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Newmont Goldcorp Stock Price, Forecast & Analysis (NYSE:NEM)

$38.21
-0.26 (-0.68 %)
(As of 11/22/2019 08:54 AM ET)
Today's Range
$38.10
Now: $38.21
$38.55
50-Day Range
$36.47
MA: $38.22
$39.61
52-Week Range
$29.77
Now: $38.21
$41.23
Volume3.86 million shs
Average Volume5.76 million shs
Market Capitalization$31.33 billion
P/E Ratio28.30
Dividend Yield1.46%
Beta-0.05
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$3.61 per share
Book Value$27.36 per share

Profitability

Net Income$341 million

Miscellaneous

Employees12,400
Market Cap$31.33 billion
Next Earnings Date2/20/2020 (Estimated)
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, October 22nd. Investors of record on Thursday, December 5th will be paid a dividend of $0.14 per share on Friday, December 27th. This represents a $0.56 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date is Wednesday, December 4th. View Newmont Goldcorp's Dividend History.

How were Newmont Goldcorp's earnings last quarter?

Newmont Goldcorp Corp (NYSE:NEM) issued its quarterly earnings results on Tuesday, November, 5th. The basic materials company reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 business's revenue for the quarter was up 57.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.33 EPS. 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?

18 Wall Street analysts have issued 1-year price targets for Newmont Goldcorp's shares. Their forecasts range from $33.00 to $63.30. On average, they expect Newmont Goldcorp's share price to reach $46.53 in the next year. This suggests a possible upside of 21.8% from the stock's current price. View Analyst Price Targets for Newmont Goldcorp.

What is the consensus analysts' recommendation for Newmont Goldcorp?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmont Goldcorp in the last year. There are currently 1 sell rating, 8 hold ratings, 8 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 trended negative on Friday, InfoTrie reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Newmont Goldcorp earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Newmont Goldcorp.

Are investors shorting Newmont Goldcorp?

Newmont Goldcorp saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 17,070,000 shares, a decrease of 6.6% from the September 30th total of 18,280,000 shares. Based on an average daily volume of 6,840,000 shares, the short-interest ratio is currently 2.5 days. Currently, 2.1% of the shares of the stock 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), Intel (INTC), Cisco Systems (CSCO), Freeport-McMoRan (FCX), Alibaba Group (BABA), Wheaton Precious Metals (WPM), AT&T (T), Netflix (NFLX) and Micron Technology (MU).

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 institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.85%), Sumitomo Mitsui Trust Holdings Inc. (0.47%), Great West Life Assurance Co. Can (0.41%), Hexavest Inc. (0.31%), Alberta Investment Management Corp (0.23%) and Russell Investments Group Ltd. (0.20%). Company insiders that own Newmont Goldcorp stock include Dean Gehring, E Randall Engel, Elaine J Dorward-King, Gary J Goldberg, 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 institutional investors are selling Newmont Goldcorp stock?

NEM stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Artemis Investment Management LLP, Great West Life Assurance Co. Can, Global Thematic Partners LLC, Scout Investments Inc., State of Alaska Department of Revenue, Carillon Tower Advisers Inc. and CIBC Asset Management Inc. 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, 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 institutional investors are buying Newmont Goldcorp stock?

NEM stock was acquired by a variety of institutional investors in the last quarter, including Alberta Investment Management Corp, Alps Advisors Inc., California Public Employees Retirement System, State of New Jersey Common Pension Fund D, LGT Capital Partners LTD., State of Tennessee Treasury Department, Minneapolis Portfolio Management Group LLC and Virginia Retirement Systems ET AL. 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 $38.21.

How big of a company is Newmont Goldcorp?

Newmont Goldcorp has a market capitalization of $31.33 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:  717 (Vote Outperform)
Underperform Votes:  860 (Vote Underperform)
Total Votes:  1,577
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 11/22/2019 by MarketBeat.com Staff

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