Zacks Research Lifts Earnings Estimates for Kinross Gold

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Analysts at Zacks Research raised their Q1 2026 EPS estimates for Kinross Gold in a research report issued on Monday, March 2nd. Zacks Research analyst Team now expects that the company will post earnings of $0.91 per share for the quarter, up from their previous forecast of $0.72. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share. Zacks Research also issued estimates for Kinross Gold’s Q2 2026 earnings at $0.93 EPS, Q4 2026 earnings at $0.80 EPS, FY2026 earnings at $3.47 EPS, Q1 2027 earnings at $0.93 EPS, Q2 2027 earnings at $0.94 EPS, Q4 2027 earnings at $0.75 EPS and FY2027 earnings at $3.40 EPS.

Other research analysts have also recently issued research reports about the company. Desjardins set a C$44.00 price objective on Kinross Gold and gave the stock a “buy” rating in a research report on Friday, November 28th. National Bank Financial upped their price target on shares of Kinross Gold from C$52.50 to C$60.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Finally, Stifel Nicolaus increased their price target on shares of Kinross Gold from C$45.00 to C$65.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Kinross Gold currently has an average rating of “Buy” and an average price target of C$51.50.

Kinross Gold Stock Performance

Shares of K stock opened at C$46.17 on Wednesday. The company has a current ratio of 2.35, a quick ratio of 1.11 and a debt-to-equity ratio of 9.08. The stock has a 50 day simple moving average of C$45.59 and a 200-day simple moving average of C$38.09. The company has a market cap of C$55.40 billion, a price-to-earnings ratio of 23.68, a price-to-earnings-growth ratio of -0.60 and a beta of 1.31. Kinross Gold has a 12-month low of C$15.09 and a 12-month high of C$53.57.

Kinross Gold (TSE:K) (NYSE:KGC) last announced its quarterly earnings data on Wednesday, February 18th. The company reported C$0.92 EPS for the quarter. Kinross Gold had a net margin of 33.95% and a return on equity of 30.66%. The firm had revenue of C$2.68 billion during the quarter.

More Kinross Gold News

Here are the key news stories impacting Kinross Gold this week:

• Positive Sentiment: Zacks Research sharply raised multiple near‑term and longer‑term EPS forecasts for Kinross across several reports (Q1–Q4 2026–2027, FY2026–FY2028), reflecting stronger expected profitability and helping justify higher earnings power. This is a direct fundamental upgrade for the company. Zacks estimate revisions summarized
• Neutral Sentiment: Kinross increased its stake in junior miner Eminent Gold to roughly 13.8–14%, filing an early warning report. The acquisition of a strategic stake could create upside if Eminent delivers value, but it also ties up capital and is not yet a change to Kinross’s core operations. Kinross increases ownership in Eminent
• Neutral Sentiment: Kinross was listed in a consumer‑facing MSN roundup of mining stocks tied to gold price scenarios. Such coverage can broaden investor interest but typically has limited immediate impact on institutional flows. MSN: 3 solid mining stocks
• Negative Sentiment: Despite the analyst upgrades, shares are down — likely driven by profit‑taking after a strong run to near 52‑week highs, possible weakness in the gold price or investor caution about capital allocation (e.g., the Eminent stake) and Kinross’s leverage metrics. These market and sentiment drivers can outweigh upgraded earnings forecasts in the short term. (No single negative corporate announcement in the last 24–36 hours explains the drop.)

Kinross Gold Company Profile

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.