NYSE:KLKirkland Lake Gold Stock Price, Forecast & 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 Kirkland Lake Gold Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $41.68 +0.04 (+0.10 %) (As of 07/3/2020 04:00 PM ET) Add Compare Share Today's Range$41.18Now: $41.68▼$42.3750-Day Range$36.74MA: $38.69▼$41.6452-Week Range$18.02Now: $41.68▼$51.08Volume2.33 million shsAverage Volume2.27 million shsMarket Capitalization$11.56 billionP/E Ratio14.42Dividend Yield1.20%Beta0.84 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Kirkland Lake Gold Ltd. engages in the acquisition, exploration, development, and operation of gold properties. It owns and operates four underground gold mines, including the Macassa, Holt, and Taylor mines located in northeastern Ontario, Canada; and the Fosterville Mine located in Victoria, Australia, as well as three milling facilities in Canada and Australia. The company was formerly known as Newmarket Gold Inc. and changed its name to Kirkland Lake Gold Ltd. in December 2016. Kirkland Lake Gold Ltd. is headquartered in Toronto, Canada.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingKirkland Lake Gold has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $50.61, Kirkland Lake Gold has a potential upside of 21.4% from its current price of $41.68.Amount of Analyst CoverageKirkland Lake Gold has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.3 Community Rank Outperform VotesKirkland Lake Gold has received 341 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKirkland Lake Gold has received 403 “underperform” votes. (Add your “underperform” vote.)Community SentimentKirkland Lake Gold has received 54.17% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Kirkland Lake Gold and other stocks. Vote “Outperform” if you believe KL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KL will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend YieldKirkland Lake Gold has a dividend yield of 1.20%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthKirkland Lake Gold has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Kirkland Lake Gold is 18.25%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Kirkland Lake Gold will have a dividend payout ratio of 12.82% next year. This indicates that Kirkland Lake 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, Kirkland Lake Gold insiders have not sold or bought any company stock.Percentage Held by Institutions51.02% of the stock of Kirkland Lake Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Kirkland Lake Gold are expected to grow by 28.71% in the coming year, from $3.03 to $3.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kirkland Lake Gold is 14.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Kirkland Lake Gold is 14.42, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 25.97.Price to Earnings Growth RatioKirkland Lake Gold has a PEG Ratio of 4.59. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioKirkland Lake Gold has a P/B Ratio of 4.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.16 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:KL Previous Symbol CUSIPN/A CIK1713443 Webwww.klgold.com Phone416-840-7884Debt Debt-to-Equity RatioN/A Current Ratio1.51 Quick Ratio1.23Price-To-Earnings Trailing P/E Ratio14.42 Forward P/E Ratio13.76 P/E Growth4.59 Sales & Book Value Annual Sales$1.38 billion Price / Sales8.37 Cash Flow$3.56 per share Price / Cash Flow11.71 Book Value$8.67 per share Price / Book4.81Profitability EPS (Most Recent Fiscal Year)$2.74 Net Income$560.08 million Net Margins40.05% Return on Equity28.04% Return on Assets20.26%Miscellaneous Employees1,729 Outstanding Shares277,242,000Market Cap$11.56 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable KL Rates by TradingView Receive KL News and Ratings via Email Sign-up to receive the latest news and ratings for KL and its competitors with MarketBeat's FREE daily newsletter. Kirkland Lake Gold (NYSE:KL) Frequently Asked Questions How has Kirkland Lake Gold's stock been impacted by COVID-19 (Coronavirus)? Kirkland Lake Gold's stock was trading at $30.31 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, KL stock has increased by 37.5% and is now trading at $41.68. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Kirkland Lake Gold? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kirkland Lake Gold in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Kirkland Lake Gold. When is Kirkland Lake Gold's next earnings date? Kirkland Lake Gold is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Kirkland Lake Gold. How were Kirkland Lake Gold's earnings last quarter? Kirkland Lake Gold Ltd (NYSE:KL) announced its earnings results on Wednesday, May, 6th. The company reported $0.70 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.82 by $0.12. The business had revenue of $554.74 million for the quarter, compared to the consensus estimate of $759.84 million. Kirkland Lake Gold had a net margin of 40.05% and a return on equity of 28.04%. Kirkland Lake Gold's quarterly revenue was up 81.9% on a year-over-year basis. During the same quarter last year, the business earned $0.54 earnings per share. View Kirkland Lake Gold's earnings history. How often does Kirkland Lake Gold pay dividends? What is the dividend yield for Kirkland Lake Gold? Kirkland Lake Gold announced a quarterly dividend on Wednesday, June 17th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.125 per share on Monday, July 13th. This represents a $0.50 annualized dividend and a yield of 1.20%. The ex-dividend date is Monday, June 29th. This is a positive change from Kirkland Lake Gold's previous quarterly dividend of $0.06. View Kirkland Lake Gold's dividend history. What price target have analysts set for KL? 12 brokers have issued 1 year target prices for Kirkland Lake Gold's shares. Their forecasts range from $37.00 to $61.00. On average, they expect Kirkland Lake Gold's share price to reach $50.61 in the next year. This suggests a possible upside of 21.4% from the stock's current price. View analysts' price targets for Kirkland Lake Gold. Has Kirkland Lake Gold been receiving favorable news coverage? News headlines about KL stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kirkland Lake Gold earned a news sentiment score of 1.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news about Kirkland Lake Gold. Who are some of Kirkland Lake Gold's key competitors? Some companies that are related to Kirkland Lake Gold include Franco Nevada (FNV), Wheaton Precious Metals (WPM), Agnico Eagle Mines (AEM), AngloGold Ashanti (AU), Kinross Gold (KGC), Gold Fields (GFI), Pan American Silver (PAAS), Sibanye Gold (SBGL), Yamana Gold (AUY), Alamos Gold (AGI), Harmony Gold Mining (HMY), First Majestic Silver (AG), Iamgold (IAG), Osisko gold royalties (OR) and Eldorado Gold (EGO). View all competitors. What other stocks do shareholders of Kirkland Lake Gold own? Based on aggregate information from My MarketBeat watchlists, some companies that other Kirkland Lake Gold investors own include NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Walt Disney (DIS), Micron Technology (MU), Netflix (NFLX), Barrick Gold (GOLD), Intel (INTC), Square (SQ) and Verizon Communications (VZ). Who are Kirkland Lake Gold's key executives? Kirkland Lake Gold's management team includes the following people: Mr. Anthony Paul Makuch B.Sc., M.Sc., M.B.A., P.Eng., Pres, CEO & Director (Age 61)Mr. David Soares, Chief Financial OfficerMs. Christina Sylvia Jean Ouellette CHRP, Exec. VP of HR (Age 66)Henry Heidrich, Director of Technical ServicesMr. Mark E. F. Utting CFA, VP of Investor Relations What is Kirkland Lake Gold's stock symbol? Kirkland Lake Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "KL." Who are Kirkland Lake Gold's major shareholders? Kirkland Lake Gold's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.01%). Which major investors are buying Kirkland Lake Gold stock? KL stock was acquired by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC. How do I buy shares of Kirkland Lake Gold? Shares of KL 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 Kirkland Lake Gold's stock price today? One share of KL stock can currently be purchased for approximately $41.68. How big of a company is Kirkland Lake Gold? Kirkland Lake Gold has a market capitalization of $11.56 billion and generates $1.38 billion in revenue each year. The company earns $560.08 million in net income (profit) each year or $2.74 on an earnings per share basis. Kirkland Lake Gold employs 1,729 workers across the globe. What is Kirkland Lake Gold's official website? The official website for Kirkland Lake Gold is www.klgold.com. How can I contact Kirkland Lake Gold? 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] This page was last updated on 7/4/2020 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. 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