Raymond James Comments on Newmont’s Q3 Earnings (NYSE:NEM)

Newmont Co. (NYSE:NEM) – Investment analysts at Raymond James reduced their Q3 2025 earnings per share (EPS) estimates for Newmont in a note issued to investors on Friday, February 21st. Raymond James analyst B. Macarthur now forecasts that the basic materials company will earn $0.58 per share for the quarter, down from their previous forecast of $0.74. Raymond James currently has a “Outperform” rating and a $59.00 target price on the stock. The consensus estimate for Newmont’s current full-year earnings is $3.45 per share. Raymond James also issued estimates for Newmont’s Q4 2025 earnings at $0.68 EPS.

Newmont (NYSE:NEM) last issued its quarterly earnings data on Thursday, February 20th. The basic materials company reported $1.40 EPS for the quarter, topping the consensus estimate of $1.11 by $0.29. The firm had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.32 billion. Newmont had a return on equity of 13.52% and a net margin of 17.92%.

Several other analysts also recently commented on NEM. Bernstein Bank increased their price objective on Newmont from $55.00 to $58.00 in a research note on Monday, November 11th. Scotiabank decreased their price target on Newmont from $52.00 to $50.00 and set a “sector perform” rating for the company in a research report on Tuesday, January 21st. Royal Bank of Canada increased their price target on Newmont from $47.00 to $52.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 11th. Cibc World Mkts downgraded Newmont from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 28th. Finally, JPMorgan Chase & Co. raised Newmont from a “neutral” rating to an “overweight” rating in a research report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Newmont currently has a consensus rating of “Moderate Buy” and a consensus price target of $53.37.

Newmont Stock Performance

Shares of Newmont stock opened at $45.25 on Monday. The company has a market cap of $51.52 billion, a PE ratio of 15.44, a price-to-earnings-growth ratio of 0.41 and a beta of 0.52. Newmont has a 52 week low of $29.42 and a 52 week high of $58.72. The business has a 50 day moving average price of $41.56 and a 200-day moving average price of $46.45. The company has a quick ratio of 1.73, a current ratio of 1.96 and a debt-to-equity ratio of 0.30.

Newmont Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 4th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend is Tuesday, March 4th. Newmont’s payout ratio is currently 34.13%.

Insider Transactions at Newmont

In other news, Director Bruce R. Brook sold 2,077 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $42.89, for a total value of $89,082.53. Following the completion of the transaction, the director now directly owns 49,993 shares of the company’s stock, valued at $2,144,199.77. This trade represents a 3.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Peter Toth sold 3,000 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $42.89, for a total value of $128,670.00. Following the completion of the transaction, the executive vice president now directly owns 79,596 shares of the company’s stock, valued at $3,413,872.44. The trade was a 3.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 28,154 shares of company stock valued at $1,166,843 over the last three months. Company insiders own 0.06% of the company’s stock.

Institutional Investors Weigh In On Newmont

Several large investors have recently added to or reduced their stakes in NEM. Sequoia Financial Advisors LLC boosted its stake in Newmont by 35.4% during the third quarter. Sequoia Financial Advisors LLC now owns 13,382 shares of the basic materials company’s stock valued at $715,000 after buying an additional 3,498 shares during the period. International Assets Investment Management LLC boosted its stake in Newmont by 6,387.0% during the third quarter. International Assets Investment Management LLC now owns 979,921 shares of the basic materials company’s stock valued at $52,377,000 after buying an additional 964,815 shares during the period. Silver Oak Securities Incorporated boosted its stake in Newmont by 914.5% during the third quarter. Silver Oak Securities Incorporated now owns 12,834 shares of the basic materials company’s stock valued at $692,000 after buying an additional 11,569 shares during the period. Ballentine Partners LLC boosted its stake in Newmont by 12.5% during the third quarter. Ballentine Partners LLC now owns 15,784 shares of the basic materials company’s stock valued at $844,000 after buying an additional 1,754 shares during the period. Finally, Mediolanum International Funds Ltd bought a new stake in Newmont during the third quarter valued at $529,000. Institutional investors own 68.85% of the company’s stock.

Newmont Company Profile

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, Papua New Guinea, Ecuador, Fiji, and Ghana.