Stifel Canada Weighs in on Kinross Gold FY2025 Earnings

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Research analysts at Stifel Canada issued their FY2025 earnings estimates for Kinross Gold in a report released on Wednesday, March 19th. Stifel Canada analyst R. Profiti forecasts that the company will earn $1.11 per share for the year. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share. Stifel Canada also issued estimates for Kinross Gold’s FY2026 earnings at $0.93 EPS and FY2027 earnings at $0.75 EPS.

Separately, National Bankshares raised their target price on Kinross Gold from C$20.00 to C$22.00 and gave the company an “outperform” rating in a research report on Tuesday, February 11th. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Kinross Gold has an average rating of “Buy” and a consensus price target of C$17.10.

Kinross Gold Price Performance

Shares of TSE K opened at C$17.46 on Friday. The company has a debt-to-equity ratio of 18.81, a quick ratio of 1.11 and a current ratio of 1.61. The firm has a fifty day moving average of C$16.09 and a 200 day moving average of C$14.44. The firm has a market cap of C$15.18 billion, a PE ratio of 20.55, a PEG ratio of -0.60 and a beta of 1.24. Kinross Gold has a one year low of C$7.66 and a one year high of C$17.76.

Insider Transactions at Kinross Gold

In related news, Director Jonathan Paul Rollinson sold 205,318 shares of the business’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of C$15.22, for a total value of C$3,124,939.96. Also, Senior Officer Laurence Davies sold 10,000 shares of the stock in a transaction dated Friday, March 14th. The stock was sold at an average price of C$16.58, for a total value of C$165,800.00. In the last ninety days, insiders sold 344,670 shares of company stock worth $5,276,336. 0.26% of the stock is currently owned by company insiders.

Kinross Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.69%. Kinross Gold’s dividend payout ratio (DPR) is presently 18.84%.

Kinross Gold Company Profile

Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia.