Analysts Offer Predictions for Kinross Gold FY2026 Earnings

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Stock analysts at Scotiabank reduced their FY2026 earnings per share estimates for Kinross Gold in a report issued on Friday, September 25th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings of $3.34 per share for the year, down from their prior estimate of $3.72. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share.

Several other analysts also recently issued reports on K. National Bank Financial reduced their price target on Kinross Gold from C$50.00 to C$47.50 and set an “outperform” rating for the company in a research note on Friday, July 31st. Jefferies Financial Group reduced their price target on shares of Kinross Gold from C$41.00 to C$38.00 in a research report on Monday, July 6th. BMO Capital Markets reduced their price objective on Kinross Gold from C$49.00 to C$48.00 and set an “outperform” rating on the stock in a research note on Thursday, September 24th. Desjardins decreased their target price on shares of Kinross Gold from C$58.00 to C$53.00 and set a “buy” rating on the stock in a research note on Thursday, September 24th. Finally, ATB Cormark Capital Markets upgraded Kinross Gold from a “hold” rating to a “moderate buy” rating and boosted their price target for the stock from C$41.00 to C$45.00 in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of C$47.64.

Kinross Gold Trading Up 1.0%

Shares of TSE:K opened at C$34.46 on Monday. Kinross Gold has a 52-week low of C$30.93 and a 52-week high of C$53.57. The company has a market capitalization of C$41.15 billion, a P/E ratio of 13.10, a price-to-earnings-growth ratio of -0.60 and a beta of 1.68. The company has a 50-day simple moving average of C$38.68 and a 200 day simple moving average of C$39.17. The company has a debt-to-equity ratio of 7.65, a quick ratio of 1.11 and a current ratio of 2.89.

Kinross Gold (TSE:K) (NYSE:KGC) last issued its quarterly earnings results on Wednesday, July 29th. The company reported C$1.01 EPS for the quarter. Kinross Gold had a return on equity of 35.91% and a net margin of 37.56%.The company had revenue of C$3.18 billion for the quarter.

Insider Transactions at Kinross Gold

In related news, insider William D. Dunford sold 30,000 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of C$40.77, for a total value of C$1,223,100.00. Following the completion of the sale, the insider directly owned 27,374 shares of the company’s stock, valued at approximately C$1,116,037.98. This represents a 52.29% decrease in their position. Also, insider Daniel Fombonne sold 2,003 shares of the stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of C$38.48, for a total transaction of C$77,075.44. Following the completion of the sale, the insider owned 16,155 shares of the company’s stock, valued at approximately C$621,644.40. This trade represents a 11.03% decrease in their position. Insiders sold a total of 33,338 shares of company stock valued at $1,351,546 over the last ninety days. 0.26% of the stock is currently owned by insiders.

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.