Goldcorp (GG) Receives News Sentiment Rating of -1.17

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News headlines about Goldcorp (NYSE:GG) (TSE:G) have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Goldcorp earned a news sentiment score of -1.17 on their scale. InfoTrie also gave headlines about the basic materials company an news buzz score of 4 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the news articles that may have impacted Goldcorp’s ranking:

Several equities analysts have recently weighed in on GG shares. HSBC raised Goldcorp from a “hold” rating to a “buy” rating in a report on Friday, November 16th. ValuEngine raised Goldcorp from a “sell” rating to a “hold” rating in a report on Wednesday, November 21st. CIBC raised Goldcorp from a “neutral” rating to a “sector outperform” rating in a report on Monday, December 17th. UBS Group started coverage on Goldcorp in a report on Friday, January 4th. They set a “buy” rating and a $12.00 price target on the stock. Finally, Macquarie cut Goldcorp from an “outperform” rating to a “neutral” rating in a report on Monday, January 7th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the stock. Goldcorp has a consensus rating of “Hold” and a consensus price target of $13.33.

Shares of Goldcorp stock opened at $10.91 on Friday. Goldcorp has a one year low of $8.42 and a one year high of $14.66. The firm has a market capitalization of $9.60 billion, a P/E ratio of 155.86 and a beta of 0.23. The company has a current ratio of 0.87, a quick ratio of 0.47 and a debt-to-equity ratio of 0.27.

Goldcorp (NYSE:GG) (TSE:G) last announced its earnings results on Wednesday, February 13th. The basic materials company reported $0.07 EPS for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.05. Goldcorp had a positive return on equity of 0.86% and a negative net margin of 136.84%. The company had revenue of $772.00 million for the quarter, compared to analysts’ expectations of $853.36 million. As a group, analysts forecast that Goldcorp will post 0.28 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 22nd. Investors of record on Thursday, March 14th will be issued a $0.02 dividend. The ex-dividend date is Wednesday, March 13th. This represents a $0.08 dividend on an annualized basis and a yield of 0.73%. Goldcorp’s dividend payout ratio is currently 114.29%.

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About Goldcorp

Goldcorp Inc acquires, explores for, develops, and operates precious metal properties in Canada, the United States, Mexico, and Central and South America. The company primarily explores for gold, zinc, silver, lead, and copper deposits. Its principal producing mining properties include the Éléonore, Musselwhite, Porcupine, and Red Lake mines in Canada; the Peñasquito mine in Mexico; the Cerro Negro mine in Argentina; and the Pueblo Viejo mine in the Dominican Republic.

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