NYSE:NEM Newmont (NEM) Stock Price, News & Analysis $46.73 +1.03 (+2.25%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$46.13▼$47.1750-Day Range$40.36▼$48.3252-Week Range$29.42▼$48.97Volume7.89 million shsAverage Volume11.32 million shsMarket Capitalization$53.89 billionP/E RatioN/ADividend Yield2.14%Price Target$50.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Newmont alerts: Email Address Newmont MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside7.0% Upside$50.00 Price TargetShort InterestHealthy1.51% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-6.71Upright™ Environmental ScoreNews Sentiment0.81Based on 27 Articles This WeekInsider TradingSelling Shares$547,690 Sold Last QuarterProj. Earnings Growth25.38%From $2.64 to $3.31 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.35 out of 5 starsBasic Materials Sector38th out of 175 stocksGold & Silver Ores Industry6th out of 40 stocks 2.4 Analyst's Opinion Consensus RatingNewmont has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 8 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageNewmont has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Newmont's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.51% of the float of Newmont has been sold short.Short Interest Ratio / Days to CoverNewmont has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Newmont has recently increased by 1.64%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldNewmont pays a meaningful dividend of 2.10%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNewmont does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Newmont will have a dividend payout ratio of 30.21% next year. This indicates that Newmont will be able to sustain or increase its dividend.Read more about Newmont's dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNewmont has received a -117.96% net impact score from Upright. The largest negative impact of Newmont Mining in category "GHG emissions" seems to be driven mostly by its "Construction of mine infrastructure", "Copper", and "Mining process engineering" products. See details.Environmental SustainabilityThe Environmental Impact score for Newmont is -6.71. Previous Next 3.8 News and Social Media Coverage News SentimentNewmont has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.33 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 27 news articles for Newmont this week, compared to 12 articles on an average week.Search Interest51 people have searched for NEM on MarketBeat in the last 30 days. This is an increase of 65% compared to the previous 30 days.MarketBeat Follows29 people have added Newmont to their MarketBeat watchlist in the last 30 days. This is an increase of 26% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Newmont insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $547,690.00 in company stock.Percentage Held by InsidersOnly 0.06% of the stock of Newmont is held by insiders.Percentage Held by Institutions68.85% of the stock of Newmont is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Newmont's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Newmont are expected to grow by 25.38% in the coming year, from $2.64 to $3.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Newmont is -17.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Newmont is -17.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioNewmont has a PEG Ratio of 0.38. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNewmont has a P/B Ratio of 1.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Newmont's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressNew trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.Just follow this link here! About Newmont Stock (NYSE:NEM)Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana. The company was founded in 1916 and is headquartered in Denver, Colorado.Read More NEM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NEM Stock News HeadlinesJuly 4, 2024 | insidertrades.comNewmont Co. (NYSE:NEM) CEO Thomas Ronald Palmer Sells 13,000 SharesJuly 25 at 5:33 PM | seekingalpha.comNewmont Corporation (NEM) Q2 2024 Earnings Call TranscriptJuly 26, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)Everyone’s talking about this new income hack that could generate triple digit returns on your money. But here’s the best part…July 25 at 2:47 PM | 247wallst.comGold Hits All-Time Highs and 5 Dividend Stocks Earnings Could ExplodeJuly 25 at 12:33 PM | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Newmont Mining (NEM) and Teck Resources (TECK)July 25 at 1:22 AM | markets.businessinsider.comNewmont Corporation Q2 Profit Increases, Beats EstimatesJuly 25 at 1:22 AM | msn.comNewmont share price higher as cash flow jumps 113% in Q2July 24 at 5:12 AM | americanbankingnews.comBrokerages Set Newmont Co. (NYSE:NEM) Price Target at $50.21July 26, 2024 | Awesomely, LLC (Ad)Automatic Income (from home)Everyone’s talking about this new income hack that could generate triple digit returns on your money. But here’s the best part…July 23 at 5:33 PM | msn.comNewmont Q2 preview: Divestment plan in focus as earnings expected to riseJuly 23 at 10:30 AM | investorplace.com3 Stocks to Buy for Potential 50% Upside as Gold Trades Near $2,500 an OunceJuly 23 at 9:41 AM | seekingalpha.comLet's Preview Newmont's Q2 EarningsJuly 22, 2024 | americanbankingnews.comNewmont (NEM) Set to Announce Earnings on WednesdayJuly 20, 2024 | msn.comNewmont Corporation (NEM): Are Wall Street Analysts Bullish on This Gold Stock Now?July 19, 2024 | finance.yahoo.comQ1 Results Lifted Newmont Corporation (NEM) Stock Price HigherJuly 19, 2024 | msn.comNewmont Corporation (NEM): Is this Materials Stock a Strong Buy Right Now?July 19, 2024 | americanbankingnews.comNewmont (NYSE:NEM) Hits New 1-Year High at $48.94July 19, 2024 | americanbankingnews.comFY2025 EPS Estimates for Newmont Co. (NYSE:NEM) Lifted by National Bank FinancialSee More Headlines Receive NEM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Newmont and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/27 Dividend6/04/2024Dividend Payable6/27/2024Last Earnings7/24/2024Today7/26/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Gold & silver ores Sub-IndustryGold Current SymbolNYSE:NEM CUSIP65163910 CIK1164727 Webwww.newmontgoldcorp.com Phone(303) 863-7414Fax303-837-5837Employees21,700Year Founded1921Price Target and Rating Average Stock Price Target$50.00 High Stock Price Target$61.00 Low Stock Price Target$40.00 Potential Upside/Downside+6.8%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)($2.67) Trailing P/E RatioN/A Forward P/E Ratio17.73 P/E Growth0.38Net Income$-2,494,000,000.00 Net Margins-13.16% Pretax Margin-16.28% Return on Equity8.65% Return on Assets4.50% Debt Debt-to-Equity Ratio0.32 Current Ratio2.15 Quick Ratio1.90 Sales & Book Value Annual Sales$11.81 billion Price / Sales4.57 Cash Flow$2.95 per share Price / Cash Flow15.85 Book Value$25.35 per share Price / Book1.85Miscellaneous Outstanding Shares1,153,140,000Free Float1,152,448,000Market Cap$53.98 billion OptionableOptionable Beta0.47 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Thomas Ronald Palmer (Age 56)President, CEO & Director Comp: $2.2MMr. Robert D. Atkinson (Age 53)Executive VP & COO Comp: $1.18MMr. Peter Ivan Toth BBus (IB) (Age 54)MIB, Executive VP & Chief Development Officer Comp: $982.33kMr. Joshua L. Cage (Age 49)Acting VP, Chief Accounting Officer & Controller Mr. Dean R. Gehring (Age 55)Executive VP, Chief Integration Officer & CTO Neil BackhouseGroup Head of Investor RelationsMr. Peter Wexler J.D.Executive VP & Chief Legal OfficerMs. Jennifer Cmil (Age 53)Executive VP & Chief People Officer Mr. Alwyn Pretorius (Age 53)Managing Director of Papua New Guinea Ms. Suzanne Retallack (Age 47)Executive VP, Chief Safety & Sustainability Officer and Executive of Australia More ExecutivesKey CompetitorsRoyal GoldNASDAQ:RGLDAgnico Eagle MinesNYSE:AEMBarrick GoldNYSE:GOLDWheaton Precious MetalsNYSE:WPMFranco-NevadaNYSE:FNVView All CompetitorsInsiders & InstitutionsCambridge Investment Research Advisors Inc.Bought 3,510 shares on 7/26/2024Ownership: 0.015%Klein Pavlis & Peasley Financial Inc.Bought 3,026 shares on 7/26/2024Ownership: 0.007%Patten Group Inc.Bought 692 shares on 7/26/2024Ownership: 0.004%Atomi Financial Group Inc.Bought 836 shares on 7/26/2024Ownership: 0.001%Checchi Capital Advisers LLCBought 763 shares on 7/26/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy Newmont Stock? NEM Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Newmont Co.: Newmont Corporation engages in the production and exploration of gold, which is a valuable commodity often seen as a safe haven during economic uncertainties. The company has operations in multiple countries, providing geographic diversification which can help mitigate risks associated with political instability or economic downturns in a single region. Newmont Co. explores for copper, silver, zinc, and lead in addition to gold, diversifying its revenue streams and potentially increasing profitability. Recent developments in the company's operations and assets indicate a strong growth trajectory, which could lead to increased stock prices and potential returns for investors. Current stock price of Newmont Co. is favorable for investors looking to enter the market at a relatively low price point. Cons Investors should be bearish about investing in Newmont Co. for these reasons: Nemetschek SE, a different company, provides software solutions for architecture, engineering, construction, media, and entertainment markets, which may not align with the investment goals of those interested in Newmont Co. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 30, 2024. Please send any questions or comments about these Newmont pros and cons to contact@marketbeat.com. NEM Stock Analysis - Frequently Asked Questions How have NEM shares performed this year? Newmont's stock was trading at $41.39 on January 1st, 2024. Since then, NEM stock has increased by 12.9% and is now trading at $46.73. View the best growth stocks for 2024 here. How were Newmont's earnings last quarter? Newmont Co. (NYSE:NEM) issued its quarterly earnings data on Wednesday, July, 24th. The basic materials company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.62 by $0.10. Newmont's revenue was up 64.1% on a year-over-year basis. What is Tom Palmer's approval rating as Newmont's CEO? 15 employees have rated Newmont Chief Executive Officer Tom Palmer on Glassdoor.com. Tom Palmer has an approval rating of 97% among the company's employees. This puts Tom Palmer in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Does Newmont have any subsidiaries? Newmont subsidiaries include these companies: AC40689 Limited, Administradora de Negocios Mineros S.A. de C.V., Australian Capital Territory, Battle Mountain Resources Inc., Cayman Pampas Ltd., Con Exploration Ltd., Datawave Sciences Inc., and others. Who are Newmont's major shareholders? Top institutional shareholders of Newmont include Bank of New York Mellon Corp (2.01%), Maj Invest Holding A S (0.30%), Sumitomo Mitsui Trust Holdings Inc. (0.27%) and Ninety One UK Ltd (0.22%). Insiders that own company stock include Thomas Ronald Palmer, Stephen P Gottesfeld, Robert D Atkinson, Nancy Buese, Mark David Ebel, Mark Casper, Jennifer Cmil, Dean Gehring, Blake Rhodes and Nancy Lipson. View institutional ownership trends. How do I buy shares of Newmont? Shares of NEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Newmont own? Based on aggregate information from My MarketBeat watchlists, some other companies that Newmont investors own include NVIDIA (NVDA), Cisco Systems (CSCO), Barrick Gold (GOLD), Intel (INTC), Micron Technology (MU), Advanced Micro Devices (AMD) and AT&T (T). This page (NYSE:NEM) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. 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