Q1 EPS Estimates for Kinross Gold Cut by Raymond James

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Raymond James reduced their Q1 2025 earnings per share estimates for Kinross Gold in a research note issued on Tuesday, March 4th. Raymond James analyst F. Hamed now expects that the mining company will post earnings of $0.14 per share for the quarter, down from their prior forecast of $0.18. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share. Raymond James also issued estimates for Kinross Gold’s Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.13 EPS, Q4 2025 earnings at $0.13 EPS and FY2025 earnings at $0.54 EPS.

Other analysts have also recently issued reports about the company. StockNews.com cut Kinross Gold from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 25th. CIBC boosted their price objective on Kinross Gold from $13.00 to $14.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Kinross Gold has an average rating of “Moderate Buy” and a consensus target price of $11.63.

Kinross Gold Stock Down 2.9 %

Kinross Gold stock opened at $11.11 on Thursday. The stock has a market capitalization of $13.66 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 0.68 and a beta of 1.24. Kinross Gold has a 12 month low of $5.32 and a 12 month high of $12.28. The business has a 50 day simple moving average of $10.80 and a 200-day simple moving average of $10.06. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 0.83.

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

Institutional Trading of Kinross Gold

Large investors have recently made changes to their positions in the company. Capstone Investment Advisors LLC purchased a new stake in shares of Kinross Gold during the third quarter worth approximately $774,000. Mediolanum International Funds Ltd purchased a new stake in shares of Kinross Gold during the fourth quarter worth approximately $2,506,000. International Assets Investment Management LLC purchased a new stake in shares of Kinross Gold during the third quarter worth approximately $780,000. Geode Capital Management LLC grew its holdings in Kinross Gold by 16.9% in the 3rd quarter. Geode Capital Management LLC now owns 5,730,283 shares of the mining company’s stock valued at $54,803,000 after buying an additional 828,456 shares in the last quarter. Finally, Truist Financial Corp grew its holdings in Kinross Gold by 48.2% in the 4th quarter. Truist Financial Corp now owns 302,057 shares of the mining company’s stock valued at $2,800,000 after buying an additional 98,196 shares in the last quarter. 63.69% of the stock is currently owned by hedge funds and other institutional investors.

Kinross Gold Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Wednesday, March 5th will be given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Wednesday, March 5th. 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.