Kinross Gold (NYSE:KGC) Releases Quarterly Earnings Results

Kinross Gold (NYSE:KGC) (TSE:K) released its quarterly earnings data on Wednesday. The mining company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.68 by $0.03, Zacks reports. Kinross Gold had a net margin of 35.99% and a return on equity of 33.53%. The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.38 billion. During the same period in the previous year, the company earned $0.30 earnings per share. The company’s quarterly revenue was up 60.8% on a year-over-year basis.

Kinross Gold Price Performance

KGC traded down $0.66 on Friday, hitting $29.59. 6,110,849 shares of the stock were exchanged, compared to its average volume of 10,887,526. Kinross Gold has a 12 month low of $13.28 and a 12 month high of $39.11. The business has a 50-day moving average of $32.10 and a two-hundred day moving average of $30.06. 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 firm has a market capitalization of $35.33 billion, a price-to-earnings ratio of 12.54, a PEG ratio of 1.42 and a beta of 0.82.

Kinross Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $0.16 annualized dividend and a yield of 0.5%. Kinross Gold’s dividend payout ratio is currently 6.78%.

More Kinross Gold News

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

• Positive Sentiment: Record Q1 free cash flow and strong earnings — Kinross reported roughly US$837.5M of attributable free cash flow in Q1 and net income near US$843M (EPS ~US$0.70–0.71), signaling robust cash generation and margin expansion. Kinross Gold (TSX:K) Is Down 6.3% After Record Q1 Free Cash Flow And Payouts To Shareholders
• Positive Sentiment: Return of capital ramped up — the company declared a US$0.04 quarterly dividend and executed significant buybacks (about US$250.1M in Q1), returning roughly US$350M YTD and ~US$1B since Q1 2025. That supports shareholder yield and capital allocation credibility. Kinross declares quarterly dividend
• Positive Sentiment: Analyst and institutional interest — Stifel maintained a Buy rating with a C$65 target, and Goldman Sachs has highlighted Kinross as a top gold-stock pick, which supports continued analyst backing. Kinross Gold Maintained at Buy at Stifel Canada Following Q1 Results; Price Target Kept at C$65.00
• Neutral Sentiment: Corporate governance/AGM — directors were re-elected with strong shareholder support at the April 30 meeting (routine corporate update with no immediate operational impact). Kinross announces Annual Shareholder Meeting voting results
• Neutral Sentiment: Full Q1 disclosure and slides available — the company posted its earnings presentation and call materials for investor review (useful for modeling guidance and project updates). Kinross Gold Corporation 2026 Q1 – Results – Earnings Call Presentation
• Negative Sentiment: Market reaction — despite the strong cash flow and buybacks, shares fell (sell-the-news/profit-taking appears to be driving the drop). Some outlets noted revenue essentially flat to estimates (~US$2.37B vs. ~US$2.38B), which may have tempered enthusiasm. Kinross Gold (TSX:K) Is Down 6.3% After Record Q1 Free Cash Flow And Payouts To Shareholders

Institutional Investors Weigh In On Kinross Gold

A number of hedge funds have recently made changes to their positions in KGC. Parallel Advisors LLC increased its position in shares of Kinross Gold by 3.2% during the fourth quarter. Parallel Advisors LLC now owns 9,310 shares of the mining company’s stock worth $262,000 after buying an additional 292 shares during the period. Schonfeld Strategic Advisors LLC increased its position in shares of Kinross Gold by 2.1% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 22,569 shares of the mining company’s stock worth $636,000 after buying an additional 473 shares during the period. Laird Norton Wetherby Wealth Management LLC increased its position in shares of Kinross Gold by 2.1% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 25,309 shares of the mining company’s stock worth $629,000 after buying an additional 521 shares during the period. Harvest Fund Management Co. Ltd increased its position in shares of Kinross Gold by 85.2% during the third quarter. Harvest Fund Management Co. Ltd now owns 1,280 shares of the mining company’s stock worth $32,000 after buying an additional 589 shares during the period. Finally, Evergreen Capital Management LLC increased its position in shares of Kinross Gold by 1.1% during the second quarter. Evergreen Capital Management LLC now owns 56,135 shares of the mining company’s stock worth $877,000 after buying an additional 593 shares during the period. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Canadian Imperial Bank of Commerce set a $54.00 price objective on shares of Kinross Gold in a report on Wednesday, February 4th. Scotiabank upped their price objective on shares of Kinross Gold from $32.00 to $45.00 and gave the company an “outperform” rating in a report on Monday, January 26th. Wall Street Zen downgraded shares of Kinross Gold from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 25th. Royal Bank Of Canada upgraded shares of Kinross Gold from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from $36.00 to $45.00 in a report on Thursday, March 12th. Finally, Weiss Ratings restated a “buy (a)” rating on shares of Kinross Gold in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $38.81.

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.