Newmont Corp (NYSE:NEM) has a beta value of 0.31 and has seen 28.72 million shares traded in the last trading session. The company, currently valued at $63.83B, closed the last trade at $57.35 per share which meant it lost -$3.47 on the day or -5.71% during that session. The NEM stock price is -6.66% off its 52-week high price of $61.17 and 35.73% above the 52-week low of $36.86. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.56 million shares traded. The 3-month trading volume is 12.44 million shares.
The consensus among analysts is that Newmont Corp (NEM) is Buy stock at the moment, with a recommendation rating of 1.89. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 14 have rated it as a Hold, with 10 advising it as a Buy. 0 have rated the stock as Underweight.
Newmont Corp (NYSE:NEM) trade information
Sporting -5.71% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the NEM stock price touched $57.35 or saw a rise of 6.24%. Year-to-date, Newmont Corp shares have moved 21.58%, while the 5-day performance has seen it change -0.45%. Over the past 30 days, the shares of Newmont Corp (NYSE:NEM) have changed 2.56%. Short interest in the company has seen 24.44 million shares shorted with days to cover at 1.99.
Wall Street analysts have a consensus price target for the stock at $64.5, which means that the shares’ value could jump 11.09% from current levels. The projected low price target is $63.0 while the price target rests at a high of $66.0. In that case, then, we find that the current price level is -15.08% off the targeted high while a plunge would see the stock gain -9.85% from current levels.
Newmont Corp (NEM) estimates and forecasts
The company’s shares have gained 46.68% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -5.57% over the past 5 years. Earnings growth for 2025 is a modest 37.81% while over the next 5 years, the company’s earnings are expected to increase by 10.82%.
NEM Dividends
Newmont Corp is expected to release its next earnings report on 2025-Apr-23 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.00 at a share yield of 1.74%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 3.25%.
Newmont Corp (NYSE:NEM)’s Major holders
Insiders own 0.25% of the company shares, while shares held by institutions stand at 75.50% with a share float percentage of 75.69%. Investors are also buoyed by the number of investors in a company, with Newmont Corp having a total of 1800.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 135.01 million shares worth more than $5.65 billion. As of 2024-06-30, VANGUARD GROUP INC held 11.7095% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 119.25 million shares as of 2024-06-30. The firm’s total holdings are worth over $4.99 billion and represent 10.3427% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VanEck ETF Trust-VanEck Gold Miners ETF . As of Mar 31, 2025 , the former fund manager holds about 3.20% shares in the company for having 35.57 shares of worth $2.04 billion while later fund manager owns 34.06 shares of worth $1.95 billion as of May 31, 2025 , which makes it owner of about 3.06% of company’s outstanding stock.
