Cormark Weighs in on Kinross Gold’s Q1 Earnings (NYSE:KGC)

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Research analysts at Cormark issued their Q1 2025 earnings per share estimates for shares of Kinross Gold in a research report issued on Tuesday, February 18th. Cormark analyst R. Gray anticipates that the mining company will post earnings per share of $0.18 for the quarter. The consensus estimate for Kinross Gold’s current full-year earnings is $0.83 per share. Cormark also issued estimates for Kinross Gold’s Q2 2025 earnings at $0.18 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.18 EPS and FY2026 earnings at $0.96 EPS.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its quarterly earnings results on Wednesday, February 12th. The mining company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.03). Kinross Gold had a return on equity of 12.65% and a net margin of 18.43%.

Several other equities research analysts have also recently commented on the company. CIBC increased their price target on Kinross Gold from $13.00 to $14.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. StockNews.com raised Kinross Gold from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 9th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Kinross Gold currently has a consensus rating of “Buy” and an average target price of $11.63.

Kinross Gold Trading Up 0.5 %

KGC opened at $11.34 on Wednesday. The firm has a market capitalization of $13.94 billion, a price-to-earnings ratio of 14.73, a price-to-earnings-growth ratio of 0.65 and a beta of 1.24. The company’s 50 day simple moving average is $10.46 and its two-hundred day simple moving average is $9.89. Kinross Gold has a 1-year low of $4.75 and a 1-year high of $12.28. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 0.83.

Institutional Investors Weigh In On Kinross Gold

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Van ECK Associates Corp increased its position in shares of Kinross Gold by 62.2% during the 4th quarter. Van ECK Associates Corp now owns 116,323,261 shares of the mining company’s stock worth $1,078,330,000 after purchasing an additional 44,610,091 shares during the last quarter. Norges Bank acquired a new stake in shares of Kinross Gold during the fourth quarter valued at about $280,697,000. Man Group plc increased its position in shares of Kinross Gold by 174.2% during the fourth quarter. Man Group plc now owns 9,243,267 shares of the mining company’s stock valued at $85,685,000 after acquiring an additional 5,871,904 shares during the last quarter. First Eagle Investment Management LLC raised its stake in shares of Kinross Gold by 80.9% in the 4th quarter. First Eagle Investment Management LLC now owns 12,610,383 shares of the mining company’s stock valued at $116,898,000 after acquiring an additional 5,639,383 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of Kinross Gold by 634.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 3,942,042 shares of the mining company’s stock worth $36,971,000 after acquiring an additional 3,405,478 shares during the last quarter. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Kinross Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Wednesday, March 5th will be given a $0.03 dividend. The ex-dividend date is Wednesday, March 5th. This represents a $0.12 annualized dividend and a yield of 1.06%. Kinross Gold’s payout ratio is 15.58%.

Kinross Gold Company Profile

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.