Zacks Research Has Positive View of Kinross Gold Q4 Earnings

Kinross Gold Corporation (NYSE:KGC) (TSE:K) – Investment analysts at Zacks Research boosted their Q4 2026 earnings per share (EPS) estimates for Kinross Gold in a note issued to investors on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the mining company will earn $0.64 per share for the quarter, up from their previous forecast of $0.62. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $2.63 per share. Zacks Research also issued estimates for Kinross Gold’s Q1 2028 earnings at $0.61 EPS and Q2 2028 earnings at $0.57 EPS.

A number of other equities analysts have also weighed in on the stock. Scotiabank cut their target price on shares of Kinross Gold from $45.00 to $41.00 and set a “sector outperform” rating for the company in a research report on Tuesday, July 14th. Royal Bank Of Canada reduced their price objective on shares of Kinross Gold from $40.00 to $39.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Jefferies Financial Group dropped their target price on Kinross Gold from $41.00 to $38.00 and set a “buy” rating on the stock in a research report on Monday, July 6th. ATB Cormark Capital Markets upgraded Kinross Gold from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 31st. Finally, UBS Group dropped their price objective on Kinross Gold from $38.00 to $30.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Kinross Gold has an average rating of “Moderate Buy” and an average price target of $38.43.

Kinross Gold Stock Up 10.4%

KGC stock opened at $29.93 on Thursday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.95 and a current ratio of 2.89. The company has a market capitalization of $35.50 billion, a price-to-earnings ratio of 11.34, a PEG ratio of 0.73 and a beta of 0.78. Kinross Gold has a fifty-two week low of $18.74 and a fifty-two week high of $39.11. The stock has a fifty day moving average of $24.97 and a 200-day moving average of $29.09.

Kinross Gold (NYSE:KGC) (TSE:K) last announced its quarterly earnings data on Wednesday, July 29th. The mining company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. Kinross Gold had a return on equity of 34.00% and a net margin of 37.52%.The firm had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same quarter in the prior year, the company earned $0.44 EPS. The business’s revenue for the quarter was up 29.5% on a year-over-year basis.

Kinross Gold Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 20th. Kinross Gold’s dividend payout ratio (DPR) is currently 6.06%.

Hedge Funds Weigh In On Kinross Gold

A number of hedge funds and other institutional investors have recently bought and sold shares of KGC. Norges Bank purchased a new stake in shares of Kinross Gold during the 4th quarter valued at $518,656,000. Man Group plc purchased a new position in Kinross Gold in the second quarter worth $298,152,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in Kinross Gold in the second quarter valued at $264,652,000. Legal & General Group Plc bought a new position in Kinross Gold in the second quarter valued at $244,762,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in Kinross Gold during the second quarter valued at about $222,974,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Kinross Gold Company Profile

Kinross Gold Corporation (NYSE: KGC) is a Toronto-based precious metals mining company primarily focused on the exploration, development and production of gold, with silver recovered as a by-product at some operations. The company’s activities span the full mining lifecycle, including discovery and resource delineation, mine construction and operation, ore processing, and eventual site reclamation and closure. Kinross sells refined gold produced at its processing facilities and manages associated logistics and processing arrangements to deliver metal to market.

Kinross operates a portfolio of producing mines and development projects across multiple regions, with a significant presence in the Americas and West Africa.