Raymond James Brokers Raise Earnings Estimates for Cameco

Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Raymond James increased their Q1 2025 EPS estimates for shares of Cameco in a report released on Friday, November 8th. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $0.46 for the quarter, up from their previous forecast of $0.44. Raymond James also issued estimates for Cameco's Q2 2025 earnings at $0.52 EPS, Q3 2025 earnings at $0.54 EPS and FY2025 earnings at $2.11 EPS.

Other equities research analysts have also issued reports about the company. Eight Capital increased their price target on Cameco from C$80.00 to C$90.00 in a research report on Friday. National Bank Financial upgraded Cameco to a "strong-buy" rating in a research note on Tuesday, September 3rd. TD Securities lifted their price target on Cameco from C$79.00 to C$80.00 in a report on Monday, July 22nd. Cantor Fitzgerald raised shares of Cameco from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 31st. Finally, National Bankshares raised their price objective on shares of Cameco from C$85.00 to C$87.00 in a research report on Friday. Seven equities research 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.com, the stock currently has an average rating of "Buy" and an average target price of C$81.40.

Cameco Price Performance

Shares of TSE CCO traded down C$0.58 during mid-day trading on Monday, hitting C$72.54. 819,129 shares of the stock were exchanged, compared to its average volume of 1,245,849. Cameco has a twelve month low of C$48.71 and a twelve month high of C$81.12. The stock's fifty day simple moving average is C$64.76 and its two-hundred day simple moving average is C$65.85. The company has a debt-to-equity ratio of 25.39, a quick ratio of 3.74 and a current ratio of 3.22. The company has a market cap of C$31.57 billion, a P/E ratio of 123.93, a PEG ratio of 2.22 and a beta of 0.90.

Cameco Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Wednesday, November 27th will be paid a $0.16 dividend. The ex-dividend date is Wednesday, November 27th. This is a boost from Cameco's previous annual dividend of $0.12. This represents a yield of 0.22%. Cameco's dividend payout ratio (DPR) is presently 20.34%.

Insiders Place Their Bets

In related news, Senior Officer Ronald Liam Mooney sold 3,400 shares of the company's stock in a transaction dated Friday, October 4th. The stock was sold at an average price of C$70.49, for a total value of C$239,666.00. In related news, Senior Officer Ronald Liam Mooney sold 3,400 shares of the business's stock in a transaction that occurred on Friday, October 4th. The shares were sold at an average price of C$70.49, for a total transaction of C$239,666.00. Also, Senior Officer Cory John-Paul Kos bought 500 shares of the stock in a transaction on Monday, August 19th. The stock was purchased at an average cost of C$56.23 per share, with a total value of C$28,115.00. Company 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.