Several analysts have recently updated their ratings and price targets for Newmont (NYSE: NEM):
- 10/20/2026 – Newmont had its price target raised by Citigroup Inc. from $125.00 to $140.00. They now have a “buy” rating on the stock.
- 10/20/2026 – Newmont had its price target lowered by National Bank Financial from $140.00 to $135.00. They now have a “sector perform” rating on the stock.
- 10/19/2026 – Newmont had its price target lowered by Barclays PLC from $124.00 to $123.00. They now have an “overweight” rating on the stock.
- 10/16/2026 – Newmont was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 10/16/2026 – Newmont was given a new $154.00 price target by Canadian Imperial Bank of Commerce.
- 10/2/2026 – Newmont was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 9/29/2026 – Newmont had its price target raised by BMO Capital Markets from $135.00 to $145.00. They now have an “outperform” rating on the stock.
- 9/21/2026 – Newmont had its price target raised by National Bank Financial from $120.00 to $140.00. They now have a “sector perform” rating on the stock.
- 9/16/2026 – Newmont had its price target raised by Royal Bank Of Canada from $135.00 to $155.00. They now have an “outperform” rating on the stock.
- 9/14/2026 – Newmont had its “hold (c+)” rating reaffirmed by Weiss Ratings.
- 9/9/2026 – Newmont had its price target lowered by Sanford C. Bernstein from $147.00 to $144.00. They now have an “outperform” rating on the stock.
- 8/24/2026 – Newmont had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $140.00 price target on the stock.
Newmont Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Thursday, September 3rd were issued a $0.26 dividend. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. Newmont’s dividend payout ratio is 13.13%.
Insider Transactions at Newmont
In related news, EVP Peter Toth sold 3,000 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $114.81, for a total value of $344,430.00. Following the completion of the sale, the executive vice president owned 34,315 shares in the company, valued at approximately $3,939,705.15. This trade represents a 8.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian Tabolt sold 11,445 shares of Newmont stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total value of $1,202,755.05. Following the sale, the chief financial officer directly owned 29,324 shares in the company, valued at approximately $3,081,659.16. This trade represents a 28.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 35,973 shares of company stock worth $3,927,169. 0.06% of the stock is currently owned by company insiders.
Newmont Corporation (NYSE:NEM) is a global mining company primarily engaged in the exploration, development, and production of gold. The company also produces copper, silver, zinc, and lead as byproducts of its mining operations. Its activities span the full mining life cycle, including resource discovery, project development, mine operations, processing, reclamation, and closure.
Founded in 1921, Newmont has grown into one of the world’s largest gold producers. The company operates and develops mines across several regions, including North America, South America, Australia, Africa, and Papua New Guinea.
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