In the last trading session, 28.24 million Kinross Gold Corp (NYSE:KGC) shares changed hands as the company’s beta touched 0.60. With the company’s per share price at $14.37 changed hands at $0.41 or 2.94% during last session, the market valuation stood at $17.68B. KGC’s last price was a discount, traded about -11.06% off its 52-week high of $15.96. The share price had its 52-week low at $7.20, which suggests the last value was 49.9% up since then.
Analysts gave the Kinross Gold Corp (KGC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.89. If we narrow down to specifics, the data shows that 1 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended KGC as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight.
Kinross Gold Corp (NYSE:KGC) trade information
Instantly KGC was in green as seen at the end of in last trading. With action 4.43%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 55.02%, with the 5-day performance at 4.43% in the green. However, in the 30-day time frame, Kinross Gold Corp (NYSE:KGC) is -3.75% down.
The consensus price target for the stock as assigned by Wall Street analysts is 15.5, meaning bulls need an upside of 7.29% from its current market value. According to analyst projections, KGC’s forecast low is 15 with 16 as the target high. To hit the forecast high, the stock’s price needs a -11.34% plunge from its current level, while the stock would need to soar -4.38% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 6.28%. The 2025 estimates are for Kinross Gold Corp earnings to increase by 69.18%, but the outlook for the next 5-year period is at 15.81% per year.
KGC Dividends
Kinross Gold Corp is expected to release its next quarterly earnings report in June. The 0.84% annual yield figure for the share gives it an annual dividend of 0.12. It is important to note, however, that the 0.84% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 3.7433% or 46.0 million shares worth $382.76 million as of 2024-06-30.
