Q1 EPS Estimates for Kinross Gold Cut by Raymond James

Kinross Gold Co. (NYSE:KGC) (TSE:K) – Analysts at Raymond James lowered their Q1 2025 earnings per share (EPS) estimates for shares of Kinross Gold in a research report issued to clients and investors on Tuesday, March 4th. Raymond James analyst F. Hamed now expects that the mining company will post earnings per share of $0.14 for the quarter, down from their previous forecast of $0.18. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share. Raymond James also issued estimates for Kinross Gold’s Q2 2025 earnings at $0.14 EPS, Q3 2025 earnings at $0.13 EPS, Q4 2025 earnings at $0.13 EPS and FY2025 earnings at $0.54 EPS.

Kinross Gold (NYSE:KGC) (TSE:K) last announced 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 net margin of 18.43% and a return on equity of 12.65%.

Several other research firms also recently issued reports on KGC. StockNews.com downgraded Kinross Gold from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 25th. CIBC increased their target price on shares of Kinross Gold from $13.00 to $14.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Kinross Gold currently has a consensus rating of “Moderate Buy” and an average target price of $11.63.

Kinross Gold Stock Performance

KGC stock opened at $11.45 on Thursday. Kinross Gold has a 12-month low of $5.24 and a 12-month high of $12.28. The company has a quick ratio of 0.83, a current ratio of 2.01 and a debt-to-equity ratio of 0.18. The business has a 50 day moving average of $10.77 and a 200-day moving average of $10.05. The firm has a market cap of $14.07 billion, a PE ratio of 14.87, a P/E/G ratio of 0.68 and a beta of 1.24.

Kinross Gold Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.03 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.12 annualized dividend and a dividend yield of 1.05%. Kinross Gold’s payout ratio is 15.58%.

Hedge Funds Weigh In On Kinross Gold

Several hedge funds and other institutional investors have recently modified their holdings of the company. Capstone Investment Advisors LLC bought a new position in Kinross Gold in the 3rd quarter worth $774,000. Mediolanum International Funds Ltd bought a new position in Kinross Gold in the 4th quarter worth $2,506,000. International Assets Investment Management LLC bought a new position in Kinross Gold in the 3rd quarter worth $780,000. Geode Capital Management LLC increased its stake in Kinross Gold by 16.9% in the 3rd 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 in the last quarter. Finally, Truist Financial Corp increased its stake in Kinross Gold by 48.2% in the 4th quarter. Truist Financial Corp now owns 302,057 shares of the mining company’s stock worth $2,800,000 after buying an additional 98,196 shares in the last quarter. 63.69% of the stock is owned by institutional investors.

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.