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

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

Newmont Goldcorp announced a quarterly dividend on Tuesday, October 22nd. Shareholders of record on Thursday, December 5th will be given 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 1.29%. The ex-dividend date is Wednesday, December 4th. View Newmont Goldcorp's Dividend History.

Newmont Goldcorp announced that its Board of Directors has initiated a stock buyback program on Monday, December 2nd 2019, which allows the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 3.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Newmont Goldcorp Corp (NYSE:NEM) issued its quarterly earnings data on Tuesday, November, 5th. The basic materials company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.03. The basic materials company had revenue of $2.71 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.33 EPS. View Newmont Goldcorp's Earnings History.

Newmont Goldcorp is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Newmont Goldcorp.

Newmont Goldcorp will be holding an earnings conference call on Thursday, February 20th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

12 Wall Street analysts have issued 1 year price objectives for Newmont Goldcorp's stock. Their forecasts range from $33.00 to $50.00. On average, they expect Newmont Goldcorp's share price to reach $45.10 in the next year. This suggests a possible upside of 3.7% from the stock's current price. View Analyst Price Targets for Newmont Goldcorp.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmont Goldcorp in the last year. There are currently 4 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Newmont Goldcorp.

Media coverage about NEM stock has been trending positive recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Newmont Goldcorp earned a news impact score of 3.0 on InfoTrie's scale. They also assigned media coverage about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Newmont Goldcorp.

Newmont Goldcorp saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 18,950,000 shares, an increase of 10.9% from the November 28th total of 17,090,000 shares. Based on an average daily volume of 6,260,000 shares, the short-interest ratio is presently 3.0 days. Currently, 2.3% of the shares of the stock are sold short. 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), Agnico Eagle Mines (AEM), Wheaton Precious Metals (WPM), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Sibanye Gold (SBGL), Kinross Gold (KGC), Gold Fields (GFI), Pan American Silver (PAAS), Yamana Gold (AUY), First Majestic Silver (AG), Alamos Gold (AGI) and Harmony Gold Mining (HMY).

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), AT&T (T), Alibaba Group (BABA), Freeport-McMoRan (FCX), Micron Technology (MU), Netflix (NFLX) and Wheaton Precious Metals (WPM).

Newmont Goldcorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include LGT Capital Partners LTD. (0.21%), Foundation Resource Management Inc. (0.13%), Tocqueville Asset Management L.P. (0.12%), Artemis Investment Management LLP (0.04%), State of Alaska Department of Revenue (0.04%) and Scout Investments Inc. (0.04%). 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.

NEM stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc., Artemis Investment Management LLP, Scout Investments Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Foundation Resource Management Inc., Wedbush Securities Inc., Lowe Wealth Advisors LLC and Cerebellum GP 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.

NEM stock was acquired by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Calamos Advisors LLC, Alpha Cubed Investments LLC, Tocqueville Asset Management L.P., State of Alaska Department of Revenue, Baxter Bros Inc., Baxter Bros Inc. and DNB Asset Management AS. View Insider Buying and Selling 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 $43.48.

Newmont Goldcorp has a market capitalization of $35.65 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.

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]