Several brokerages have updated their recommendations and price targets on shares of Newmont (NYSE: NEM) in the last few weeks:
- 4/29/2026 – Newmont had its price target raised by Canaccord Genuity Group Inc. from $150.00 to $160.00. They now have a “buy” rating on the stock.
- 4/28/2026 – Newmont had its price target raised by The Goldman Sachs Group, Inc. from $123.20 to $125.10. They now have a “buy” rating on the stock.
- 4/27/2026 – Newmont had its “buy” rating reaffirmed by TD Cowen.
- 4/27/2026 – Newmont had its “hold” rating reaffirmed by TD Securities. They now have a $129.00 price target on the stock.
- 4/27/2026 – Newmont had its price target raised by TD from $116.00 to $129.00. They now have a “hold” rating on the stock.
- 4/27/2026 – Newmont had its price target raised by Macquarie Infrastructure Holdings, LLC from $130.00 to $133.00. They now have an “outperform” rating on the stock.
- 4/25/2026 – Newmont was upgraded by Wall Street Zen from “hold” to “buy”.
- 4/24/2026 – Newmont had its price target raised by BMO Capital Markets from $140.00 to $145.00. They now have an “outperform” rating on the stock.
- 4/24/2026 – Newmont had its price target raised by National Bank Financial from $130.00 to $140.00. They now have a “sector perform” rating on the stock.
- 4/23/2026 – Newmont had its price target raised by Argus from $94.00 to $125.00. They now have a “buy” rating on the stock.
- 4/22/2026 – Newmont had its price target raised by BMO Capital Markets from $115.00 to $140.00. They now have an “outperform” rating on the stock.
- 4/21/2026 – Newmont had its price target lowered by Canadian Imperial Bank of Commerce from $177.00 to $176.00. They now have an “outperform” rating on the stock.
- 4/21/2026 – Newmont had its price target lowered by TD from $118.00 to $116.00. They now have a “hold” rating on the stock.
- 4/21/2026 – Newmont had its price target lowered by TD Cowen from $118.00 to $116.00. They now have a “hold” rating on the stock.
- 4/17/2026 – Newmont had its price target raised by Canaccord Genuity Group Inc. from $140.00 to $150.00. They now have a “buy” rating on the stock.
- 4/16/2026 – Newmont was given a new $130.00 price target by National Bank Financial. They now have a “sector perform” rating on the stock.
- 4/16/2026 – Newmont was downgraded by National Bank Financial from “outperform” to “sector perform”. They now have a $130.00 price target on the stock, down from $140.00.
- 4/10/2026 – Newmont had its price target raised by Jefferies Financial Group Inc. from $162.00 to $165.00. They now have a “buy” rating on the stock.
- 4/9/2026 – Newmont had its price target raised by The Goldman Sachs Group, Inc. from $122.30 to $123.20. They now have a “buy” rating on the stock.
- 4/4/2026 – Newmont was downgraded by Wall Street Zen from “buy” to “hold”.
- 4/3/2026 – Newmont was downgraded by Zacks Research from “strong-buy” to “hold”.
- 3/27/2026 – Newmont had its price target raised by Macquarie Infrastructure Holdings, LLC from $126.00 to $130.00. They now have an “outperform” rating on the stock.
- 3/27/2026 – Newmont had its price target lowered by UBS Group AG from $150.00 to $140.00. They now have a “buy” rating on the stock.
- 3/20/2026 – Newmont had its price target lowered by Scotiabank from $152.00 to $151.00. They now have a “sector outperform” rating on the stock.
- 3/8/2026 – Newmont was upgraded by Wall Street Zen from “hold” to “buy”.
Newmont Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, June 22nd. Stockholders of record on Wednesday, May 27th will be paid a $0.26 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $1.04 annualized dividend and a dividend yield of 0.9%. Newmont’s dividend payout ratio (DPR) is presently 13.49%.
Insider Buying and Selling at Newmont
In other news, insider David John Thornton sold 2,296 shares of Newmont stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $110.11, for a total value of $252,812.56. Following the completion of the transaction, the insider owned 23,163 shares in the company, valued at $2,550,477.93. This trade represents a 9.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Peter Wexler sold 13,378 shares of Newmont stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $110.11, for a total transaction of $1,473,051.58. Following the completion of the transaction, the executive vice president owned 67,865 shares of the company’s stock, valued at $7,472,615.15. The trade was a 16.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 43,068 shares of company stock worth $4,769,475 over the last three months. Company insiders own 0.06% of the company’s stock.
Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long?lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.
Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.
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