Research Analysts Set Expectations for Kinross Gold Co.’s Q1 2025 Earnings (NYSE:KGC)

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Raymond James lifted their Q1 2025 earnings estimates for Kinross Gold in a note issued to investors on Monday, September 23rd. Raymond James analyst F. Hamed now forecasts that the mining company will post earnings per share of $0.22 for the quarter, up from their prior estimate of $0.13. The consensus estimate for Kinross Gold’s current full-year earnings is $0.60 per share. Raymond James also issued estimates for Kinross Gold’s Q2 2025 earnings at $0.22 EPS, Q3 2025 earnings at $0.22 EPS, Q4 2025 earnings at $0.22 EPS and FY2025 earnings at $0.88 EPS.

Kinross Gold (NYSE:KGC) (TSE:K) last issued its quarterly earnings results on Wednesday, July 31st. The mining company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.01. Kinross Gold had a return on equity of 9.32% and a net margin of 10.91%. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same period last year, the company earned $0.14 earnings per share. The company’s revenue for the quarter was up 11.6% on a year-over-year basis.

Several other equities research analysts also recently weighed in on the company. Scotiabank increased their price target on Kinross Gold from $9.50 to $11.00 and gave the stock a “sector outperform” rating in a report on Monday, August 19th. Jefferies Financial Group raised their target price on Kinross Gold from $7.00 to $9.00 and gave the company a “hold” rating in a report on Friday, July 12th. CIBC raised their target price on Kinross Gold from $8.15 to $12.00 and gave the company an “outperformer” rating in a report on Wednesday, July 10th. Finally, StockNews.com downgraded Kinross Gold from a “strong-buy” rating to a “buy” rating in a report on Wednesday. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Kinross Gold currently has a consensus rating of “Moderate Buy” and an average price target of $9.33.

Kinross Gold Price Performance

Shares of NYSE KGC opened at $9.47 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.27 and a quick ratio of 0.52. The stock has a fifty day moving average price of $9.02 and a 200 day moving average price of $7.85. Kinross Gold has a 1-year low of $4.32 and a 1-year high of $10.10. The company has a market cap of $11.63 billion, a PE ratio of 26.29, a P/E/G ratio of 0.55 and a beta of 1.23.

Kinross Gold Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Thursday, August 22nd were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend was Thursday, August 22nd. Kinross Gold’s dividend payout ratio is currently 33.33%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Atlas Capital Advisors LLC purchased a new stake in Kinross Gold during the 2nd quarter worth about $40,000. Advisor Resource Council purchased a new stake in Kinross Gold during the 1st quarter worth about $60,000. Sivia Capital Partners LLC purchased a new stake in Kinross Gold during the 4th quarter worth about $63,000. Bright Futures Wealth Management LLC. purchased a new stake in Kinross Gold during the 1st quarter worth about $70,000. Finally, Fifth Third Bancorp increased its position in Kinross Gold by 3,524.4% during the 2nd quarter. Fifth Third Bancorp now owns 9,641 shares of the mining company’s stock worth $80,000 after purchasing an additional 9,375 shares in the last quarter. Hedge funds and other institutional investors own 63.69% of the company’s stock.

About Kinross Gold

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.