Newmont - NGT Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newmont in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" NGT shares.
View NGT analyst ratings or view top-rated stocks.

1 Wall Street research analysts have issued 12 month price objectives for Newmont's stock. Their NGT share price forecasts range from C$86.00 to C$86.00. On average, they predict the company's share price to reach C$86.00 in the next year. This suggests a possible upside of 21.3% from the stock's current price.
View analysts price targets for NGT or view top-rated stocks among Wall Street analysts.

Newmont's stock was trading at C$63.83 on January 1st, 2023. Since then, NGT shares have increased by 11.1% and is now trading at C$70.89.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our NGT earnings forecast.

Newmont Co. (TSE:NGT) posted its quarterly earnings results on Tuesday, November, 1st. The company reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.40 by $0.05. The business had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.87 billion.

Newmont announced a quarterly dividend on Thursday, October 27th. Investors of record on Thursday, December 8th will be given a dividend of 0.761 per share on Thursday, December 29th. This represents a $3.04 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date is Wednesday, December 7th. This is a positive change from the stock's previous quarterly dividend of C$0.71.
Read our dividend analysis for NGT.

Newmont (TSE:NGT) pays an annual dividend of C$2.20 per share and currently has a dividend yield of 4.15%. NGT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 134.97%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NGT.

Based on aggregate information from My MarketBeat watchlists, some companies that other Newmont investors own include Barrick Gold (ABX), Enbridge (ENB), Bristol-Myers Squibb (BMY), Cisco Systems (CSCO), Home Depot (HD), Kirkland Lake Gold (KL), AT&T (T), Verizon Communications (VZ), AbbVie (ABBV) and Canadian Natural Resources (CNQ).

Newmont trades on the Toronto Stock Exchange (TSX) under the ticker symbol "NGT."

Shares of NGT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

One share of NGT stock can currently be purchased for approximately C$70.89.

Newmont (TSE:NGT) has a market capitalization of C$56.27 billion and generates C$12.10 billion in revenue each year.

The company employs 14,400 workers across the globe.

The official website for the company is www.newmontgoldcorp.com. The company can be reached via phone at 303-863-7414.