×
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13

Newmont Stock Forecast, Price & News

$61.17
+1.50 (+2.51%)
(As of 07/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$58.08
$61.42
50-Day Range
$59.67
$73.39
52-Week Range
$52.60
$86.37
Volume
6.60 million shs
Average Volume
7.47 million shs
Market Capitalization
$48.55 billion
P/E Ratio
46.70
Dividend Yield
3.69%
Price Target
$76.32

Newmont Stock Forecast (MarketRank)

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
24.8% Upside
$76.32 Price Target
Short Interest
Healthy
2.23% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.71
Upright™ Environmental Score
News Sentiment
0.15mentions of Newmont in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$2.83 M Sold Last Quarter
Proj. Earnings Growth
-4.08%
From $3.43 to $3.29 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.89 out of 5 stars

Basic Materials Sector

62nd out of 247 stocks

Gold & Silver Ores Industry

5th out of 57 stocks

30 days | 90 days | 365 days | Advanced Chart

Receive NEM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Newmont and its competitors with MarketBeat's FREE daily newsletter.

Newmont logo

About Newmont (NYSE:NEM)

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.

NEM Stock News Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
Gold
CUSIP
65163910
Employees
14,400
Year Founded
1921

Company Calendar

Last Earnings
4/22/2022
Ex-Dividend for 6/16 Dividend
6/01/2022
Dividend Payable
6/16/2022
Today
7/02/2022
Next Earnings (Estimated)
7/28/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$76.32
High Stock Price Forecast
$115.00
Low Stock Price Forecast
$57.00
Forecasted Upside/Downside
+24.8%
Consensus Rating
Hold
Rating Score (0-4)
2.125
Research Coverage
16 Analysts

Profitability

Net Income
$1.17 billion
Pretax Margin
8.03%

Debt

Sales & Book Value

Annual Sales
$12.22 billion
Cash Flow
$5.61 per share
Book Value
$27.35 per share

Miscellaneous

Free Float
792,778,000
Market Cap
$48.55 billion
Optionable
Optionable
Beta
0.37

Social Links















Newmont Frequently Asked Questions

Should I buy or sell Newmont stock right now?

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last year. There are currently 14 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Newmont stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NEM, but not buy additional shares or sell existing shares.
View analyst ratings for Newmont
or view top-rated stocks.

What is Newmont's stock price forecast for 2022?

16 equities research analysts have issued 12-month price objectives for Newmont's shares. Their NEM stock forecasts range from $57.00 to $115.00. On average, they predict Newmont's share price to reach $76.32 in the next year. This suggests a possible upside of 24.8% from the stock's current price.
View analysts' price targets for Newmont
or view top-rated stocks among Wall Street analysts.

How has Newmont's stock performed in 2022?

Newmont's stock was trading at $62.02 at the beginning of 2022. Since then, NEM stock has decreased by 1.4% and is now trading at $61.17.
View the best growth stocks for 2022 here
.

When is Newmont's next earnings date?

Newmont is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
View our earnings forecast for Newmont
.

How were Newmont's earnings last quarter?

Newmont Co. (NYSE:NEM) released its earnings results on Friday, April, 22nd. The basic materials company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.71 by $0.02. The basic materials company had revenue of $3.02 billion for the quarter, compared to the consensus estimate of $3.06 billion. Newmont had a net margin of 8.53% and a trailing twelve-month return on equity of 10.24%. Newmont's revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter last year, the business posted $0.74 EPS.
View Newmont's earnings history
.

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

Newmont announced a quarterly dividend on Thursday, April 21st. Investors of record on Thursday, June 2nd will be paid a dividend of $0.55 per share on Thursday, June 16th. This represents a $2.20 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend is Wednesday, June 1st.
View Newmont's dividend history
.

Is Newmont a good dividend stock?

Newmont(NYSE:NEM) pays an annual dividend of $2.20 per share and currently has a dividend yield of 3.69%. Newmont has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Newmont is 167.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Newmont will have a dividend payout ratio of 66.87% next year. This indicates that Newmont will be able to sustain or increase its dividend.
View Newmont's dividend history.

Who are Newmont's key executives?

Newmont's management team includes the following people:

What is Tom Palmer's approval rating as Newmont's CEO?

15 employees have rated Newmont CEO Tom Palmer on Glassdoor.com. Tom Palmer has an approval rating of 97% among Newmont's employees. This puts Tom Palmer in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Newmont's key competitors?

What other stocks do shareholders of Newmont own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Newmont 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), AbbVie (ABBV) and Walt Disney (DIS).

What is Newmont's stock symbol?

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

How do I buy shares of Newmont?

Shares of NEM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Newmont's stock price today?

One share of NEM stock can currently be purchased for approximately $61.17.

How much money does Newmont make?

Newmont (NYSE:NEM) has a market capitalization of $48.55 billion and generates $12.22 billion in revenue each year. The basic materials company earns $1.17 billion in net income (profit) each year or $1.309990 on an earnings per share basis.

How many employees does Newmont have?

Newmont employs 14,400 workers across the globe.

Does Newmont have any subsidiaries?

The following companies are subsidiares of Newmont: AC40689 Limited, Administradora de Negocios Mineros S.A. de C.V., Australian Capital Territory, Battle Mountain Resources Inc., Cayman Pampas Ltd., Con Exploration Ltd., Datawave Sciences Inc., Dawn Mining Company LLC, ELLC Grazing Membership LLC, EMH (BVI) Inc., Elko Land and Livestock Company, Empresa Minera Maria SRL, Fronteer Development (USA) LLC, Fronteer Development LLC, Fronteer Royalty LLC, GCGC LLC, GMK Investments Pty Ltd, Galore Creek Mining Corporation, Galore Creek Partnership, Glamis Rand Mining Company, Gold S.p.A., Goldcorp (Barbados) Inc., Goldcorp America Holdings Inc., Goldcorp Aureus Inc., Goldcorp Aurum Argentum Inc., Goldcorp Canada Ltd., Goldcorp Capital Corporation, Goldcorp Exeter Ltd., Goldcorp Faja de Plata S.A. de C.V., Goldcorp General Holdings Ltd., Goldcorp Global Services Inc., Goldcorp Holdings Europe B.V., Goldcorp Holdings GmbH, Goldcorp Inc., Goldcorp Insurance Company Inc., Goldcorp Internacional S.A. de C.V., Goldcorp Kaminak Ltd., Goldcorp Latin America Finance Limited, Goldcorp MC Holding S.p.A., Goldcorp Peñasquito S.A. de C.V., Goldcorp Porcupine Nominee Ltd., Goldcorp Red Lake Nominee Ltd., Goldcorp Stratum Inc., Goldcorp Tesoro Inc., Goldcorp Trading GmbH, Goldcorp USA Holdings Ltd., Goldcorp USA Inc., Goldcorp USA Services Inc., Goldfields Power Pty Ltd, Hemlo Gold Mines (Ghana) Limited, Holdco S.p.A., Honduras Holdings Ltd., Hospah Holdings Company, Idarado Mining Company, International Mineral Finance S.AR.L., MMC Acquisition Limited, Mexicana Resources Inc., Minera Alumbrera Ltd., Minera BMG, Minera Choluteca S.A. de C.V., Minera Faja de Plata S.A. de C.V., Minera Los Tapados S.A., Minera Newmont (Chile) Limitada, Minera Peñasquito S.A. de C.V., Minera Yanacocha S.R.L., Miramar Gold Corporation, Miramar HBG Inc., Miramar Northern Mining Ltd., Montana Exploradora de Guatemala S.A. de C.V., Moydow Limited, Musto Explorations (Bermuda) Ltd., N.I. Limited, NP Kalgoorlie Pty Ltd, NVL (USA) Limited, NVL Haiti Limited S.A., NVL PNG Limited, NVL Solomon Islands Limited, Nevada Eagle Resources LLC, Nevada Gold Mines LLC, New Verde Mines LLC, Newmont (Guyana) Incorporated, Newmont AP Power Pty Ltd, Newmont Australia Investment Limited, Newmont Boddington Pty Ltd, Newmont Bolivia Limited, Newmont CC&V Mining Corporation, Newmont Canada Corporation, Newmont Canada Holdings ULC, Newmont Capital Limited, Newmont Capital Pty Ltd, Newmont Colombia S.A.S., Newmont Euronimba B.V., Newmont FH B.V., Newmont GTR LLC, Newmont Galore Creek Holdings Corporation, Newmont Ghana Gold Limited, Newmont Gold Company, Newmont Gold Pty Ltd, Newmont Goldcorp Australia Pty Ltd, Newmont Goldcorp Boddington Pty Ltd, Newmont Goldcorp Exploration Pty Ltd, Newmont Goldcorp Integrated Services Inc., Newmont Goldcorp Red Lake Holdings Ltd., Newmont Goldcorp Services Pty Ltd, Newmont Goldcorp Tanami Pty Ltd, Newmont Golden Ridge Limited, Newmont Holdings ULC, Newmont Indonesia Investment Limited, Newmont Indonesia LLC, Newmont International Exploration Pty Ltd, Newmont International Group BV, Newmont International Services Limited, Newmont Investment Holdings LLC, Newmont Landco Pty Ltd, Newmont Latin America Limited, Newmont McCoy Cove Limited, Newmont Mineral Holdings B.V., Newmont Mines Limited, Newmont Mining Finance Pty Ltd, Newmont Mining Holdings Pty Ltd, Newmont NGL Holdings Pty Ltd, Newmont Nevada Energy Investment LLC, Newmont North America Exploration Limited, Newmont Nusa Tenggara Holdings B.V., Newmont Overseas Exploration Limited, Newmont Pacific Energy Pty Ltd, Newmont Peru Limited, Newmont Power Pty Ltd, Newmont Realty Company, Newmont Second Capital Corporation, Newmont Suriname LLC, Newmont Technologies Limited, Newmont USA Limited, Newmont Ventures Limited, Newmont Woodcutters Pty Ltd, Newmont Yandal Operations Pty Ltd, Newmont de Mexico S.A. de C.V., Normandy Company (Malaysia) Sdn Bhd, Normandy Overseas Holding Company Sdn Bhd, Nusa Tenggara Partnership B.V., Orcana Resources Inc., Oroplata S.A., PT Newmont Minahasa Raya, Pequop Exploration LLC, Peridot S.A., Pittston Nevada Gold Company Ltd., Pueblo Viejo Dominicana Corporation, Red Lake Gold Mine Services Ltd., Resurrection Mining Company, Saddleback Investments Pty Ltd, San Juan Basin Holdings Company, Santa Fe Pacific Gold Corporation, Sermineros de Mexico S.A. de C.V., Sermineros de Mexico S.A. de C.V. <0.0010% Sermineros Zacatecas S.A. de C.V., Sociedad Contractual Minera El Morro, Suriname Gold Project CV, Takari Mining SAS, Talapoosa Mining Inc., The LeClair Consolidated Mines Company, The Matoa Gold Mining Company, US Mineral Company Inc., Vol Mines Limited, and West Pequop Project LLC.
Read More

When was Newmont founded?

Newmont was founded in 1921.

How can I contact Newmont?

Newmont's mailing address is 6363 SOUTH FIDDLER`S GREEN CIRCLE, GREENWOOD VILLAGE CO, 80111. The official website for Newmont is www.newmontgoldcorp.com. The basic materials company can be reached via phone at (303) 863-7414, via email at [email protected], or via fax at 303-837-5837.

This page (NYSE:NEM) was last updated on 7/2/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.