Raymond James Financial Comments on Kinross Gold Q2 Earnings

Kinross Gold Corporation (NYSE:KGC) (TSE:K) – Analysts at Raymond James Financial issued their Q2 2025 earnings per share (EPS) estimates for shares of Kinross Gold in a research note issued to investors on Monday, June 30th. Raymond James Financial analyst J. Elliott expects that the mining company will earn $0.28 per share for the quarter. Raymond James Financial has a “Hold” rating and a $15.00 price objective on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $0.81 per share. Raymond James Financial also issued estimates for Kinross Gold’s Q3 2025 earnings at $0.31 EPS, Q4 2025 earnings at $0.30 EPS and FY2025 earnings at $1.12 EPS.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its quarterly earnings data on Tuesday, May 6th. The mining company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.08. The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.43 billion. Kinross Gold had a net margin of 21.74% and a return on equity of 15.63%. The firm’s revenue for the quarter was up 38.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.10 EPS.

Several other equities analysts have also issued reports on the stock. BMO Capital Markets initiated coverage on shares of Kinross Gold in a report on Wednesday, April 16th. They issued an “outperform” rating on the stock. Wall Street Zen raised Kinross Gold from a “buy” rating to a “strong-buy” rating in a report on Friday, April 18th. Royal Bank Of Canada raised their target price on Kinross Gold from $14.00 to $19.00 and gave the company a “sector perform” rating in a research report on Wednesday, June 4th. CIBC reissued an “outperform” rating on shares of Kinross Gold in a research note on Tuesday, May 13th. Finally, Jefferies Financial Group upgraded shares of Kinross Gold from a “hold” rating to a “buy” rating and increased their target price for the company from $14.00 to $18.00 in a research report on Thursday, June 26th. Two analysts have rated the stock with a hold rating, five have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $17.00.

Kinross Gold Stock Up 1.7%

NYSE:KGC opened at $15.84 on Wednesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.83 and a quick ratio of 1.22. The company has a 50-day moving average of $14.94 and a 200 day moving average of $12.66. Kinross Gold has a 1-year low of $7.84 and a 1-year high of $16.04. The firm has a market cap of $19.43 billion, a PE ratio of 16.16, a price-to-earnings-growth ratio of 0.64 and a beta of 0.63.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Norges Bank acquired a new stake in shares of Kinross Gold in the fourth quarter valued at $280,697,000. Boston Partners increased its holdings in Kinross Gold by 36.5% during the 1st quarter. Boston Partners now owns 47,526,913 shares of the mining company’s stock worth $632,797,000 after purchasing an additional 12,705,061 shares during the period. Man Group plc raised its position in Kinross Gold by 174.2% in the 4th quarter. Man Group plc now owns 9,243,267 shares of the mining company’s stock valued at $85,685,000 after purchasing an additional 5,871,904 shares in the last quarter. First Eagle Investment Management LLC boosted its stake in shares of Kinross Gold by 80.9% in the 4th quarter. First Eagle Investment Management LLC now owns 12,610,383 shares of the mining company’s stock valued at $116,898,000 after buying an additional 5,639,383 shares during the period. Finally, Artemis Investment Management LLP grew its position in shares of Kinross Gold by 365.8% during the first quarter. Artemis Investment Management LLP now owns 6,876,921 shares of the mining company’s stock worth $86,718,000 after buying an additional 5,400,447 shares in the last quarter. Institutional investors and hedge funds own 63.69% of the company’s stock.

Kinross Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 12th. Stockholders of record on Thursday, May 29th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.76%. The ex-dividend date was Thursday, May 29th. Kinross Gold’s payout ratio is 12.24%.

About Kinross Gold

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.