Newmont Corporation (NYSE:NEM) Given Consensus Rating of “Buy” by Analysts

Shares of Newmont Corporation (NYSE:NEM) have been given an average rating of “Buy” by the twenty-four research firms that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and four have given a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $136.2571.

Several equities analysts recently issued reports on NEM shares. Jefferies Financial Group dropped their target price on shares of Newmont from $158.00 to $146.00 and set a “buy” rating on the stock in a report on Monday, July 6th. Royal Bank Of Canada lowered their price objective on Newmont from $140.00 to $135.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. TD raised Newmont from a “hold” rating to a “buy” rating and dropped their price objective for the company from $129.00 to $127.00 in a research note on Tuesday. Raymond James Financial cut their target price on Newmont from $139.00 to $137.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 30th. Finally, National Bank Financial decreased their target price on Newmont from $140.00 to $125.00 and set a “sector perform” rating for the company in a research note on Tuesday.

Insider Activity at Newmont

In other news, insider David John Thornton sold 2,296 shares of Newmont stock in a transaction on Friday, May 1st. The shares were sold at an average price of $110.11, for a total value of $252,812.56. Following the completion of the sale, the insider owned 23,163 shares in the company, valued at $2,550,477.93. The trade was a 9.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $92.38, for a total transaction of $277,140.00. Following the transaction, the executive vice president owned 43,315 shares in the company, valued at $4,001,439.70. The trade was a 6.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 28,556 shares of company stock worth $3,058,146. Corporate insiders own 0.06% of the company’s stock.

Institutional Trading of Newmont

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Accel Wealth Management raised its stake in Newmont by 0.8% during the 2nd quarter. Accel Wealth Management now owns 14,744 shares of the basic materials company’s stock worth $1,377,000 after buying an additional 115 shares during the period. Tema ETFs LLC boosted its holdings in Newmont by 10.1% in the second quarter. Tema ETFs LLC now owns 19,015 shares of the basic materials company’s stock worth $1,776,000 after acquiring an additional 1,740 shares in the last quarter. E. Ohman J or Asset Management AB grew its stake in Newmont by 4.5% in the second quarter. E. Ohman J or Asset Management AB now owns 37,498 shares of the basic materials company’s stock valued at $3,502,000 after acquiring an additional 1,600 shares during the period. Fulcrum Equity Management increased its holdings in shares of Newmont by 30.1% during the second quarter. Fulcrum Equity Management now owns 2,599 shares of the basic materials company’s stock valued at $243,000 after acquiring an additional 601 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of Newmont during the second quarter valued at approximately $381,000. 68.85% of the stock is owned by institutional investors.

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: TD Securities upgraded Newmont from hold to strong-buy, while TD Cowen also raised the stock to buy on attractive valuation after its pullback, reinforcing the view that shares may be oversold. Analyst upgrade coverage
• Positive Sentiment: Several research notes still point to meaningful upside, including price targets near or above the current share price, which suggests Wall Street sees value despite recent weakness. Yahoo Finance article on cheap blue chip stock view
• Positive Sentiment: Newmont’s long-term investment case remains supported by growth projects, strong cash flow, and share buybacks, which could help the stock if gold prices stabilize. Zacks article on Newmont stock slides
• Neutral Sentiment: One note highlighted Newmont as an important gold-sector bellwether, keeping the stock closely tied to broader moves in bullion and mining sentiment. Kalkine Media article
• Negative Sentiment: Recent articles emphasize that NEM has fallen about 16% over the past three months as gold prices weakened, weighing on near-term sentiment. Zacks article on recent stock decline
• Negative Sentiment: Another Zacks note warned that Newmont may face higher 2026 unit costs due to lower production, royalties, sustaining capital, and inventory changes, which could pressure margins. Zacks article on margins and costs

Newmont Stock Up 0.5%

Newmont stock opened at $95.18 on Thursday. The firm has a market cap of $101.61 billion, a price-to-earnings ratio of 12.35, a PEG ratio of 1.08 and a beta of 0.46. Newmont has a 52-week low of $56.73 and a 52-week high of $134.88. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.17 and a current ratio of 2.44. The firm has a 50 day moving average price of $103.30 and a two-hundred day moving average price of $110.45.

Newmont (NYSE:NEM) last posted its quarterly earnings data on Thursday, April 23rd. The basic materials company reported $2.90 EPS for the quarter, beating analysts’ consensus estimates of $2.07 by $0.83. Newmont had a net margin of 33.87% and a return on equity of 27.84%. The company had revenue of $7.31 billion for the quarter, compared to analyst estimates of $6.83 billion. During the same period in the prior year, the firm posted $1.25 EPS. The company’s quarterly revenue was up 45.8% on a year-over-year basis. Equities analysts predict that Newmont will post 9.32 EPS for the current year.

Newmont Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Wednesday, May 27th were issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Wednesday, May 27th. Newmont’s dividend payout ratio is presently 13.49%.

Newmont Company Profile

Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.

Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.