In the last trading session, 8.75 million Newmont Corp (NYSE:NEM) shares changed hands as the company’s beta touched 0.32. With the company’s per share price at $52.56 changed hands at -$0.72 or -1.35% during last session, the market valuation stood at $58.50B. NEM’s last price was a discount, traded about -11.72% off its 52-week high of $58.72. The share price had its 52-week low at $36.86, which suggests the last value was 29.87% up since then.
Analysts gave the Newmont Corp (NEM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.81. If we narrow down to specifics, the data shows that 0 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended NEM as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. Newmont Corp’s EPS for the current quarter is expected to be 0.94.
Newmont Corp (NYSE:NEM) trade information
Instantly NEM was in red as seen at the end of in last trading. With action -5.02%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 41.21%, with the 5-day performance at -5.02% in the red. However, in the 30-day time frame, Newmont Corp (NYSE:NEM) is -2.63% down.
The consensus price target for the stock as assigned by Wall Street analysts is 64.5, meaning bulls need an upside of 18.51% from its current market value. According to analyst projections, NEM’s forecast low is 63 with 66 as the target high. To hit the forecast high, the stock’s price needs a -25.57% plunge from its current level, while the stock would need to soar -19.86% for it to hit the projected low.
Newmont Corp (NEM) estimates and forecasts
Year-over-year growth is forecast to reach 3.57% up from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 4.7B. 8 analysts are of the opinion that Newmont Corp’s revenue for the current quarter will be 4.72B. The company’s revenue for the corresponding quarters a year ago was 4.4B and 4.61B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 6.68%. The estimates for the next quarter sales put growth at 2.61%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -5.57%. The 2025 estimates are for Newmont Corp earnings to increase by 25.74%, but the outlook for the next 5-year period is at 7.79% per year.
NEM Dividends
Newmont Corp is expected to release its next quarterly earnings report in July. The 2.38% annual yield figure for the share gives it an annual dividend of 1.25. It is important to note, however, that the 2.38% 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.
Newmont Corp (NYSE:NEM)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 10.3427% or 119.25 million shares worth $4.99 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VanEck ETF Trust-VanEck Gold Miners ETF. With 35.57 shares estimated at $1.87 billion under it, the former controlled 3.20% of total outstanding shares. On the other hand, VanEck ETF Trust-VanEck Gold Miners ETF held about 3.04% of the shares, roughly 33.81 shares worth around $1.78 billion.
