Key Points
- Insider sale: Newmont insider David James Fry sold 18,394 shares at an average price of $111.45 for about $2.05M, cutting his stake by 51.75% (disclosed on an SEC Form 4).
- Strong quarterly results and dividend increase: Newmont beat expectations with EPS of $2.52 (vs. $1.81) and revenue of $6.82B (up 20.6% YoY) and raised its quarterly dividend to $0.26 (annualized $1.04, ~1.0% yield).
- Market and analyst backdrop: Shares are down roughly 4.3% amid gold weakness and 2026 guidance concerns, though analysts remain largely positive with a consensus price target of about $134.15.
Newmont Corporation (NYSE:NEM - Get Free Report) insider David James Fry sold 18,394 shares of Newmont stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $111.45, for a total transaction of $2,050,011.30. Following the completion of the transaction, the insider directly owned 17,147 shares of the company's stock, valued at $1,911,033.15. This trade represents a 51.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Newmont Trading Down 4.3%
NYSE:NEM opened at $106.29 on Thursday. The stock has a market cap of $115.63 billion, a price-to-earnings ratio of 16.63, a PEG ratio of 0.86 and a beta of 0.39. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. The company's 50 day moving average price is $118.86 and its 200-day moving average price is $99.25. Newmont Corporation has a 52 week low of $42.93 and a 52 week high of $134.88.
Newmont (NYSE:NEM - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.71. Newmont had a return on equity of 23.28% and a net margin of 31.25%.The business had revenue of $6.82 billion for the quarter, compared to analysts' expectations of $6.18 billion. During the same period in the prior year, the firm posted $1.40 EPS. The firm's quarterly revenue was up 20.6% on a year-over-year basis. On average, equities research analysts forecast that Newmont Corporation will post 3.45 earnings per share for the current fiscal year.
Newmont Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Tuesday, March 3rd will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Tuesday, March 3rd. This is an increase from Newmont's previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.0%. Newmont's dividend payout ratio is currently 16.28%.
Key Stories Impacting Newmont
Here are the key news stories impacting Newmont this week:
- Positive Sentiment: Wall Street support and price targets: Several analysts have maintained buy/outperform ratings and the median price target in recent updates sits above the current price, giving a cushion for upside if bullion stabilizes. QuiverQuant: Newmont falls 3.2%
- Positive Sentiment: Dividend reaffirmation: Management reaffirmed the quarterly dividend in recent disclosures, which supports the company’s income profile for investors focused on yield. Yahoo Finance: Newmont Is Down 5.8%
- Neutral Sentiment: Planned, routine 10b5‑1 sale: Newmont disclosed an officer’s scheduled sale under a 10b5‑1 plan (small block), which is typically pre‑arranged and not an immediate red flag. TipRanks: Executive schedules routine sale
- Neutral Sentiment: Market reporting of the drop: Coverage notes Newmont’s share decline versus the broader market, summarizing the same drivers below as context for traders. Zacks: Newmont suffers larger drop
- Negative Sentiment: Gold weakness and 2026 guidance: Analysts and market writeups point to a softer gold backdrop (dollar strength and Fed rate expectations) and investor focus on Newmont’s 2026 outlook — which flags lower production and higher AISC — making the stock more sensitive on down days for bullion. QuiverQuant: Gold cools and investors refocus
- Negative Sentiment: Insider open‑market sale: A senior insider (David James Fry) sold ~18,394 shares (~$2.05M) recently, cutting his stake materially — transactions of this size can amplify negative sentiment, especially alongside broader selling. SEC Form 4: Insider sale
- Negative Sentiment: Macro/inflation pressure: Coverage highlights that recent U.S. inflation prints and market reaction pressured gold and raised questions about the resilience of Newmont’s cash returns under a weaker gold price scenario. Yahoo Finance: Inflation-driven gold weakness
Analyst Ratings Changes
A number of equities analysts have weighed in on NEM shares. Wall Street Zen raised Newmont from a "hold" rating to a "buy" rating in a research report on Sunday, March 8th. The Goldman Sachs Group raised their price target on shares of Newmont from $99.90 to $123.90 and gave the company a "buy" rating in a report on Monday, January 12th. Stifel Nicolaus lifted their price target on shares of Newmont from $120.00 to $175.00 and gave the stock a "buy" rating in a research note on Tuesday, February 10th. Argus increased their price objective on shares of Newmont from $75.00 to $94.00 in a research report on Friday, November 21st. Finally, TD Cowen raised their target price on shares of Newmont from $89.00 to $120.00 and gave the stock a "hold" rating in a report on Thursday, January 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $134.15.
Read Our Latest Stock Analysis on Newmont
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the company. GoalVest Advisory LLC bought a new stake in shares of Newmont during the 4th quarter valued at about $25,000. Swiss RE Ltd. bought a new position in shares of Newmont in the 4th quarter worth approximately $26,000. Cornerstone Planning Group LLC boosted its holdings in shares of Newmont by 312.1% in the fourth quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company's stock worth $27,000 after buying an additional 206 shares during the last quarter. Lodestone Wealth Management LLC purchased a new position in shares of Newmont in the fourth quarter worth approximately $28,000. Finally, Laurel Wealth Advisors LLC bought a new stake in Newmont during the fourth quarter valued at approximately $30,000. Institutional investors own 68.85% of the company's stock.
Newmont Company Profile
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
