Zacks Research Has Negative Outlook of Newmont Q2 Earnings

Newmont Co. (NYSE:NEM) – Research analysts at Zacks Research dropped their Q2 2025 earnings per share (EPS) estimates for Newmont in a report issued on Wednesday, March 5th. Zacks Research analyst A. Barman now anticipates that the basic materials company will post earnings of $0.70 per share for the quarter, down from their prior forecast of $0.74. The consensus estimate for Newmont’s current full-year earnings is $3.45 per share. Zacks Research also issued estimates for Newmont’s Q3 2025 earnings at $0.71 EPS, Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.82 EPS, Q4 2026 earnings at $0.80 EPS and FY2027 earnings at $3.45 EPS.

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

Several other equities analysts also recently issued reports on the company. Bernstein Bank boosted their price objective on Newmont from $55.00 to $58.00 in a research report on Monday, November 11th. Raymond James reduced their price objective on Newmont from $62.00 to $59.00 and set an “outperform” rating for the company in a research report on Monday, November 25th. CLSA began coverage on Newmont in a research report on Friday, November 29th. They set an “underperform” rating for the company. TD Securities reduced their price objective on Newmont from $46.00 to $45.00 and set a “hold” rating for the company in a research report on Wednesday, February 26th. Finally, The Goldman Sachs Group assumed coverage on Newmont in a research report on Monday, January 13th. They set a “buy” rating and a $47.20 price objective for the company. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $53.16.

Newmont Stock Performance

Shares of NEM stock opened at $43.88 on Friday. The company has a quick ratio of 1.73, a current ratio of 1.96 and a debt-to-equity ratio of 0.30. The business has a 50 day moving average of $42.53 and a two-hundred day moving average of $46.07. The company has a market cap of $49.44 billion, a P/E ratio of 14.98, a PEG ratio of 0.41 and a beta of 0.52. Newmont has a 52 week low of $33.29 and a 52 week high of $58.72.

Newmont Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 4th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $1.00 annualized dividend and a dividend yield of 2.28%. Newmont’s dividend payout ratio is currently 34.13%.

Insider Buying and Selling at Newmont

In other news, COO Natascha Viljoen sold 9,000 shares of the stock in a transaction on Friday, January 10th. The stock was sold at an average price of $40.00, for a total value of $360,000.00. Following the completion of the sale, the chief operating officer now owns 145,967 shares in the company, valued at $5,838,680. This represents a 5.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Bruce R. Brook sold 2,077 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $43.71, for a total value of $90,785.67. Following the completion of the sale, the director now owns 47,916 shares of the company’s stock, valued at $2,094,408.36. The trade was a 4.15 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 33,231 shares of company stock valued at $1,388,758. Corporate insiders own 0.06% of the company’s stock.

Institutional Trading of Newmont

A number of hedge funds have recently modified their holdings of the business. HighPoint Advisor Group LLC lifted its holdings in shares of Newmont by 3.8% in the fourth quarter. HighPoint Advisor Group LLC now owns 5,992 shares of the basic materials company’s stock valued at $223,000 after purchasing an additional 219 shares in the last quarter. Carmel Capital Partners LLC increased its stake in shares of Newmont by 4.5% in the third quarter. Carmel Capital Partners LLC now owns 5,221 shares of the basic materials company’s stock worth $279,000 after acquiring an additional 226 shares during the last quarter. Studio Investment Management LLC increased its stake in shares of Newmont by 29.4% in the third quarter. Studio Investment Management LLC now owns 1,149 shares of the basic materials company’s stock worth $61,000 after acquiring an additional 261 shares during the last quarter. Confluence Investment Management LLC increased its stake in shares of Newmont by 2.4% in the fourth quarter. Confluence Investment Management LLC now owns 11,788 shares of the basic materials company’s stock worth $439,000 after acquiring an additional 281 shares during the last quarter. Finally, Keel Point LLC increased its stake in shares of Newmont by 2.0% in the fourth quarter. Keel Point LLC now owns 14,774 shares of the basic materials company’s stock worth $550,000 after acquiring an additional 287 shares during the last quarter. Hedge funds and other 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.