Coeur Mining, Inc.’s high institutional ownership speaks volumes. (NYSE:CDE) is backing itself as shares continue to impress, up 5.1% from last week

January 3, 2025

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Coeur Mining, Inc.'s high institutional ownership speaks volumes. (NYSE:CDE) is backing itself as shares continue to impress, up 5.1% from last week

Significantly high institutional ownership indicates that Coeur Mining’s stock price is sensitive to their trading actions
The top 12 shareholders own 51% of the company
Analysts’ expectations Combined with proprietary data, they give a solid idea of a business’s prospects

To find out who really controls Coeur Mining, Inc. (New York Stock Exchange: CDE), it is important to understand a company’s ownership structure. At 76%, institutions own the maximum shares in the company. In other words, the group faces maximum upside potential (or downside risk).

Last week, institutional investors ended up making the most of the company after the company’s market cap reached US$2.3 billion. Last week’s gains would have boosted the one-year ROE, which currently stands at 113%.

Let’s dive deeper into each type of Coeur Mining owner, starting with the chart below.

View our latest analysis for Coeur Mining

NYSE: CDE ownership distribution on January 3, 2025

Institutional investors typically compare their returns to the returns of a commonly followed index. So they generally consider buying larger companies included in the relevant benchmark index.

Coeur Mining already has institutions registered on the share registry. In fact, they have a respectable stake in the company. This means that the analysts working for those institutions have looked at the stock and expressed their admiration for it. But like everyone else, they can be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. So, it’s worth looking at Coeur Mining’s earnings history below. Of course, the future is what really matters.

NYSE: CDE Earnings and Revenue Growth January 3, 2025

Since institutional investors own more than half of the issued shares, the board will likely have to pay attention to their preferences. Coeur Mining is not owned by hedge funds. The company’s largest shareholder is The Vanguard Group, Inc., with an ownership of 9.4%. In comparison, the second and third largest shareholders own about 9.4% and 8.6% of the shares. In addition, the company’s CEO, Mitchell Krebs, directly owns 0.6% of the total shares outstanding.

Looking at the shareholder registry, we can see that 51% of ownership is controlled by the top 12 shareholders, meaning that no single shareholder has a majority ownership stake.

While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock’s expected performance. There are a reasonable number of analysts covering the stock, so it might be worth knowing their overall view on the future.

The definition of a company insider can be subjective and varies between jurisdictions. Our data reflects individual insiders, and captures board members at the very least. Management ultimately answers to the board of directors. However, it is not uncommon for managers to be members of the executive board, especially if they are a founder or CEO.

Insider ownership is positive when it indicates that leaders think like the true owners of the company. However, high insider ownership can also give tremendous power to a small group within a company. This can be a negative in some circumstances.

We can report that insiders own shares in Coeur Mining, Inc. This is a big company, so it’s good to see this level of alignment. Insiders own US$35m worth of shares (at current prices). If you want to explore the issue of internal compatibility, you can Click here to see if insiders have been buying or selling.

The general public – including retail investors – owns a 23% stake in the company, so it cannot be easily ignored. This size of ownership, although significant, may not be enough to change company policy if the decision is not in sync with other major shareholders.

It’s always useful to think about the different groups that own shares in a company. But to understand Coeur Mining better, we need to consider many other factors. Case in point: We’ve been spotted 1 warning sign for Coeur Mining You should be aware.

If you’re like me, you may want to consider whether this company will grow or shrink. Fortunately, you can check This free report shows analysts’ forecasts for its future.

Note: The figures in this article are calculated using trailing-twelve-month data, which refers to the 12-month period ending on the last date of the month in which the financial statement is dated. This may not be consistent with the full year annual report figures.

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This article written by Simply Wall St is general in nature. We provide comments based on historical data and analyst forecasts only using unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to offer you focused, long-term analysis driven by fundamental data. Note that our analysis may not take into account a company’s most recent price-sensitive announcements or qualitative materials. Simply put, Wall St has no position in any of the stocks mentioned.

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