Q3 EPS Estimates for Kinross Gold Cut by Zacks Research

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Zacks Research cut their Q3 2026 EPS estimates for Kinross Gold in a research note issued to investors on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.79 for the quarter, down from their prior forecast of $1.04. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share. Zacks Research also issued estimates for Kinross Gold’s FY2026 earnings at $3.63 EPS, Q1 2027 earnings at $0.88 EPS, Q2 2027 earnings at $0.88 EPS, Q3 2027 earnings at $0.79 EPS, Q4 2027 earnings at $0.87 EPS, FY2027 earnings at $3.43 EPS and FY2028 earnings at $3.26 EPS.

Kinross Gold (TSE:K) (NYSE:KGC) last released its quarterly earnings results on Wednesday, July 29th. The company reported C$1.01 earnings per share (EPS) for the quarter. Kinross Gold had a net margin of 37.56% and a return on equity of 35.91%. The business had revenue of C$3.18 billion for the quarter.

K has been the topic of a number of other research reports. Jefferies Financial Group cut their target price on Kinross Gold from C$41.00 to C$38.00 in a research report on Monday, July 6th. National Bank Financial lowered their price target on Kinross Gold from C$50.00 to C$47.50 and set an “outperform” rating for the company in a research report on Friday, July 31st. ATB Cormark Capital Markets raised Kinross Gold from a “hold” rating to a “moderate buy” rating and lifted their price objective for the company from C$41.00 to C$45.00 in a research note on Friday, July 31st. Finally, Freedom Capital upgraded Kinross Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of C$47.36.

Kinross Gold Stock Performance

TSE:K opened at C$43.38 on Friday. The company has a debt-to-equity ratio of 7.65, a quick ratio of 1.11 and a current ratio of 2.89. The stock has a market capitalization of C$51.46 billion, a P/E ratio of 16.49, a PEG ratio of -0.60 and a beta of 1.48. The company has a 50 day moving average price of C$35.30 and a 200 day moving average price of C$40.26. Kinross Gold has a fifty-two week low of C$26.45 and a fifty-two week high of C$53.57.

Insider Buying and Selling at Kinross Gold

In other news, insider Daniel Fombonne sold 2,003 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of C$38.48, for a total value of C$77,075.44. Following the completion of the transaction, the insider owned 16,155 shares of the company’s stock, valued at approximately C$621,644.40. This trade represents a 11.03% decrease in their ownership of the stock. Also, insider Claude J.S. Schimper sold 15,000 shares of Kinross Gold stock in a transaction that occurred on Monday, May 25th. The shares were sold at an average price of C$40.33, for a total transaction of C$604,950.00. Following the completion of the transaction, the insider owned 49,060 shares of the company’s stock, valued at C$1,978,589.80. This trade represents a 23.42% decrease in their position. In the last three months, insiders sold 60,338 shares of company stock worth $2,442,376. 0.26% of the stock is owned by company insiders.

Trending Headlines about Kinross Gold

Here are the key news stories impacting Kinross Gold this week:

• Positive Sentiment: Gold’s potential to reach $5,000 by 2027 could benefit Kinross as a major gold producer, supporting expectations for stronger realized prices, cash flow and margins. Gold Could Hit $5000 by 2027 and These Gold Stocks Could Benefit
• Positive Sentiment: Kinross continues to have supportive operating fundamentals, including a 37.56% net margin, 35.91% return on equity and C$3.18 billion in quarterly revenue. The analyst consensus remains “Buy,” with one Strong Buy and five Buy ratings.
• Neutral Sentiment: Analyst opinions remain split: some firms have raised their ratings or targets, including ATB Cormark’s C$45 target, while Jefferies and National Bank Financial recently lowered their targets to C$38 and C$47.50, respectively.
• Negative Sentiment: Zacks Research cut its Q3 2026 EPS estimate to $0.79 from $1.04 and reduced FY2026 EPS to $3.63 from $3.82. It also lowered estimates for every reported 2027 quarter, FY2027 to $3.43 from $3.88, and FY2028 to $3.26 from $3.81. The revisions suggest analysts expect weaker-than-previously-modeled earnings growth.
• Negative Sentiment: Kinross insider William Dunford sold 30,000 shares for approximately C$1.22 million, reducing his direct holdings by 52.29%. Although one insider transaction is not conclusive, the sizable sale may add short-term selling pressure. William Dunford Sells 30,000 Shares of Kinross Gold

Kinross Gold Company Profile

Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia. The company has historically used acquisitions to fuel expansion into new regions and production growth.