Zacks Research Analysts Lower Earnings Estimates for Newmont

Newmont Co. (NYSE:NEM) – Equities research analysts at Zacks Research lowered their Q3 2025 EPS estimates for shares of Newmont in a research report issued to clients and investors on Tuesday, November 5th. Zacks Research analyst A. Barman now expects that the basic materials company will post earnings of $0.91 per share for the quarter, down from their prior estimate of $1.00. The consensus estimate for Newmont’s current full-year earnings is $3.12 per share. Zacks Research also issued estimates for Newmont’s FY2026 earnings at $4.24 EPS.

NEM has been the subject of several other research reports. Veritas raised shares of Newmont to a “strong-buy” rating in a research note on Monday, September 30th. BMO Capital Markets raised their price target on Newmont from $56.00 to $57.00 and gave the company an “outperform” rating in a report on Thursday, July 25th. Cibc World Mkts downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a report on Monday, October 28th. Jefferies Financial Group increased their price target on shares of Newmont from $54.00 to $63.00 and gave the company a “buy” rating in a research report on Friday, October 4th. Finally, UBS Group lowered shares of Newmont from a “buy” rating to a “neutral” rating and reduced their target price for the company from $67.00 to $54.00 in a report on Wednesday, October 30th. Nine investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $53.85.

Newmont Stock Up 1.5 %

NEM stock opened at $45.16 on Friday. The stock has a 50-day simple moving average of $52.49 and a two-hundred day simple moving average of $47.30. Newmont has a twelve month low of $29.42 and a twelve month high of $58.72. The firm has a market capitalization of $51.41 billion, a PE ratio of -29.71, a PEG ratio of 0.38 and a beta of 0.51. The company has a quick ratio of 1.73, a current ratio of 1.96 and a debt-to-equity ratio of 0.30.

Newmont (NYSE:NEM) last announced its quarterly earnings results on Wednesday, October 23rd. The basic materials company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.05). The company had revenue of $4.61 billion during the quarter, compared to analysts’ expectations of $4.67 billion. Newmont had a negative net margin of 7.03% and a positive return on equity of 9.80%. Newmont’s revenue for the quarter was up 84.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.36 earnings per share.

Newmont Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Wednesday, November 27th will be given a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.00 annualized dividend and a dividend yield of 2.21%. Newmont’s dividend payout ratio is -65.79%.

Insider Transactions at Newmont

In other news, CEO Thomas Ronald Palmer sold 20,000 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $52.47, for a total value of $1,049,400.00. Following the sale, the chief executive officer now directly owns 291,469 shares of the company’s stock, valued at $15,293,378.43. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, EVP Peter Toth sold 3,000 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $53.81, for a total value of $161,430.00. Following the sale, the executive vice president now directly owns 91,596 shares of the company’s stock, valued at approximately $4,928,780.76. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Thomas Ronald Palmer sold 20,000 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $52.47, for a total transaction of $1,049,400.00. Following the completion of the transaction, the chief executive officer now owns 291,469 shares in the company, valued at approximately $15,293,378.43. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 46,000 shares of company stock valued at $2,444,440. Corporate insiders own 0.06% of the company’s stock.

Institutional Investors Weigh In On Newmont

A number of institutional investors have recently made changes to their positions in the company. Empirical Finance LLC increased its holdings in shares of Newmont by 5.3% in the 1st quarter. Empirical Finance LLC now owns 29,901 shares of the basic materials company’s stock worth $1,072,000 after purchasing an additional 1,506 shares in the last quarter. AIA Group Ltd purchased a new stake in Newmont during the 1st quarter valued at $1,165,000. Empowered Funds LLC raised its stake in Newmont by 102.9% during the 1st quarter. Empowered Funds LLC now owns 25,453 shares of the basic materials company’s stock valued at $912,000 after buying an additional 12,908 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in shares of Newmont by 5.7% in the 1st quarter. Oppenheimer & Co. Inc. now owns 195,161 shares of the basic materials company’s stock worth $6,995,000 after buying an additional 10,557 shares during the last quarter. Finally, Forsta AP Fonden boosted its stake in shares of Newmont by 9.6% in the 1st quarter. Forsta AP Fonden now owns 252,100 shares of the basic materials company’s stock worth $9,035,000 after buying an additional 22,100 shares during the last quarter. Hedge funds and other institutional investors own 68.85% of the company’s stock.

About Newmont

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.