Raymond James Weighs in on Newmont’s Q3 Earnings (NYSE:NEM)

Newmont Co. (NYSE:NEM) – Equities researchers at Raymond James dropped their Q3 2025 earnings per share (EPS) estimates for shares of Newmont in a research report issued to clients and investors on Friday, February 21st. Raymond James analyst B. Macarthur now forecasts that the basic materials company will post earnings of $0.58 per share for the quarter, down from their previous forecast of $0.74. Raymond James has a “Outperform” rating and a $59.00 price objective on the stock. The consensus estimate for Newmont’s current full-year earnings is $3.45 per share. Raymond James also issued estimates for Newmont’s Q4 2025 earnings at $0.68 EPS.

Newmont (NYSE:NEM) last released its earnings results on Thursday, February 20th. The basic materials company reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.29. The firm had revenue of $5.65 billion during the quarter, compared to analysts’ expectations of $5.32 billion. Newmont had a return on equity of 13.52% and a net margin of 17.92%.

NEM has been the subject of a number of other reports. StockNews.com upgraded Newmont from a “hold” rating to a “buy” rating in a research report on Monday. JPMorgan Chase & Co. raised Newmont from a “neutral” rating to an “overweight” rating in a research note on Tuesday, November 19th. The Goldman Sachs Group began coverage on shares of Newmont in a research report on Monday, January 13th. They issued a “buy” rating and a $47.20 price target on the stock. CLSA started coverage on shares of Newmont in a report on Friday, November 29th. They issued an “underperform” rating for the company. Finally, Bernstein Bank boosted their target price on Newmont from $55.00 to $58.00 in a research note on Monday, November 11th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $53.37.

Newmont Stock Performance

Shares of NEM stock opened at $42.90 on Monday. Newmont has a 12 month low of $29.42 and a 12 month high of $58.72. The company has a current ratio of 1.96, a quick ratio of 1.73 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $48.83 billion, a price-to-earnings ratio of 14.64, a PEG ratio of 0.41 and a beta of 0.52. The business’s 50-day moving average price is $41.70 and its 200-day moving average price is $46.39.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Brick & Kyle Associates grew its position in Newmont by 0.3% during the 4th quarter. Brick & Kyle Associates now owns 127,785 shares of the basic materials company’s stock worth $4,756,000 after purchasing an additional 343 shares during the last quarter. AlphaCore Capital LLC lifted its stake in shares of Newmont by 29.8% during the fourth quarter. AlphaCore Capital LLC now owns 5,962 shares of the basic materials company’s stock worth $222,000 after buying an additional 1,370 shares during the period. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. acquired a new stake in shares of Newmont during the fourth quarter worth $6,250,000. Parr Mcknight Wealth Management Group LLC purchased a new stake in shares of Newmont during the fourth quarter valued at $397,000. Finally, Neo Ivy Capital Management increased its position in shares of Newmont by 225.7% in the 4th quarter. Neo Ivy Capital Management now owns 13,263 shares of the basic materials company’s stock valued at $493,000 after acquiring an additional 9,191 shares during the period. Institutional investors own 68.85% of the company’s stock.

Insider Transactions at Newmont

In other news, Director Bruce R. Brook sold 2,077 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $42.89, for a total value of $89,082.53. Following the completion of the sale, the director now owns 49,993 shares of the company’s stock, valued at approximately $2,144,199.77. This represents a 3.99 % decrease in their position. The sale 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 Newmont stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $40.00, for a total transaction of $120,000.00. Following the transaction, the executive vice president now directly owns 82,596 shares in the company, valued at approximately $3,303,840. The trade was a 3.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 28,154 shares of company stock valued at $1,166,843. 0.06% of the stock is currently owned by company insiders.

Newmont Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 4th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, March 4th. This represents a $1.00 dividend on an annualized basis and a yield of 2.33%. Newmont’s dividend payout ratio is currently 34.13%.

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.