Raymond James Has Bearish Outlook for Newmont Q2 Earnings

Newmont Co. (TSE:NGT) – Investment analysts at Raymond James reduced their Q2 2025 earnings per share (EPS) estimates for Newmont in a research note issued on Tuesday, November 19th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $1.15 per share for the quarter, down from their prior forecast of $1.20. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Raymond James also issued estimates for Newmont’s Q3 2025 earnings at $1.15 EPS and FY2025 earnings at $4.71 EPS.

Newmont (TSE:NGT) last issued its earnings results on Wednesday, October 23rd. The company reported C$1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.07 by C$0.04. The company had revenue of C$6.28 billion for the quarter, compared to analyst estimates of C$5.79 billion. Newmont had a negative net margin of 13.29% and a negative return on equity of 8.09%.

Several other brokerages have also recently commented on NGT. Cibc World Mkts cut shares of Newmont from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 28th. Scotiabank downgraded Newmont from a “strong-buy” rating to a “hold” rating in a report on Friday, October 25th. UBS Group cut Newmont from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 30th. Finally, Argus upgraded Newmont from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 29th. Four equities research analysts have rated the stock with a hold rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$68.00.

Newmont Trading Up 0.6 %

Shares of TSE NGT opened at C$60.45 on Friday. Newmont has a fifty-two week low of C$39.96 and a fifty-two week high of C$81.16. The firm has a market capitalization of C$69.52 billion, a P/E ratio of -15.95, a P/E/G ratio of 1.43 and a beta of 0.51. The company has a debt-to-equity ratio of 31.20, a current ratio of 2.11 and a quick ratio of 1.77. The company’s 50 day simple moving average is C$69.57 and its 200 day simple moving average is C$64.99.

Newmont Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Wednesday, November 27th will be paid a dividend of $0.338 per share. This represents a $1.35 annualized dividend and a yield of 2.24%. The ex-dividend date is Wednesday, November 27th. Newmont’s payout ratio is presently -35.62%.

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.