- Newmont (NEM, Financial) maintains a steady dividend policy with a quarterly payout of CAD 0.25 per share.
- Analyst projections suggest a potential upside of 15.16% for Newmont's stock price.
- Current analyst ratings position Newmont as an "Outperform" investment opportunity.
Newmont (NEM) remains committed to rewarding its shareholders, continuing its tradition of dispensing a quarterly dividend of CAD 0.25 per share, identical to the prior payout. Boasting a forward yield of 1.36%, this dividend is scheduled for payment on June 20, following a record and ex-dividend date set for May 27.
Analysts' Price Target Insights
Delving into projections by 18 analysts, Newmont Corp (NEM, Financial) sees an average one-year price target of $61.21. Estimates fluctuate, reaching a high of $77.50 and a low of $52.00. This average target suggests a promising upside of 15.16% from the current trading price of $53.15. For a comprehensive view of these estimates, visit the Newmont Corp (NEM) Forecast page.
Brokerage Firm Recommendations
Newmont Corp (NEM, Financial) currently earns an average brokerage recommendation of 2.0 from 20 firms, translating to an "Outperform" rating. This rating follows a scale from 1, indicating Strong Buy, up to 5, which signifies Sell.
GF Value Estimation
According to GuruFocus' calculations, the estimated GF Value for Newmont Corp (NEM, Financial) over the next year is pegged at $48.61, indicating a potential downside of 8.54% compared to its current market price of $53.15. The GF Value reflects what the stock is theoretically worth, derived from historical trading multiples, previous business growth, and anticipated future performance. For detailed insights, explore the Newmont Corp (NEM) Summary page.
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