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

$38.48
-0.14 (-0.36 %)
(As of 09/17/2019 06:00 AM ET)
Today's Range
$38.08
Now: $38.48
$39.20
50-Day Range
$36.9050
MA: $38.75
$40.90
52-Week Range
$29.06
Now: $38.48
$41.23
Volume7.18 million shs
Average Volume10.18 million shs
Market Capitalization$31.55 billion
P/E Ratio28.50
Dividend Yield1.45%
Beta-0.03
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$3.6131 per share
Book Value$21.52 per share

Profitability

Net Income$341 million

Miscellaneous

Employees12,400
Market Cap$31.55 billion
Next Earnings Date10/24/2019 (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 Wednesday, July 24th. Stockholders of record on Thursday, September 12th will be given a dividend of $0.14 per share on Thursday, September 26th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date is Wednesday, September 11th. View Newmont Goldcorp's Dividend History.

How were Newmont Goldcorp's earnings last quarter?

Newmont Goldcorp Corp (NYSE:NEM) posted its quarterly earnings data on Thursday, July, 25th. The basic materials company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.11. The basic materials company earned $2.26 billion during the quarter, compared to the consensus estimate of $2.29 billion. Newmont Goldcorp had a positive return on equity of 4.79% and a negative net margin of 1.03%. Newmont Goldcorp's quarterly revenue was up 35.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.26 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, October 24th 2019. View Earnings Estimates for Newmont Goldcorp.

What price target have analysts set for NEM?

15 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 stock price to reach $44.0286 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for Newmont Goldcorp.

What is the consensus analysts' recommendation for Newmont Goldcorp?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmont Goldcorp in the last year. There are currently 6 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?

Media headlines about NEM stock have trended somewhat positive on Tuesday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Newmont Goldcorp earned a daily sentiment score of 0.9 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Newmont Goldcorp.

Are investors shorting Newmont Goldcorp?

Newmont Goldcorp saw a drop in short interest in the month of August. As of August 15th, there was short interest totalling 11,657,100 shares, a drop of 14.4% from the July 15th total of 13,617,500 shares. Based on an average daily volume of 8,940,000 shares, the short-interest ratio is presently 1.3 days. Currently, 2.2% of the shares of the stock are short sold. 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), Freeport-McMoRan (FCX), Cisco Systems (CSCO), Netflix (NFLX), Alibaba Group (BABA), AT&T (T), Wheaton Precious Metals (WPM) 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 a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.37%), BlackRock Inc. (13.37%), Vanguard Group Inc. (10.94%), Van ECK Associates Corp (4.52%), Bank of New York Mellon Corp (1.65%) and Price T Rowe Associates Inc. MD (1.45%). 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 major investors are selling Newmont Goldcorp stock?

NEM stock was sold by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Strs Ohio, Global Thematic Partners LLC, Tocqueville Asset Management L.P., KBC Group NV, Stevens Capital Management LP, Cohen & Steers Inc. and Jennison Associates LLC. 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 major investors are buying Newmont Goldcorp stock?

NEM stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., BlackRock Inc., BlackRock Inc., Van ECK Associates Corp, Nuveen Asset Management LLC, Bank of New York Mellon Corp, Northern Trust Corp and California Public Employees Retirement System. 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 $38.48.

How big of a company is Newmont Goldcorp?

Newmont Goldcorp has a market capitalization of $31.55 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:  2.2 out of 5 (star star)
Outperform Votes:  678 (Vote Outperform)
Underperform Votes:  840 (Vote Underperform)
Total Votes:  1,518
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 9/17/2019 by MarketBeat.com Staff

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