Kinross Gold Corporation (NYSE:KGC) Stock Rated “Moderate Buy” by Sell-Side Analysts

Kinross Gold Corporation (NYSE:KGC) (TSE:K) has been given an average recommendation of “Moderate Buy” by the sixteen brokerages that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, twelve have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $38.10.

Several research firms have weighed in on KGC. ATB Cormark Capital Markets upgraded shares of Kinross Gold from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 31st. Royal Bank Of Canada reduced their price objective on Kinross Gold from $40.00 to $39.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Canaccord Genuity Group decreased their target price on Kinross Gold from $52.00 to $47.00 and set a “buy” rating on the stock in a report on Thursday. Jefferies Financial Group lowered 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. Finally, Scotiabank cut their price target on Kinross Gold from $41.00 to $39.00 and set an “outperform” rating for the company in a report on Thursday.

Kinross Gold Trading Down 11.7%

Shares of NYSE:KGC opened at $24.39 on Friday. The stock’s 50-day simple moving average is $27.66 and its two-hundred day simple moving average is $28.35. The stock has a market capitalization of $28.89 billion, a price-to-earnings ratio of 9.24, a PEG ratio of 0.70 and a beta of 0.84. Kinross Gold has a 52-week low of $22.01 and a 52-week high of $39.11. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.95 and a current ratio of 2.89.

Kinross Gold (NYSE:KGC) (TSE:K) last released its quarterly earnings results on Wednesday, July 29th. The mining company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.66 by $0.05. The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.24 billion. Kinross Gold had a net margin of 37.52% and a return on equity of 34.00%. The business’s revenue for the quarter was up 29.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.44 EPS. Analysts expect that Kinross Gold will post 2.61 EPS for the current year.

Kinross Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th were given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, August 20th. Kinross Gold’s payout ratio is presently 6.06%.

Institutional Investors Weigh In On Kinross Gold

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Caitlin John LLC boosted its position in Kinross Gold by 42.1% during the second quarter. Caitlin John LLC now owns 1,350 shares of the mining company’s stock valued at $32,000 after purchasing an additional 400 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. boosted its holdings in shares of Kinross Gold by 0.4% in the 2nd quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. now owns 141,100 shares of the mining company’s stock valued at $3,329,000 after buying an additional 500 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of Kinross Gold by 80.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,355 shares of the mining company’s stock worth $41,000 after buying an additional 605 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in shares of Kinross Gold by 6.8% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 10,137 shares of the mining company’s stock worth $309,000 after acquiring an additional 645 shares in the last quarter. Finally, Baron Wealth Management LLC raised its stake in shares of Kinross Gold by 3.1% during the 2nd quarter. Baron Wealth Management LLC now owns 21,941 shares of the mining company’s stock worth $518,000 after acquiring an additional 653 shares in the last quarter. 63.69% of the stock is owned by hedge funds and other institutional investors.

Kinross Gold News Roundup

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

• Positive Sentiment: Kinross raised its 2026 return-of-capital target to 50% of free cash flow, signaling a greater planned allocation of cash to dividends, buybacks, or other shareholder distributions. Kinross Gold Updates Production Outlook, Raises Capital Return Target
• Positive Sentiment: Jefferies maintained a Buy rating, saying a meaningful portion of the affected production appears deferred rather than permanently lost. Paracatu and Tasiast were also reported to be performing well. Kinross Gold shares tumble on weaker La Coipa, Round Mountain outlook
• Neutral Sentiment: Options activity was unusually high, with investors purchasing 17,609 call options, roughly 183% above average volume. This may reflect speculative interest but does not establish a clear directional outlook.
• Negative Sentiment: Kinross now expects annual 2026 and 2027 attributable production of approximately 1.84 million to 1.86 million gold-equivalent ounces, or 2% to 3% below the low end of its previous guidance. La Coipa was affected by severe winter weather, lower mining rates, throughput and recovery issues, while Round Mountain faced lower mining rates, grades, and recoveries. Kinross provides operational and return of capital update
• Negative Sentiment: The company also raised its 2026 cost guidance to approximately $1,420–$1,460 per ounce for production cost of sales and $1,850–$1,900 per ounce for all-in sustaining costs. Lower expected output and higher costs threaten near-term earnings and cash-flow estimates. Kinross Gold Falls as Production Outlook Is Cut and Cost Guidance Rises
• Negative Sentiment: Scotiabank, TD Securities, and Canaccord lowered their price targets, although all retained favorable ratings. A separate investor notice announced a potential securities-law investigation following the guidance cut, adding uncertainty and headline risk. Kinross Gold Stock Falls on Production Guidance Cuts and Price Target Reduction

About Kinross Gold

Kinross Gold Corporation is a Canadian gold mining company engaged in the acquisition, exploration, development and operation of gold properties. Its primary product is gold, which it produces through a portfolio of open-pit and underground mining operations, supported by processing facilities and related infrastructure.

The company’s operating portfolio spans the Americas and West Africa. Its assets include the Tasiast mine in Mauritania; the Paracatu mine in Brazil; the La Coipa mine in Chile; and the Fort Knox and Round Mountain mines in the United States.