NYSE:NEM Newmont Goldcorp Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Newmont Goldcorp Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $61.42 -0.02 (-0.03 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$60.53Now: $61.42▼$61.6650-Day Range$60.22MA: $65.92▼$70.3752-Week Range$33.00Now: $61.42▼$72.22Volume3.83 million shsAverage Volume8.63 million shsMarket Capitalization$49.32 billionP/E Ratio12.82Dividend Yield1.63%Beta0.36 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. Newmont Mining Corporation was founded in 1916 and is headquartered in Greenwood Village, Colorado.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingNewmont Goldcorp has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 10 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $72.69, Newmont Goldcorp has a forecasted upside of 18.3% from its current price of $61.42.Amount of Analyst CoverageNewmont Goldcorp has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesNewmont Goldcorp has received 834 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNewmont Goldcorp has received 903 “underperform” votes. (Add your “underperform” vote.)Community SentimentNewmont Goldcorp has received 51.99% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldNewmont Goldcorp pays a meaningful dividend of 1.63%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNewmont Goldcorp has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Newmont Goldcorp is 75.76%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Newmont Goldcorp will have a dividend payout ratio of 25.13% next year. This indicates that Newmont Goldcorp will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Newmont Goldcorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,226,041.00 in company stock.Percentage Held by InsidersOnly 0.28% of the stock of Newmont Goldcorp is held by insiders.Percentage Held by Institutions79.46% of the stock of Newmont Goldcorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Newmont Goldcorp are expected to grow by 76.11% in the coming year, from $2.26 to $3.98 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Newmont Goldcorp is 12.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Newmont Goldcorp is 12.82, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 34.58.Price to Book Value per Share RatioNewmont Goldcorp has a P/B Ratio of 2.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.31 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Gold & silver ores Sub-IndustryGold SectorBasic Materials Current SymbolNYSE:NEM Previous Symbol CUSIP65163910 CIK1164727 Webwww.newmontgoldcorp.com Phone303-863-7414Debt Debt-to-Equity Ratio0.26 Current Ratio2.81 Quick Ratio2.41Price-To-Earnings Trailing P/E Ratio12.82 Forward P/E Ratio27.18 P/E GrowthN/A Sales & Book Value Annual Sales$9.74 billion Price / Sales5.06 Cash Flow$3.31 per share Price / Cash Flow18.58 Book Value$27.69 per share Price / Book2.22Profitability EPS (Most Recent Fiscal Year)$1.32 Net Income$2.81 billion Net Margins36.79% Return on Equity5.70% Return on Assets3.22%Miscellaneous Employees16,600 Outstanding Shares803,071,000Market Cap$49.32 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $61.42 -0.02 (-0.03 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive NEM News and Ratings via Email Sign-up to receive the latest news and ratings for NEM and its competitors with MarketBeat's FREE daily newsletter. Newmont Goldcorp (NYSE:NEM) Frequently Asked Questions How has Newmont Goldcorp's stock been impacted by Coronavirus (COVID-19)? Newmont Goldcorp's stock was trading at $46.02 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NEM stock has increased by 33.5% and is now trading at $61.42. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Newmont Goldcorp? 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmont Goldcorp in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Newmont Goldcorp. When is Newmont Goldcorp's next earnings date? Newmont Goldcorp is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Newmont Goldcorp. How were Newmont Goldcorp's earnings last quarter? Newmont Goldcorp Corp (NYSE:NEM) posted its earnings results on Thursday, July, 30th. The basic materials company reported $0.32 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.34 by $0.02. The basic materials company had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.37 billion. Newmont Goldcorp had a return on equity of 5.70% and a net margin of 36.79%. View Newmont Goldcorp's earnings history. How often does Newmont Goldcorp pay dividends? What is the dividend yield for Newmont Goldcorp? Newmont Goldcorp announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Thursday, September 10th will be paid a dividend of $0.25 per share on Thursday, September 24th. This represents a $1.00 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend is Wednesday, September 9th. View Newmont Goldcorp's dividend history. How will Newmont Goldcorp's stock buyback program work? Newmont Goldcorp announced that its board has authorized a share buyback plan on Monday, December 2nd 2019, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its shares are undervalued. What price target have analysts set for NEM? 15 brokers have issued 12 month target prices for Newmont Goldcorp's shares. Their forecasts range from $57.00 to $97.00. On average, they anticipate Newmont Goldcorp's share price to reach $72.69 in the next twelve months. This suggests a possible upside of 18.3% from the stock's current price. View analysts' price targets for Newmont Goldcorp. Who are some of Newmont Goldcorp's key competitors? Some companies that are related to Newmont Goldcorp include Royal Gold (RGLD), NovaGold Resources (NG), Gold Resource (GORO), Trevali Mining (TV) and Vista Gold (VGZ). View all 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 NVIDIA (NVDA), Cisco Systems (CSCO), Barrick Gold (GOLD), Intel (INTC), Micron Technology (MU), Advanced Micro Devices (AMD), AT&T (T), QUALCOMM (QCOM), Alibaba Group (BABA) and Walt Disney (DIS). Who are Newmont Goldcorp's key executives? Newmont Goldcorp's management team includes the following 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) What is Newmont Goldcorp's stock symbol? Newmont Goldcorp trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEM." Who are Newmont Goldcorp's major shareholders? Newmont Goldcorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.00%), Vanguard Group Inc. (9.51%), FMR LLC (3.10%), First Eagle Investment Management LLC (2.42%), Bank of New York Mellon Corp (1.05%) and APG Asset Management N.V. (0.96%). 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, Robert D Atkinson, 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 Vanguard Group Inc., BlackRock Inc., APG Asset Management N.V., Ruffer LLP, First Eagle Investment Management LLC, Swiss National Bank, Great West Life Assurance Co. Can, and Global Thematic Partners LLC. Company insiders that have sold Newmont Goldcorp company stock in the last year include Dean Gehring, E Randall Engel, Jennifer Cmil, John Kitlen, Nancy Buese, Robert D Atkinson, Stephen P Gottesfeld, and Thomas Ronald Palmer. View insider buying and selling activity for Newmont Goldcorp. Which institutional investors are buying Newmont Goldcorp stock? NEM stock was purchased by a variety of institutional investors in the last quarter, including GQG Partners LLC, FMR LLC, AQR Capital Management LLC, Alleghany Corp DE, Assetmark Inc., Nordea Investment Management AB, MUFG Securities EMEA plc, and Victory Capital Management Inc.. View insider buying and selling activity 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 $61.42. How big of a company is Newmont Goldcorp? Newmont Goldcorp has a market capitalization of $49.32 billion and generates $9.74 billion in revenue each year. The basic materials company earns $2.81 billion in net income (profit) each year or $1.32 on an earnings per share basis. Newmont Goldcorp employs 16,600 workers across the globe. What is Newmont Goldcorp's official website? The official website for Newmont Goldcorp is 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] This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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