Kinross Gold Corporation (NYSE:KGC) Stock Has Consensus Target Price of $37.98 According to Brokerages

Kinross Gold Corporation (NYSE:KGC) (TSE:K) has been assigned a consensus rating of “Moderate Buy” from the seventeen analysts that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $37.98.

Several research analysts recently weighed in on KGC shares. Canaccord Genuity Group dropped their price target on Kinross Gold from $52.00 to $47.00 and set a “buy” rating on the stock in a research report on Thursday, September 24th. Scotiabank decreased their price objective on Kinross Gold from $41.00 to $39.00 and set an “outperform” rating for the company in a research report on Thursday, September 24th. Zacks Research raised Kinross Gold from a “strong sell” rating to a “hold” rating in a research note on Monday, September 7th. TD Securities lowered their target price on Kinross Gold from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Thursday, September 24th. Finally, Wall Street Zen downgraded Kinross Gold from a “buy” rating to a “hold” rating in a report on Saturday, August 1st.

Key Kinross Gold News

Investors following KGC have been watching these news items:

• Positive Sentiment: Investors bought 23,674 KGC call options on Wednesday, about 236% above typical volume. This may reflect bullish positioning, though options activity alone does not establish a lasting change in sentiment.
• Neutral Sentiment: A separate article points to increased central-bank gold buying as a potential sector tailwind, but it does not identify a new Kinross-specific catalyst. Article: These 5 Gold Mining Stocks Give You a Different Way to Own Gold
• Negative Sentiment: Multiple law firms publicized an already-filed securities class action covering investors who bought shares from February 18 through September 23, 2026. The suit alleges Kinross misrepresented its production outlook and operational capabilities; the claims are allegations, not proven findings. The notices cite a prior roughly 11% share-price drop after mining issues and reduced production guidance, while one report says analysts cut price targets following the guidance change. The lead-plaintiff deadline is January 5, 2027. Repeated legal notices may keep attention on operational and litigation risks, though they do not represent separate lawsuits. Article: KGC Shareholder Alert Article: KGC Shareholder Alert and allegations

Institutional Investors Weigh In On Kinross Gold

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Edmond DE Rothschild Holding S.A. purchased a new position in shares of Kinross Gold during the 3rd quarter valued at $13,627,000. Westpac Banking Corp purchased a new stake in shares of Kinross Gold during the third quarter worth $64,000. Private Advisor Group LLC raised its holdings in shares of Kinross Gold by 56.2% during the third quarter. Private Advisor Group LLC now owns 33,338 shares of the mining company’s stock worth $803,000 after acquiring an additional 11,995 shares in the last quarter. Boston Partners raised its holdings in shares of Kinross Gold by 11.9% during the third quarter. Boston Partners now owns 40,329,915 shares of the mining company’s stock worth $985,142,000 after acquiring an additional 4,291,328 shares in the last quarter. Finally, Independent Advisor Alliance boosted its position in Kinross Gold by 28.8% during the third quarter. Independent Advisor Alliance now owns 33,737 shares of the mining company’s stock valued at $810,000 after purchasing an additional 7,534 shares during the last quarter. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Kinross Gold Trading Down 0.5%

Kinross Gold stock opened at $21.43 on Monday. The company has a 50 day moving average price of $24.76 and a 200 day moving average price of $28.30. Kinross Gold has a 52 week low of $19.70 and a 52 week high of $39.11. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.89 and a current ratio of 2.87. The firm has a market capitalization of $25.14 billion, a price-to-earnings ratio of 8.31, a P/E/G ratio of 0.70 and a beta of 0.83.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its quarterly earnings data on Wednesday, October 28th. The mining company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.04. The firm had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.94 billion. Kinross Gold had a net margin of 37.62% and a return on equity of 32.84%. Research analysts forecast that Kinross Gold will post 2.40 EPS for the current year.

Kinross Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 19th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $0.16 dividend on an annualized basis and a yield of 0.7%. Kinross Gold’s payout ratio is presently 6.04%.

About Kinross Gold

Kinross Gold Corporation is a Toronto-based gold mining company engaged in the exploration, development and operation of gold mines. Its principal product is gold, with silver also produced at some operations. The company operates mines in the United States, Brazil, Chile and Mauritania. Its activities span the mining process, from identifying and developing mineral deposits to extracting and processing ore. Founded in 1993, Kinross has grown through acquisitions and the development of mining projects across the Americas and West Africa.