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 $9.63 -0.37 (-3.70 %) (As of 09/21/2020 09:10 AM ET) Add Compare Share Today's Range$9.63Now: $9.63▼$9.6350-Day Range$8.46MA: $8.96▼$9.8752-Week Range$2.72Now: $9.63▼$10.31Volume653 shsAverage Volume19.03 million shsMarket Capitalization$12.12 billionP/E Ratio13.56Dividend 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 $10.75, Kinross Gold has a forecasted upside of 11.6% from its current price of $9.63.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 751 “underperform” votes. (Add your “underperform” vote.)Community SentimentKinross Gold has received 59.56% “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 13.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Kinross Gold is 13.56, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 36.64.Price to Book Value per Share RatioKinross Gold has a P/B Ratio of 2.27. 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 Ratio13.56 Forward P/E Ratio14.16 P/E GrowthN/A Sales & Book Value Annual Sales$3.50 billion Price / Sales3.46 Cash Flow$0.96 per share Price / Cash Flow10.06 Book Value$4.25 per share Price / Book2.27Profitability 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$12.12 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $9.63 -0.37 (-3.70 %) (As of 09/21/2020 09:10 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 been impacted by Coronavirus? Kinross Gold's stock was trading at $4.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, KGC stock has increased by 100.2% and is now trading at $9.63. 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) released its quarterly earnings results on Wednesday, July, 29th. The mining company reported $0.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.13 by $0.02. The mining company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1.01 billion. Kinross Gold had a net margin of 23.96% and a return on equity of 11.03%. The company's quarterly revenue was up 20.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.06 EPS. View Kinross Gold's earnings history. What price target have analysts set for KGC? 11 analysts have issued 1-year price objectives for Kinross Gold's stock. Their forecasts range from $7.00 to $14.25. On average, they anticipate Kinross Gold's stock price to reach $10.75 in the next twelve months. This suggests a possible upside of 11.6% from the stock's current price. View analysts' price targets for Kinross Gold. 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), Gold Fields (GFI), AngloGold Ashanti (AU), Sibanye Gold (SBGL), Pan American Silver (PAAS), B2Gold (BTG), Yamana Gold (AUY), NovaGold Resources (NG), Alamos Gold (AGI), Harmony Gold Mining (HMY), First Majestic Silver (AG) and Osisko gold royalties (OR). 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), Newmont Goldcorp (NEM), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Micron Technology (MU), Intel (INTC) and Alibaba Group (BABA). 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." Who are Kinross Gold's major shareholders? Kinross Gold's stock is owned by a number of retail and institutional investors. Top institutional investors include Ruffer LLP (3.18%), Vanguard Group Inc. (2.94%), FIL Ltd (1.32%), Bank of Nova Scotia (1.23%), Swiss National Bank (0.86%) and Polunin Capital Partners Ltd (0.82%). Which major investors are selling Kinross Gold stock? KGC stock was sold by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Ninety One UK Ltd, Toronto Dominion Bank, Goldman Sachs Group Inc., Ruffer LLP, Sumitomo Mitsui Trust Holdings Inc., APG Asset Management N.V., and Polunin Capital Partners Ltd. Which major investors are buying Kinross Gold stock? KGC stock was purchased by a variety of institutional investors in the last quarter, including FIL Ltd, Toronto Dominion Bank, Bank of New York Mellon Corp, Intact Investment Management Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Two Sigma Advisers LP, Assenagon Asset Management S.A., and Gabelli Funds LLC. 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 $9.63. How big of a company is Kinross Gold? Kinross Gold has a market capitalization of $12.12 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 9/21/2020 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
