Raymond James Has Positive Outlook of Cameco Q1 Earnings

Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Equities researchers at Raymond James boosted their Q1 2025 earnings per share (EPS) estimates for 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 prior 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.

A number of other equities analysts have also issued reports on CCO. National Bankshares upped their target price on shares of Cameco from C$85.00 to C$87.00 in a research report on Friday, November 8th. Eight Capital upped their price objective on Cameco from C$80.00 to C$90.00 in a report on Friday, November 8th. Scotiabank boosted their target price on Cameco from C$80.00 to C$86.00 in a research report on Tuesday, November 19th. BMO Capital Markets upped their target price on shares of Cameco from C$78.00 to C$84.00 in a research report on Friday, November 8th. Finally, Janney Montgomery Scott upgraded Cameco to a "strong-buy" rating in a research report on Friday, October 4th. Seven analysts have rated the stock with a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of C$84.30.

Cameco Price Performance

Shares of Cameco stock traded down C$2.78 during trading on Monday, reaching C$81.23. The company's stock had a trading volume of 2,763,737 shares, compared to its average volume of 1,264,687. Cameco has a one year low of C$48.71 and a one year high of C$85.18. The stock has a 50-day moving average price of C$69.61 and a two-hundred day moving average price of C$66.64. The company has a current ratio of 3.22, a quick ratio of 3.74 and a debt-to-equity ratio of 25.39. The stock has a market capitalization of C$35.35 billion, a P/E ratio of 142.39, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90.

Insider Buying and Selling

In related news, Senior Officer Sean Anthony Quinn sold 13,400 shares of Cameco stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of C$83.63, for a total value of C$1,120,642.00. Also, Senior Officer Brian Arthur Reilly sold 14,062 shares of the company's stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of C$79.98, for a total value of C$1,124,678.76. In the last ninety days, insiders sold 32,862 shares of company stock valued at $2,635,367. Insiders own 0.15% of the company's stock.

Cameco Increases Dividend

The company also recently announced an annual dividend, which will be paid on Friday, December 13th. Stockholders of record on Wednesday, November 27th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a dividend yield of 0.22%. This is a positive change from Cameco's previous annual dividend of $0.12. Cameco's dividend payout ratio (DPR) is 20.34%.

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.