Cameco FY2026 EPS Decreased by National Bank Financial

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Stock analysts at National Bank Financial reduced their FY2026 earnings per share estimates for Cameco in a report issued on Monday, January 27th. National Bank Financial analyst M. Sidibe now expects that the basic materials company will post earnings of $1.21 per share for the year, down from their prior estimate of $1.28. The consensus estimate for Cameco’s current full-year earnings is $0.47 per share.

Separately, Janney Montgomery Scott upgraded Cameco to a “strong-buy” rating in a research note on Friday, October 4th. One investment analyst has rated the stock with a sell rating, five have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $66.56.

Cameco Trading Up 3.2 %

Shares of NYSE:CCJ opened at $50.14 on Wednesday. The business’s 50 day simple moving average is $54.35 and its 200 day simple moving average is $49.32. The company has a market capitalization of $21.83 billion, a P/E ratio of 263.90 and a beta of 0.95. Cameco has a 1 year low of $35.43 and a 1 year high of $62.55. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.88 and a quick ratio of 1.26.

Cameco (NYSE:CCJ) (TSE:CCO) last posted its earnings results on Thursday, November 7th. The basic materials company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.39 by ($0.40). The firm had revenue of $721.00 million during the quarter, compared to analyst estimates of $646.83 million. Cameco had a net margin of 4.15% and a return on equity of 3.33%. Cameco’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.24 EPS.

Cameco Increases Dividend

The firm also recently declared an annual dividend, which was paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th were issued a dividend of $0.118 per share. This is an increase from Cameco’s previous annual dividend of $0.09. This represents a yield of 0.22%. The ex-dividend date was Wednesday, November 27th. Cameco’s dividend payout ratio (DPR) is presently 63.16%.

Institutional Trading of Cameco

Several large investors have recently made changes to their positions in CCJ. CIBC Asset Management Inc boosted its stake in Cameco by 58.0% during the 3rd quarter. CIBC Asset Management Inc now owns 3,777,866 shares of the basic materials company’s stock valued at $181,382,000 after purchasing an additional 1,386,639 shares during the last quarter. M&G PLC acquired a new position in Cameco during the 3rd quarter valued at about $66,227,000. Segra Capital Management LLC acquired a new position in Cameco during the 3rd quarter valued at about $53,013,000. Fred Alger Management LLC boosted its stake in Cameco by 99.7% during the 3rd quarter. Fred Alger Management LLC now owns 1,680,259 shares of the basic materials company’s stock valued at $80,249,000 after purchasing an additional 839,077 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in Cameco by 44.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,151,105 shares of the basic materials company’s stock valued at $102,737,000 after purchasing an additional 664,828 shares during the last quarter. 70.21% of the stock is currently owned by institutional investors and hedge funds.

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.