Q2 EPS Estimates for Centerra Gold Lowered by Raymond James

Centerra Gold Inc. (NYSE:CGAU) – Research analysts at Raymond James reduced their Q2 2025 earnings per share (EPS) estimates for Centerra Gold in a report released on Monday, March 31st. Raymond James analyst B. Macarthur now forecasts that the company will earn $0.05 per share for the quarter, down from their previous estimate of $0.07. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share.

Centerra Gold (NYSE:CGAU) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.03). Centerra Gold had a return on equity of 8.83% and a net margin of 6.62%. The company had revenue of $302.40 million for the quarter, compared to the consensus estimate of $316.92 million.

Several other research firms have also weighed in on CGAU. National Bank Financial upgraded shares of Centerra Gold to a “strong-buy” rating in a research note on Friday, March 21st. CIBC reissued a “neutral” rating on shares of Centerra Gold in a research report on Thursday, March 20th. Desjardins cut Centerra Gold from a “moderate buy” rating to a “hold” rating in a research report on Thursday, February 13th. Cormark lowered Centerra Gold from a “moderate buy” rating to a “hold” rating in a report on Wednesday, February 26th. Finally, Scotiabank cut their price target on Centerra Gold from $10.00 to $9.00 and set a “sector outperform” rating for the company in a report on Wednesday, January 15th. Four research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Centerra Gold has an average rating of “Moderate Buy” and a consensus price target of $11.00.

Centerra Gold Stock Performance

NYSE CGAU opened at $6.28 on Wednesday. The firm has a market capitalization of $1.32 billion, a P/E ratio of 17.44 and a beta of 0.92. The firm’s fifty day moving average price is $6.19 and its two-hundred day moving average price is $6.33. Centerra Gold has a 1 year low of $5.46 and a 1 year high of $7.82.

Centerra Gold Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were paid a dividend of $0.07 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.46%. This is a positive change from Centerra Gold’s previous quarterly dividend of $0.05. Centerra Gold’s dividend payout ratio (DPR) is 52.78%.

Institutional Trading of Centerra Gold

Institutional investors have recently added to or reduced their stakes in the company. Donald Smith & CO. Inc. increased its position in Centerra Gold by 30.1% during the 4th quarter. Donald Smith & CO. Inc. now owns 8,723,060 shares of the company’s stock worth $49,634,000 after buying an additional 2,017,756 shares during the period. Amundi increased its position in Centerra Gold by 168.6% during the fourth quarter. Amundi now owns 2,628,623 shares of the company’s stock worth $15,377,000 after acquiring an additional 1,650,160 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Centerra Gold by 24.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 5,808,773 shares of the company’s stock worth $33,028,000 after acquiring an additional 1,126,825 shares during the period. Man Group plc raised its stake in Centerra Gold by 43.2% in the 4th quarter. Man Group plc now owns 3,038,739 shares of the company’s stock worth $17,283,000 after purchasing an additional 916,255 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in Centerra Gold by 34.1% in the 4th quarter. American Century Companies Inc. now owns 3,291,860 shares of the company’s stock valued at $18,733,000 after purchasing an additional 836,777 shares during the period. 55.40% of the stock is currently owned by institutional investors.

About Centerra Gold

Centerra Gold Inc, a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects are the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt gold mine located in Turkey.