Kinross Gold Corporation (NYSE:KGC) Stock Has Consensus Price Target of $38.43 According to Analysts

27 Sep 2026, 05:28 by Doug Wharley · The Cerbat Gem

Kinross Gold Corporation (NYSE:KGC – Get Free Report) (TSE:K) has received an average rating of “Moderate Buy” from the sixteen research firms that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $37.70.

Several equities analysts have recently weighed in on KGC shares. Scotiabank reduced their price objective on shares of Kinross Gold from $41.00 to $39.00 and set an “outperform” rating for the company in a research report on Thursday. TD Securities dropped their target price on shares of Kinross Gold from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Thursday. Scotia cut their target price on shares of Kinross Gold from $41.00 to $39.00 and set a “sector outperform” rating for the company in a research note on Thursday. Jefferies Financial Group reduced their target price on shares of Kinross Gold from $41.00 to $38.00 and set a “buy” rating for the company in a report on Monday, July 6th. Finally, ATB Cormark Capital Markets upgraded shares of Kinross Gold from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 31st.

Get Our Latest Stock Report on KGC

Hedge Funds Weigh In On Kinross Gold

A number of hedge funds have recently modified their holdings of the stock. Caitlin John LLC lifted its holdings in shares of Kinross Gold by 42.1% during the second quarter. Caitlin John LLC now owns 1,350 shares of the mining company’s stock valued at $32,000 after purchasing an additional 400 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. increased its stake in Kinross Gold by 0.4% in the 2nd quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. now owns 141,100 shares of the mining company’s stock worth $3,329,000 after purchasing an additional 500 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in Kinross Gold by 80.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,355 shares of the mining company’s stock worth $41,000 after purchasing an additional 605 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in Kinross Gold by 6.8% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 10,137 shares of the mining company’s stock worth $309,000 after buying an additional 645 shares during the period. Finally, Baron Wealth Management LLC raised its holdings in Kinross Gold by 3.1% during the 2nd quarter. Baron Wealth Management LLC now owns 21,941 shares of the mining company’s stock worth $518,000 after buying an additional 653 shares during the period. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Kinross Gold Trading Up 2.7%

Shares of Kinross Gold stock opened at $25.07 on Friday. The company has a quick ratio of 1.95, a current ratio of 2.89 and a debt-to-equity ratio of 0.08. The firm has a market cap of $29.70 billion, a price-to-earnings ratio of 9.50, a price-to-earnings-growth ratio of 0.61 and a beta of 0.84. The business has a fifty day simple moving average of $27.71 and a 200-day simple moving average of $28.33. Kinross Gold has a fifty-two week low of $22.01 and a fifty-two week high of $39.11.

Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last released its earnings results on Wednesday, July 29th. The mining company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. Kinross Gold had a return on equity of 34.00% and a net margin of 37.52%.The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.24 billion. During the same period in the previous year, the company earned $0.44 earnings per share. Kinross Gold’s revenue was up 29.5% compared to the same quarter last year. On average, equities analysts forecast that Kinross Gold will post 2.47 EPS for the current fiscal year.

Kinross Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th were given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Thursday, August 20th. Kinross Gold’s dividend payout ratio is 6.06%.

Key Headlines Impacting Kinross Gold

Here are the key news stories impacting Kinross Gold this week:

Positive Sentiment: Kinross raised its 2026 return-of-capital target to 50% of free cash flow, potentially supporting the stock through higher dividends, buybacks or other shareholder distributions. Kinross Gold Updates Production Outlook, Raises Capital Return Target
Positive Sentiment: Analysts remain broadly constructive despite lowering their targets. CIBC cut its target to $50 while maintaining an “outperformer” rating, and Scotia, Canaccord and TD retained “sector outperform” or “buy” ratings. Kinross Gold Stock Falls on Production Guidance Cuts and Price Target Reduction
Neutral Sentiment: Unusually heavy call-option activity was reported, with investors purchasing approximately 17,609 calls—about 183% above average volume. This may signal speculative bullish interest but does not necessarily indicate sustained buying.
Negative Sentiment: Kinross now expects annual 2026 and 2027 attributable production of approximately 1.84–1.86 million gold-equivalent ounces, 2%–3% below the low end of its prior guidance. Kinross Gold Updates Production Outlook, Raises Capital Return Target
Negative Sentiment: The company raised its 2026 cost-of-sales guidance to approximately $1,420–$1,460 per ounce and all-in sustaining costs to $1,850–$1,900 per ounce, pressuring expected margins.
Negative Sentiment: Operational problems at La Coipa in Chile—including severe weather, lower mining rates, weaker throughput and recovery issues—and lower mining rates, grades and recoveries at Round Mountain reduced expected output. Paracatu and Tasiast continue to perform well, and management indicated some affected ounces may be deferred rather than permanently lost. Kinross Gold shares tumble on weaker La Coipa, Round Mountain outlook
Negative Sentiment: Multiple brokers lowered their price targets, including TD to $35, Scotia to $39, Canaccord to $47 and CIBC to $50. A shareholder-law investigation notice also added reputational and legal uncertainty, although it represents an allegation rather than a finding of wrongdoing. Kinross Gold Investigation Notice

Kinross Gold Company Profile

(Get Free Report)

Kinross Gold Corporation is a Canadian gold mining company engaged in the acquisition, exploration, development and operation of gold properties. Its primary product is gold, which it produces through a portfolio of open-pit and underground mining operations, supported by processing facilities and related infrastructure.