Zacks Research Comments on Newmont’s Q2 Earnings (NYSE:NEM)

Newmont Co. (NYSE:NEMFree Report) – Analysts at Zacks Research upped their Q2 2025 EPS estimates for Newmont in a research report issued to clients and investors on Tuesday, May 6th. Zacks Research analyst A. Barman now anticipates that the basic materials company will post earnings per share of $0.71 for the quarter, up from their prior forecast of $0.70. The consensus estimate for Newmont’s current full-year earnings is $3.45 per share. Zacks Research also issued estimates for Newmont’s Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $0.81 EPS, FY2025 earnings at $3.50 EPS, Q1 2026 earnings at $0.83 EPS, Q2 2026 earnings at $0.79 EPS, Q3 2026 earnings at $0.96 EPS, Q4 2026 earnings at $0.95 EPS, FY2026 earnings at $3.53 EPS, Q1 2027 earnings at $1.01 EPS and FY2027 earnings at $3.91 EPS.

NEM has been the topic of a number of other reports. StockNews.com raised Newmont from a “hold” rating to a “buy” rating in a research note on Monday, February 24th. Argus set a $63.00 target price on Newmont in a research note on Friday, April 25th. TD Securities dropped their price objective on Newmont from $46.00 to $45.00 and set a “hold” rating for the company in a report on Wednesday, February 26th. Scotiabank reiterated a “sector perform” rating on shares of Newmont in a research report on Monday, April 14th. Finally, Cfra Research raised Newmont to a “strong-buy” rating in a research note on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, Newmont presently has an average rating of “Moderate Buy” and an average target price of $55.63.

Get Our Latest Report on Newmont

Newmont Stock Down 2.1 %

NEM opened at $52.84 on Friday. The company has a market cap of $58.81 billion, a P/E ratio of 18.03, a P/E/G ratio of 0.41 and a beta of 0.31. Newmont has a 12 month low of $36.86 and a 12 month high of $58.72. The business’s 50-day moving average price is $49.47 and its 200-day moving average price is $45.03. The company has a current ratio of 1.96, a quick ratio of 1.73 and a debt-to-equity ratio of 0.30.

Newmont (NYSE:NEMGet Free Report) last released its earnings results on Wednesday, April 23rd. The basic materials company reported $1.25 EPS for the quarter, beating the consensus estimate of $0.71 by $0.54. The company had revenue of $5.01 billion for the quarter, compared to analyst estimates of $4.82 billion. Newmont had a net margin of 17.92% and a return on equity of 13.52%. During the same quarter last year, the firm earned $0.55 EPS.

Institutional Trading of Newmont

Several large investors have recently modified their holdings of the company. ORG Partners LLC boosted its stake in shares of Newmont by 22.8% during the 4th quarter. ORG Partners LLC now owns 26,644 shares of the basic materials company’s stock worth $992,000 after acquiring an additional 4,948 shares during the last quarter. Hilltop National Bank raised its holdings in Newmont by 80.1% in the 4th quarter. Hilltop National Bank now owns 25,259 shares of the basic materials company’s stock worth $940,000 after purchasing an additional 11,234 shares during the period. Czech National Bank lifted its position in Newmont by 5.6% during the fourth quarter. Czech National Bank now owns 246,839 shares of the basic materials company’s stock valued at $9,187,000 after purchasing an additional 13,096 shares in the last quarter. Brookstone Capital Management bought a new stake in Newmont during the fourth quarter valued at about $245,000. Finally, Moody National Bank Trust Division lifted its position in shares of Newmont by 13.6% during the 4th quarter. Moody National Bank Trust Division now owns 22,079 shares of the basic materials company’s stock valued at $822,000 after buying an additional 2,645 shares in the last quarter. Institutional investors own 68.85% of the company’s stock.

Insider Transactions at Newmont

In other Newmont news, Director Bruce R. Brook sold 2,077 shares of Newmont stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $51.48, for a total value of $106,923.96. Following the completion of the sale, the director now owns 47,257 shares of the company’s stock, valued at approximately $2,432,790.36. This trade represents a 4.21 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $43.71, for a total value of $131,130.00. Following the completion of the transaction, the executive vice president now directly owns 86,526 shares of the company’s stock, valued at approximately $3,782,051.46. This trade represents a 3.35 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 7,154 shares of company stock valued at $328,840 in the last quarter. 0.05% of the stock is owned by insiders.

Newmont Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Tuesday, May 27th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, May 27th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.89%. Newmont’s dividend payout ratio is currently 22.42%.

Newmont Company Profile

(Get Free Report)

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.

Recommended Stories

Earnings History and Estimates for Newmont (NYSE:NEM)

Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.