Raymond James Has Negative Outlook of Newmont Q2 Earnings

Newmont Co. (TSE:NGT) – Equities researchers at Raymond James dropped their Q2 2025 earnings estimates for Newmont in a note issued to investors on Tuesday, November 19th. Raymond James analyst B. Macarthur now anticipates 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 released its earnings results on Wednesday, October 23rd. The company reported C$1.11 EPS for the quarter, beating analysts’ consensus estimates of C$1.07 by C$0.04. Newmont had a negative return on equity of 8.09% and a negative net margin of 13.29%. The firm had revenue of C$6.28 billion for the quarter, compared to analysts’ expectations of C$5.79 billion.

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

Newmont Stock Performance

Shares of Newmont stock 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. The stock’s fifty day moving average is C$69.34 and its two-hundred day moving average is C$64.96. Newmont has a 52 week low of C$39.96 and a 52 week high of C$81.16. The company has a market capitalization of C$69.69 billion, a PE ratio of -15.99, a price-to-earnings-growth ratio of 1.43 and a beta of 0.51.

Newmont Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Wednesday, November 27th will be given a dividend of $0.338 per share. This represents a $1.35 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date of this dividend is Wednesday, November 27th. Newmont’s payout ratio is currently -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.