Zacks Research Estimates 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 note issued to investors on Tuesday, March 4th. Zacks Research analyst A. Barman anticipates that the company will post earnings per share of $0.93 for the year. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share.

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

Kinross Gold Stock Performance

Shares of K opened at C$16.06 on Friday. The company has a debt-to-equity ratio of 18.81, a current ratio of 1.61 and a quick ratio of 1.11. The stock has a 50-day moving average of C$15.58 and a 200-day moving average of C$14.14. The company has a market cap of C$13.96 billion, a PE ratio of 18.91, a P/E/G ratio of -0.60 and a beta of 1.24. Kinross Gold has a one year low of C$7.17 and a one year high of C$17.63.

Kinross Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors of record on Wednesday, March 5th will be given a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.75%. Kinross Gold’s payout ratio is 18.84%.

Insider Activity at Kinross Gold

In other news, Director George Vincent Albino bought 5,000 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were purchased at an average price of C$16.07 per share, with a total value of C$80,369.87. Also, Senior Officer Geoffrey Peters Gold sold 100,000 shares of Kinross Gold stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of C$14.22, for a total transaction of C$1,421,710.00. In the last quarter, insiders have sold 414,670 shares of company stock valued at $6,215,090. 0.26% of the stock is owned by corporate insiders.

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.