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NYSE:NEM - Newmont Goldcorp Stock Price, Forecast & News

$46.17
+0.59 (+1.29 %)
(As of 02/20/2020 06:00 AM ET)
Today's Range
$45.60
Now: $46.17
$46.42
50-Day Range
$41.66
MA: $43.78
$45.59
52-Week Range
$29.77
Now: $46.17
$46.42
Volume8.02 million shs
Average Volume6.72 million shs
Market Capitalization$37.85 billion
P/E Ratio16.61
Dividend Yield1.23%
Beta0.16
Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company primarily acquires, develops, explores for, and produces gold, copper, and silver. Its operations and/or assets are located in the United States, Australia, Peru, Ghana, and Suriname. As of December 31, 2018, the company had proven and probable gold reserves of 65.4 million ounces and an aggregate land position of approximately 24,000 square miles. Read More…

Industry, Sector and Symbol

Industry Gold & silver ores
Sub-IndustryGold
SectorBasic Materials
CUSIP65163910
Phone303-863-7414

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.25 billion
Cash Flow$3.80 per share
Book Value$21.52 per share

Profitability

Net Income$341 million

Miscellaneous

Employees12,400
Market Cap$37.85 billion
Next Earnings Date2/20/2020 (Confirmed)
OptionableOptionable

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Newmont Goldcorp (NYSE:NEM) Frequently Asked Questions

What is Newmont Goldcorp's stock symbol?

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

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

Newmont Goldcorp announced a quarterly dividend on Tuesday, February 18th. Stockholders of record on Thursday, March 5th will be paid a dividend of $0.14 per share on Thursday, March 19th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date is Wednesday, March 4th. View Newmont Goldcorp's Dividend History.

How will Newmont Goldcorp's stock buyback program work?

Newmont Goldcorp announced that its board has approved a stock repurchase plan on Monday, December 2nd 2019, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 3.2% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its shares are undervalued.

How were Newmont Goldcorp's earnings last quarter?

Newmont Goldcorp Corp (NYSE:NEM) announced its earnings results on Tuesday, November, 5th. The basic materials company reported $0.36 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.39 by $0.03. The basic materials company had revenue of $2.71 billion for the quarter, compared to analysts' expectations of $2.83 billion. Newmont Goldcorp had a net margin of 25.42% and a return on equity of 4.71%. The firm's quarterly revenue was up 57.2% compared to the same quarter last year. During the same period last year, the business earned $0.33 earnings per share. View Newmont Goldcorp's Earnings History.

When is Newmont Goldcorp's next earnings date?

Newmont Goldcorp is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Newmont Goldcorp.

What price target have analysts set for NEM?

13 analysts have issued 1-year target prices for Newmont Goldcorp's stock. Their forecasts range from $33.00 to $50.00. On average, they expect Newmont Goldcorp's share price to reach $45.27 in the next year. This suggests that the stock has a possible downside of 1.9%. View Analyst Price Targets for Newmont Goldcorp.

What is the consensus analysts' recommendation for Newmont Goldcorp?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmont Goldcorp in the last year. There are currently 5 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Newmont Goldcorp.

Has Newmont Goldcorp been receiving favorable news coverage?

News stories about NEM stock have been trending extremely negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by reviewing 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 nearest to five being the most favorable. Newmont Goldcorp earned a media sentiment score of -4.6 on InfoTrie's scale. They also assigned news articles about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Newmont Goldcorp.

Are investors shorting Newmont Goldcorp?

Newmont Goldcorp saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 16,130,000 shares, a drop of 16.3% from the January 15th total of 19,260,000 shares. Based on an average daily volume of 6,470,000 shares, the short-interest ratio is presently 2.5 days. Currently, 2.0% of the shares of the company are sold short. View Newmont Goldcorp's Current Options Chain.

Who are some of Newmont Goldcorp's key competitors?

What other stocks do shareholders of Newmont Goldcorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Newmont Goldcorp investors own include Barrick Gold (GOLD), NVIDIA (NVDA), Cisco Systems (CSCO), Intel (INTC), Alibaba Group (BABA), AT&T (T), Freeport-McMoRan (FCX), Netflix (NFLX), Micron Technology (MU) and Verizon Communications (VZ).

Who are Newmont Goldcorp's key executives?

Newmont Goldcorp's management team includes the folowing people:
  • Mr. Gary J. Goldberg, CEO & Director (Age 60)
  • Mr. Thomas Ronald Palmer, Pres & COO (Age 51)
  • Ms. Nancy K. Buese CPA, Exec. VP & CFO (Age 49)
  • Mr. Stephen P. Gottesfeld, Exec. VP & Gen. Counsel (Age 51)
  • Mr. Randy Engel, Exec. VP of Strategic Devel. (Age 52)

Who are Newmont Goldcorp's major shareholders?

Newmont Goldcorp's stock is owned by many different of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (4.79%), State Street Corp (4.66%), First Eagle Investment Management LLC (2.53%), FMR LLC (2.01%), Bank of New York Mellon Corp (1.32%) and Renaissance Technologies LLC (1.13%). Company insiders that own Newmont Goldcorp stock include Dean Gehring, E Randall Engel, Elaine J Dorward-King, Gary J Goldberg, Jennifer Cmil, John Kitlen, Nancy Buese, Nancy Lipson, Scott P Lawson, Stephen P Gottesfeld, Thomas Ronald Palmer and William N Macgowan. View Institutional Ownership Trends for Newmont Goldcorp.

Which major investors are selling Newmont Goldcorp stock?

NEM stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Man Group plc, Bank of New York Mellon Corp, Capital World Investors, Schroder Investment Management Group, Retirement Systems of Alabama, AQR Capital Management LLC and Anchor Bolt Capital LP. Company insiders that have sold Newmont Goldcorp company stock in the last year include Dean Gehring, E Randall Engel, Elaine J Dorward-King, Gary J Goldberg, Jennifer Cmil, John Kitlen, Nancy Buese, Nancy Lipson, Scott P Lawson, Stephen P Gottesfeld, Thomas Ronald Palmer and William N Macgowan. View Insider Buying and Selling for Newmont Goldcorp.

Which major investors are buying Newmont Goldcorp stock?

NEM stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Van ECK Associates Corp, Euro Pacific Asset Management LLC, UBS Asset Management Americas Inc., Vestcor Investment Management Corp, Teacher Retirement System of Texas and State of Tennessee Treasury Department. View Insider Buying and Selling for Newmont Goldcorp.

How do I buy shares of Newmont Goldcorp?

Shares of NEM 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.

What is Newmont Goldcorp's stock price today?

One share of NEM stock can currently be purchased for approximately $46.17.

How big of a company is Newmont Goldcorp?

Newmont Goldcorp has a market capitalization of $37.85 billion and generates $7.25 billion in revenue each year. The basic materials company earns $341 million in net income (profit) each year or $1.35 on an earnings per share basis. Newmont Goldcorp employs 12,400 workers across the globe.View Additional Information About Newmont Goldcorp.

What is Newmont Goldcorp's official website?

The official website for Newmont Goldcorp is http://www.newmontgoldcorp.com/.

How can I contact Newmont Goldcorp?

Newmont Goldcorp's mailing address is 6363 SOUTH FIDDLER`S GREEN CIRCLE, GREENWOOD VILLAGE CO, 80111. The basic materials company can be reached via phone at 303-863-7414 or via email at [email protected]


MarketBeat Community Rating for Newmont Goldcorp (NYSE NEM)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  776 (Thanks for Voting!)
Underperform Votes:  879 (Thanks for Voting!)
Total Votes:  1,655
MarketBeat's community ratings are surveys of what our community members think about Newmont Goldcorp and other stocks. Vote "Outperform" if you believe NEM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NEM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/20/2020 by MarketBeat.com Staff

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