold make? 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. 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 9/28/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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