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Newmont Corporation

NEM Stock Analysis

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Dividend Score

Dividend Score ranks stocks based on metrics important to dividend investors, helping you identify companies with a history of consistent dividends and the financial strength

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Dividend Stability

NEM has shown inconsistent dividend payments over the past 10 years with 2 cuts over 5%.

Dividend Growth

NEM's dividend payments have increased by 12.296% annually over the last 5 years.

Earnings Growth

NEM's earnings have shown very poor growth, shrinking by -37.975% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

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About Newmont Corporation

Gold
Basic Materials

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2021, it had proven and probable gold reserves of 92.8 million ounces and land position of 62,800 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.

Newmont Corporation Key Metrics

Market Cap
$61B
52 Weeks Low
$29.42
52 Weeks High
$54.93
Dividend Yield
1.86%
P/E
-31.07x
P/S
4.13x

Upcoming Events

  • Dividend Payment

Newmont Corporation Dividends

Dividend Yield
1.86%
Payout Ratio
53.99%
Dividend Amount Per Share
$1.15
Last Ex-Dividend Date
Sep 05, 2024

NEM Dividend Safety

NEM paid out 53.99% of its -$3B earnings as dividends over the last 12 months.

Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

NEM's Dividend Payout Ratio of 53.99% is considered safe for the Basic Materials sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

NEM's Interest Coverage Ratio of 5.17 indicates strong financial health with easy coverage of interest expenses.

Income Quality

NEM demonstrates poor income quality with a ratio of -1.096. This indicates low-quality earnings and high risk of dividend cuts.

NEM Dividend Growth

Newmont Corporation(NEM) offers a dividend yield of 1.86% and pays $1.15 in dividends per share. Explore the historical dividend growth of NEM.

Dividend Stability

NEM has shown inconsistent dividend payments over the past 10 years with 2 cuts over 5%.

Dividend Growth

NEM's dividend payments have increased by 12.296% annually over the last 5 years.

Earnings Growth

NEM's earnings have shown very poor growth, shrinking by -37.975% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

More on Dividends

NEM Analyst Forecasts

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NEM Financials

NEM Income Statement Key Metrics

  • Revenue(TTM)14.73 B
  • Gross Profit(TTM)2.74 B
  • EBITDA(TTM)5.78 B
  • Net Income(TTM)-1.97 B
  • EPS Diluted(TTM)-2.14

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NEM earnings and revenue history

Gross Profit Margin vs Peers

Profit margin ratio of NEM (0.099) is lower than the average of its peers (0.372).

Net Profit Margin vs Peers

Net profit margin ratio of NEM (-0.214) is lower than the average of its peers (0.135).

NEM Return on Equity

See how efficiently NEM generates profit for it's shareholders.

-8.69%

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  1. Poor

  2. Average

  3. Strong

Return on Equity vs Peers

Return on Equity ratio of NEM (-0.087) is lower than the average of its peers (0.046).

Return on Equity Growth

NEM's Return on Equity has shown poor growth over the past 10 years, increasing by only -5.79%.

NEM Revenue Growth

See how NEM has grown it's revenue over the past 10 years.

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Revenue Growth

NEM's revenue has shown poor growth over the past 10 years, increasing by only 4.91%.