Newmont FY2025 EPS Increased by Raymond James Financial

Newmont Corporation (NYSE:NEM) – Analysts at Raymond James Financial boosted their FY2025 earnings estimates for shares of Newmont in a research report issued on Wednesday, July 2nd. Raymond James Financial analyst B. Macarthur now anticipates that the basic materials company will post earnings per share of $4.54 for the year, up from their prior estimate of $4.53. Raymond James Financial has a “Outperform” rating and a $66.00 price target on the stock. The consensus estimate for Newmont’s current full-year earnings is $3.45 per share. Raymond James Financial also issued estimates for Newmont’s Q1 2026 earnings at $1.06 EPS, Q2 2026 earnings at $1.07 EPS, Q3 2026 earnings at $1.09 EPS, Q4 2026 earnings at $1.13 EPS and FY2026 earnings at $4.35 EPS.

NEM has been the topic of several other research reports. BMO Capital Markets reaffirmed an “outperform” rating on shares of Newmont in a research note on Thursday, April 24th. UBS Group lifted their target price on shares of Newmont from $60.00 to $68.00 and gave the stock a “buy” rating in a research note on Thursday. Cfra Research raised shares of Newmont to a “strong-buy” rating in a research note on Friday, April 25th. Royal Bank Of Canada increased their price target on Newmont from $52.00 to $66.00 and gave the company a “sector perform” rating in a report on Wednesday, June 4th. Finally, Scotiabank reaffirmed a “sector perform” rating on shares of Newmont in a report on Monday, April 14th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.11.

Newmont Price Performance

Newmont stock opened at $59.86 on Friday. Newmont has a 1 year low of $36.86 and a 1 year high of $60.31. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.70 and a current ratio of 1.98. The company’s fifty day moving average price is $54.67 and its 200 day moving average price is $48.17. The stock has a market capitalization of $66.62 billion, a P/E ratio of 13.42, a P/E/G ratio of 0.79 and a beta of 0.33.

Newmont (NYSE:NEM) last released its quarterly earnings results on Wednesday, April 23rd. The basic materials company reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.54. Newmont had a net margin of 25.77% and a return on equity of 15.75%. The firm had revenue of $5.01 billion for the quarter, compared to analysts’ expectations of $4.82 billion. During the same quarter last year, the company earned $0.55 EPS.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of NEM. Brighton Jones LLC lifted its position in Newmont by 15.7% in the fourth quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock valued at $506,000 after buying an additional 1,847 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Newmont by 22.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,495 shares of the basic materials company’s stock valued at $129,000 after buying an additional 646 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Newmont by 1.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,850,404 shares of the basic materials company’s stock worth $254,972,000 after purchasing an additional 92,354 shares during the period. Victory Capital Management Inc. lifted its position in shares of Newmont by 45.9% during the fourth quarter. Victory Capital Management Inc. now owns 2,054,637 shares of the basic materials company’s stock worth $76,474,000 after purchasing an additional 646,218 shares in the last quarter. Finally, Assetmark Inc. lifted its position in shares of Newmont by 185.9% during the fourth quarter. Assetmark Inc. now owns 1,261 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 820 shares in the last quarter. Institutional investors and hedge funds own 68.85% of the company’s stock.

Insider Activity

In other Newmont news, Director Bruce R. Brook sold 2,077 shares of the company’s stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $58.75, for a total value of $122,023.75. Following the transaction, the director owned 43,103 shares of the company’s stock, valued at $2,532,301.25. This represents a 4.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Peter Toth sold 3,000 shares of the company’s stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $54.09, for a total transaction of $162,270.00. Following the completion of the transaction, the executive vice president directly owned 77,526 shares in the company, valued at $4,193,381.34. The trade was a 3.73% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,231 shares of company stock worth $679,813. Corporate insiders own 0.05% of the company’s stock.

Newmont Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Tuesday, May 27th were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, May 27th. This represents a $1.00 annualized dividend and a dividend yield of 1.67%. Newmont’s payout ratio is 22.42%.

About Newmont

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.