Kinross Gold (NYSE:KGC) Issues Quarterly Earnings Results

Kinross Gold (NYSE:KGC) (TSE:K) released its earnings results on Wednesday. The mining company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.05, Zacks reports. Kinross Gold had a return on equity of 32.47% and a net margin of 35.99%.The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the prior year, the firm posted $0.44 earnings per share. The company’s quarterly revenue was up 29.5% on a year-over-year basis.

Kinross Gold Stock Down 0.6%

KGC traded down $0.14 during trading on Thursday, hitting $23.07. The company had a trading volume of 4,538,575 shares, compared to its average volume of 9,711,687. The company has a market capitalization of $27.36 billion, a PE ratio of 9.78, a PEG ratio of 0.63 and a beta of 0.78. The company has a quick ratio of 1.83, a current ratio of 2.84 and a debt-to-equity ratio of 0.08. Kinross Gold has a one year low of $15.78 and a one year high of $39.11. The firm’s 50-day moving average price is $25.46 and its 200 day moving average price is $30.03.

Kinross Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be issued 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 is Thursday, August 20th. Kinross Gold’s dividend payout ratio (DPR) is presently 6.78%.

Trending Headlines about Kinross Gold

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

• Positive Sentiment: Q2 earnings exceeded expectations. Kinross reported adjusted earnings of $0.71 per share, up from $0.44 a year earlier and above the $0.66 analyst consensus. Revenue increased 29.5% year over year to $2.22 billion, while disciplined cost control helped support robust margins. Kinross reports strong 2026 second-quarter results
• Positive Sentiment: Cash generation and shareholder returns were strong. The company generated more than $725 million in free cash flow during the quarter and said it has returned approximately 40% of free cash flow—more than $600 million year to date—to shareholders. Kinross reports strong 2026 second-quarter results
• Positive Sentiment: Lobo-Marte offers significant future production potential. Kinross expects the project to produce approximately 350,000 ounces of gold annually at a low estimated all-in sustaining cost of about $1,000 per ounce. The project has an estimated net present value of $4.3 billion, with permitting, engineering and execution planning advancing as scheduled. Kinross provides update on Lobo-Marte project
• Neutral Sentiment: The quarterly dividend was maintained at US$0.04 per share. It is payable September 3 to shareholders of record August 20, representing an annualized yield of approximately 0.7%. The payout supports income investors but is unlikely to be a major short-term catalyst. Kinross declares quarterly dividend
• Negative Sentiment: Revenue fell slightly short of forecasts. Quarterly revenue of $2.22 billion missed the $2.24 billion consensus estimate by roughly 1.0%. That shortfall, along with potential profit-taking after the earnings beat, may be limiting the stock’s immediate reaction despite otherwise favorable operating results. Kinross Gold Q2 earnings surpass estimates

Analyst Ratings Changes

KGC has been the topic of a number of analyst reports. Weiss Ratings downgraded shares of Kinross Gold from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday. Wall Street Zen cut shares of Kinross Gold from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 24th. Zacks Research lowered shares of Kinross Gold from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. UBS Group lowered their price objective on shares of Kinross Gold from $38.00 to $30.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Finally, Scotiabank dropped their price objective on Kinross Gold from $45.00 to $41.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $37.31.

Institutional Investors Weigh In On Kinross Gold

A number of hedge funds and other institutional investors have recently bought and sold shares of KGC. AQR Capital Management LLC grew its position in Kinross Gold by 4,443.4% in the fourth quarter. AQR Capital Management LLC now owns 6,738,699 shares of the mining company’s stock valued at $189,808,000 after purchasing an additional 6,590,380 shares in the last quarter. Man Group plc boosted its stake in shares of Kinross Gold by 47.8% during the 2nd quarter. Man Group plc now owns 16,739,969 shares of the mining company’s stock worth $261,646,000 after buying an additional 5,411,491 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Kinross Gold by 81.2% during the 2nd quarter. Bank of America Corp DE now owns 8,073,665 shares of the mining company’s stock worth $126,191,000 after buying an additional 3,617,320 shares during the last quarter. Zurich Insurance Group Ltd FI bought a new position in shares of Kinross Gold in the 3rd quarter valued at about $74,996,000. Finally, Mackenzie Financial Corp increased its position in shares of Kinross Gold by 24.8% in the fourth quarter. Mackenzie Financial Corp now owns 14,609,847 shares of the mining company’s stock valued at $417,090,000 after acquiring an additional 2,898,609 shares during the last quarter. Institutional investors and hedge funds own 63.69% of the company’s stock.

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.