National Bank Financial Comments on Cameco FY2026 Earnings

Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO - Analysts at National Bank Financial decreased their FY2026 earnings per share estimates for Cameco in a research report issued on Monday, January 27th. National Bank Financial analyst M. Sidibe now forecasts that the basic materials company will post earnings per share of $1.21 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 shares of Cameco to a "strong-buy" rating in a report on Friday, October 4th. One research analyst has rated the stock with a sell rating, five have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $66.56.

Cameco Stock Performance

Shares of CCJ traded up $1.18 during mid-day trading on Wednesday, hitting $49.78. The stock had a trading volume of 2,754,525 shares, compared to its average volume of 4,876,558. 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 firm has a market cap of $21.67 billion, a P/E ratio of 261.88 and a beta of 0.95. Cameco has a 52 week low of $35.43 and a 52 week high of $62.55. The business has a fifty day moving average price of $54.35 and a 200-day moving average price of $49.32.

Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last released its earnings results on Thursday, November 7th. The basic materials company reported ($0.01) earnings per share 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 company had revenue of $721.00 million for the quarter, compared to the consensus estimate of $646.83 million. During the same period in the prior year, the company earned $0.24 earnings per share. The firm's revenue was up 25.4% on a year-over-year basis.

Cameco Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th were paid a $0.118 dividend. This represents a yield of 0.22%. The ex-dividend date was Wednesday, November 27th. This is a boost from Cameco's previous annual dividend of $0.09. Cameco's payout ratio is currently 63.16%.

Institutional Trading of Cameco

Institutional investors and hedge funds have recently made changes to their positions in the stock. Sei Investments Co. increased its stake in Cameco by 285.3% in the second quarter. Sei Investments Co. now owns 71,774 shares of the basic materials company's stock valued at $3,530,000 after acquiring an additional 53,144 shares during the last quarter. Creative Planning boosted its holdings in shares of Cameco by 53.4% in the 2nd quarter. Creative Planning now owns 50,352 shares of the basic materials company's stock worth $2,477,000 after purchasing an additional 17,536 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Cameco by 78.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,788 shares of the basic materials company's stock valued at $285,000 after purchasing an additional 2,552 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in shares of Cameco during the 2nd quarter valued at about $542,000. Finally, Granite Bay Wealth Management LLC bought a new stake in Cameco in the 2nd quarter worth approximately $273,000. 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.