Newmont (NYSE:NEM) Announces Earnings Results, Beats Estimates By $0.83 EPS

Newmont (NYSE:NEM) posted its quarterly earnings results on Thursday. The basic materials company reported $2.90 EPS for the quarter, beating analysts’ consensus estimates of $2.07 by $0.83, FiscalAI reports. The business had revenue of $7.31 billion during the quarter, compared to the consensus estimate of $6.83 billion. Newmont had a return on equity of 23.28% and a net margin of 31.25%.

Newmont Trading Down 0.8%

Shares of NYSE:NEM traded down $0.86 during midday trading on Thursday, hitting $111.00. 8,798,501 shares of the stock were exchanged, compared to its average volume of 10,159,516. The stock has a market capitalization of $119.87 billion, a price-to-earnings ratio of 17.37, a P/E/G ratio of 0.84 and a beta of 0.46. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.02 and a current ratio of 2.29. The business’s 50-day moving average price is $114.89 and its 200 day moving average price is $104.40. Newmont has a 12 month low of $48.27 and a 12 month high of $134.88.

Newmont Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 3rd were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.9%. This is an increase from Newmont’s previous quarterly dividend of $0.25. The ex-dividend date was Tuesday, March 3rd. Newmont’s dividend payout ratio (DPR) is presently 16.28%.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Company reported blowout Q1 2026 results: ~1.3M attributable gold ounces, an all‑time record $3.1B in quarterly free cash flow, and declared a $0.261/share dividend; management also increased the share repurchase authorization — a clear cash-return signal to investors. Newmont Generates Record Quarterly Earnings and Free Cash Flow
• Positive Sentiment: Quarterly financial beat: EPS $2.90 vs. $2.07 expected and revenue $7.31B vs. $6.83B — strong margin (net margin ~31%) and ROE supporting valuation. View Press Release
• Positive Sentiment: Analyst upgrades/price‑target increases — BMO raised its PT to $140 (outperform) and Argus lifted its PT to $125 (buy), signaling institutional confidence in upside from current levels. BMO raises price target Argus raises price target
• Neutral Sentiment: Broader market/geopolitical headwinds are damping risk appetite (weaker futures, mixed equity tape), which can pressure commodity names even after company‑specific beats. Geopolitics Weigh on Sentiment
• Neutral Sentiment: Sector note: gold stocks are mixed as bullion faces competing macro forces; research/valuation pieces highlight both the strength from recent beats and near‑term cost/production variability. Assessing Newmont Valuation After Earnings Beats
• Negative Sentiment: Regulatory risk: Ghana reportedly directed Newmont (and AngloGold) to shift mining operations to local firms by December — this raises potential operational and political‑risk uncertainty for one of Newmont’s key jurisdictions. Ghana directs Newmont to shift mining ops to local firms
• Negative Sentiment: Some caution from sell‑side: TD Cowen and other outlets published more pessimistic/ lowered near‑term price expectations for NEM, which can blunt momentum despite the quarter’s strength. TD Cowen Has Lowered Expectations TD Issues Pessimistic Forecast

Analyst Ratings Changes

A number of research analysts recently commented on NEM shares. Argus boosted their price target on Newmont from $94.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday. Royal Bank Of Canada boosted their target price on Newmont from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 3rd. TD Cowen lowered their target price on Newmont from $118.00 to $116.00 and set a “hold” rating for the company in a research note on Tuesday. Canadian Imperial Bank of Commerce lowered their target price on Newmont from $177.00 to $176.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, Jefferies Financial Group boosted their target price on Newmont from $162.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $139.81.

Insider Activity

In related news, EVP Peter Toth sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $113.09, for a total value of $339,270.00. Following the sale, the executive vice president directly owned 52,315 shares in the company, valued at $5,916,303.35. This represents a 5.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider David James Fry sold 18,394 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $111.45, for a total value of $2,050,011.30. Following the completion of the sale, the insider owned 17,147 shares in the company, valued at $1,911,033.15. The trade was a 51.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 24,394 shares of company stock worth $2,713,281. Company insiders own 0.06% of the company’s stock.

Institutional Trading of Newmont

Institutional investors have recently added to or reduced their stakes in the stock. Swiss RE Ltd. bought a new stake in Newmont in the fourth quarter valued at approximately $26,000. JPL Wealth Management LLC bought a new stake in Newmont in the third quarter valued at approximately $27,000. Wilkerson Advisory Group LLC bought a new stake in Newmont in the fourth quarter valued at approximately $42,000. Kemnay Advisory Services Inc. bought a new stake in Newmont in the fourth quarter valued at approximately $43,000. Finally, Bank of Jackson Hole Trust boosted its holdings in Newmont by 130.0% in the fourth quarter. Bank of Jackson Hole Trust now owns 575 shares of the basic materials company’s stock valued at $57,000 after acquiring an additional 325 shares during the last quarter. 68.85% of the stock is currently owned by institutional investors.

Newmont Company Profile

Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.

Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.