Equities Analysts Offer Predictions for Cameco Q1 Earnings

Cameco Co. (TSE:CCOFree Report) (NYSE:CCJ) – Investment analysts at Raymond James boosted their Q1 2025 earnings per share (EPS) estimates for shares of Cameco in a research note issued on Thursday, November 21st. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $0.47 per share for the quarter, up from their previous estimate of $0.46. Raymond James also issued estimates for Cameco’s Q2 2025 earnings at $0.53 EPS, Q4 2025 earnings at $0.62 EPS and FY2025 earnings at $2.14 EPS.

Other equities research analysts have also issued reports about the stock. Scotiabank increased their target price on shares of Cameco from C$80.00 to C$86.00 in a report on Tuesday, November 19th. Canaccord Genuity Group lifted their target price on Cameco from C$75.00 to C$78.00 and gave the stock a “buy” rating in a report on Tuesday, September 24th. National Bank Financial raised Cameco to a “strong-buy” rating in a research note on Tuesday, September 3rd. Janney Montgomery Scott raised Cameco to a “strong-buy” rating in a research report on Friday, October 4th. Finally, Cantor Fitzgerald upgraded Cameco from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 31st. Seven analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat, Cameco presently has a consensus rating of “Buy” and an average price target of C$84.30.

Check Out Our Latest Research Report on CCO

Cameco Stock Down 1.3 %

Cameco stock opened at C$84.01 on Monday. The firm has a market capitalization of C$36.56 billion, a price-to-earnings ratio of 142.39, a PEG ratio of 2.22 and a beta of 0.90. The company’s 50 day simple moving average is C$69.61 and its 200 day simple moving average is C$66.64. The company has a debt-to-equity ratio of 25.39, a current ratio of 3.22 and a quick ratio of 3.74. Cameco has a fifty-two week low of C$48.71 and a fifty-two week high of C$85.18.

Cameco Increases Dividend

The company also recently declared an annual dividend, which will be paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th will be given 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 is Wednesday, November 27th. Cameco’s dividend payout ratio is 20.34%.

Insider Buying and Selling at Cameco

In other Cameco news, Senior Officer Sean Anthony Quinn sold 13,400 shares of Cameco stock in a transaction on Thursday, November 21st. The shares were sold at an average price of C$83.63, for a total transaction of C$1,120,642.00. Also, Senior Officer Brian Arthur Reilly sold 14,062 shares of the stock in a transaction dated Tuesday, November 19th. The shares were sold at an average price of C$79.98, for a total transaction of C$1,124,678.76. Insiders sold a total of 32,862 shares of company stock worth $2,635,367 over the last quarter. 0.15% of the stock is currently owned by insiders.

About Cameco

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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.

See Also

Earnings History and Estimates for Cameco (TSE:CCO)

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