Zacks Research Has Negative Forecast for Newmont Q2 Earnings

Newmont Co. (NYSE:NEM) – Equities researchers at Zacks Research dropped their Q2 2025 earnings per share (EPS) estimates for shares of Newmont in a research report issued to clients and investors on Wednesday, March 5th. Zacks Research analyst A. Barman now expects that the basic materials company will earn $0.70 per share for the quarter, down from their prior forecast of $0.74. The consensus estimate for Newmont’s current full-year earnings is $3.45 per share. Zacks Research also issued estimates for Newmont’s Q3 2025 earnings at $0.71 EPS, Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.82 EPS, Q4 2026 earnings at $0.80 EPS and FY2027 earnings at $3.45 EPS.

Several other brokerages also recently weighed in on NEM. CLSA initiated coverage on Newmont in a report on Friday, November 29th. They set an “underperform” rating for the company. StockNews.com raised Newmont from a “hold” rating to a “buy” rating in a report on Monday, February 24th. JPMorgan Chase & Co. upgraded shares of Newmont from a “neutral” rating to an “overweight” rating in a research report on Tuesday, November 19th. Raymond James lowered their price objective on Newmont from $62.00 to $59.00 and set an “outperform” rating on the stock in a research report on Monday, November 25th. Finally, TD Securities decreased their price target on Newmont from $46.00 to $45.00 and set a “hold” rating on the stock in a report on Wednesday, February 26th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Newmont presently has a consensus rating of “Moderate Buy” and an average price target of $53.16.

Newmont Price Performance

Shares of NEM opened at $43.93 on Friday. The firm’s 50-day simple moving average is $42.41 and its two-hundred day simple moving average is $46.12. Newmont has a fifty-two week low of $33.29 and a fifty-two week high of $58.72. The stock has a market cap of $49.51 billion, a PE ratio of 14.99, a price-to-earnings-growth ratio of 0.41 and a beta of 0.52. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.73 and a current ratio of 1.96.

Newmont (NYSE:NEM) last released its earnings results on Thursday, February 20th. The basic materials company reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.29. Newmont had a net margin of 17.92% and a return on equity of 13.52%. The firm had revenue of $5.65 billion for the quarter, compared to the consensus estimate of $5.32 billion.

Institutional Investors Weigh In On Newmont

Institutional investors have recently made changes to their positions in the stock. Van ECK Associates Corp boosted its stake in shares of Newmont by 1.6% in the 4th quarter. Van ECK Associates Corp now owns 49,747,598 shares of the basic materials company’s stock valued at $1,851,606,000 after buying an additional 797,445 shares during the period. Geode Capital Management LLC raised its stake in Newmont by 5.2% during the 4th quarter. Geode Capital Management LLC now owns 24,697,779 shares of the basic materials company’s stock worth $919,484,000 after acquiring an additional 1,213,397 shares in the last quarter. Norges Bank purchased a new stake in shares of Newmont in the 4th quarter valued at about $626,074,000. Northern Trust Corp boosted its holdings in shares of Newmont by 11.5% in the fourth quarter. Northern Trust Corp now owns 12,742,155 shares of the basic materials company’s stock valued at $474,263,000 after acquiring an additional 1,309,177 shares during the period. Finally, Amundi grew its position in Newmont by 14.0% during the 4th quarter. Amundi now owns 12,302,579 shares of the basic materials company’s stock worth $481,400,000 after purchasing an additional 1,507,708 shares during the last quarter. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $40.00, for a total value of $120,000.00. Following the completion of the sale, the executive vice president now directly owns 82,596 shares in the company, valued at $3,303,840. The trade was a 3.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Bruce R. Brook sold 2,077 shares of Newmont stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $43.71, for a total value of $90,785.67. Following the completion of the sale, the director now owns 47,916 shares in the company, valued at approximately $2,094,408.36. The trade was a 4.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 33,231 shares of company stock worth $1,388,758 in the last 90 days. Insiders own 0.06% of the company’s stock.

Newmont Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 4th will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, March 4th. This represents a $1.00 dividend on an annualized basis and a yield of 2.28%. Newmont’s payout ratio is 34.13%.

Newmont Company Profile

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.