S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
The Day of Financial Reckoning Is Near (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Massive Supercycle Investment Opportunities for 2022-2027 (Ad)pixel
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
The Day of Financial Reckoning Is Near (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Massive Supercycle Investment Opportunities for 2022-2027 (Ad)pixel
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
The Day of Financial Reckoning Is Near (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Massive Supercycle Investment Opportunities for 2022-2027 (Ad)pixel
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
The Day of Financial Reckoning Is Near (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Massive Supercycle Investment Opportunities for 2022-2027 (Ad)pixel
NYSE:KGC

Kinross Gold - KGC Stock Forecast, Price & News

$3.54
+0.01 (+0.28%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$3.47
$3.56
50-Day Range
$3.09
$4.53
52-Week Range
$3.00
$7.13
Volume
9.64 million shs
Average Volume
20.98 million shs
Market Capitalization
$4.60 billion
P/E Ratio
N/A
Dividend Yield
3.40%
Price Target
$7.50

Kinross Gold MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
111.9% Upside
$7.50 Price Target
Short Interest
Healthy
4.11% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-5.55
Upright™ Environmental Score
News Sentiment
0.49mentions of Kinross Gold in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
48.48%
From $0.33 to $0.49 Per Share

Overall MarketRank

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

2.51 out of 5 stars

Basic Materials Sector

60th out of 170 stocks

Gold & Silver Ores Industry

9th out of 34 stocks

KGC stock logo

About Kinross Gold (NYSE:KGC) Stock

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, the Russian Federation, Brazil, Chile, Ghana, 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.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Raymond James set a $7.50 target price on Kinross Gold and gave the company an "outperform" rating in a report on Thursday, May 12th. Royal Bank of Canada lowered Kinross Gold from an "outperform" rating to a "sector perform" rating and set a $6.00 target price for the company. in a report on Wednesday, April 20th. StockNews.com raised shares of Kinross Gold from a "sell" rating to a "hold" rating in a research note on Thursday, July 28th. Stifel Nicolaus dropped their price target on shares of Kinross Gold from C$11.00 to C$10.00 in a research note on Wednesday, July 20th. Finally, National Bank Financial dropped their price target on shares of Kinross Gold from C$13.00 to C$9.25 in a research note on Thursday, July 21st. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $7.50.

Kinross Gold Stock Up 0.3 %

NYSE:KGC opened at $3.54 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.68 and a current ratio of 3.00. The firm has a 50-day simple moving average of $3.64 and a 200 day simple moving average of $4.74. Kinross Gold has a twelve month low of $3.00 and a twelve month high of $7.13. The stock has a market cap of $4.60 billion, a PE ratio of -7.38 and a beta of 1.01.

Kinross Gold (NYSE:KGC - Get Rating) (TSE:K) last released its earnings results on Wednesday, July 27th. The mining company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.05). Kinross Gold had a negative net margin of 18.36% and a positive return on equity of 4.59%. The company had revenue of $821.50 million during the quarter. On average, research analysts forecast that Kinross Gold will post 0.33 EPS for the current year.

Kinross Gold Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 1st. Investors of record on Thursday, August 18th will be paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 3.39%. The ex-dividend date of this dividend is Wednesday, August 17th. Kinross Gold's payout ratio is presently -25.00%.

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.

KGC Stock News Headlines

Analysts Set Kinross Gold Co. (NYSE:KGC) Target Price at $7.50
Kinross Gold: Searching For A Support
Kinross Gold: Softer Q2 Results Already Priced In
Kinross announces senior management changes
Kinross announces renewal of share buyback program
Kinross Gold (KGC) Set to Announce Earnings on Wednesday
Kinross: Quality Miner Trading At A Bargain Price
Kinross Gold: Dasvidaniya Russia
Kinross completes sale of Russian assets
Canada's Kinross Gold sells Russia assets at half price
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.

KGC Company Calendar

Ex-Dividend for 6/16 Dividend
6/01/2022
Dividend Payable
6/16/2022
Last Earnings
7/27/2022
Today
8/16/2022
Ex-Dividend for 9/1 Dividend
8/17/2022
Dividend Payable
9/01/2022
Next Earnings (Estimated)
11/09/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
N/A
Employees
9,322
Year Founded
1993

Price Target and Rating

Average Stock Price Forecast
$7.50
High Stock Price Forecast
$11.00
Low Stock Price Forecast
$5.25
Forecasted Upside/Downside
+111.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$221.20 million
Pretax Margin
12.17%

Debt

Sales & Book Value

Annual Sales
$3.73 billion
Cash Flow
$1.09 per share
Book Value
$5.34 per share

Miscellaneous

Outstanding Shares
1,300,046,000
Free Float
1,287,046,000
Market Cap
$4.60 billion
Optionable
Optionable
Beta
1.01

Social Links


Key Executives

  • Mr. J. Paul Rollinson (Age 60)
    Pres, CEO & Director
    Comp: $2.89M
  • Ms. Andrea Susan Freeborough
    Exec. VP & CFO
  • Mr. Paul Botond Stilicho Tomory
    Exec. VP & CTO
  • Mr. Geoffrey P. Gold
    Exec. VP of Corp. Devel. & External Relations and Chief Legal Officer
  • Mr. Claude J. S. Schimper
    Exec. VP & COO
  • Helene Timpano
    Sr. Vice-Pres of Operations
  • Mr. Chris Lichtenheldt
    VP of Investor Relations
  • Louie Diaz
    VP of Corp. Communications
  • Ms. Kathleen Jackson Allamby
    Exec. Assistant to CFO & Sr. VP of Global HR
  • Ms. Kathleen M. Grandy J.D.
    Sr. Vice-Pres of Global HR













KGC Stock - Frequently Asked Questions

Should I buy or sell Kinross Gold stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street 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 2022?

9 equities research analysts have issued 1 year price objectives for Kinross Gold's shares. Their KGC share price forecasts range from $5.25 to $11.00. On average, they predict the company's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 111.9% 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 2022?

Kinross Gold's stock was trading at $5.81 on January 1st, 2022. Since then, KGC stock has decreased by 39.1% and is now trading at $3.54.
View the best growth stocks for 2022 here
.

When is Kinross Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our KGC earnings forecast
.

How were Kinross Gold's earnings last quarter?

Kinross Gold Co. (NYSE:KGC) announced its quarterly earnings results on Wednesday, July, 27th. The mining company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.08 by $0.05. The mining company earned $821.50 million during the quarter. Kinross Gold had a negative net margin of 18.36% and a positive trailing twelve-month return on equity of 4.59%.

How often does Kinross Gold pay dividends? What is the dividend yield for Kinross Gold?

Kinross Gold announced a quarterly dividend on Wednesday, July 27th. Stockholders of record on Thursday, August 18th will be given a dividend of $0.03 per share on Thursday, September 1st. This represents a $0.12 annualized dividend and a dividend yield of 3.39%. The ex-dividend date is Wednesday, August 17th.
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 3.40%.
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 number of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (11.28%), Ruffer LLP (3.96%), Renaissance Technologies LLC (2.20%), Donald Smith & CO. Inc. (1.31%), Bank of Nova Scotia (1.13%) and Deutsche Bank AG (1.12%).

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 $3.54.

How much money does Kinross Gold make?

Kinross Gold (NYSE:KGC) has a market capitalization of $4.60 billion and generates $3.73 billion in revenue each year. The mining company earns $221.20 million in net income (profit) each year or ($0.48) on an earnings per share basis.

How many employees does Kinross Gold have?

The company employs 9,322 workers across the globe.

When was Kinross Gold founded?

Kinross Gold was founded in 1993.

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 8/17/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.