Q3 EPS Estimates for Kinross Gold Boosted by Zacks Research

Kinross Gold Corporation (NYSE:KGC) (TSE:K) – Equities researchers at Zacks Research raised their Q3 2026 earnings estimates for Kinross Gold in a report released on Monday, March 2nd. Zacks Research analyst Team now expects that the mining company will post earnings per share of $0.61 for the quarter, up from their previous forecast of $0.48. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share. Zacks Research also issued estimates for Kinross Gold’s Q3 2027 earnings at $0.57 EPS and FY2028 earnings at $2.61 EPS.

Kinross Gold (NYSE:KGC) (TSE:K) last announced its earnings results on Wednesday, February 18th. The mining company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.12. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.05 billion. Kinross Gold had a net margin of 33.90% and a return on equity of 28.22%. The business’s quarterly revenue was up 42.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.20 earnings per share.

KGC has been the subject of several other reports. Scotiabank raised their target price on Kinross Gold from $32.00 to $45.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Jefferies Financial Group reissued a “buy” rating and issued a $33.00 price target on shares of Kinross Gold in a report on Sunday, December 7th. Canadian Imperial Bank of Commerce set a $54.00 price objective on Kinross Gold in a report on Wednesday, February 4th. UBS Group set a $43.00 target price on Kinross Gold in a research report on Friday, January 30th. Finally, Weiss Ratings reissued a “buy (a)” rating on shares of Kinross Gold in a research report on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Kinross Gold currently has a consensus rating of “Moderate Buy” and an average price target of $34.81.

Kinross Gold Stock Performance

Kinross Gold stock opened at $36.77 on Tuesday. Kinross Gold has a 12-month low of $10.42 and a 12-month high of $39.11. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.35 and a quick ratio of 1.37. The company has a market capitalization of $44.12 billion, a price-to-earnings ratio of 18.76, a price-to-earnings-growth ratio of 1.86 and a beta of 0.73. The firm’s fifty day moving average price is $33.15 and its 200 day moving average price is $27.44.

Institutional Investors Weigh In On Kinross Gold

Institutional investors have recently made changes to their positions in the company. Caitlin John LLC bought a new position in Kinross Gold during the third quarter worth $26,000. V Square Quantitative Management LLC acquired a new stake in shares of Kinross Gold during the fourth quarter worth $26,000. Financial Management Professionals Inc. bought a new position in shares of Kinross Gold in the 4th quarter worth about $26,000. Virtus Advisers LLC acquired a new position in shares of Kinross Gold in the 3rd quarter valued at about $28,000. Finally, GPS Wealth Strategies Group LLC acquired a new position in shares of Kinross Gold in the 3rd quarter valued at about $29,000. 63.69% of the stock is currently owned by institutional investors.

Kinross Gold Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This represents a $0.16 dividend on an annualized basis and a yield of 0.4%. This is a boost from Kinross Gold’s previous quarterly dividend of $0.04. Kinross Gold’s dividend payout ratio (DPR) is 7.14%.

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.