Kinross Gold Co. Expected to Earn Q1 2025 Earnings of $0.30 Per Share (TSE:K)

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Equities research analysts at Raymond James lifted their Q1 2025 earnings per share estimates for Kinross Gold in a research note issued on Monday, September 23rd. Raymond James analyst F. Hamed now forecasts that the company will post earnings of $0.30 per share for the quarter, up from their prior forecast of $0.18. The consensus estimate for Kinross Gold’s current full-year earnings is $1.02 per share. Raymond James also issued estimates for Kinross Gold’s Q2 2025 earnings at $0.30 EPS, Q3 2025 earnings at $0.30 EPS, Q4 2025 earnings at $0.30 EPS and FY2025 earnings at $1.20 EPS.

Kinross Gold (TSE:K) (NYSE:KGC) last announced its earnings results on Wednesday, July 31st. The company reported C$0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.18 by C$0.01. Kinross Gold had a return on equity of 7.81% and a net margin of 10.91%. The business had revenue of C$1.67 billion for the quarter, compared to analyst estimates of C$1.39 billion.

Other analysts have also issued reports about the company. Eight Capital lifted their target price on Kinross Gold from C$15.00 to C$16.00 and gave the stock a “buy” rating in a research report on Wednesday, September 11th. Canaccord Genuity Group dropped their target price on Kinross Gold from C$17.00 to C$16.50 and set a “buy” rating on the stock in a research report on Friday, September 13th. Finally, National Bankshares lifted their target price on Kinross Gold from C$13.75 to C$16.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 17th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of C$14.60.

Kinross Gold Stock Down 3.2 %

Shares of TSE K opened at C$12.79 on Thursday. Kinross Gold has a 1 year low of C$5.91 and a 1 year high of C$13.70. The firm has a market cap of C$15.73 billion, a price-to-earnings ratio of 23.69, a PEG ratio of -0.60 and a beta of 1.24. The company has a debt-to-equity ratio of 31.89, a quick ratio of 1.11 and a current ratio of 1.27. The stock’s 50-day simple moving average is C$12.28 and its 200-day simple moving average is C$10.69.

Kinross Gold Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Investors of record on Thursday, August 22nd were issued a $0.041 dividend. This is a positive change from Kinross Gold’s previous quarterly dividend of $0.03. This represents a $0.16 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend was Thursday, August 22nd. Kinross Gold’s payout ratio is currently 29.63%.

Insider Activity at Kinross Gold

In related news, Senior Officer Claude J.S. Schimper sold 4,500 shares of the business’s stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of C$12.31, for a total value of C$55,395.00. In other news, Senior Officer Claude J.S. Schimper sold 4,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of C$12.31, for a total transaction of C$55,395.00. Also, Senior Officer David C. Shaver sold 4,663 shares of the company’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of C$13.17, for a total value of C$61,411.71. Insiders sold a total of 21,163 shares of company stock valued at $273,407 over the last three months. 0.27% of the stock is owned by insiders.

About Kinross Gold

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.