Stifel Canada Comments on Kinross Gold FY2025 Earnings

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Equities researchers at Stifel Canada issued their FY2025 earnings estimates for Kinross Gold in a report released on Wednesday, March 19th. Stifel Canada analyst R. Profiti expects that the mining company will post earnings per share of $0.80 for the year. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share. Stifel Canada also issued estimates for Kinross Gold’s FY2026 earnings at $0.70 EPS and FY2027 earnings at $0.56 EPS.

Kinross Gold (NYSE:KGC) (TSE:K) last released its quarterly earnings results on Wednesday, February 12th. The mining company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.03). Kinross Gold had a net margin of 18.43% and a return on equity of 12.65%.

KGC has been the topic of several other research reports. StockNews.com cut Kinross Gold from a “strong-buy” rating to a “buy” rating in a research note on Saturday. CIBC upped their target price on Kinross Gold from $13.00 to $14.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $11.63.

Kinross Gold Stock Performance

NYSE:KGC opened at $12.17 on Friday. The firm has a 50-day moving average of $11.21 and a two-hundred day moving average of $10.25. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 0.83. The stock has a market cap of $14.95 billion, a P/E ratio of 15.80, a PEG ratio of 0.68 and a beta of 1.29. Kinross Gold has a 1-year low of $5.64 and a 1-year high of $12.39.

Institutional Trading of Kinross Gold

A number of institutional investors and hedge funds have recently modified their holdings of the business. PKO Investment Management Joint Stock Co acquired a new position in Kinross Gold in the fourth quarter valued at approximately $5,398,000. Comprehensive Money Management Services LLC bought a new position in shares of Kinross Gold in the fourth quarter worth $312,000. Polar Asset Management Partners Inc. lifted its stake in shares of Kinross Gold by 93.0% in the 4th quarter. Polar Asset Management Partners Inc. now owns 185,313 shares of the mining company’s stock worth $1,718,000 after acquiring an additional 89,313 shares during the period. Mackenzie Financial Corp boosted its stake in Kinross Gold by 21.2% during the 4th quarter. Mackenzie Financial Corp now owns 13,951,818 shares of the mining company’s stock valued at $129,435,000 after purchasing an additional 2,438,445 shares in the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. acquired a new stake in shares of Kinross Gold in the fourth quarter valued at $758,000. 63.69% of the stock is owned by institutional investors and hedge funds.

Kinross Gold Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th were issued a $0.03 dividend. The ex-dividend date of this dividend was Wednesday, March 5th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.99%. Kinross Gold’s dividend payout ratio (DPR) is 15.58%.

About Kinross Gold

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.