Zacks Research Has Positive Outlook for Newmont Q3 Earnings

Newmont Corporation (NYSE:NEM) – Analysts at Zacks Research upped their Q3 2025 earnings per share estimates for shares of Newmont in a research report issued on Wednesday, August 6th. Zacks Research analyst A. Barman now expects that the basic materials company will earn $1.13 per share for the quarter, up from their previous forecast of $0.73. The consensus estimate for Newmont’s current full-year earnings is $3.45 per share. Zacks Research also issued estimates for Newmont’s Q4 2025 earnings at $1.04 EPS, FY2025 earnings at $4.85 EPS, Q2 2026 earnings at $0.98 EPS, Q3 2026 earnings at $1.27 EPS, Q4 2026 earnings at $1.24 EPS, FY2026 earnings at $4.51 EPS, Q2 2027 earnings at $1.14 EPS and FY2027 earnings at $4.71 EPS.

Other research analysts have also recently issued reports about the company. Argus set a $63.00 price objective on Newmont in a research report on Friday, April 25th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Newmont in a research report on Thursday, April 24th. Stifel Nicolaus initiated coverage on Newmont in a research report on Wednesday, July 9th. They set a “buy” rating and a $73.00 price objective for the company. National Bankshares raised Newmont from a “sector perform” rating to an “outperform” rating in a research report on Friday, July 25th. Finally, Stifel Canada raised Newmont to a “strong-buy” rating in a research report on Tuesday, July 8th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, nine have given a buy rating and four have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $64.58.

Newmont Price Performance

Shares of NYSE NEM opened at $68.90 on Monday. The stock’s 50-day moving average is $59.84 and its two-hundred day moving average is $52.51. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.23 and a quick ratio of 1.91. Newmont has a 1-year low of $36.86 and a 1-year high of $70.29. The company has a market cap of $75.68 billion, a price-to-earnings ratio of 12.37, a price-to-earnings-growth ratio of 0.81 and a beta of 0.30.

Newmont (NYSE:NEM) last issued its quarterly earnings results on Thursday, July 24th. The basic materials company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.48. Newmont had a return on equity of 17.86% and a net margin of 30.50%. The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $4.70 billion. During the same quarter in the prior year, the business earned $0.72 EPS. Newmont’s revenue was up 20.8% on a year-over-year basis.

Newmont Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Thursday, September 4th will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.5%. Newmont’s dividend payout ratio is 17.95%.

Insider Activity at Newmont

In other Newmont news, CAO Brian Tabolt sold 7,015 shares of the stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $68.02, for a total transaction of $477,160.30. Following the completion of the sale, the chief accounting officer directly owned 32,615 shares of the company’s stock, valued at approximately $2,218,472.30. This trade represents a 17.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bruce R. Brook sold 2,077 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $63.66, for a total value of $132,221.82. Following the sale, the director directly owned 41,026 shares of the company’s stock, valued at $2,611,715.16. The trade was a 4.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,246 shares of company stock valued at $1,373,251 in the last three months. 0.05% of the stock is currently owned by company insiders.

Institutional Trading of Newmont

A number of hedge funds have recently added to or reduced their stakes in NEM. Brighton Jones LLC lifted its position in Newmont by 15.7% during the 4th quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock worth $506,000 after acquiring an additional 1,847 shares during the period. Cerity Partners LLC lifted its holdings in shares of Newmont by 20.4% in the 4th quarter. Cerity Partners LLC now owns 70,450 shares of the basic materials company’s stock valued at $2,622,000 after buying an additional 11,915 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Newmont in the 4th quarter valued at approximately $35,117,000. Sterling Capital Management LLC lifted its holdings in shares of Newmont by 1,532.6% in the 4th quarter. Sterling Capital Management LLC now owns 84,193 shares of the basic materials company’s stock valued at $3,134,000 after buying an additional 79,036 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of Newmont by 4.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 404,700 shares of the basic materials company’s stock valued at $15,063,000 after buying an additional 19,042 shares during the period. 68.85% of the stock is owned by institutional investors and hedge funds.

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.