Zacks Research Has Bearish Estimate for Newmont Q3 Earnings

Newmont Co. (TSE:NGT) – Stock analysts at Zacks Research decreased their Q3 2025 earnings per share estimates for Newmont in a note issued to investors on Tuesday, November 5th. Zacks Research analyst A. Barman now expects that the company will earn $1.27 per share for the quarter, down from their previous estimate of $1.38. The consensus estimate for Newmont’s current full-year earnings is $5.51 per share. Zacks Research also issued estimates for Newmont’s FY2026 earnings at $5.88 EPS.

Newmont (TSE:NGT) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported C$1.11 EPS for the quarter, topping analysts’ consensus estimates of C$1.07 by C$0.04. The firm had revenue of C$6.28 billion during the quarter, compared to analysts’ expectations of C$5.79 billion. Newmont had a negative return on equity of 8.09% and a negative net margin of 13.29%.

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

Newmont Price Performance

The stock has a market cap of C$72.01 billion, a price-to-earnings ratio of -16.50, a PEG ratio of 1.43 and a beta of 0.51. The company has a current ratio of 2.11, a quick ratio of 1.77 and a debt-to-equity ratio of 31.20. Newmont has a 52 week low of C$39.96 and a 52 week high of C$81.16. The business’s fifty day simple moving average is C$71.72 and its two-hundred day simple moving average is C$64.71.

Newmont Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Wednesday, November 27th will be given a dividend of $0.338 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.35 dividend on an annualized basis and a dividend yield of ∞. Newmont’s payout ratio is currently -35.62%.

About Newmont

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.