Raymond James Raises Earnings Estimates for Kinross Gold

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Research analysts at Raymond James raised their Q3 2025 EPS estimates for Kinross Gold in a report issued on Wednesday, April 16th. Raymond James analyst F. Hamed now forecasts that the mining company will post earnings of $0.31 per share for the quarter, up from their previous estimate of $0.30. Raymond James has a “Market Perform” rating and a $15.00 price target on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share.

Several other equities analysts have also commented on KGC. StockNews.com raised shares of Kinross Gold from a “buy” rating to a “strong-buy” rating in a report on Friday. CIBC lifted their price objective on Kinross Gold from $13.00 to $14.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. National Bank Financial raised Kinross Gold to a “strong-buy” rating in a research note on Friday, March 21st. Stifel Canada upgraded Kinross Gold to a “strong-buy” rating in a research report on Wednesday, March 19th. Finally, BMO Capital Markets began coverage on Kinross Gold in a research report on Wednesday. They issued an “outperform” rating for the company. Two research analysts have rated the stock with a hold rating, three have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $13.30.

Kinross Gold Stock Down 1.6 %

Shares of KGC opened at $14.80 on Friday. The firm has a market cap of $18.21 billion, a P/E ratio of 19.22, a P/E/G ratio of 0.68 and a beta of 1.12. Kinross Gold has a 1 year low of $6.34 and a 1 year high of $15.34. The stock has a 50 day simple moving average of $12.06 and a two-hundred day simple moving average of $10.78. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 0.83.

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

Hedge Funds Weigh In On Kinross Gold

A number of hedge funds and other institutional investors have recently made changes to their positions in KGC. MML Investors Services LLC bought a new position in Kinross Gold in the 3rd quarter worth $201,000. M&T Bank Corp purchased a new position in shares of Kinross Gold during the third quarter valued at about $100,000. Geode Capital Management LLC lifted its holdings in Kinross Gold by 16.9% in the third quarter. Geode Capital Management LLC now owns 5,730,283 shares of the mining company’s stock worth $54,803,000 after buying an additional 828,456 shares during the period. Te Ahumairangi Investment Management Ltd boosted its position in Kinross Gold by 6.4% during the 3rd quarter. Te Ahumairangi Investment Management Ltd now owns 298,800 shares of the mining company’s stock valued at $2,786,000 after acquiring an additional 18,000 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Kinross Gold during the 3rd quarter worth approximately $248,000. Institutional investors own 63.69% of the company’s stock.

Kinross Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th were given 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 0.81%. Kinross Gold’s dividend payout ratio is currently 15.58%.

Kinross Gold Company Profile

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.