NYSE:KL - Kirkland Lake Gold Stock Price, Forecast & News

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

Kirkland Lake Gold declared a quarterly dividend on Wednesday, December 18th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.06 per share on Monday, January 13th. This represents a $0.24 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Monday, December 30th. This is a positive change from Kirkland Lake Gold's previous quarterly dividend of $0.03. View Kirkland Lake Gold's Dividend History.

Kirkland Lake Gold Ltd (NYSE:KL) issued its quarterly earnings data on Wednesday, February, 19th. The company reported $0.88 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.89 by $0.01. The firm had revenue of $412.38 million for the quarter, compared to analyst estimates of $414.47 million. Kirkland Lake Gold had a net margin of 40.59% and a return on equity of 36.90%. View Kirkland Lake Gold's Earnings History.

Kirkland Lake Gold is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Kirkland Lake Gold.

9 equities research analysts have issued 1 year price targets for Kirkland Lake Gold's shares. Their forecasts range from $37.00 to $72.00. On average, they expect Kirkland Lake Gold's share price to reach $55.56 in the next year. This suggests a possible upside of 64.4% from the stock's current price. View Analyst Price Targets for Kirkland Lake Gold.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kirkland Lake Gold in the last year. There are currently 9 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kirkland Lake Gold.

Headlines about KL stock have trended negative on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Kirkland Lake Gold earned a media sentiment score of -2.7 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Kirkland Lake Gold.

Kirkland Lake Gold saw a increase in short interest in the month of February. As of February 14th, there was short interest totalling 5,990,000 shares, an increase of 17.0% from the January 30th total of 5,120,000 shares. Based on an average daily volume of 1,660,000 shares, the days-to-cover ratio is presently 3.6 days. Currently, 3.1% of the shares of the stock are sold short. View Kirkland Lake Gold's Current Options Chain.

Some companies that are related to Kirkland Lake Gold include Franco Nevada (FNV), Wheaton Precious Metals (WPM), Agnico Eagle Mines (AEM), AngloGold Ashanti (AU), Sibanye Gold (SBGL), Kinross Gold (KGC), Gold Fields (GFI), Pan American Silver (PAAS), Yamana Gold (AUY), Alamos Gold (AGI), Harmony Gold Mining (HMY), First Majestic Silver (AG), Eldorado Gold (EGO), Iamgold (IAG) and Osisko gold royalties (OR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Kirkland Lake Gold investors own include NVIDIA (NVDA), Alibaba Group (BABA), Cronos Group (CRON), Square (SQ), Walt Disney (DIS), Mastercard (MA), Fortinet (FTNT), Paypal (PYPL), Canopy Growth (CGC) and Advanced Micro Devices (AMD).

Kirkland Lake Gold's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (7.07%), FMR LLC (6.87%), Connor Clark & Lunn Investment Management Ltd. (1.27%), Alberta Investment Management Corp (1.25%), Renaissance Technologies LLC (1.19%) and Credit Suisse AG (0.74%).

KL stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Connor Clark & Lunn Investment Management Ltd., Scout Investments Inc., Goldman Sachs Group Inc., 1832 Asset Management L.P., Toronto Dominion Bank, Hexavest Inc. and Spark Investment Management LLC.

KL stock was purchased by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Guardian Capital LP, TIG Advisors LLC, Renaissance Technologies LLC, Segantii Capital Management Ltd, Alberta Investment Management Corp, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and Amundi Pioneer Asset Management Inc..

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.

One share of KL stock can currently be purchased for approximately $33.79.

Kirkland Lake Gold has a market capitalization of $7.08 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.View Additional Information About Kirkland Lake Gold.

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

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]