Kinross Gold (NYSE:KGC) Stock Forecast & Analyst Predictions

Kinross Gold (NYSE:KGC) Stock Forecast & Analyst Predictions - Simply Wall St (2024)

Future criteria checks 1/6

Kinross Gold's revenue is forecast to decline at 0.4% per annum while its annual earnings are expected to grow at 4.5% per year. EPS is expected to grow by 4.1% per annum. Return on equity is forecast to be 14% in 3 years.

Key information

4.5%

Earnings growth rate

4.1%

EPS growth rate

Metals and Mining earnings growth	22.1%
Revenue growth rate	-0.4%
Future return on equity	14.0%
Analyst coverage	Good
Last updated	13 Sep 2024

Recent future growth updates

Recent updates

Kinross Gold: Limited Margin Of Safety At Current Levels

Sep 16

Kinross Gold: Stock Re-Rating Depends On Inorganic Growth Strategy

Aug 30

Kinross Gold: A Strong Q1, But No Longer Cheap

May 08

Kinross Gold: Best Leverage To Gold Among Seniors

Feb 21

Kinross Gold Is Outperforming: But Is The Stock A Buy?

Dec 14

Kinross Gold declares $0.03 dividend

Feb 15

Kinross Gold announces ownership of shares of Allegiant Gold

Jan 17

Kinross Gold receives TSX approval to increase normal course issuer bid

Sep 30

Kinross Gold renews NCIB to buy back up to 65M shares

Jul 28

Kinross Gold: The Capitulation Phase

Jun 29

Kinross Gold: Dasvidaniya Russia

Jun 21

Kinross Gold: Too Cheap To Ignore

May 11

Earnings and Revenue Growth Forecasts

NYSE:KGC - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	4,840	818	848	1,788	9
12/31/2025	4,910	879	971	1,882	14
12/31/2024	4,868	778	906	1,979	14
6/30/2024	4,519	493	566	1,796	N/A
3/31/2024	4,392	433	491	1,721	N/A
12/31/2023	4,240	416	393	1,605	N/A
9/30/2023	4,200	245	468	1,669	N/A
6/30/2023	3,954	201	342	1,434	N/A
3/31/2023	3,684	40	157	1,113	N/A
12/31/2022	3,455	31	242	1,050	N/A
9/30/2022	2,994	71	29	773	N/A
6/30/2022	2,720	-67	128	871	N/A
3/31/2022	2,606	-26	275	1,052	N/A
12/31/2021	2,600	-28	266	1,135	N/A
9/30/2021	3,180	821	707	1,619	N/A
6/30/2021	3,729	1,134	1,097	1,893	N/A
3/31/2021	4,028	1,299	983	1,938	N/A
12/31/2020	4,213	1,342	994	1,958	N/A
9/30/2020	4,015	1,081	726	1,685	N/A
6/30/2020	3,760	901	279	1,373	N/A
3/31/2020	3,591	777	219	1,273	N/A
12/31/2019	3,497	719	120	1,225	N/A
9/30/2019	3,288	169	-80	1,000	N/A
6/30/2019	3,164	4	-190	895	N/A
3/31/2019	3,102	-65	-314	747	N/A
12/31/2018	3,213	-24	-255	789	N/A
9/30/2018	3,236	222	-112	972	N/A
6/30/2018	3,311	386	-5	1,042	N/A
3/31/2018	3,404	417	N/A	1,037	N/A
12/31/2017	3,303	445	N/A	952	N/A
9/30/2017	3,396	111	N/A	888	N/A
6/30/2017	3,478	54	N/A	956	N/A
3/31/2017	3,486	-4	N/A	1,093	N/A
12/31/2016	3,472	-104	N/A	1,099	N/A
9/30/2016	3,275	-829	N/A	979	N/A
6/30/2016	3,175	-885	N/A	945	N/A
3/31/2016	3,053	-943	N/A	796	N/A
12/31/2015	3,052	-984	N/A	832	N/A
9/30/2015	3,137	-1,616	N/A	826	N/A
6/30/2015	3,274	-1,568	N/A	897	N/A
3/31/2015	3,430	-1,438	N/A	891	N/A
12/31/2014	3,466	-1,400	N/A	849	N/A
9/30/2014	3,552	-666	N/A	857	N/A
6/30/2014	3,483	-615	N/A	683	N/A
3/31/2014	3,539	-3,143	N/A	625	N/A
12/31/2013	3,780	-3,013	N/A	775	N/A
9/30/2013	4,089	-5,257	N/A	1,074	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KGC's forecast earnings growth (4.5% per year) is above the savings rate (2.5%).

Earnings vs Market: KGC's earnings (4.5% per year) are forecast to grow slower than the US market (15.3% per year).

High Growth Earnings: KGC's earnings are forecast to grow, but not significantly.

Revenue vs Market: KGC's revenue is expected to decline over the next 3 years (-0.4% per year).

High Growth Revenue: KGC's revenue is forecast to decline over the next 3 years (-0.4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: KGC's Return on Equity is forecast to be low in 3 years time (14%).