Analysts Set Expectations for Kinross Gold FY2027 Earnings

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Stock analysts at Zacks Research issued their FY2027 earnings per share (EPS) estimates for shares of Kinross Gold in a research report issued on Tuesday, March 4th. Zacks Research analyst A. Barman forecasts that the company will post earnings of $0.93 per share for the year. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share.

Separately, National Bankshares raised their price objective on Kinross Gold from C$20.00 to C$22.00 and gave the company an “outperform” rating in a report on Tuesday, February 11th. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$17.10.

Kinross Gold Stock Up 0.8 %

K opened at C$16.06 on Friday. The company has a market cap of C$13.96 billion, a PE ratio of 18.91, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24. Kinross Gold has a twelve month low of C$7.17 and a twelve month high of C$17.63. The company has a 50-day moving average price of C$15.53 and a 200 day moving average price of C$14.10. The company has a quick ratio of 1.11, a current ratio of 1.61 and a debt-to-equity ratio of 18.81.

Insider Buying and Selling at Kinross Gold

In related news, Senior Officer Claude J.S. Schimper sold 10,000 shares of the business’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of C$15.63, for a total value of C$156,300.00. Also, Director Jonathan Paul Rollinson sold 205,318 shares of Kinross Gold stock in a transaction dated Friday, February 28th. The shares were sold at an average price of C$15.22, for a total value of C$3,124,939.96. Insiders sold a total of 414,670 shares of company stock worth $6,215,090 over the last three months. Insiders own 0.26% of the company’s stock.

Kinross Gold Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.75%. Kinross Gold’s dividend payout ratio (DPR) is presently 18.84%.

Kinross Gold Company Profile

Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia.