Raymond James Has Negative Forecast for Cameco Q3 Earnings

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Research analysts at Raymond James decreased their Q3 2025 EPS estimates for shares of Cameco in a research note issued on Thursday, January 2nd. Raymond James analyst B. Macarthur now expects that the basic materials company will post earnings per share of $0.33 for the quarter, down from their previous forecast of $0.39. The consensus estimate for Cameco’s current full-year earnings is $0.51 per share. Raymond James also issued estimates for Cameco’s Q4 2025 earnings at $0.54 EPS.

Cameco (NYSE:CCJ) (TSE:CCO) last issued its quarterly earnings data on Thursday, November 7th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.40). Cameco had a return on equity of 3.33% and a net margin of 4.15%. The company had revenue of $721.00 million for the quarter, compared to analysts’ expectations of $646.83 million. During the same period last year, the company posted $0.24 EPS. The business’s revenue for the quarter was up 25.4% on a year-over-year basis.

Separately, Janney Montgomery Scott upgraded Cameco to a “strong-buy” rating in a research report on Friday, October 4th. One research analyst has rated the stock with a sell rating, five have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $66.56.

Cameco Stock Performance

NYSE CCJ opened at $53.12 on Friday. The company’s 50 day simple moving average is $54.96 and its two-hundred day simple moving average is $49.27. The stock has a market capitalization of $23.12 billion, a PE ratio of 279.59 and a beta of 0.91. 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 has a 1 year low of $35.43 and a 1 year high of $62.55.

Cameco Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, December 13th. Stockholders of record on Wednesday, November 27th were given a dividend of $0.118 per share. The ex-dividend date was Wednesday, November 27th. This is a positive change from Cameco’s previous annual dividend of $0.09. This represents a dividend yield of 0.22%. Cameco’s dividend payout ratio is 57.89%.

Institutional Trading of Cameco

Several hedge funds and other institutional investors have recently bought and sold shares of CCJ. Glenmede Trust Co. NA boosted its stake in shares of Cameco by 2.1% in the 3rd quarter. Glenmede Trust Co. NA now owns 9,149 shares of the basic materials company’s stock valued at $437,000 after purchasing an additional 191 shares in the last quarter. S.A. Mason LLC boosted its position in Cameco by 6.0% during the third quarter. S.A. Mason LLC now owns 3,655 shares of the basic materials company’s stock valued at $175,000 after buying an additional 206 shares during the period. Silvia Mccoll Wealth Management LLC grew its stake in shares of Cameco by 3.9% during the third quarter. Silvia Mccoll Wealth Management LLC now owns 5,610 shares of the basic materials company’s stock valued at $268,000 after buying an additional 210 shares during the last quarter. EdgeRock Capital LLC lifted its stake in shares of Cameco by 1.7% in the 3rd quarter. EdgeRock Capital LLC now owns 13,689 shares of the basic materials company’s stock valued at $654,000 after acquiring an additional 224 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Cameco by 71.5% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 571 shares of the basic materials company’s stock valued at $27,000 after acquiring an additional 238 shares during the period. Hedge funds and other institutional investors own 70.21% 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.