Raymond James Issues Pessimistic Outlook for Cameco Earnings

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Equities researchers at Raymond James dropped their Q1 2025 earnings per share (EPS) estimates for Cameco in a research report issued to clients and investors on Thursday, January 2nd. Raymond James analyst B. Macarthur now forecasts that the company will post earnings per share of $0.32 for the quarter, down from their previous forecast of $0.47. Raymond James also issued estimates for Cameco’s Q2 2025 earnings at $0.49 EPS, Q3 2025 earnings at $0.48 EPS and FY2025 earnings at $2.06 EPS.

Several other analysts have also recently commented on the company. BMO Capital Markets raised their target price on Cameco from C$78.00 to C$84.00 in a research report on Friday, November 8th. Eight Capital lifted their price objective on Cameco from C$80.00 to C$90.00 in a research report on Friday, November 8th. Janney Montgomery Scott raised Cameco to a “strong-buy” rating in a research report on Friday, October 4th. Canaccord Genuity Group lifted their price objective on Cameco from C$75.00 to C$78.00 and gave the company a “buy” rating in a research report on Tuesday, September 24th. Finally, National Bankshares lifted their price objective on Cameco from C$85.00 to C$87.00 in a research report on Friday, November 8th. Seven equities 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.com, Cameco currently has a consensus rating of “Buy” and a consensus price target of C$84.30.

Cameco Stock Performance

Shares of Cameco stock opened at C$76.70 on Monday. The stock has a market cap of C$33.38 billion, a PE ratio of 130.00, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. The business has a fifty day simple moving average of C$77.64 and a 200-day simple moving average of C$68.32. The company has a quick ratio of 3.74, a current ratio of 3.22 and a debt-to-equity ratio of 25.39. Cameco has a 12 month low of C$48.71 and a 12 month high of C$88.18.

Cameco Increases Dividend

The business also recently announced an annual dividend, which was paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th were issued a dividend of $0.16 per share. This is a positive change from Cameco’s previous annual dividend of $0.12. This represents a yield of 0.22%. The ex-dividend date of this dividend was Wednesday, November 27th. Cameco’s dividend payout ratio (DPR) is 20.34%.

Insider Buying and Selling at Cameco

In other news, Senior Officer Lisa Lorene Aitken sold 2,000 shares of Cameco stock in a transaction dated Friday, November 15th. The stock was sold at an average price of C$75.19, for a total value of C$150,380.00. Also, Senior Officer Tim Scott Gitzel sold 50,000 shares of Cameco stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of C$85.66, for a total value of C$4,283,000.00. Insiders have sold a total of 80,962 shares of company stock worth $6,800,456 over the last three months. Corporate insiders own 0.15% of the company’s stock.

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.