Kirkland Lake Gold Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kirkland Lake Gold in the last year. There are currently 1 sell rating, 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Kirkland Lake Gold stock.
View analyst ratings for Kirkland Lake Gold or view top-rated stocks.

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Kirkland Lake Gold is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Kirkland Lake Gold.

Kirkland Lake Gold Ltd. (NYSE:KL) released its quarterly earnings results on Thursday, May, 6th. The company reported $0.63 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.67 by $0.04. The business earned $551.80 million during the quarter, compared to analysts' expectations of $662.39 million. Kirkland Lake Gold had a trailing twelve-month return on equity of 18.12% and a net margin of 30.36%. Kirkland Lake Gold's revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.70 earnings per share.
View Kirkland Lake Gold's earnings history.

Kirkland Lake Gold's stock was trading at $30.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, KL shares have increased by 27.8% and is now trading at $38.73.
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Kirkland Lake Gold declared a dividend on Saturday, June 19th. Investors of record on Wednesday, June 30th will be given a dividend of $0.1875 per share on Wednesday, July 14th. This represents a yield of 1.87%. The ex-dividend date of this dividend is Tuesday, June 29th. This is a boost from Kirkland Lake Gold's previous dividend of $0.02.
View Kirkland Lake Gold's dividend history.

Kirkland Lake Gold pays an annual dividend of $0.44 per share and currently has a dividend yield of 1.10%. Kirkland Lake Gold has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Kirkland Lake Gold is 12.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Kirkland Lake Gold will have a dividend payout ratio of 13.71% next year. This indicates that Kirkland Lake Gold will be able to sustain or increase its dividend.
View Kirkland Lake Gold's dividend history.

9 brokers have issued twelve-month price objectives for Kirkland Lake Gold's stock. Their forecasts range from $55.00 to $85.00. On average, they expect Kirkland Lake Gold's stock price to reach $70.00 in the next twelve months. This suggests a possible upside of 80.7% from the stock's current price.
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Some companies that are related to Kirkland Lake Gold include Barrick Gold (GOLD), Franco-Nevada (FNV), Wheaton Precious Metals (WPM), Agnico Eagle Mines (AEM), Sibanye Stillwater (SBSW), Gold Fields (GFI), Kinross Gold (KGC), AngloGold Ashanti (AU), Pan American Silver (PAAS), B2Gold (BTG), Yamana Gold (AUY), First Majestic Silver (AG), Alamos Gold (AGI), NovaGold Resources (NG) and Harmony Gold Mining (HMY).
View all of KL's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Kirkland Lake Gold investors own include NVIDIA (NVDA), Intel (INTC), Advanced Micro Devices (AMD), Alibaba Group (BABA), Cisco Systems (CSCO), AbbVie (ABBV), Barrick Gold (GOLD), Newmont (NEM), Square (SQ) and Micron Technology (MU).

Kirkland Lake Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "KL."

Kirkland Lake Gold's stock is owned by a number of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (6.29%), Price T Rowe Associates Inc. MD (4.15%), Flossbach Von Storch AG (1.66%), CIBC Asset Management Inc (1.45%), Renaissance Technologies LLC (1.21%) and Ninety One UK Ltd (1.16%).

KL stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, AGF Investments Inc., Toronto Dominion Bank, The Manufacturers Life Insurance Company, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Greenhouse Funds LLLP, CIBC Asset Management Inc, and Renaissance Technologies LLC.

KL stock was acquired by a variety of institutional investors in the last quarter, including Flossbach Von Storch AG, Canada Pension Plan Investment Board, Morgan Stanley, Galibier Capital Management Ltd., Russell Investments Group Ltd., Jupiter Asset Management Ltd., Crossmark Global Holdings Inc., and Goldman Sachs Group Inc..

Shares of KL 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 KL stock can currently be purchased for approximately $38.73.

Kirkland Lake Gold has a market capitalization of $10.34 billion and generates $2.46 billion in revenue each year. The company earns $787.71 million in net income (profit) each year or $3.41 on an earnings per share basis.

Kirkland Lake Gold employs 2,878 workers across the globe.

The official website for Kirkland Lake Gold is www.klgold.com.

Kirkland Lake Gold is headquartered at 200 BAY STREET SUITE 3120, TORONTO A6, M5J 2J1.

Kirkland Lake Gold's mailing address is 200 BAY STREET SUITE 3120, TORONTO A6, M5J 2J1. The company can be reached via phone at (416) 840-7884 or via email at [email protected]