Zacks Research Has Bearish Forecast for Newmont Q3 Earnings

Newmont Co. (TSE:NGT) – Equities researchers at Zacks Research decreased their Q3 2025 earnings estimates for Newmont in a research report issued to clients and investors on Tuesday, November 5th. Zacks Research analyst A. Barman now expects that the company will post earnings per share of $1.27 for the quarter, down from their previous estimate 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.

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

Several other analysts also recently weighed in on NGT. Scotiabank downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 25th. Cibc World Mkts lowered shares of Newmont from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 28th. UBS Group downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 30th. Finally, Argus raised Newmont from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 29th. Four research analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Newmont presently has an average rating of “Moderate Buy” and an average price target of C$68.00.

Newmont Stock Performance

Newmont has a 1 year low of C$39.96 and a 1 year high of C$81.16. The firm has a market cap of C$72.01 billion, a PE ratio of -16.50, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51. The company has a debt-to-equity ratio of 31.20, a current ratio of 2.11 and a quick ratio of 1.77. The business’s fifty day moving average is C$71.72 and its 200 day moving average is C$64.71.

Newmont Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Wednesday, November 27th will be paid a dividend of $0.338 per share. This represents a $1.35 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Wednesday, November 27th. Newmont’s dividend payout ratio (DPR) is presently -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.