Company Performance - Newmont Corporation's stock closed at $126.93, reflecting a -3.8% change from the previous day's closing price, which is less than the S&P 500's daily loss of 0.13% [1] - Over the past month, Newmont's shares have gained 32.15%, significantly outperforming the Basic Materials sector's gain of 12.37% and the S&P 500's gain of 0.78% [1] Upcoming Earnings - The upcoming earnings report for Newmont Corporation is scheduled for February 19, 2026, with an expected EPS of $1.81, indicating a 29.29% increase compared to the same quarter last year [2] - The consensus estimate for revenue is projected at $5.75 billion, which represents a 1.78% increase from the prior-year quarter [2] Full Year Estimates - For the full year, Zacks Consensus Estimates project earnings of $6.33 per share and revenue of $21.72 billion, showing changes of +81.9% and 0%, respectively, from the previous year [3] - Recent changes to analyst estimates for Newmont indicate a favorable outlook on the company's business health and profitability [3] Analyst Ratings - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Newmont Corporation as 3 (Hold) [5] - The Zacks Consensus EPS estimate has increased by 3.27% in the past month, reflecting positive sentiment among analysts [5] Valuation Metrics - Newmont Corporation has a Forward P/E ratio of 17.25, which is a premium compared to the industry average Forward P/E of 16.02 [6] - The company has a PEG ratio of 1.01, while the Mining - Gold industry has an average PEG ratio of 0.49 [6] Industry Overview - The Mining - Gold industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 74, placing it in the top 31% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Group 1 - Precious metals, particularly silver and gold, have reached all-time highs in early 2026, indicating a strong market sentiment among "gold bugs" [1] - The S&P 500 Materials Sector SPDR (XLB) is not reflecting the same bullish sentiment, suggesting a divergence between precious metals and industrial materials [2][4] - XLB includes major companies in the industrial sector, such as Linde PLC, Newmont Corp, and Freeport-McMoRan, but is struggling to keep pace with the S&P 500 Index despite higher metal prices [4] Group 2 - The current market situation indicates a cooling industrial demand for materials, as chemical companies and construction material providers face margin pressures from rising energy costs and slowing manufacturing data [5] - Historically, a scenario where precious metals rise while industrial materials lag signals a speculative rally rather than one based on economic fundamentals [6] - XLB is currently near its 200-day moving average and unable to break resistance levels, suggesting potential exhaustion in the rally of gold and silver [7] Group 3 - The high Percentage Price Oscillator (PPO) level and stretched price nature of XLB indicate caution for investors, although a rally in energy stocks could mitigate some of the potential downturn in precious metals [8]

Core Viewpoint - The precious metals market experienced significant declines, with gold and silver prices dropping sharply, impacting related stocks negatively [1] Group 1: Gold Market - Spot gold fell below three key psychological levels, reaching a low of $5105.83, a drop of over $400 from its intraday high [1] - The decline in gold prices reflects broader market volatility and investor sentiment [1] Group 2: Silver Market - Spot silver saw a drastic decline of 8% during the day, after briefly surpassing $121 per ounce, falling over $15 to currently trade at $108.23 per ounce [1] - The sharp drop in silver prices indicates a significant shift in market dynamics and investor confidence [1] Group 3: Mining Stocks - Precious metal mining stocks experienced notable declines, with Endeavour Silver (EXK.US) and First Majestic Silver (AG.US) both dropping over 8% [1] - Pan American Silver (PAAS.US) fell more than 6.7%, Newmont Corporation (NEM.US) decreased over 5%, and Harmony Gold (HMY.US) dropped over 8% [1]

Core Viewpoint - Newmont Corporation (NEM) has significantly outperformed the broader market and is experiencing strong growth in earnings potential due to rising gold prices. Group 1: Company Overview - Newmont Corporation is a gold mining company based in Denver, Colorado, with a market capitalization of $144 billion, primarily focused on gold production and also involved in copper, silver, zinc, and lead as by-products [1]. Group 2: Stock Performance - Over the past 52 weeks, NEM shares have increased by 219.1%, while the S&P 500 Index has only gained 15%. Year-to-date, NEM is up 32.2%, compared to the S&P 500's 1.9% return [2]. - NEM has outperformed the VanEck Gold Miners ETF (GDX), which rose 197.5% over the past 52 weeks and 30.8% year-to-date [3]. Group 3: Market Reaction and Earnings Potential - On January 28, NEM shares rose by 3.9% as gold prices surged over 3% to a new all-time high, enhancing investor optimism regarding the miners' earnings potential, cash flows, and margins [4]. - For the current fiscal year ending in December, analysts project NEM's earnings per share (EPS) to grow by 81.9% year-over-year to $6.33, with a strong earnings surprise history [5]. Group 4: Analyst Ratings and Price Targets - Among 23 analysts covering NEM, the consensus rating is a "Strong Buy," with 17 "Strong Buy," two "Moderate Buy," and four "Hold" ratings [5]. - The Bank of Nova Scotia has maintained an "Outperform" rating on NEM and raised its price target to $152, indicating a potential upside of 15.2% from current levels, while the stock is trading above its mean price target of $119.83 [6].

Group 1 - Newmont Corporation (NYSE:NEM) is recognized as one of the 11 most profitable cheap stocks to invest in currently, with Scotiabank raising its price target from $114 to $152 while maintaining an Outperform rating [1] - Scotiabank has updated its price targets for gold and precious minerals companies, increasing its forecasts for gold and silver prices due to ongoing economic and geopolitical uncertainties and central bank buying [2] - Citi raised its price target for Newmont from $104 to $118, maintaining a Buy rating, while expressing a neutral stance on gold prices after a recent rally and expecting some moderation throughout the year [3] - Raymond James also increased its price target for Newmont from $99 to $111, keeping an Outperform rating, and emphasized the company's lower jurisdictional risk and solid cash flow generation [4] Group 2 - Newmont Corporation is a major player in the gold mining industry and also produces copper, zinc, lead, and silver, making it one of the largest gold mining companies globally [5]

Core Viewpoint - Newmont (NEM) has shown remarkable performance in the mining sector, with its stock up over 26% year-to-date, driven by a supply crunch from both monetary and industrial demand [1]. Group 1: Stock Performance - NEM stock is currently priced at $125.92, and there is a positive outlook for its future performance, suggesting it will likely remain above the current market price in the coming years [3]. - Despite the long-term growth potential, there may be a temporary lull in the short term that could present opportunities for quick profits for traders [2]. Group 2: Options Market Insights - The volatility skew indicates that call options are priced higher than put options, particularly at lower strike prices, suggesting that investors are prioritizing upside potential over downside protection [5][6]. - The high demand for call options reflects a crowded trade, where investors are willing to pay a premium for the potential upside of NEM stock [6]. Group 3: Market Dynamics - The backwardation of silver prices is contributing to increased volume in bullish positions for NEM, as the market tends to respond to precious metals collectively, benefiting gold prices and NEM stock [7].

Gold price rally hits $5,000 for first time as bull coin breaks through milestone with upward arrows. Key Points Gold futures have crossed the $5,000 level, signaling a potentially new long-term trading range for the metal. Large-cap miners like Newmont offer stability, while mid- and small-cap miners provide asymmetric upside to gold prices. Even with potential pullbacks in gold, many miners remain highly profitable, supporting continued investor interest. Interested in TRX Gold Co.? Here are five st ...

Core Insights - The Zacks Equity Research team has highlighted several stocks, including NextEra Energy, Newmont Corp., Blackstone Inc., and Bluerock Homes Trust, in their Analyst Blog, focusing on their recent performance and outlook [1][2]. NextEra Energy, Inc. (NEE) - NextEra Energy's shares have outperformed the Zacks Utility - Electric Power industry over the past six months, with a gain of +21.9% compared to the industry's +10.4% [4]. - The company is expanding its operations through organic projects and acquisitions, with nearly 30 GW of renewable projects in its backlog [4]. - Florida's improving economy is boosting demand for its services, and the company is effectively managing debt with top-tier credit ratings [5]. Newmont Corp. (NEM) - Newmont's shares have outperformed the Zacks Mining - Gold industry over the past six months, with a gain of +103.4% compared to the industry's +95.1% [7]. - The company is making progress with growth projects, including the Tanami expansion, and has created an industry-leading portfolio through the acquisition of Newcrest [8]. - However, Newmont is facing challenges with higher production costs and lower gold production, which may impact its performance in the fourth quarter [9]. Blackstone Inc. (BX) - Blackstone's shares have declined -14.4% over the past six months, while the Zacks Financial - Miscellaneous Services industry has seen a decline of -17.2% [10]. - The company is experiencing macroeconomic uncertainties and elevated operating expenses, which are expected to hurt profits [10]. - Despite these challenges, Blackstone has a strong earnings surprise history and a solid balance sheet, which supports its ability to meet debt obligations [11][12]. Bluerock Homes Trust, Inc. (BHM) - Bluerock Homes has underperformed the Zacks REIT and Equity Trust - Residential industry over the past six months, with a decline of -37.5% compared to the industry's -4.5% [13]. - The company is facing persistent net losses and rising costs, along with a high payout ratio of 294%, which raises concerns about profitability and capital efficiency [13]. - However, Bluerock Homes has strong liquidity with $162.7 million in unrestricted cash, allowing it to fund acquisitions and developments without immediate dilution [14].

Core Viewpoint - Newmont Corporation (NYSE: NEM) is being initiated with a Strong Buy rating due to its attractive valuation and strong financial profile [1] Group 1: Investment Thesis - The current valuation numbers of Newmont Corporation present a significant investment opportunity [1] - The company is recognized for its solid financial profile, which is appealing to investors [1] Group 2: Analyst Background - The analysis is conducted by an individual with a background in Financial Engineering, specializing in quantamental analysis that combines data-driven models with fundamental research [1] - The structured process used in the analysis includes both top-down screening and bottom-up company-specific analysis [1] Group 3: Research Goals - The aim is to make unique investment ideas and research accessible to both retail and professional investors while maintaining analytical depth [1]

Core Viewpoint - Gold prices have reached record highs, exceeding $5,000 per ounce, driven by market uncertainty, global tensions, and a weakening dollar, which presents both opportunities and risks for investors in the mining sector [1]. Group 1: Newmont Corporation - Newmont Corporation, the largest gold miner by market cap, is experiencing record profits while reducing long-term debt, with a reported revenue of $5.5 billion, up nearly 20% year over year, and earnings per share (EPS) of $1.67, up 108% [3][7]. - In the third quarter, Newmont produced 1.4 million ounces of gold, a decrease of 28.5% year over year, but maintained a profit of nearly $2,000 per ounce mined due to an average all-in sustaining cost (AISC) of $1,566 per ounce and an average realized gold price of $3,539 per ounce [6]. - Newmont has a diversified portfolio, mining not only gold but also copper, lead, zinc, and silver, which provides stability against fluctuations in gold prices [4]. - The company faces potential challenges in Ghana, where it operates two mines, as the government plans to increase royalties to 12% if gold prices exceed $4,500 per ounce, which could impact profits [8][9]. Group 2: Agnico Eagle Mines - Agnico Eagle Mines, the second-largest gold producer, is on track to produce a record 3.5 million ounces of gold this year, with a net income increase of 86% year over year to $1.06 billion and an EPS of $2.10 [10][12]. - The company has a strong financial position with $2.7 billion in cash and only $196 million in debt, having paid down $950 million in debt this year [14]. - Agnico's all-in AISC for gold production is $1,373 per ounce, while it realized an average price of $3,476 per ounce, indicating a high-margin operation [14]. - Despite a 145% rise in share price over the past year, concerns exist regarding its valuation, as the stock is trading around 32 times earnings, and its return on equity (ROE) is 9.35%, which is below expectations for a leading mining company [13]. Group 3: Investment Outlook - Both Newmont and Agnico Eagle Mines are positioned to benefit from elevated gold prices, serving as a hedge against inflation and providing diversification for investors' portfolios [15]. - The mining companies have the advantage of scale, with established operations that can maintain profitability even if gold prices fluctuate [16].