Research Analysts Issue Forecasts for Cameco FY2025 Earnings

Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Analysts at National Bank Financial dropped their FY2025 earnings per share (EPS) estimates for shares of Cameco in a research note issued to investors on Monday, January 27th. National Bank Financial analyst M. Sidibe now anticipates that the company will post earnings of $1.55 per share for the year, down from their prior forecast of $1.64. National Bank Financial also issued estimates for Cameco's FY2027 earnings at $2.27 EPS.

Cameco (TSE:CCO - Get Free Report) NYSE: CCJ last announced its earnings results on Thursday, November 7th. The company reported C($0.01) earnings per share for the quarter, missing the consensus estimate of C$0.23 by C($0.24). Cameco had a net margin of 9.70% and a return on equity of 4.23%. During the same period in the prior year, the company posted $0.32 EPS.

Other analysts also recently issued research reports about the company. Scotiabank boosted their price objective on Cameco from C$80.00 to C$86.00 in a research note on Tuesday, November 19th. Royal Bank of Canada boosted their target price on Cameco from C$75.00 to C$90.00 in a research report on Thursday, November 21st. Eight Capital boosted their target price on Cameco from C$80.00 to C$90.00 in a research report on Friday, November 8th. Raymond James boosted their target price on Cameco from C$81.00 to C$88.00 in a research report on Friday, November 22nd. Finally, National Bankshares boosted their target price on Cameco from C$85.00 to C$87.00 in a research report on Friday, November 8th. Five equities research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of C$84.30.

Cameco Price Performance

Shares of CCO traded down C$2.78 during midday trading on Thursday, reaching C$69.09. The stock had a trading volume of 1,500,185 shares, compared to its average volume of 1,312,179. Cameco has a 52 week low of C$48.71 and a 52 week high of C$88.18. The company has a debt-to-equity ratio of 25.39, a current ratio of 3.22 and a quick ratio of 3.74. The firm's 50 day moving average price is C$76.88 and its 200-day moving average price is C$68.87. The company has a market capitalization of C$30.07 billion, a P/E ratio of 117.10, a P/E/G ratio of 2.22 and a beta of 0.90.

Insider Buying and Selling at Cameco

In related news, Senior Officer Lisa Lorene Aitken sold 2,000 shares of the company's stock in a transaction dated Friday, November 15th. The shares were sold at an average price of C$75.19, for a total transaction of C$150,380.00. Also, Senior Officer Brian Arthur Reilly sold 14,062 shares of the company's stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of C$79.98, for a total transaction of C$1,124,678.76. Insiders have sold 80,962 shares of company stock valued at $6,800,456 in the last 90 days. 0.15% of the stock is currently owned by company insiders.

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 $0.16 dividend. This represents a yield of 0.22%. The ex-dividend date was Wednesday, November 27th. This is a positive change from Cameco's previous annual dividend of $0.12. Cameco's payout ratio is 20.34%.

Cameco Company Profile

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.