In recent trading session, Newmont Corp (NYSE:NEM) saw 4.81 million shares changing hands at last check today with its beta currently measuring 0.29. Company’s recent per share price level of $54.58 trading at $1.43 or 2.69% at last check today assigns it a market valuation of $61.53B. That most recent trading price of NEM’s stock is at a discount of -7.59% from its 52-week high price of $58.72 and is indicating a premium of 32.47% from its 52-week low price of $36.86. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 19.56 million shares which gives us an average trading volume of 12.75 million if we extend that period to 3-months.
For Newmont Corp (NEM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.71. Splitting up the data highlights that, out of 14 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 10 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.87 in the current quarter.
Newmont Corp (NYSE:NEM) trade information
Upright in the green today for gaining 2.69%, in the last five days NEM remained trading in the red while hitting it’s week-highest on Monday, 04/21/25 when the stock touched $54.58 price level, adding 4.51% to its value on the day. Newmont Corp’s shares saw a change of 46.64% in year-to-date performance and have moved -2.45% in past 5-day. Newmont Corp (NYSE:NEM) showed a performance of 14.78% in past 30-days. Number of shares sold short was 20.66 million shares which calculate 1.87 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 54 to the stock, which implies a fall of -1.07% to its recent value today. Analysts have been projecting 54 as a low price target for the stock while placing it at a high target of 54. It follows that stock’s current price would jump 1.06% in reaching the projected high whereas dropping to the targeted low would mean a gain of 1.06% for stock’s current value.
Newmont Corp (NEM) estimates and forecasts
This year revenue growth is estimated to rise 2.04% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 4.66B for the same. And 2 analysts are in estimates of company making revenue of 4.72B in the next quarter. Company posted 4.4B and 4.61B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -5.57% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 22.38% while estimates for its earnings growth in next 5 years are of 7.34%.
NEM Dividends
Newmont Corp is more likely to be releasing its next quarterly report on 2025-Apr-22 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 1.83%, the share has a forward dividend of 1.00 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.21%.
Newmont Corp (NYSE:NEM)’s Major holders
Insiders are in possession of 0.24% of company’s total shares while institution are holding 74.64 percent of that, with stock having share float percentage of 74.82%. Investors also watch the number of corporate investors in a company very closely, which is 74.64% institutions for Newmont Corp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at NEM for having 135.01 million shares of worth $5.65 billion. And as of 2024-06-30, it was holding 11.7095 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 119.25 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.3427 of outstanding shares, having a total worth of $4.99 billion.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VanEck ETF Trust-VanEck Gold Miners ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 35.69 shares of worth $1.96 billion or 3.17% of the total outstanding shares. The later fund manager was in possession of 35.69 shares on Mar 31, 2025 , making its stake of worth around $1.96 billion in the company or a holder of 3.17% of company’s stock.
