Newmont Mining Corporation Company Profile (NYSE:NEM)

About Newmont Mining Corporation (NYSE:NEM)

Newmont Mining Corporation logoNewmont Mining Corporation is a mining company, which is focused on the production of and exploration for gold and copper. The Company is primarily a gold producer with operations and/or assets in the United States, Australia, Peru, Ghana and Suriname. The Company's segments include North America, South America, Asia Pacific and Africa. The Company's North America segment consists primarily of Carlin, Phoenix, Twin Creeks and Long Canyon in the state of Nevada, and Cripple Creek &Victor (CC&V) in the state of Colorado, in the United States. The Company's South America segment consists primarily of Yanacocha in Peru and Merian in Suriname. The Company's Asia Pacific segment consists primarily of Boddington, Tanami and Kalgoorlie in Australia. The Company's Africa segment consists primarily of Ahafo and Akyem in Ghana. As of December 31, 2016, it had gold reserves of 68.5 million ounces and an aggregate land position of approximately 23,000 square miles (59,000 square kilometers).

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Gold Mining
  • Sub-Industry: Gold
  • Symbol: NYSE:NEM
  • CUSIP: 65163910
  • Web: www.newmont.com
Capitalization:
  • Market Cap: $19.93 billion
  • Outstanding Shares: 533,271,000
Average Prices:
  • 50 Day Moving Avg: $38.12
  • 200 Day Moving Avg: $35.34
  • 52 Week Range: $30.19 - $39.62
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 27.89
  • P/E Growth: 8.82
Sales & Book Value:
  • Annual Revenue: $7.11 billion
  • Price / Sales: 2.80
  • Book Value: $20.49 per share
  • Price / Book: 1.82
Dividend:
  • Annual Dividend: $0.30
  • Dividend Yield: 0.8%
Profitability:
  • EBITDA: $2.76 billion
  • Net Margins: -6.73%
  • Return on Equity: 6.67%
  • Return on Assets: 3.82%
Debt:
  • Debt-to-Equity Ratio: 0.34%
  • Current Ratio: 3.24%
  • Quick Ratio: 2.82%
Misc:
  • Average Volume: 4.65 million shs.
  • Beta: 0.14
  • Short Ratio: 1.56
 

Frequently Asked Questions for Newmont Mining Corporation (NYSE:NEM)

What is Newmont Mining Corporation's stock symbol?

Newmont Mining Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEM."

How often does Newmont Mining Corporation pay dividends? What is the dividend yield for Newmont Mining Corporation?

Newmont Mining Corporation announced a quarterly dividend on Wednesday, July 19th. Stockholders of record on Thursday, September 14th will be paid a dividend of $0.075 per share on Thursday, September 28th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date is Wednesday, September 13th. This is a positive change from Newmont Mining Corporation's previous quarterly dividend of $0.05. View Newmont Mining Corporation's Dividend History.

How were Newmont Mining Corporation's earnings last quarter?

Newmont Mining Corporation (NYSE:NEM) issued its quarterly earnings data on Tuesday, July, 25th. The company reported $0.46 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.26 by $0.20. The firm had revenue of $1.88 billion for the quarter, compared to analysts' expectations of $1.77 billion. Newmont Mining Corporation had a positive return on equity of 6.67% and a negative net margin of 6.73%. The company's quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.44 EPS. View Newmont Mining Corporation's Earnings History.

When will Newmont Mining Corporation make its next earnings announcement?

Newmont Mining Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Newmont Mining Corporation.

Where is Newmont Mining Corporation's stock going? Where will Newmont Mining Corporation's stock price be in 2017?

17 analysts have issued 12 month price objectives for Newmont Mining Corporation's shares. Their predictions range from $16.05 to $55.00. On average, they anticipate Newmont Mining Corporation's share price to reach $40.43 in the next twelve months. View Analyst Ratings for Newmont Mining Corporation.

What are analysts saying about Newmont Mining Corporation stock?

Here are some recent quotes from research analysts about Newmont Mining Corporation stock:

  • 1. According to Zacks Investment Research, "Newmont’s shares have outperformed the industry it belongs to in the past three months. Newmont continues to invest in growth projects that are expected to boost its production performance. It also remains committed to de-lever its balance sheet. Moreover, the acquisition of CC&V represents a significant opportunity for the company.  Improved operational efficiency is also allowing it to generate positive free cash flow.  " (10/18/2017)
  • 2. TD Securities analysts commented, "We project that Newmont will generate ~$1 billion in FCF in 2017." (4/25/2017)

Who are some of Newmont Mining Corporation's key competitors?

Who are Newmont Mining Corporation's key executives?

Newmont Mining Corporation's management team includes the folowing people:

  • Noreen Doyle, Independent Chairman of the Board
  • Gary J. Goldberg, President, Chief Executive Officer, Director
  • Nancy K. Buese, Chief Financial Officer, Executive Vice President
  • Thomas Ronald Palmer, Chief Operating Officer, Executive Vice President
  • Scott P. Lawson, Executive Vice President, Chief Technology Officer
  • Stephen P. Gottesfeld, Executive Vice President, General Counsel
  • William N. MacGowan, Executive Vice President - Human Resources
  • Elaine Dorward-King, Executive Vice President - Sustainability & External Relations
  • E. Randall Engel, Executive Vice President - Strategic Development
  • John Kitlen, Chief Accounting Officer, Vice President, Controller

Who owns Newmont Mining Corporation stock?

Newmont Mining Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.96%), Strs Ohio (0.35%), Assenagon Asset Management S.A. (0.22%), Shell Asset Management Co. (0.15%), Nationwide Fund Advisors (0.07%) and Inverness Counsel LLC NY (0.05%). Company insiders that own Newmont Mining Corporation stock include E Randall Engel, Elaine J Dorward-King, Gary J Goldberg, Scott P Lawson, Stephen P Gottesfeld, Thomas Ronald Palmer and William N Macgowan. View Institutional Ownership Trends for Newmont Mining Corporation.

Who sold Newmont Mining Corporation stock? Who is selling Newmont Mining Corporation stock?

Newmont Mining Corporation's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Strs Ohio, Foster & Motley Inc., State Treasurer State of Michigan and Neville Rodie & Shaw Inc.. Company insiders that have sold Newmont Mining Corporation stock in the last year include E Randall Engel, Elaine J Dorward-King, Gary J Goldberg, Scott P Lawson, Thomas Ronald Palmer and William N Macgowan. View Insider Buying and Selling for Newmont Mining Corporation.

Who bought Newmont Mining Corporation stock? Who is buying Newmont Mining Corporation stock?

Newmont Mining Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Shell Asset Management Co., Inverness Counsel LLC NY, Personal Capital Advisors Corp, Deane Retirement Strategies Inc., Robeco Institutional Asset Management B.V., Nationwide Fund Advisors and Oxbow Advisors LLC. View Insider Buying and Selling for Newmont Mining Corporation.

How do I buy Newmont Mining Corporation stock?

Shares of Newmont Mining Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Newmont Mining Corporation's stock price today?

One share of Newmont Mining Corporation stock can currently be purchased for approximately $37.37.


MarketBeat Community Rating for Newmont Mining Corporation (NYSE NEM)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  444 (Vote Outperform)
Underperform Votes:  675 (Vote Underperform)
Total Votes:  1,119
MarketBeat's community ratings are surveys of what our community members think about Newmont Mining Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Newmont Mining Corporation (NYSE:NEM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 11 Buy Ratings
Consensus Rating:Buy (Score: 2.59)
Consensus Price Target: $40.43 (8.19% upside)
Consensus Price Target History for Newmont Mining Corporation (NYSE:NEM)
Price Target History for Newmont Mining Corporation (NYSE:NEM)
Analysts' Ratings History for Newmont Mining Corporation (NYSE:NEM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017TD SecuritiesSet Price TargetHold$42.00N/AView Rating Details
8/28/2017Royal Bank Of CanadaSet Price TargetHold$41.00HighView Rating Details
8/23/2017BMO Capital MarketsSet Price TargetBuy$40.00LowView Rating Details
7/27/2017ArgusUpgradeHold -> Buy$43.00HighView Rating Details
7/26/2017ScotiabankBoost Price TargetOutperform$43.50 -> $55.00MediumView Rating Details
7/18/2017Credit Suisse GroupSet Price TargetBuy$45.00LowView Rating Details
7/14/2017Jefferies Group LLCReiterated RatingHold$37.00 -> $35.00LowView Rating Details
6/25/2017Deutsche Bank AGReiterated RatingBuy$44.00 -> $42.00LowView Rating Details
6/15/2017Raymond James Financial, Inc.Initiated CoverageOutperform$43.00MediumView Rating Details
3/21/2017Clarkson CapitalDowngradeNeutral -> SellMediumView Rating Details
3/6/2017Barclays PLCLower Price TargetOverweight$41.00 -> $40.00N/AView Rating Details
2/23/2017FBR & CoReiterated RatingHoldN/AView Rating Details
12/29/2016Standpoint ResearchUpgradeHold -> Buy$42.00N/AView Rating Details
12/5/2016Citigroup Inc.DowngradeBuy -> Neutral$16.05N/AView Rating Details
11/28/2016Bank of America CorporationUpgradeNeutral -> BuyN/AView Rating Details
11/3/2016J P Morgan Chase & CoUpgradeNeutral -> Overweight$43.00N/AView Rating Details
10/31/2016MackieUpgradeHold -> BuyN/AView Rating Details
8/16/2016Morgan StanleyReiterated RatingHold$41.00N/AView Rating Details
7/7/2016HSBC Holdings plcReiterated RatingBuyN/AView Rating Details
6/27/2016Goldman Sachs Group, Inc. (The)Reiterated RatingBuyN/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
4/8/2016CIBCBoost Price Target$28.50 -> $34.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Newmont Mining Corporation (NYSE:NEM)
Earnings by Quarter for Newmont Mining Corporation (NYSE:NEM)
Earnings History by Quarter for Newmont Mining Corporation (NYSE NEM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.30N/AView Earnings Details
7/25/2017Q2 2017$0.26$0.46$1.77 billion$1.88 billionViewN/AView Earnings Details
4/24/2017Q1 2017$0.22$0.25$1.73 billion$1.66 billionViewN/AView Earnings Details
2/21/2017Q416$0.31$0.25$1.84 billion$1.79 billionViewN/AView Earnings Details
10/26/2016Q316$0.50$0.38$2.02 billion$2.04 billionViewN/AView Earnings Details
7/20/2016Q216$0.30$0.44$1.94 billion$2.00 billionViewN/AView Earnings Details
4/20/2016Q116$0.20$0.34$1.86 billion$2.03 billionViewN/AView Earnings Details
2/17/2016Q415$0.12$0.04$1.85 billion$1.82 billionViewListenView Earnings Details
10/28/2015Q315$0.17$0.23$1.93 million$2.03 billionViewListenView Earnings Details
7/22/2015Q215$0.25$0.26$2.00 billion$1.91 billionViewListenView Earnings Details
4/23/2015Q115$0.23$0.46$1.95 billion$1.97 billionViewN/AView Earnings Details
2/19/2015Q414$0.11$0.17$1.79 billion$2.02 billionViewN/AView Earnings Details
10/30/2014Q314$0.18$0.50$1.70 billion$1.70 billionViewN/AView Earnings Details
7/29/2014Q214$0.19$0.20$1.84 billion$1.77 billionViewN/AView Earnings Details
4/24/2014Q114$0.19$0.22$1.85 billion$1.76 billionViewN/AView Earnings Details
2/20/2014Q413$0.44$0.81$2.19 billionViewN/AView Earnings Details
10/31/2013Q313$0.32$0.46$2.00 billion$1.98 billionViewN/AView Earnings Details
4/29/2013Q1 2013$0.79$0.71$2.48 billion$2.18 billionViewN/AView Earnings Details
2/21/2013Q4 2012$0.97$1.11$2.67 billionViewN/AView Earnings Details
11/1/2012Q312$0.93$0.86$2.62 billion$2.48 billionViewN/AView Earnings Details
7/26/2012$0.97$0.59ViewN/AView Earnings Details
2/23/2012$1.27$1.17ViewN/AView Earnings Details
10/27/2011$1.23$1.29ViewN/AView Earnings Details
7/29/2011$0.99$0.90ViewN/AView Earnings Details
4/21/2011$0.99$1.04ViewN/AView Earnings Details
2/24/2011$1.14$1.16ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Newmont Mining Corporation (NYSE:NEM)
2017 EPS Consensus Estimate: $1.05
2018 EPS Consensus Estimate: $0.87
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.21$0.30$0.26
Q2 20171$0.23$0.23$0.23
Q3 20171$0.28$0.28$0.28
Q4 20171$0.28$0.28$0.28
Q1 20181$0.21$0.21$0.21
Q2 20181$0.22$0.22$0.22
Q3 20181$0.22$0.22$0.22
Q4 20181$0.22$0.22$0.22
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Newmont Mining Corporation (NYSE:NEM)
Most Recent Dividend:9/28/2017
Annual Dividend:$0.30
Dividend Yield:0.80%
Dividend Growth:-53.30% (3 Year Average)
Payout Ratio:-33.33% (Trailing 12 Months of Earnings)
21.13% (Based on This Year's Estimates)
22.39% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Newmont Mining Corporation (NYSE:NEM)

Dividend History by Quarter for Newmont Mining Corporation (NYSE NEM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/19/2017quarterly$0.080.88%9/13/20179/14/20179/28/2017
4/19/2017quarterly$0.050.59%6/6/20176/8/20176/22/2017
2/16/2017quarterly$0.050.54%3/7/20173/9/20173/23/2017
10/26/2016quarterly$0.050.57%12/6/201612/8/201612/29/2016
7/20/2016quarterly$0.030.25%9/13/20169/15/20169/29/2016
4/19/2016quarterly$0.030.33%6/7/20166/9/20166/23/2016
2/11/2016quarterly$0.030.41%3/8/20163/10/20163/24/2016
10/27/2015quarterly$0.0312/9/201512/11/201512/28/2015
7/21/2015quarterly$0.030.54%9/8/20159/10/20159/24/2015
4/21/2015quarterly$0.030.44%6/9/20156/11/20156/25/2015
2/18/2015quarterly$0.030.4%3/10/20153/12/20153/26/2015
2/16/2015quarterly$0.033/12/20153/19/2015
10/29/2014quarterly$0.030.49%10/1/201412/5/201412/26/2014
7/22/2014quarterly$0.030.4%9/9/20149/11/20149/26/2014
4/23/2014quarterly$0.036/10/20146/12/20146/26/2014
2/19/2014quarterly$0.152.45%3/11/20143/13/20143/27/2014
10/30/2013$0.1912/3/201312/5/201312/27/2013
10/30/2013quarterly$0.202.93%12/3/201312/5/201312/27/2013
7/25/2013quarterly$0.253.29%9/3/20139/5/20139/27/2013
4/24/2013quarterly$0.354.08%6/10/20136/12/20136/27/2013
2/20/2013quarterly$0.434.19%3/11/20133/13/20133/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Newmont Mining Corporation (NYSE:NEM)
Insider Ownership Percentage: 0.32%
Institutional Ownership Percentage: 81.06%
Insider Trades by Quarter for Newmont Mining Corporation (NYSE:NEM)
Institutional Ownership by Quarter for Newmont Mining Corporation (NYSE:NEM)
Insider Trades by Quarter for Newmont Mining Corporation (NYSE:NEM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/2/2017Gary J GoldbergInsiderSell1,000$37.35$37,350.00View SEC Filing  
10/2/2017Thomas Ronald PalmerCOOSell1,250$37.35$46,687.50View SEC Filing  
9/25/2017Scott P LawsonEVPSell5,000$37.85$189,250.00View SEC Filing  
9/20/2017Elaine J Dorward-KingEVPSell10,250$38.27$392,267.50View SEC Filing  
9/1/2017Gary J GoldbergInsiderSell1,000$38.60$38,600.00View SEC Filing  
9/1/2017Thomas Ronald PalmerCOOSell1,250$38.60$48,250.00View SEC Filing  
8/1/2017E Randall EngelEVPSell5,700$37.11$211,527.00View SEC Filing  
8/1/2017Gary J GoldbergInsiderSell1,000$37.11$37,110.00View SEC Filing  
8/1/2017Thomas Ronald PalmerCOOSell1,250$37.11$46,387.50View SEC Filing  
7/28/2017William N MacgowanEVPSell2,007$36.59$73,436.13View SEC Filing  
7/3/2017Gary J GoldbergInsiderSell1,000$31.80$31,800.00View SEC Filing  
7/3/2017Thomas Ronald PalmerCOOSell1,250$31.80$39,750.00View SEC Filing  
6/20/2017Scott P LawsonEVPSell5,000$32.79$163,950.00View SEC Filing  
6/6/2017E Randall EngelEVPSell5,700$35.00$199,500.00View SEC Filing  
5/1/2017Gary J GoldbergInsiderSell1,000$33.67$33,670.00View SEC Filing  
4/25/2017Scott P LawsonEVPSell1,500$33.70$50,550.00View SEC Filing  
4/3/2017Gary J GoldbergInsiderSell1,000$33.05$33,050.00View SEC Filing  
2/28/2017E Randall EngelEVPSell12,720$34.22$435,278.40View SEC Filing  
2/27/2017E Randall EngelEVPSell2,356$35.82$84,391.92View SEC Filing  
2/24/2017William N MacgowanEVPSell2,006$36.31$72,837.86View SEC Filing  
2/23/2017E Randall EngelEVPSell675$36.54$24,664.50View SEC Filing  
1/31/2017Scott P LawsonEVPSell1,500$35.83$53,745.00View SEC Filing  
11/1/2016William N MacgowanEVPSell2,006$37.53$75,285.18View SEC Filing  
10/25/2016Scott P LawsonEVPSell1,500$35.99$53,985.00View SEC Filing  
8/4/2016William N MacgowanEVPSell8,135$44.95$365,668.25View SEC Filing  
7/28/2016E Randall EngelEVPSell8,700$42.55$370,185.00View SEC Filing  
7/27/2016Stephen P GottesfeldEVPSell10,000$41.59$415,900.00View SEC Filing  
7/26/2016Scott P LawsonEVPSell4,700$40.35$189,645.00View SEC Filing  
3/2/2015Stephen P GottesfeldEVPSell1,857$25.75$47,817.75View SEC Filing  
3/2/2015Thomas P MahoneyVPSell442$25.73$11,372.66View SEC Filing  
2/27/2015Christopher S HowsonVPSell1,956$26.19$51,227.64View SEC Filing  
2/27/2015E Randall EngelEVPSell2,892$26.17$75,683.64View SEC Filing  
11/4/2014Gary J GoldbergCEOBuy5,000$18.80$94,000.00View SEC Filing  
3/26/2014Chris RobisonEVPBuy4,494$23.57$105,923.58View SEC Filing  
3/3/2014E Randall EngelEVPSell3,826$24.07$92,091.82View SEC Filing  
2/27/2014Gary GoldbergCEOSell6,842$23.67$161,950.14View SEC Filing  
2/27/2014Thomas MahoneyVPSell1,321$23.57$31,135.97View SEC Filing  
12/5/2013Gary GoldbergCEOSell3,906$23.31$91,048.86View SEC Filing  
5/2/2013Gary J GoldbergCEOBuy3,000$32.81$98,430.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Newmont Mining Corporation (NYSE:NEM)
Latest Headlines for Newmont Mining Corporation (NYSE:NEM)
Source:
Loading headlines, please wait.

Social

Chart

Newmont Mining Corporation (NEM) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.