Kinross Gold (NYSE:KGC) Posts Quarterly Earnings Results
by Jessica Moore · The Cerbat GemKinross Gold (NYSE:KGC – Get Free Report) (TSE:K) issued its earnings results on Wednesday. The mining company reported $0.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.02), Zacks reports. Kinross Gold had a net margin of 33.90% and a return on equity of 28.22%. The firm’s revenue for the quarter was up 60.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.30 earnings per share.
Kinross Gold Stock Performance
KGC traded down $0.70 on Wednesday, hitting $29.82. 9,702,157 shares of the stock traded hands, compared to its average volume of 10,975,103. The firm has a market capitalization of $35.61 billion, a PE ratio of 15.21, a P/E/G ratio of 1.53 and a beta of 0.82. Kinross Gold has a 52 week low of $13.28 and a 52 week high of $39.11. The business has a fifty day moving average price of $32.17 and a two-hundred day moving average price of $30.05. The company has a current ratio of 2.35, a quick ratio of 1.37 and a debt-to-equity ratio of 0.08.
Kinross Gold Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Wednesday, March 11th were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.5%. The ex-dividend date was Wednesday, March 11th. This is an increase from Kinross Gold’s previous quarterly dividend of $0.04. Kinross Gold’s dividend payout ratio is currently 8.16%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in KGC. Virtus Advisers LLC acquired a new stake in shares of Kinross Gold in the 3rd quarter valued at $28,000. Harvest Fund Management Co. Ltd boosted its stake in Kinross Gold by 85.2% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 1,280 shares of the mining company’s stock worth $32,000 after acquiring an additional 589 shares during the last quarter. Brown Brothers Harriman & Co. bought a new position in shares of Kinross Gold during the third quarter worth $38,000. Garton & Associates Financial Advisors LLC bought a new position in Kinross Gold during the fourth quarter worth about $61,000. Finally, Larson Financial Group LLC lifted its holdings in shares of Kinross Gold by 39.2% during the 3rd quarter. Larson Financial Group LLC now owns 2,553 shares of the mining company’s stock valued at $63,000 after purchasing an additional 719 shares in the last quarter. Institutional investors and hedge funds own 63.69% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on KGC. UBS Group lowered their price target on shares of Kinross Gold from $43.00 to $37.00 and set a “buy” rating for the company in a report on Friday, March 27th. Zacks Research cut Kinross Gold from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 23rd. Scotiabank increased their price target on Kinross Gold from $32.00 to $45.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Weiss Ratings reissued a “buy (a)” rating on shares of Kinross Gold in a research note on Wednesday, January 28th. Finally, Royal Bank Of Canada raised Kinross Gold from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from $36.00 to $45.00 in a research note on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $38.81.
Read Our Latest Analysis on KGC
More Kinross Gold News
Here are the key news stories impacting Kinross Gold this week:
- Positive Sentiment: Company reported strong free-cash-flow and shareholder returns: Kinross said it delivered record free cash flow for the fourth consecutive quarter, has returned roughly $350M to shareholders year-to-date and $1B since Q1 2025, and noted progress on development projects — supportive for dividends and buybacks. Kinross reports strong 2026 first-quarter results
- Positive Sentiment: Board declared a quarterly cash dividend of US$0.04 per share (payable June 4, record date May 21), which signals cash-return discipline and may support yield-focused holders. Kinross declares quarterly dividend
- Positive Sentiment: Underlying operational/financial strength: revenue jumped ~60.8% YoY and EPS rose from $0.30 to $0.71; Zacks reported the quarter beat its consensus estimate. Those fundamentals support earnings momentum. Kinross Gold (KGC) Q1 Earnings and Revenues Surpass Estimates
- Neutral Sentiment: Analyst commentary highlights a longer-term growth case (cost management, realized prices, project pipeline), which underpins a buy-and-hold thesis but may not prevent short-term volatility. Why Kinross Gold (KGC) is a Top Growth Stock for the Long-Term
- Negative Sentiment: Mixed headline vs. sell-side estimates: while Zacks shows a beat vs its $0.68 estimate, some consensus figures (cited in other summaries) put consensus at $0.73, meaning Kinross’s $0.71 EPS was a small miss versus certain estimates — a possible trigger for short-term profit-taking. Also the stock is trading below its 50‑day average, which can add technical pressure. Kinross Q1 2026 Press Release (PDF)
About Kinross Gold
Kinross Gold Corporation (NYSE: KGC) is a Toronto-based precious metals mining company primarily focused on the exploration, development and production of gold, with silver recovered as a by-product at some operations. The company’s activities span the full mining lifecycle, including discovery and resource delineation, mine construction and operation, ore processing, and eventual site reclamation and closure. Kinross sells refined gold produced at its processing facilities and manages associated logistics and processing arrangements to deliver metal to market.
Kinross operates a portfolio of producing mines and development projects across multiple regions, with a significant presence in the Americas and West Africa.