Newmont stock holds firm as earnings and dividends support it

Published on 09/07/2026 at 18:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Newmont stock stays in view after its July 23, 2026 quarter showed $2.10 EPS and $6.12 billion revenue, while the dividend record date of September 3, 2026 adds another dated marker.

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Newmont Corp (US6516391066) stock traded at USD 128.09 on September 4, 2026, with a market capitalization of USD 134.97 billion and a 52-week range of USD 75.21 to USD 135.29. The move follows a July 23, 2026 quarter in which the company reported USD 2.10 earnings per share and USD 6.12 billion in revenue, both key figures for investors weighing gold-price leverage against valuation.

Earnings still set the tone

MarketBeat said Newmont's latest quarter on July 23, 2026 beat consensus EPS by USD 0.05, after the company posted USD 2.10 per share versus expectations of USD 2.05. Revenue came in at USD 6.12 billion against USD 6.35 billion expected, while net margin reached 33.36 percent and return on equity 29.10 percent.

That combination matters because the quarter showed a clear earnings beat but a revenue miss, a split that keeps attention on operating leverage rather than top-line momentum alone. MarketBeat also listed the annual dividend at USD 1.04 and the payout ratio at 13.13 percent, with the ex-dividend date on September 3, 2026 and payment due on September 28, 2026.

Analysts keep a high bar

Consensus data from MarketBeat put Newmont at a Moderate Buy with an average target price of USD 132.73. The same source said BMO Capital Markets cut its target to USD 135.00 from USD 145.00, Bank of America lowered its view to USD 132.00 from USD 157.00, and TD raised its target to USD 133.00 from USD 127.00.

The spread is wide enough to matter. The stock opened at USD 128.09, which leaves it close to the average target and below the top end of the current analyst range cited in the market note.

Dividend and product mix

Newmont's main earnings engine is still its gold portfolio, and the July 23, 2026 quarter shows why that matters: a 33.36 percent net margin turns even modest revenue swings into large profit changes. The company also reported a return on equity of 29.10 percent, a level that signals strong capital efficiency for a miner with heavy asset intensity.

Price and setup

The stock last traded at USD 128.09 on September 4, 2026, after moving within a 52-week band from USD 75.21 to USD 135.29 and a market value of USD 134.97 billion. For now, the key market question is whether Newmont can hold close to the upper end of that range while the next results cycle and dividend calendar stay in view.