Zacks Research Forecasts Kinross Gold’s Q2 Earnings (TSE:K)

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Equities researchers at Zacks Research lifted their Q2 2026 earnings estimates for Kinross Gold in a note issued to investors on Wednesday, May 13th. Zacks Research analyst Team now anticipates that the company will earn $0.96 per share for the quarter, up from their previous estimate of $0.93. 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 Q4 2026 earnings at $0.85 EPS, FY2026 earnings at $3.82 EPS, Q1 2027 earnings at $1.03 EPS, Q2 2027 earnings at $0.98 EPS, Q4 2027 earnings at $0.90 EPS and FY2028 earnings at $3.81 EPS.

Several other equities research analysts also recently weighed in on K. Stifel Nicolaus increased their target price on shares of Kinross Gold from C$45.00 to C$65.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Royal Bank Of Canada raised shares of Kinross Gold from a “hold” rating to a “moderate buy” rating in a research note on Thursday, March 12th. BMO Capital Markets raised their price target on shares of Kinross Gold from C$45.00 to C$55.00 in a research note on Wednesday, April 22nd. ATB Cormark Capital Markets raised shares of Kinross Gold from a “hold” rating to a “moderate buy” rating and set a C$56.00 price target on the stock in a research note on Friday, May 1st. Finally, National Bank Financial reduced their price target on shares of Kinross Gold from C$60.00 to C$57.50 and set an “outperform” rating on the stock in a research note on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of C$52.42.

Kinross Gold Trading Down 1.1%

Shares of K opened at C$42.41 on Friday. Kinross Gold has a twelve month low of C$18.59 and a twelve month high of C$53.57. The company has a market cap of C$50.64 billion, a P/E ratio of 18.05, a P/E/G ratio of -0.60 and a beta of 1.47. The company has a current ratio of 2.84, a quick ratio of 1.11 and a debt-to-equity ratio of 8.12. The company’s fifty day simple moving average is C$43.05 and its 200-day simple moving average is C$41.97.

Kinross Gold (TSE:K) (NYSE:KGC) last announced its earnings results on Wednesday, April 29th. The company reported C$0.99 earnings per share for the quarter. Kinross Gold had a net margin of 36.03% and a return on equity of 34.63%. The business had revenue of C$3.35 billion for the quarter.

Insider Activity

In related news, insider Claude J.S. Schimper sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of C$41.96, for a total value of C$419,600.00. Following the transaction, the insider owned 64,060 shares of the company’s stock, valued at C$2,687,957.60. This trade represents a 13.50% decrease in their position. Also, insider Afjal Hashim sold 16,980 shares of the firm’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of C$37.20, for a total transaction of C$631,656.00. Following the completion of the transaction, the insider directly owned 28,306 shares in the company, valued at C$1,052,983.20. This represents a 37.50% decrease in their position. Company insiders own 0.26% of the company’s stock.

About Kinross Gold

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.