NYSE:KGC Kinross Gold Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. Log In and Add $8.82 -0.12 (-1.34 %) (As of 09/30/2020 12:00 AM ET) Add Compare Share Today's Range$8.67Now: $8.82▼$8.9350-Day Range$8.22MA: $8.89▼$10.0052-Week Range$2.72Now: $8.82▼$10.31Volume8.56 million shsAverage Volume18.96 million shsMarket Capitalization$11.10 billionP/E Ratio12.42Dividend YieldN/ABeta1.04 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties in the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. It is also involved in the reclamation of gold mining properties; and production and sale of silver. As of December 31, 2018, its proven and probable mineral reserves included approximately 25.5 million ounces of gold, as well as 53.9 million ounces of silver. The company was founded in 1993 and is headquartered in Toronto, Canada.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingKinross Gold has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.89, Kinross Gold has a forecasted upside of 23.4% from its current price of $8.82.Amount of Analyst CoverageKinross Gold has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Community Rank Outperform VotesKinross Gold has received 510 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKinross Gold has received 752 “underperform” votes. (Add your “underperform” vote.)Community SentimentKinross Gold has received 59.59% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Kinross Gold and other stocks. Vote “Outperform” if you believe KGC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KGC will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.8 Dividend Strength Dividend YieldKinross Gold does not currently pay a dividend.Dividend GrowthKinross Gold does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Kinross Gold will have a dividend payout ratio of 15.19% next year. This indicates that Kinross Gold will be able to sustain or increase its dividend. Previous Next 1.0 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 Institutions53.20% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Kinross Gold are expected to grow by 16.18% in the coming year, from $0.68 to $0.79 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kinross Gold is 12.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Kinross Gold is 12.42, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 34.81.Price to Book Value per Share RatioKinross Gold has a P/B Ratio of 2.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.0Dividend Strength: 0.8Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.81 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:KGC Previous Symbol CUSIPN/A CIK701818 Webwww.kinross.com Phone416-365-5123Debt Debt-to-Equity Ratio0.48 Current Ratio3.76 Quick Ratio2.45Price-To-Earnings Trailing P/E Ratio12.42 Forward P/E Ratio12.97 P/E GrowthN/A Sales & Book Value Annual Sales$3.50 billion Price / Sales3.17 Cash Flow$0.88 per share Price / Cash Flow10.06 Book Value$4.25 per share Price / Book2.08Profitability EPS (Most Recent Fiscal Year)$0.34 Net Income$718.60 million Net Margins23.96% Return on Equity11.03% Return on Assets6.17%Miscellaneous Employees8,970 Outstanding Shares1,258,276,000Market Cap$11.10 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $8.82 -0.12 (-1.34 %) (As of 09/30/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive KGC News and Ratings via Email Sign-up to receive the latest news and ratings for KGC and its competitors with MarketBeat's FREE daily newsletter. Kinross Gold (NYSE:KGC) Frequently Asked Questions How has Kinross Gold's stock price been impacted by Coronavirus (COVID-19)? Kinross Gold's stock was trading at $4.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, KGC stock has increased by 83.4% and is now trading at $8.82. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Kinross Gold? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Kinross Gold. When is Kinross Gold's next earnings date? Kinross Gold is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Kinross Gold. How were Kinross Gold's earnings last quarter? Kinross Gold Co. (NYSE:KGC) issued its quarterly earnings results on Wednesday, July, 29th. The mining company reported $0.15 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.13 by $0.02. The mining company had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $1.01 billion. Kinross Gold had a net margin of 23.96% and a return on equity of 11.03%. The business's quarterly revenue was up 20.2% on a year-over-year basis. During the same quarter last year, the company posted $0.06 EPS. View Kinross Gold's earnings history. How often does Kinross Gold pay dividends? What is the dividend yield for Kinross Gold? Kinross Gold announced a quarterly dividend on Monday, September 21st. Investors of record on Thursday, October 8th will be given a dividend of $0.03 per share on Thursday, October 22nd. This represents a $0.12 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend is Wednesday, October 7th. View Kinross Gold's dividend history. What price target have analysts set for KGC? 11 equities research analysts have issued 1 year price objectives for Kinross Gold's shares. Their forecasts range from $7.00 to $14.25. On average, they expect Kinross Gold's stock price to reach $10.89 in the next year. This suggests a possible upside of 23.4% from the stock's current price. View analysts' price targets for Kinross Gold. Are investors shorting Kinross Gold? Kinross Gold saw a increase in short interest in September. As of September 15th, there was short interest totaling 20,130,000 shares, an increase of 32.7% from the August 31st total of 15,170,000 shares. Based on an average trading volume of 17,050,000 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.6% of the company's stock are sold short. View Kinross Gold's Short Interest. Who are some of Kinross Gold's key competitors? Some companies that are related to Kinross Gold include Franco Nevada (FNV), Wheaton Precious Metals (WPM), Agnico Eagle Mines (AEM), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Gold Fields (GFI), Sibanye Gold (SBGL), B2Gold (BTG), Pan American Silver (PAAS), B2Gold (BTG), Yamana Gold (AUY), NovaGold Resources (NG), Alamos Gold (AGI), Harmony Gold Mining (HMY) and First Majestic Silver (AG). View all competitors. 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), Yamana Gold (AUY), Advanced Micro Devices (AMD), Newmont Goldcorp (NEM), Cisco Systems (CSCO), Intel (INTC), Micron Technology (MU) and Gilead Sciences (GILD). Who are Kinross Gold's key executives? Kinross Gold's management team includes the following people: Mr. J. Paul Rollinson, Pres, CEO & Director (Age 57)Mr. Paul Botond Stilicho Tomory, Exec. VP & CTOMr. Geoffrey P. Gold, Exec. VP of Corp. Devel. & External Relations and Chief Legal OfficerMs. Andrea Susan Freeborough, Sr. VP & CFOMr. Thomas Ballantyne Elliott, Sr. VP of Investor Relations & Corp. Devel. What is Kinross Gold's stock symbol? Kinross Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "KGC." How do I buy shares of Kinross Gold? Shares of KGC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Kinross Gold's stock price today? One share of KGC stock can currently be purchased for approximately $8.82. How big of a company is Kinross Gold? Kinross Gold has a market capitalization of $11.10 billion and generates $3.50 billion in revenue each year. The mining company earns $718.60 million in net income (profit) each year or $0.34 on an earnings per share basis. Kinross Gold employs 8,970 workers across the globe. What is Kinross Gold's official website? The official website for Kinross Gold is www.kinross.com. How can I contact Kinross Gold? Kinross Gold's mailing address is 25 YORK STREET 17TH FLOOR, TORONTO A6, M5J 2V5. The mining company can be reached via phone at 416-365-5123 or via email at [email protected] This page was last updated on 10/1/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
