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

Newmont Goldcorp's stock was trading at $46.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NEM stock has increased by 1.0% and is now trading at $46.47. View which stocks have been mosted impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmont Goldcorp in the last year. There are currently 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Newmont Goldcorp.

Newmont Goldcorp is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Newmont Goldcorp.

Newmont Goldcorp Corp (NYSE:NEM) posted its earnings results on Thursday, February, 20th. The basic materials company reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. The basic materials company earned $2.97 billion during the quarter, compared to analysts' expectations of $3.02 billion. Newmont Goldcorp had a return on equity of 5.07% and a net margin of 28.80%. The business's revenue for the quarter was up 44.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.40 EPS. View Newmont Goldcorp's earnings history.

Newmont Goldcorp announced a quarterly dividend on Tuesday, February 18th. Investors 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 of this dividend is Wednesday, March 4th. View Newmont Goldcorp's dividend history.

Newmont Goldcorp declared that its Board of Directors has approved a share repurchase plan on Monday, December 2nd 2019, which allows the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 3.2% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its stock is undervalued.

13 brokers have issued 1 year price objectives for Newmont Goldcorp's shares. Their forecasts range from $43.00 to $58.00. On average, they expect Newmont Goldcorp's share price to reach $50.45 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price. View analysts' price targets for Newmont Goldcorp.

Media coverage about NEM stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Newmont Goldcorp earned a media sentiment score of 0.6 on InfoTrie's scale. They also gave press coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutNewmont Goldcorp.

Newmont Goldcorp saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 16,990,000 shares, an increase of 14.1% from the February 13th total of 14,890,000 shares. Based on an average daily volume of 7,990,000 shares, the short-interest ratio is presently 2.1 days. Approximately 2.1% of the company's shares are short sold. View Newmont Goldcorp's Current Options Chain.

Some companies that are related to Newmont Goldcorp include Barrick Gold (ABX), Barrick Gold (GOLD), Franco Nevada (FNV), Wheaton Precious Metals (WPM), Agnico Eagle Mines (AEM), AngloGold Ashanti (AU), Kirkland Lake Gold (KL), Kinross Gold (KGC), Gold Fields (GFI), Sibanye Gold (SBGL), Pan American Silver (PAAS), Yamana Gold (AUY), Alamos Gold (AGI), First Majestic Silver (AG) and Osisko gold royalties (OR).

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), Micron Technology (MU), Walt Disney (DIS), Netflix (NFLX) and Wheaton Precious Metals (WPM).

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

Newmont Goldcorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Neville Rodie & Shaw Inc. (0.00%). 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.

NEM stock was purchased by a variety of institutional investors in the last quarter, including Neville Rodie & Shaw Inc.. View insider buying and selling activity for 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.

One share of NEM stock can currently be purchased for approximately $46.47.

Newmont Goldcorp has a market capitalization of $37.54 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. View additional information about Newmont Goldcorp.

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

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]