Zacks Research Issues Negative Estimate for Newmont Earnings

Newmont Co. (TSE:NGT) – Research analysts at Zacks Research dropped their Q3 2025 earnings estimates for shares of Newmont in a report issued on Tuesday, November 5th. Zacks Research analyst A. Barman now anticipates that the company will post earnings per share of $1.27 for the quarter, down from their prior forecast of $1.38. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Zacks Research also issued estimates for Newmont’s FY2026 earnings at $5.88 EPS.

Other analysts also recently issued research reports about the stock. Argus upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 29th. Cibc World Mkts downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a report on Monday, October 28th. Scotiabank downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Finally, UBS Group downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Newmont has an average rating of “Moderate Buy” and a consensus price target of C$68.00.

Newmont Stock Up 0.1 %

Newmont stock opened at C$62.71 on Friday. Newmont has a fifty-two week low of C$39.96 and a fifty-two week high of C$81.16. The company has a debt-to-equity ratio of 31.20, a quick ratio of 1.77 and a current ratio of 2.11. The firm has a 50 day moving average price of C$71.35 and a 200 day moving average price of C$64.78. The company has a market capitalization of C$72.12 billion, a PE ratio of -16.55, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.

Newmont (TSE:NGT) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported C$1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$1.07 by C$0.04. The business had revenue of C$6.28 billion during the quarter, compared to the consensus estimate of C$5.79 billion. Newmont had a negative net margin of 13.29% and a negative return on equity of 8.09%.

Newmont Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Wednesday, November 27th will be paid a $0.338 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.35 annualized dividend and a dividend yield of 2.16%. Newmont’s dividend payout ratio (DPR) is -35.62%.

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.