In the latest trading session, 2.28 million Gold Fields Limited (NYSE:GFI) shares changed hands as the company’s beta touched 0.88. With the company’s most recent per share price at $13.99 changing hands around $0.53 or 3.94% at last look, the market valuation stands at $12.14B. GFI’s current price is a discount, trading about -20.94% off its 52-week high of $16.92. The share price had its 52-week low at $7.03, which suggests the last value was 49.75% up since then. When we look at Gold Fields Limited’s average trading volume, we note the 10-day average is 6.59 million shares, with the 3-month average coming to 5.75 million.

Analysts gave the Gold Fields Limited (GFI) stock a consensus recommendation rating of a Hold, calculated at a mean rating of 2.50. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 7 recommended GFI as a Hold, 3 felt it is a Buy and 1 rated the stock as Underweight. Gold Fields Limited’s EPS for the current quarter is expected to be $0.

Gold Fields Limited (NYSE:GFI) trade information

Instantly GFI is in green as seen in intraday trades today. With action 4.56%, the performance over the past five days has been green. The jump to weekly highs of 14.00 on Monday, 04/03/23 added 3.94% to the stock’s daily price. The company’s shares are showing year-to-date upside of 35.17%, with the 5-day performance at 4.56% in the green. However, in the 30-day time frame, Gold Fields Limited (NYSE:GFI) is 49.95% up. Looking at the short shares, we see there were 5.3 million shares sold at short interest cover period of 1.1 days.

The consensus price target for the stock as assigned by Wall Street analysts is $12.59, meaning bulls need a downside of -11.12% from its recent market value. According to analyst projections, GFI’s forecast low is $10.31 with $16.00 as the target high. To hit the forecast high, the stock’s price needs a -14.37% plunge from its current level, while the stock would need to tank 26.3% for it to hit the projected low.

Gold Fields Limited (GFI) estimates and forecasts

Data shows that the Gold Fields Limited share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 67.14% over the past 6 months, a -12.37% in annual growth rate that is considerably lower than the industry average of 17.40%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 35.40%. The 2023 estimates are for Gold Fields Limited earnings to increase by 8.70%, but the outlook for the next 5-year period is at 7.30% per year.

GFI Dividends

Gold Fields Limited is expected to release its next quarterly earnings report in May. The 3.04% annual yield figure for the share gives it an annual dividend of 0.41. It is important to note, however, that the 3.04% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

Gold Fields Limited (NYSE:GFI)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.00% of Gold Fields Limited shares while 33.66% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 33.66%. There are 33.66% institutions holding the Gold Fields Limited stock share, with Van Eck Associates Corporation the top institutional holder. As of Dec 30, 2022, the company held 5.64% of the shares, roughly 50.23 million GFI shares worth $519.89 million.

Blackrock Inc. holds the second largest percentage of outstanding shares, with 3.10% or 27.63 million shares worth $223.5 million as of Sep 29, 2022.

Among Mutual Funds, the top two as of Dec 30, 2022 were VanEck ETF Trust-VanEck Gold Miners ETF and Price (T.Rowe) Mid-Cap Value Fund. With 46.2 million shares estimated at $478.16 million under it, the former controlled 5.18% of total outstanding shares. On the other hand, Price (T.Rowe) Mid-Cap Value Fund held about 0.64% of the shares, roughly 5.74 million shares worth around $46.45 million.

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