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 saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 2,350,000 shares, a decline of 24.4% from the May 31st total of 3,110,000 shares. Based on an average trading volume of 1,740,000 shares, the short-interest ratio is presently 1.4 days. Currently, 0.9% of the company's stock are short sold.
View Kirkland Lake Gold's Short Interest.

Kirkland Lake Gold is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Kirkland Lake Gold.

Kirkland Lake Gold Ltd. (NYSE:KL) issued its quarterly earnings results on Wednesday, July, 28th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.85 by $0.07. Kirkland Lake Gold had a trailing twelve-month return on equity of 18.41% and a net margin of 33.08%.
View Kirkland Lake Gold's earnings history.

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 41.0% and is now trading at $42.74.
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Kirkland Lake Gold announced a quarterly dividend on Saturday, June 19th. Stockholders of record on Wednesday, June 30th will be paid a dividend of $0.1875 per share on Wednesday, July 14th. This represents a $0.75 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date is Tuesday, June 29th. This is an increase from Kirkland Lake Gold's previous quarterly dividend of $0.02.
View Kirkland Lake Gold's dividend history.

Kirkland Lake Gold pays an annual dividend of $0.31 per share and currently has a dividend yield of 0.73%. 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 9.09%. 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 9.66% 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 equities research analysts have issued twelve-month price objectives for Kirkland Lake Gold's shares. Their forecasts range from $55.00 to $85.00. On average, they anticipate Kirkland Lake Gold's stock price to reach $68.00 in the next twelve months. This suggests a possible upside of 59.1% from the stock's current price.
View analysts' price targets for Kirkland Lake Gold or view top-rated stocks among Wall Street analysts.

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), AngloGold Ashanti (AU), Kinross Gold (KGC), 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 many different retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.35%), DORCHESTER WEALTH MANAGEMENT Co (0.05%), Alliancebernstein L.P. (0.02%), Confluence Investment Management LLC (0.01%), Camelot Portfolios LLC (0.01%) and First Interstate Bank (0.00%).

KL stock was sold by a variety of institutional investors in the last quarter, including Clean Yield Group, Alliancebernstein L.P., Salvus Wealth Management LLC, and LaFleur & Godfrey LLC.

KL stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Camelot Portfolios LLC, First Interstate Bank, DORCHESTER WEALTH MANAGEMENT Co, Tectonic Advisors LLC, and Confluence Investment Management LLC.

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 $42.74.

Kirkland Lake Gold has a market capitalization of $11.36 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]