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 announced a quarterly dividend on Wednesday, December 18th. Investors 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 yield of 0.64%. The ex-dividend date of this dividend is Monday, December 30th. This is an increase from Kirkland Lake Gold's previous quarterly dividend of $0.03. View Kirkland Lake Gold's Dividend History.

Kirkland Lake Gold Ltd (NYSE:KL) posted its quarterly earnings results on Wednesday, November, 6th. The company reported $0.84 earnings per share for the quarter, beating analysts' consensus estimates of $0.76 by $0.08. The business earned $381.43 million during the quarter, compared to analyst estimates of $375.14 million. Kirkland Lake Gold had a return on equity of 35.18% and a net margin of 39.86%. The business's revenue was up 71.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.29 earnings per share. View Kirkland Lake Gold's Earnings History.

Kirkland Lake Gold is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Kirkland Lake Gold.

11 analysts have issued twelve-month price targets for Kirkland Lake Gold's shares. Their forecasts range from $47.00 to $72.00. On average, they anticipate Kirkland Lake Gold's share price to reach $57.44 in the next twelve months. This suggests a possible upside of 52.1% from the stock's current price. View Analyst Price Targets for Kirkland Lake Gold.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kirkland Lake Gold in the last year. There are currently 11 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kirkland Lake Gold.

Media stories about KL stock have trended somewhat negative recently, InfoTrie reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kirkland Lake Gold earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Kirkland Lake Gold.

Kirkland Lake Gold saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 5,120,000 shares, a drop of 13.5% from the January 15th total of 5,920,000 shares. Based on an average daily trading volume, of 1,480,000 shares, the short-interest ratio is presently 3.5 days. Currently, 2.6% of the shares of the stock are short sold. 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), First Majestic Silver (AG), Harmony Gold Mining (HMY), Osisko gold royalties (OR), Coeur Mining (CDE) and Iamgold (IAG).

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

Kirkland Lake Gold's stock is owned by a variety of of retail and institutional 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., Toronto Dominion Bank, Hexavest Inc., Spark Investment Management LLC and Janus Henderson Group PLC.

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 $37.76.

Kirkland Lake Gold has a market capitalization of $7.92 billion and generates $915.91 million in revenue each year. The company earns $273.94 million in net income (profit) each year or $1.36 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]