Stifel Canada Weighs in on Kinross Gold FY2025 Earnings

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Equities researchers at Stifel Canada issued their FY2025 earnings per share estimates for Kinross Gold in a research note issued to investors on Wednesday, March 19th. Stifel Canada analyst R. Profiti anticipates that the mining company will post earnings per share of $0.80 for the year. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share. Stifel Canada also issued estimates for Kinross Gold’s FY2026 earnings at $0.70 EPS and FY2027 earnings at $0.56 EPS.

A number of other research analysts have also recently weighed in on KGC. CIBC lifted their price objective on shares of Kinross Gold from $13.00 to $14.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. StockNews.com raised shares of Kinross Gold from a “buy” rating to a “strong-buy” rating in a report on Friday, March 14th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $11.63.

Kinross Gold Trading Up 0.9 %

Shares of Kinross Gold stock opened at $12.32 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 0.83. The firm has a fifty day moving average price of $11.17 and a 200 day moving average price of $10.23. Kinross Gold has a 1 year low of $5.64 and a 1 year high of $12.39. The stock has a market cap of $15.14 billion, a PE ratio of 15.99, a price-to-earnings-growth ratio of 0.68 and a beta of 1.29.

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

Kinross Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Wednesday, March 5th were given a dividend of $0.03 per share. The ex-dividend date was Wednesday, March 5th. This represents a $0.12 dividend on an annualized basis and a yield of 0.97%. Kinross Gold’s payout ratio is presently 15.58%.

Hedge Funds Weigh In On Kinross Gold

Institutional investors and hedge funds have recently bought and sold shares of the business. Capstone Investment Advisors LLC acquired a new position in Kinross Gold during the third quarter worth about $774,000. Mediolanum International Funds Ltd acquired a new stake in Kinross Gold during the 4th quarter worth $2,506,000. Truist Financial Corp increased its holdings in shares of 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 purchasing an additional 98,196 shares in the last quarter. Geode Capital Management LLC grew its stake 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 acquiring an additional 828,456 shares during the last quarter. Finally, DJE Kapital AG purchased a new stake in shares of Kinross Gold during the fourth quarter worth about $3,723,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

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.