Raymond James Financial Weighs in on Newmont FY2025 Earnings

Newmont Corporation (NYSE:NEM) – Equities research analysts at Raymond James Financial raised their FY2025 EPS estimates for shares of Newmont in a research note issued to investors on Wednesday, August 20th. Raymond James Financial analyst B. Macarthur now expects that the basic materials company will post earnings of $5.11 per share for the year, up from their previous estimate of $4.82. Raymond James Financial currently has a “Outperform” rating and a $69.00 target price 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 $1.25 EPS, Q2 2026 earnings at $1.30 EPS and Q4 2026 earnings at $1.36 EPS.

Newmont (NYSE:NEM) last issued its quarterly earnings results on Thursday, July 24th. The basic materials company reported $1.43 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $5.32 billion for the quarter, compared to analyst estimates of $4.70 billion. During the same period in the previous year, the company posted $0.72 earnings per share. The company’s quarterly revenue was up 20.8% compared to the same quarter last year.

A number of other analysts have also recently issued reports on NEM. CIBC set a $74.00 price objective on Newmont and gave the company a “neutral” rating in a research report on Tuesday, July 15th. National Bankshares raised shares of Newmont from a “sector perform” rating to an “outperform” rating in a report on Friday, July 25th. Royal Bank Of Canada boosted their price target on shares of Newmont from $52.00 to $66.00 and gave the company a “sector perform” rating in a report on Wednesday, June 4th. National Bank Financial raised shares of Newmont from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 25th. Finally, Wall Street Zen raised shares of Newmont from a “hold” rating to a “buy” rating in a research note on Friday, May 30th. Four equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $64.58.

Newmont Stock Performance

NEM opened at $71.16 on Monday. The stock has a market cap of $78.17 billion, a PE ratio of 12.78, a P/E/G ratio of 0.84 and a beta of 0.30. The company has a current ratio of 2.23, a quick ratio of 1.91 and a debt-to-equity ratio of 0.23. Newmont has a 1 year low of $36.86 and a 1 year high of $71.75. The stock’s 50 day simple moving average is $62.72 and its 200-day simple moving average is $54.33.

Institutional Investors Weigh In On Newmont

A number of large investors have recently bought and sold shares of the business. Bessemer Group Inc. grew its holdings in shares of Newmont by 13.2% during the first quarter. Bessemer Group Inc. now owns 11,791 shares of the basic materials company’s stock worth $569,000 after purchasing an additional 1,379 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of Newmont by 9.9% during the fourth quarter. First Trust Advisors LP now owns 96,040 shares of the basic materials company’s stock worth $3,575,000 after purchasing an additional 8,678 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in Newmont during the 1st quarter worth about $423,000. Spire Wealth Management grew its holdings in Newmont by 125.0% during the 1st quarter. Spire Wealth Management now owns 2,356 shares of the basic materials company’s stock worth $114,000 after acquiring an additional 1,309 shares during the last quarter. Finally, Flagship Harbor Advisors LLC bought a new stake in Newmont during the 1st quarter worth about $202,000. 68.85% of the stock is currently owned by institutional investors.

Insider Transactions at Newmont

In other news, EVP Peter Toth sold 3,000 shares of the company’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $63.66, for a total value of $190,980.00. Following the sale, the executive vice president owned 58,736 shares of the company’s stock, valued at approximately $3,739,133.76. This represents a 4.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Bruce R. Brook sold 2,077 shares of the company’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $63.66, for a total transaction of $132,221.82. Following the completion of the sale, the director directly owned 41,026 shares in the company, valued at approximately $2,611,715.16. The trade was a 4.82% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 22,246 shares of company stock valued at $1,373,251. 0.05% of the stock is owned by insiders.

Newmont Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Thursday, September 4th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $1.00 annualized dividend and a dividend yield of 1.4%. Newmont’s dividend payout ratio is presently 17.95%.

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.