Q3 EPS Estimates for Kinross Gold Reduced by Zacks Research

Kinross Gold Corporation (NYSE:KGC) (TSE:K) – Zacks Research lowered their Q3 2026 earnings per share (EPS) estimates for Kinross Gold in a research report issued on Wednesday, August 19th. Zacks Research analyst Team now anticipates that the mining company will post earnings of $0.57 per share for the quarter, down from their previous forecast of $0.76. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $2.63 per share. Zacks Research also issued estimates for Kinross Gold’s FY2026 earnings at $2.63 EPS, Q1 2027 earnings at $0.64 EPS, Q2 2027 earnings at $0.64 EPS, Q3 2027 earnings at $0.57 EPS, Q4 2027 earnings at $0.63 EPS, FY2027 earnings at $2.48 EPS and FY2028 earnings at $2.36 EPS.

Several other equities research analysts have also commented on the stock. Scotiabank reduced their price target on shares of Kinross Gold from $45.00 to $41.00 and set a “sector outperform” rating for the company in a research report on Tuesday, July 14th. Royal Bank Of Canada decreased their price target on Kinross Gold from $40.00 to $39.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Weiss Ratings downgraded shares of Kinross Gold from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 28th. Wall Street Zen downgraded shares of Kinross Gold from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Finally, ATB Cormark Capital Markets upgraded Kinross Gold from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.43.

Kinross Gold Stock Performance

Shares of Kinross Gold stock opened at $31.49 on Friday. Kinross Gold has a 1 year low of $19.07 and a 1 year high of $39.11. The stock has a market cap of $37.35 billion, a price-to-earnings ratio of 11.93, a PEG ratio of 0.80 and a beta of 0.78. The firm’s 50-day moving average is $25.11 and its 200 day moving average is $29.09. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.89 and a quick ratio of 1.95.

Kinross Gold (NYSE:KGC) (TSE:K) last announced its quarterly earnings results on Wednesday, July 29th. The mining company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.24 billion. Kinross Gold had a return on equity of 34.00% and a net margin of 37.52%.The firm’s revenue was up 29.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.44 earnings per share.

Kinross Gold Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Thursday, August 20th. Kinross Gold’s dividend payout ratio is presently 6.06%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Norges Bank purchased a new position in shares of Kinross Gold in the 4th quarter valued at $518,656,000. Man Group plc purchased a new stake in shares of Kinross Gold in the 2nd quarter valued at about $298,152,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Kinross Gold during the 2nd quarter worth approximately $264,652,000. Legal & General Group Plc acquired a new position in Kinross Gold during the second quarter worth approximately $244,762,000. Finally, The Manufacturers Life Insurance Company acquired a new stake in shares of Kinross Gold in the second quarter valued at approximately $222,974,000. 63.69% of the stock is owned by institutional investors and hedge funds.

More Kinross Gold News

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

• Positive Sentiment: Higher gold prices have helped lift investor interest in Kinross Gold, as stronger bullion prices can improve realized prices, margins and cash flow for gold producers. Why Kinross Gold Stock Popped on Wednesday What Puts Kinross Gold in Focus as Gold Prices Move?
• Negative Sentiment: Zacks Research reduced its Q3 2026 EPS forecast to $0.57 from $0.76 and cut its FY2026 estimate to $2.63 from $2.79. The firm also lowered FY2027 EPS to $2.48 from $2.83 and FY2028 EPS to $2.36 from $2.78, signaling weaker expected earnings growth.
• Negative Sentiment: The quarterly revisions were also broadly lower: Q1 2027 EPS fell to $0.64 from $0.75, Q2 2027 to $0.64 from $0.72, Q3 2027 to $0.57 from $0.70, and Q4 2027 to $0.63 from $0.66. Estimates for Q1 and Q2 2028 were cut to $0.61 and $0.57, respectively, although Q4 2026 was modestly raised to $0.64 from $0.62.

Kinross Gold Company Profile

Kinross Gold Corporation (NYSE: KGC) is a Toronto-based precious metals mining company primarily focused on the exploration, development and production of gold, with silver recovered as a by-product at some operations. The company’s activities span the full mining lifecycle, including discovery and resource delineation, mine construction and operation, ore processing, and eventual site reclamation and closure. Kinross sells refined gold produced at its processing facilities and manages associated logistics and processing arrangements to deliver metal to market.

Kinross operates a portfolio of producing mines and development projects across multiple regions, with a significant presence in the Americas and West Africa.