Raymond James Brokers Increase Earnings Estimates for Cameco

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Analysts at Raymond James lifted their Q1 2025 earnings per share (EPS) estimates for Cameco in a research report issued on Friday, November 8th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $0.46 per share for the quarter, up from their previous estimate of $0.44. Raymond James also issued estimates for Cameco’s Q2 2025 earnings at $0.52 EPS, Q3 2025 earnings at $0.54 EPS and FY2025 earnings at $2.11 EPS.

Several other equities analysts have also recently issued reports on CCO. Eight Capital boosted their target price on Cameco from C$80.00 to C$90.00 in a research note on Friday. National Bankshares boosted their target price on Cameco from C$85.00 to C$87.00 in a research note on Friday. BMO Capital Markets boosted their target price on Cameco from C$78.00 to C$84.00 in a research note on Friday. National Bank Financial raised Cameco to a “strong-buy” rating in a research note on Tuesday, September 3rd. Finally, Janney Montgomery Scott raised Cameco to a “strong-buy” rating in a research note on Friday, October 4th. Seven research analysts have rated the stock with a buy rating and four have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$81.40.

Cameco Price Performance

CCO opened at C$72.54 on Monday. The company has a debt-to-equity ratio of 25.39, a quick ratio of 3.74 and a current ratio of 3.22. Cameco has a 52-week low of C$48.71 and a 52-week high of C$81.12. The stock has a market capitalization of C$31.57 billion, a PE ratio of 123.93, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. The stock’s 50 day moving average price is C$64.76 and its 200-day moving average price is C$65.85.

Insiders Place Their Bets

In other Cameco news, Senior Officer Ronald Liam Mooney sold 3,400 shares of the business’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$70.49, for a total value of C$239,666.00. In other Cameco news, Senior Officer Ronald Liam Mooney sold 3,400 shares of the business’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of C$70.49, for a total value of C$239,666.00. Also, Senior Officer Cory John-Paul Kos purchased 500 shares of the stock in a transaction dated Monday, August 19th. The shares were acquired at an average cost of C$56.23 per share, for a total transaction of C$28,115.00. Corporate insiders own 0.15% of the company’s stock.

Cameco Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Wednesday, November 27th will be issued a $0.16 dividend. This represents a yield of 0.22%. This is an increase from Cameco’s previous annual dividend of $0.12. The ex-dividend date is Wednesday, November 27th. Cameco’s payout ratio is 20.34%.

About Cameco

Cameco Corporation provides uranium for the generation of electricity. It operates through Uranium, Fuel Services, Westinghouse segments. The Uranium segment is involved in the exploration for, mining, and milling, purchase, and sale of uranium concentrate. The Fuel Services segment engages in the refining, conversion, and fabrication of uranium concentrate, as well as the purchase and sale of conversion services.