Newmont Co. (NYSE:NEM - Free Report) - Analysts at Zacks Research decreased their Q2 2025 earnings per share (EPS) estimates for shares of Newmont in a report issued on Wednesday, March 5th. Zacks Research analyst A. Barman now anticipates that the basic materials company will earn $0.70 per share for the quarter, down from their previous estimate of $0.74. The consensus estimate for Newmont's current full-year earnings is $3.45 per share. Zacks Research also issued estimates for Newmont's Q3 2025 earnings at $0.71 EPS, Q2 2026 earnings at $0.75 EPS, Q3 2026 earnings at $0.82 EPS, Q4 2026 earnings at $0.80 EPS and FY2027 earnings at $3.45 EPS.
A number of other equities analysts have also recently issued reports on the stock. JPMorgan Chase & Co. raised shares of Newmont from a "neutral" rating to an "overweight" rating in a research report on Tuesday, November 19th. Royal Bank of Canada boosted their price target on shares of Newmont from $47.00 to $52.00 and gave the company a "sector perform" rating in a research note on Tuesday, February 11th. StockNews.com raised shares of Newmont from a "hold" rating to a "buy" rating in a research note on Monday, February 24th. Raymond James decreased their target price on shares of Newmont from $62.00 to $59.00 and set an "outperform" rating for the company in a research report on Monday, November 25th. Finally, CLSA began coverage on shares of Newmont in a research report on Friday, November 29th. They issued an "underperform" rating on the stock. One analyst has rated the stock with a sell rating, seven have given a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Newmont has a consensus rating of "Moderate Buy" and a consensus price target of $53.16.
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Shares of NYSE NEM opened at $43.93 on Friday. The company's 50 day moving average price is $42.41 and its 200-day moving average price is $46.12. Newmont has a 52-week low of $33.29 and a 52-week high of $58.72. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.73 and a current ratio of 1.96. The company has a market capitalization of $49.51 billion, a P/E ratio of 14.99, a price-to-earnings-growth ratio of 0.41 and a beta of 0.52.
Newmont (NYSE:NEM - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The basic materials company reported $1.40 EPS for the quarter, beating the consensus estimate of $1.11 by $0.29. Newmont had a net margin of 17.92% and a return on equity of 13.52%. The business had revenue of $5.65 billion during the quarter, compared to the consensus estimate of $5.32 billion.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Van ECK Associates Corp raised its stake in shares of Newmont by 1.6% during the fourth quarter. Van ECK Associates Corp now owns 49,747,598 shares of the basic materials company's stock worth $1,851,606,000 after acquiring an additional 797,445 shares in the last quarter. Geode Capital Management LLC raised its position in Newmont by 5.2% in the 4th quarter. Geode Capital Management LLC now owns 24,697,779 shares of the basic materials company's stock worth $919,484,000 after purchasing an additional 1,213,397 shares during the period. Norges Bank bought a new stake in Newmont in the fourth quarter worth $626,074,000. Northern Trust Corp boosted its position in Newmont by 11.5% during the fourth quarter. Northern Trust Corp now owns 12,742,155 shares of the basic materials company's stock valued at $474,263,000 after buying an additional 1,309,177 shares during the period. Finally, Amundi grew its stake in shares of Newmont by 14.0% during the fourth quarter. Amundi now owns 12,302,579 shares of the basic materials company's stock valued at $481,400,000 after buying an additional 1,507,708 shares during the last quarter. Hedge funds and other institutional investors own 68.85% of the company's stock.
In related news, Director Bruce R. Brook sold 2,077 shares of the business's stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $40.00, for a total transaction of $83,080.00. Following the completion of the transaction, the director now owns 52,070 shares of the company's stock, valued at approximately $2,082,800. The trade was a 3.84 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Natascha Viljoen sold 9,000 shares of Newmont stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $40.00, for a total value of $360,000.00. Following the sale, the chief operating officer now owns 145,967 shares of the company's stock, valued at approximately $5,838,680. This trade represents a 5.81 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 33,231 shares of company stock valued at $1,388,758. Company insiders own 0.06% of the company's stock.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 4th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $1.00 annualized dividend and a yield of 2.28%. Newmont's payout ratio is 34.13%.
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.
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