Newmont (NYSE:NEM) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Newmont (NYSE:NEM) from a hold rating to a buy rating in a research report sent to investors on Sunday.

Several other research firms have also recently weighed in on NEM. Raymond James Financial lifted their price target on Newmont from $111.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. Macquarie Infrastructure upped their price objective on Newmont from $115.00 to $126.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Zacks Research upgraded Newmont from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Argus lifted their target price on Newmont from $75.00 to $94.00 in a report on Friday, November 21st. Finally, Sanford C. Bernstein raised shares of Newmont from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $121.00 to $157.00 in a research report on Friday, February 27th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $134.15.

Newmont Stock Up 0.2%

Shares of NEM opened at $116.37 on Friday. The firm has a market cap of $126.60 billion, a P/E ratio of 18.21, a price-to-earnings-growth ratio of 0.92 and a beta of 0.39. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.02 and a current ratio of 2.29. Newmont has a 52 week low of $42.03 and a 52 week high of $134.88. The firm’s 50-day simple moving average is $117.25 and its 200 day simple moving average is $97.14.

Newmont (NYSE:NEM) last issued its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.71. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The firm had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.18 billion. During the same period last year, the business posted $1.40 earnings per share. The business’s revenue for the quarter was up 20.6% compared to the same quarter last year. On average, analysts forecast that Newmont will post 3.45 earnings per share for the current year.

Newmont Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Tuesday, March 3rd will be given a dividend of $0.26 per share. The ex-dividend date is Tuesday, March 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.9%. This is a positive change from Newmont’s previous quarterly dividend of $0.25. Newmont’s dividend payout ratio (DPR) is 16.28%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. GoalVest Advisory LLC bought a new position in shares of Newmont in the fourth quarter worth about $25,000. Swiss RE Ltd. bought a new stake in shares of Newmont during the 4th quarter valued at approximately $26,000. Cornerstone Planning Group LLC grew its holdings in shares of Newmont by 312.1% during the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 206 shares during the last quarter. Lodestone Wealth Management LLC acquired a new position in Newmont during the 4th quarter worth approximately $28,000. Finally, Laurel Wealth Advisors LLC acquired a new position in Newmont during the 4th quarter worth approximately $30,000. Institutional investors own 68.85% of the company’s stock.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Zacks upgraded NEM to a Zacks Rank #1 (Strong Buy), which typically attracts buying interest and can lift near-term sentiment among retail and model-driven investors. Newmont (NEM) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Zacks Research has raised near-term EPS estimates for Newmont (Q3 and Q4 2026), lifting fundamentals expectations—this supports higher earnings-per-share forecasts and improves the stock’s forward valuation (consensus full-year EPS ~ $3.45).
• Positive Sentiment: Citigroup raised its price target on NEM to $150, signaling bullish conviction from a major bank and giving investors a higher upside reference point. Citigroup Increases Newmont (NYSE:NEM) Price Target to $150.00
• Positive Sentiment: Geopolitical tensions pushed gold toward record highs, a clear tailwind for gold miners’ revenues and margins—this macro driver supports Newmont’s commodity-linked upside. With Iran Sending Gold Over $5,000, the Best Gold Stocks and ETFs to Buy Now
• Neutral Sentiment: Several pieces discuss whether Wall Street’s optimistic broker recommendations are meaningful; coverage may drive short-term flows but analysts’ consensus is mixed, so impact is uncertain. Is Newmont (NEM) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: TD Securities reduced its expectations for Newmont, which pressures sentiment from institutional investors and can weigh on short-term performance. TD Securities Has Lowered Expectations for Newmont (NYSE:NEM) Stock Price
• Negative Sentiment: Earlier analyst downgrades triggered a sharp intraday sell-off (reported trading down ~8% after a downgrade), creating lingering volatility and a stubborn headline risk. Newmont (NYSE:NEM) Trading Down 8% After Analyst Downgrade
• Negative Sentiment: Recent write-ups noted material intraday dips (around 2.7–2.8% in prior sessions), reflecting that selling pressure can reappear despite positive analyst notes. Why Newmont Corporation (NEM) Dipped More Than Broader Market Today

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.