Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO - Investment analysts at National Bank Financial cut their FY2026 earnings per share (EPS) estimates for shares of Cameco in a research note issued on Monday, January 27th. National Bank Financial analyst M. Sidibe now forecasts that the basic materials company will earn $1.21 per share for the year, down from their prior forecast of $1.28. The consensus estimate for Cameco's current full-year earnings is $0.47 per share.
Separately, Janney Montgomery Scott raised Cameco to a "strong-buy" rating in a report on Friday, October 4th. One equities research analyst has rated the stock with a sell rating, five have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $66.56.
Read Our Latest Stock Report on Cameco
Cameco Stock Performance
Shares of NYSE CCJ traded up $0.15 during trading on Wednesday, reaching $50.22. 5,229,148 shares of the stock traded hands, compared to its average volume of 5,026,730. Cameco has a 52-week low of $35.43 and a 52-week high of $62.55. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.88 and a quick ratio of 1.26. The company has a 50-day moving average of $54.20 and a 200-day moving average of $49.33. The stock has a market capitalization of $21.86 billion, a P/E ratio of 264.32 and a beta of 0.95.
Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last issued its quarterly earnings results on Thursday, November 7th. The basic materials company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.39 by ($0.40). Cameco had a net margin of 4.15% and a return on equity of 3.33%. The firm had revenue of $721.00 million for the quarter, compared to analysts' expectations of $646.83 million. During the same period in the prior year, the company earned $0.24 EPS. The firm's quarterly revenue was up 25.4% on a year-over-year basis.
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 $0.118 dividend. The ex-dividend date was Wednesday, November 27th. This represents a dividend yield of 0.22%. This is a boost from Cameco's previous annual dividend of $0.09. Cameco's dividend payout ratio (DPR) is presently 63.16%.
Institutional Trading of Cameco
Institutional investors and hedge funds have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. grew its position 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 worth $27,000 after acquiring an additional 238 shares during the last quarter. Pingora Partners LLC purchased a new stake in Cameco in the 3rd quarter worth approximately $33,000. First Horizon Advisors Inc. lifted its holdings in Cameco by 84.2% in the 3rd quarter. First Horizon Advisors Inc. now owns 768 shares of the basic materials company's stock worth $37,000 after buying an additional 351 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in Cameco in the 3rd quarter worth approximately $38,000. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in Cameco by 48.6% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 816 shares of the basic materials company's stock worth $42,000 after buying an additional 267 shares during the period. Hedge funds and other institutional investors own 70.21% of the company's stock.
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.
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