NYSE:KGC

Kinross Gold - KGC Stock Forecast, Price & News

$4.71

-0.04 (-0.84%)

(As of 03/31/2023 12:00 AM ET)

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Today's Range: $4.67
▼
$4.79
50-Day Range: $3.42
▼
$4.88
52-Week Range: $3.00
▼
$6.34

Volume: 13.76 million shs
Average Volume: 17.38 million shs
Market Capitalization: $5.78 billion

P/E Ratio: N/A
Dividend Yield: 2.55%
Price Target: $6.53

Institutional Ownership

Kinross Gold MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 38.7% Upside
$6.53 Price Target
Short Interest: Healthy
1.10% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -5.55
Upright™ Environmental Score
News Sentiment: 0.54
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 46.88%
From $0.32 to $0.47 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.28 out of 5 stars

Basic Materials Sector

75th out of 160 stocks

Gold & Silver Ores Industry

13th out of 32 stocks

3.3

Analyst's Opinion

Consensus Rating
Kinross Gold has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.53, Kinross Gold has a forecasted upside of 38.7% from its current price of $4.71.
Amount of Analyst Coverage
Kinross Gold has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.10% of the float of Kinross Gold has been sold short.
Short Interest Ratio / Days to Cover
Kinross Gold has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Kinross Gold has recently increased by 1.26%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
Kinross Gold pays a meaningful dividend of 2.54%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Kinross Gold does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Kinross Gold will have a dividend payout ratio of 25.53% next year. This indicates that Kinross Gold will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Kinross 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 Sustainability
The Environmental Impact score for Kinross Gold is -5.55.

2.5

News and Social Media Coverage

News Sentiment
Kinross Gold has a news sentiment score of 0.54. 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 higher news sentiment than the 0.30 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Kinross Gold this week, compared to 3 articles on an average week.
Search Interest
Only 21 people have searched for KGC on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Kinross Gold to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kinross Gold insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Kinross Gold is held by insiders.
Percentage Held by Institutions
55.58% of the stock of Kinross Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Kinross Gold are expected to grow by 46.88% in the coming year, from $0.32 to $0.47 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kinross Gold is -10.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kinross Gold is -10.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Kinross 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.

See Top Rated MarketRank™ Stocks Here

About Kinross Gold (NYSE:KGC) Stock

Kinross 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.

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KGC Stock News Headlines

March 22, 2023 | marketbeat.com

Seesaw Effect: As Banks Drop, These 3 Stocks Are Going Up

Precious metals and alternative currencies are benefiting from the uncertainty around the financial sector, and stocks tied to these areas are trending higher.

March 31, 2023 | nasdaq.com

Interesting KGC Put And Call Options For July 21st

April 1, 2023 | Investorplace Media (Ad)

This Tech Stock Could be the Next Amazon

You can learn its name in Luke Lango’s latest report, 5 Hypergrowth Stocks for 2023. Claim Your Free Report Here.

March 30, 2023 | americanbankingnews.com

Brokerages Set Kinross Gold Co. (NYSE:KGC) Price Target at $6.53

March 23, 2023 | americanbankingnews.com

Kinross Gold (NYSE:KGC) Shares Down 3%

March 17, 2023 | finance.yahoo.com

Kinross Gold (KGC) Down 2.5% Since Last Earnings Report: Can It Rebound?

March 16, 2023 | marketwatch.com

Kinross Gold Corp. stock remains steady Thursday, underperforms market

March 13, 2023 | finance.yahoo.com

Is the Options Market Predicting a Spike in Kinross (KGC) Stock?

April 1, 2023 | Vantage Point (Ad)

Did You See These Trend Reversals?

Get ready for a potentially shocking and unprecedented announcement from the Fed meeting on May 3rd. This could cause many retail and industry traders to resort to drastic measures. One swift stroke could make popular assets plummet, BUT… there’s a straightforward solution to act now to protect your family and wealth.

March 12, 2023 | thestreet.com

Perilous Reversal Watch: Kinross Gold Corporation (KGC)

March 10, 2023 | msn.com

Network Rail strikes in Perth and Kinross cancelled after new pay deal offered

March 8, 2023 | baystreet.ca

BUY ALERT: 2 Cheap Gold Stocks to Snag Today

March 7, 2023 | msn.com

Perth and Kinross schools remain open as national teacher strikes paused to consider improved pay offer

March 7, 2023 | msn.com

New dedicated taskforce will be formed to crack down on fly-tipping across Perth and Kinross

February 25, 2023 | finance.yahoo.com

12 Most Promising Low-Cost Stocks According to Analysts

February 17, 2023 | finance.yahoo.com

Here's Why Kinross Gold (KGC) Could be Great Choice for a Bottom Fisher

February 16, 2023 | finance.yahoo.com

After Plunging -13.82% in 4 Weeks, Here's Why the Trend Might Reverse for Kinross Gold (KGC)

February 16, 2023 | finanznachrichten.de

Kinross Gold Corporation: Kinross reports 2022 fourth-quarter and full-year results

February 14, 2023 | msn.com

Earnings Preview For Kinross Gold

February 13, 2023 | finanznachrichten.de

Kinross Gold Corporation: Kinross announces robust initial mineral resource of 2.7 Moz. indicated and 2.3 Moz. inferred for Great Bear project

February 10, 2023 | msn.com

Kinross businesses are crowned champions at ceremony celebrating best food being served across Scotland

February 3, 2023 | msn.com

Perth and Kinross Sports Awards finalists list revealed ahead of celebratory ceremony next month

February 1, 2023 | msn.com

Perth and Kinross councillors vote to increase tenants' rent by 2.2 per cent

January 31, 2023 | msn.com

Perth and Kinross Council to save thousands of pounds by slashing number of flags flown outside headquarters

January 27, 2023 | nasdaq.com

BlackRock Inc. Cuts Stake in Kinross Gold Corp. (KGC)

January 22, 2023 | finance.yahoo.com

Kinross Gold (TSE:K) shareholders have earned a 3.7% CAGR over the last five years

January 19, 2023 | msn.com

Pet’s ashes, land deeds and paddleboard among items left at Perth and Kinross Travelodges in 2022

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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KGC Company Calendar

Last Earnings: 2/16/2023
Ex-Dividend for 3/23 Dividend: 3/07/2023
Dividend Payable: 3/23/2023
Today: 4/01/2023
Next Earnings (Estimated): 5/09/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Gold & silver ores
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:KGC
CUSIP: N/A
CIK: 701818
Web: www.kinross.com
Phone: (416) 365-5123
Fax: 416-363-6622
Employees: 9,322
Year Founded: 1993

Price Target and Rating

Average Stock Price Forecast: $6.53
High Stock Price Forecast: $9.00
Low Stock Price Forecast: $4.00
Forecasted Upside/Downside: +38.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.47)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 14.72
P/E Growth: N/A
Net Income: $-605,200,000.00
Net Margins: -17.18%
Pretax Margin: 3.09%
Return on Equity: 4.58%
Return on Assets: 2.65%

Debt

Debt-to-Equity Ratio: 0.43
Current Ratio: 2.47
Quick Ratio: 1.04

Sales & Book Value

Annual Sales: $3.46 billion
Price / Sales: 1.67
Cash Flow: $0.87 per share
Price / Cash Flow: 5.40
Book Value: $4.81 per share
Price / Book: 0.98

Miscellaneous

Outstanding Shares: 1,227,230,000
Free Float: 1,214,957,000
Market Cap: $5.78 billion
Optionable: Optionable
Beta: 0.87

Social Links

Key Executives

Jonathon Paul Rollinson
President, Chief Executive Officer & Director

Claude Schimper
Chief Operating Officer & Executive Vice President

Andrea S. Freeborough
Chief Financial Officer & Executive Vice President

Steve Kerrigan
Vice President-Information Technology

Ned Jalil
Chief Technical Officer & Senior Vice President

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

KGC Stock - Frequently Asked Questions

Should I buy or sell Kinross Gold stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KGC shares.
View KGC analyst ratings or view top-rated stocks.
What is Kinross Gold's stock price forecast for 2023?: 6 analysts have issued 1 year price objectives for Kinross Gold's stock. Their KGC share price forecasts range from $4.00 to $9.00. On average, they expect the company's share price to reach $6.53 in the next year. This suggests a possible upside of 38.7% 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 start of the year. Since then, KGC shares have increased by 15.2% and is now trading at $4.71.
View the best growth stocks for 2023 here.
Are investors shorting Kinross Gold?: Kinross Gold saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 13,460,000 shares, a decline of 11.0% from the February 13th total of 15,120,000 shares. Based on an average daily volume of 13,930,000 shares, the short-interest ratio is presently 1.0 days. Currently, 1.1% of the shares of the company are sold short.
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 Tuesday, May 9th 2023.
View our KGC earnings forecast.
How were Kinross Gold's earnings last quarter?: Kinross Gold Co. (NYSE:KGC) posted its earnings results on Thursday, February, 16th. The mining company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.02. The mining company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $962.80 million. Kinross Gold had a negative net margin of 17.18% and a positive trailing twelve-month return on equity of 4.58%. During the same period in the prior year, the business earned $0.08 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 Wednesday, February 15th. Shareholders of record on Wednesday, March 8th will be given a dividend of $0.03 per share on Thursday, March 23rd. This represents a $0.12 annualized dividend and a yield of 2.55%. The ex-dividend date of this dividend is Tuesday, March 7th.
Read our dividend analysis for KGC.
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%.
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."
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 $4.71.
How much money does Kinross Gold make?: Kinross Gold (NYSE:KGC) has a market capitalization of $5.78 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 ($0.47) on an earnings per share basis.
How many employees does Kinross Gold have?: The company employs 9,322 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 4/1/2023 by MarketBeat.com Staff

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Kinross Gold - KGC Stock Forecast, Price & News

Kinross Gold MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Kinross Gold (NYSE:KGC) Stock

KGC Stock News Headlines

KGC Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

KGC Stock - Frequently Asked Questions

Overall MarketRank^™