Raymond James Has Pessimistic View of Newmont Q2 Earnings

Newmont Co. (TSE:NGT) – Investment analysts at Raymond James dropped their Q2 2025 EPS estimates for shares of Newmont in a research note issued to investors on Tuesday, November 19th. Raymond James analyst B. Macarthur now expects that the company will earn $1.15 per share for the quarter, down from their previous estimate of $1.20. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Raymond James also issued estimates for Newmont’s Q3 2025 earnings at $1.15 EPS and FY2025 earnings at $4.71 EPS.

Newmont (TSE:NGT) last issued its earnings results on Wednesday, October 23rd. The company reported C$1.11 earnings per share for the quarter, topping the consensus estimate of C$1.07 by C$0.04. The company 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%.

A number of other research analysts have also recently commented on NGT. Scotiabank cut Newmont from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. Argus raised shares of Newmont from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 29th. UBS Group cut shares of Newmont from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 30th. Finally, Cibc World Mkts cut shares of Newmont from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 28th. Four investment analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Newmont currently has an average rating of “Moderate Buy” and a consensus price target of C$68.00.

Newmont Stock Performance

TSE NGT opened at C$60.60 on Friday. The company has a quick ratio of 1.77, a current ratio of 2.11 and a debt-to-equity ratio of 31.20. Newmont has a twelve month low of C$39.96 and a twelve month high of C$81.16. The business has a 50-day moving average price of C$69.34 and a 200-day moving average price of C$64.96. The firm has a market cap of C$69.69 billion, a price-to-earnings ratio of -15.99, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.

Newmont Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Wednesday, November 27th will be issued a $0.338 dividend. This represents a $1.35 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date is Wednesday, November 27th. Newmont’s dividend payout ratio (DPR) is presently -35.62%.

About Newmont

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.