Kinross Gold Stock Forecast, Price & News

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 48.2% and is now trading at $7.13.
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10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Kinross Gold stock.
View analyst ratings for Kinross Gold or view MarketBeat's top 5 stock picks.

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6,978 employees have rated Kinross Gold CEO Larry J. Merlo on Glassdoor.com. Larry J. Merlo has an approval rating of 37% among Kinross Gold's employees. This puts Larry J. Merlo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Kinross Gold is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for Kinross Gold.

Kinross Gold will be holding an earnings conference call on Wednesday, February 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Kinross Gold Co. (NYSE:KGC) posted its quarterly earnings data on Wednesday, November, 4th. The mining company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by $0.02. The mining company earned $1.13 billion during the quarter, compared to the consensus estimate of $1.16 billion. Kinross Gold had a return on equity of 14.20% and a net margin of 26.92%. The company's quarterly revenue was up 29.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.08 EPS.
View Kinross Gold's earnings history.

Kinross Gold declared a quarterly dividend on Friday, November 6th. Stockholders of record on Wednesday, November 25th will be given a dividend of $0.03 per share on Thursday, December 10th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date is Tuesday, November 24th.
View Kinross Gold's dividend history.

Kinross Gold pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.67%. The dividend payout ratio of Kinross Gold is 35.29%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Kinross Gold will have a dividend payout ratio of 13.19% next year. This indicates that Kinross Gold will be able to sustain or increase its dividend.
View Kinross Gold's dividend history.

10 brokers have issued twelve-month price targets for Kinross Gold's shares. Their forecasts range from $9.00 to $15.50. On average, they anticipate Kinross Gold's share price to reach $11.63 in the next year. This suggests a possible upside of 63.0% from the stock's current price.
View analysts' price targets for Kinross Gold or view Wall Street analyst' top-rated stocks.

Kinross Gold saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 19,590,000 shares, an increase of 81.4% from the December 15th total of 10,800,000 shares. Based on an average trading volume of 14,970,000 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.6% of the shares of the company are short sold.
View Kinross Gold's Short Interest.

Some companies that are related to Kinross Gold include Franco-Nevada (FNV), Wheaton Precious Metals (WPM), Agnico Eagle Mines (AEM), Sibanye Stillwater (SBSW), Sibanye Gold (SBGL), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Gold Fields (GFI), Pan American Silver (PAAS), B2Gold (BTG), Yamana Gold (AUY), Alamos Gold (AGI), First Majestic Silver (AG), NovaGold Resources (NG) and Harmony Gold Mining (HMY).
View all of KGC's competitors.

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 many different retail and institutional investors. Top institutional shareholders include Pendal Group Limited (0.07%), Hexavest Inc. (0.03%), Crossmark Global Holdings Inc. (0.01%), Addenda Capital Inc. (0.01%), OLD National Bancorp IN (0.00%) and F&V Capital Management LLC (0.00%).

KGC stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Patriot Financial Group Insurance Agency LLC, and OLD National Bancorp IN.

KGC stock was bought by a variety of institutional investors in the last quarter, including Pendal Group Limited, Addenda Capital Inc., F&V Capital Management LLC, Brookstone Capital Management, and Crossmark Global Holdings Inc..

Shares of KGC 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.

One share of KGC stock can currently be purchased for approximately $7.13.

Kinross Gold has a market capitalization of $8.97 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.

The official website for Kinross Gold is www.kinross.com.

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]