Newmont (NEM) Projected to Announce Earnings on Thursday

Newmont (NYSE:NEM) is projected to post its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect the company to post earnings of $1.96 per share and revenue of $6.26 billion for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 22, 2026 at 5:30 PM ET.

Newmont (NYSE:NEM) last posted its quarterly earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.05. The firm had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.35 billion. Newmont had a return on equity of 29.10% and a net margin of 33.36%. During the same quarter in the previous year, the business earned $1.43 earnings per share. On average, analysts expect Newmont to post $9.04 EPS for the current fiscal year and $9.85 EPS for the next fiscal year.

Newmont Trading Down 1.1%

Shares of NYSE:NEM opened at $116.75 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.55 and a quick ratio of 2.26. Newmont has a 1 year low of $76.05 and a 1 year high of $135.29. The company has a market cap of $123.02 billion, a P/E ratio of 14.74, a PEG ratio of 2.19 and a beta of 0.51. The stock’s fifty day moving average price is $122.07 and its 200-day moving average price is $110.98.

Newmont Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Thursday, September 3rd were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, September 3rd. Newmont’s dividend payout ratio (DPR) is presently 13.13%.

Analysts Set New Price Targets

A number of brokerages have weighed in on NEM. Canadian Imperial Bank of Commerce set a $154.00 target price on Newmont in a research report on Friday. Citigroup upped their target price on shares of Newmont from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday. Canaccord Genuity Group dropped their price target on shares of Newmont from $160.00 to $130.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. BNP Paribas Exane reduced their price target on shares of Newmont from $111.00 to $102.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. Finally, Barclays decreased their price objective on shares of Newmont from $124.00 to $123.00 and set an “overweight” rating for the company in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $133.92.

Insider Transactions at Newmont

In related news, CEO Natascha Viljoen sold 7,764 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $104.00, for a total transaction of $807,456.00. Following the completion of the sale, the chief executive officer owned 135,235 shares in the company, valued at approximately $14,064,440. This represents a 5.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian Tabolt sold 11,445 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $105.09, for a total value of $1,202,755.05. Following the sale, the chief financial officer owned 29,324 shares of the company’s stock, valued at approximately $3,081,659.16. This trade represents a 28.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 35,973 shares of company stock worth $3,927,169 in the last ninety days. Insiders own 0.06% of the company’s stock.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Bernstein reportedly raised its Newmont price target to $150, signaling increased confidence in the gold producer’s valuation and potential upside. Bernstein raises Newmont price target
• Positive Sentiment: Citigroup lifted its Newmont price target to $140 from $125, adding to the constructive analyst view and suggesting potential appreciation from current levels. Citigroup adjusts Newmont price target
• Positive Sentiment: Newmont is included among gold stocks considered worth researching or buying after recent weakness, which could support investor interest if gold prices stabilize. Gold stocks worth buying on weakness
• Neutral Sentiment: Articles are highlighting Wall Street estimates for Newmont’s key third-quarter metrics for the quarter ended September 2026. The coverage may increase attention ahead of earnings, but it does not provide new reported results. Newmont Q3 performance estimates
• Neutral Sentiment: An options-focused article discusses using a naked put as an earnings strategy, reflecting elevated volatility and investor interest rather than a fundamental change in Newmont’s outlook. Newmont earnings options strategy
• Negative Sentiment: National Bank Financial lowered its price target to $135 from $140 and kept a “sector perform” rating, indicating more cautious expectations even though the revised target still implies upside. National Bank Financial rating update
• Negative Sentiment: Gold has retreated about 0.5% to roughly $4,120 an ounce as investors consider the possibility of higher interest rates. A stronger rate outlook can pressure non-yielding bullion and weigh on gold-mining shares, including NEM.

Newmont Company Profile

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.