Key Points
- Newmont EVP Peter Wexler sold 13,378 shares on May 1 at an average price of $110.11 for about $1.47M, a transaction executed under a pre‑arranged Rule 10b5‑1 plan to cover tax withholding and reducing his stake by ~16.5% to 67,865 shares.
- Newmont reported a strong Q1 beat with $2.90 EPS vs. $2.07 expected and revenue of $7.31B (up 45.8% year‑over‑year), and the company declared a quarterly dividend of $0.26 (annualized $1.04, yield ~1.0%).
- Despite the Q1 results, the stock sold off after Newmont authorized up to a $6 billion buyback, but analysts remain largely positive with a consensus rating of “Moderate Buy” and an average price target of about $142.51.
Newmont Corporation (NYSE:NEM - Get Free Report) insider David John Thornton sold 2,296 shares of Newmont stock in a transaction on Friday, May 1st. The stock was sold at an average price of $110.11, for a total transaction of $252,812.56. Following the completion of the transaction, the insider directly owned 23,163 shares of the company's stock, valued at $2,550,477.93. The trade was a 9.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.
Newmont Stock Performance
Shares of NYSE:NEM opened at $108.23 on Tuesday. Newmont Corporation has a 52 week low of $48.27 and a 52 week high of $134.88. The stock has a market capitalization of $115.54 billion, a P/E ratio of 14.04, a PEG ratio of 1.55 and a beta of 0.43. The firm has a fifty day simple moving average of $113.57 and a two-hundred day simple moving average of $105.57. The company has a quick ratio of 2.17, a current ratio of 2.44 and a debt-to-equity ratio of 0.15.
Newmont (NYSE:NEM - Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The basic materials company reported $2.90 EPS for the quarter, topping 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 business had revenue of $7.31 billion during the quarter, compared to analysts' expectations of $6.83 billion. During the same period last year, the company posted $1.25 EPS. The business's revenue was up 45.8% on a year-over-year basis. On average, analysts expect that Newmont Corporation will post 9.47 earnings per share for the current fiscal year.
Newmont Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Wednesday, May 27th will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, May 27th. Newmont's dividend payout ratio (DPR) is presently 13.49%.
Analysts Set New Price Targets
NEM has been the subject of several analyst reports. Zacks Research lowered shares of Newmont from a "strong-buy" rating to a "hold" rating in a report on Friday, April 3rd. BMO Capital Markets raised their target price on shares of Newmont from $140.00 to $145.00 and gave the stock an "outperform" rating in a report on Friday, April 24th. TD Cowen restated a "buy" rating on shares of Newmont in a report on Monday, April 27th. National Bank Financial raised their target price on shares of Newmont from $130.00 to $140.00 and gave the stock a "sector perform" rating in a report on Friday, April 24th. Finally, Citigroup raised their target price on shares of Newmont from $118.00 to $150.00 and gave the stock a "buy" rating in a report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $142.51.
View Our Latest Stock Report on NEM
Newmont News Roundup
Here are the key news stories impacting Newmont this week:
- Positive Sentiment: Q1/2026 beat and “record” results cited by Zacks reinforce the earnings momentum: Newmont's recent quarter showed sharply higher revenue and EPS versus year-ago levels, supporting the company's profitability story. These 3 Companies Reported Record Breaking Results
- Positive Sentiment: Zacks highlights Newmont as a long‑term growth name based on style scores and fundamentals, which may underpin longer‑term investor interest despite short‑term volatility. Why Newmont Corporation (NEM) is a Top Growth Stock for the Long-Term
- Positive Sentiment: Newmont appears on a list of top silver‑mining picks with projected upside (~35.7% in that screen), which could attract interest from precious‑metals and thematic investors. 5 Best Silver Mining Stocks to Buy
- Neutral Sentiment: Multiple executive share sales (Peter Wexler, David John Thornton, Peter Toth) were filed as Form 4s and executed under pre‑arranged Rule 10b5‑1 plans to cover tax withholding from vested awards — reduces insider ownership percentages but appears administrative rather than a signal of concern. SEC filings: Wexler Form 4 / Thornton Form 4 / Toth Form 4
- Negative Sentiment: Market reacted poorly in early May after Newmont authorized up to US$6 billion in buybacks despite a strong Q1 beat; one account notes a ~10% intraday decline, suggesting short‑term profit taking, gold‑price sensitivity, or investor re‑pricing of buyback timing/size. That selloff is driving today's weaker price action. Newmont (NEM) Is Down 10.0% After Authorizing US$6 Billion Buyback And Q1 Beat
- Neutral Sentiment: Commentary (e.g., Motley Fool) reminds investors that Newmont’s share moves are closely tied to gold prices; macro moves in commodities or rates can outweigh company‑level positives in the short term. Newmont Investors Should Have Expected It
Institutional Investors Weigh In On Newmont
Several institutional investors have recently made changes to their positions in NEM. Apella Capital LLC boosted its position in Newmont by 4.1% in the 4th quarter. Apella Capital LLC now owns 2,198 shares of the basic materials company's stock valued at $219,000 after buying an additional 86 shares during the period. New Wave Wealth Advisors LLC boosted its position in Newmont by 1.3% in the 4th quarter. New Wave Wealth Advisors LLC now owns 6,849 shares of the basic materials company's stock valued at $684,000 after buying an additional 88 shares during the period. Novem Group boosted its position in Newmont by 3.7% in the 4th quarter. Novem Group now owns 2,487 shares of the basic materials company's stock valued at $248,000 after buying an additional 88 shares during the period. Norden Group LLC boosted its position in Newmont by 0.7% in the 4th quarter. Norden Group LLC now owns 12,367 shares of the basic materials company's stock valued at $1,235,000 after buying an additional 90 shares during the period. Finally, Parkside Financial Bank & Trust boosted its position in Newmont by 1.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,153 shares of the basic materials company's stock valued at $714,000 after buying an additional 96 shares during the period. Institutional investors own 68.85% of the company's stock.
About Newmont
(
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.
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