FY2026 EPS Estimates for Kinross Gold Reduced by Analyst

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Investment analysts at National Bank Financial decreased their FY2026 earnings per share (EPS) estimates for Kinross Gold in a report issued on Wednesday, May 7th. National Bank Financial analyst S. Nagle now anticipates that the company will earn $1.83 per share for the year, down from their prior forecast of $1.90. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share. National Bank Financial also issued estimates for Kinross Gold’s FY2027 earnings at $1.97 EPS.

K has been the topic of a number of other research reports. National Bankshares upped their target price on Kinross Gold from C$22.00 to C$23.00 and gave the company an “outperform” rating in a research report on Wednesday, April 2nd. Stifel Canada upgraded Kinross Gold to a “strong-buy” rating in a research report on Wednesday, March 19th. BMO Capital Markets upgraded Kinross Gold to a “strong-buy” rating in a research report on Wednesday, April 16th. Finally, Stifel Nicolaus upped their target price on Kinross Gold from C$23.50 to C$24.50 and gave the company a “buy” rating in a research report on Wednesday, May 7th. Four research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of C$20.00.

Kinross Gold Price Performance

Shares of TSE K opened at C$20.99 on Monday. The business’s 50 day moving average price is C$18.56 and its 200 day moving average price is C$16.05. The firm has a market cap of C$18.25 billion, a P/E ratio of 24.71, a P/E/G ratio of -0.60 and a beta of 1.24. Kinross Gold has a 52 week low of C$9.91 and a 52 week high of C$22.01. The company has a quick ratio of 1.11, a current ratio of 1.61 and a debt-to-equity ratio of 18.81.

Kinross Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Thursday, May 29th will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.57%. Kinross Gold’s payout ratio is 18.84%.

Insider Transactions at Kinross Gold

In other news, Director George Vincent Albino purchased 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was purchased at an average cost of C$16.07 per share, for a total transaction of C$80,369.87. Also, Senior Officer Geoffrey Peters Gold sold 99,347 shares of the business’s 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. Insiders sold a total of 349,670 shares of company stock valued at $5,366,186 in the last three months. 0.26% of the stock is currently owned by company insiders.

About Kinross Gold

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.