Kinross Gold - KGC Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kinross Gold in the last year. 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.
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6 Wall Street research 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 stock price to reach $6.53 in the next twelve months. This suggests a possible upside of 57.4% from the stock's current price.
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Kinross Gold's stock was trading at $4.09 at the beginning of the year. Since then, KGC shares have increased by 1.5% and is now trading at $4.15.
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Kinross Gold saw a drop in short interest during the month of February. As of February 28th, there was short interest totaling 13,460,000 shares, a drop of 11.0% from the February 13th total of 15,120,000 shares. Based on an average daily trading volume, of 13,930,000 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.1% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 9th 2023.
View our KGC earnings forecast.

Kinross Gold Co. (NYSE:KGC) announced its earnings results on Thursday, February, 16th. The mining company reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.02. The mining company earned $1.08 billion during the quarter, compared to analysts' expectations 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 firm earned $0.08 EPS.

Kinross Gold announced 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 2.89%. The ex-dividend date of this dividend is Tuesday, March 7th.
Read our dividend analysis for KGC.

Kinross Gold (NYSE:KGC) pays an annual dividend of $0.12 per share and currently has a dividend yield of 2.91%.
Read our dividend analysis for KGC.

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.

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 a number of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (11.37%), Barclays PLC (5.76%), Renaissance Technologies LLC (2.21%), Donald Smith & CO. Inc. (1.37%), Ruffer LLP (1.37%) and Millennium Management LLC (1.35%).

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.
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One share of KGC stock can currently be purchased for approximately $4.15.

Kinross Gold (NYSE:KGC) has a market capitalization of $5.08 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.

The company employs 9,322 workers across the globe.

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.