Q1 EPS Estimates for Kinross Gold Reduced by Raymond James

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Equities research analysts at Raymond James lowered their Q1 2025 earnings per share (EPS) estimates for shares of Kinross Gold in a research note issued to investors on Tuesday, March 4th. Raymond James analyst F. Hamed now anticipates that the company will post earnings per share of $0.20 for the quarter, down from their prior forecast of $0.26. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share. Raymond James also issued estimates for Kinross Gold’s Q2 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.18 EPS and FY2025 earnings at $0.77 EPS.

Separately, National Bankshares increased 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 research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$17.10.

Kinross Gold Trading Up 0.8 %

K opened at C$16.06 on Thursday. Kinross Gold has a one year low of C$7.17 and a one year high of C$17.63. The company has a market cap of C$13.96 billion, a P/E ratio of 18.91, a PEG ratio of -0.60 and a beta of 1.24. The company has a debt-to-equity ratio of 18.81, a quick ratio of 1.11 and a current ratio of 1.61. The business’s 50-day simple moving average is C$15.53 and its 200-day simple moving average is C$14.10.

Insider Buying and Selling

In other Kinross Gold news, Senior Officer Geoffrey Peters Gold sold 99,347 shares of Kinross Gold stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of C$15.22, for a total value of C$1,512,061.34. Also, Senior Officer Claude J.S. Schimper sold 10,000 shares of Kinross Gold stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of C$15.63, for a total value of C$156,300.00. Insiders have sold 414,670 shares of company stock worth $6,215,090 in the last quarter. 0.26% of the stock is owned by insiders.

Kinross Gold Cuts Dividend

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