National Bank Financial Expects Weaker Earnings for Cameco

Cameco Co. (TSE:CCO - Free Report) NYSE: CCJ - Stock analysts at National Bank Financial lowered their FY2025 EPS estimates for shares of Cameco in a report issued on Thursday, November 7th. National Bank Financial analyst M. Sidibe now expects that the company will post earnings of $1.60 per share for the year, down from their prior estimate of $1.65. National Bank Financial currently has a "Strong-Buy" rating on the stock. National Bank Financial also issued estimates for Cameco's FY2026 earnings at $1.78 EPS and FY2027 earnings at $2.29 EPS.

Several other research analysts have also commented on CCO. Janney Montgomery Scott upgraded shares of Cameco to a "strong-buy" rating in a report on Friday, October 4th. BMO Capital Markets boosted their target price on shares of Cameco from C$78.00 to C$84.00 in a report on Friday. Scotiabank lowered their target price on shares of Cameco from C$81.00 to C$80.00 in a report on Monday, August 19th. Cantor Fitzgerald upgraded shares of Cameco from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 31st. Finally, National Bankshares lifted their target price on shares of Cameco from C$85.00 to C$87.00 in a research note on Friday. Seven investment 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.com, Cameco has a consensus rating of "Buy" and a consensus price target of C$81.40.

Cameco Trading Down 0.8 %

Cameco stock traded down C$0.58 during trading hours on Monday, reaching C$72.54. The stock had a trading volume of 824,074 shares, compared to its average volume of 1,245,818. The stock has a market cap of C$31.57 billion, a PE ratio of 123.93, a PEG ratio of 2.22 and a beta of 0.90. The company has a fifty day simple moving average of C$64.76 and a 200-day simple moving average of C$65.85. The company has a debt-to-equity ratio of 25.39, a current ratio of 3.22 and a quick ratio of 3.74. Cameco has a 52 week low of C$48.71 and a 52 week high of C$81.12.

Insiders Place Their Bets

In related news, Senior Officer Cory John-Paul Kos purchased 500 shares of the business's stock in a transaction on Monday, August 19th. The stock was acquired at an average price of C$56.23 per share, for a total transaction of C$28,115.00. In related news, Senior Officer Cory John-Paul Kos acquired 500 shares of the firm's stock in a transaction dated Monday, August 19th. The shares were purchased at an average price of C$56.23 per share, for a total transaction of C$28,115.00. Also, Senior Officer Ronald Liam Mooney sold 3,400 shares of the business's stock in a transaction dated Friday, October 4th. The shares were sold at an average price of C$70.49, for a total value of C$239,666.00. Corporate insiders own 0.15% of the company's stock.

Cameco Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Wednesday, November 27th will be given a $0.16 dividend. This represents a dividend yield of 0.22%. This is an increase from Cameco's previous annual dividend of $0.12. The ex-dividend date of this dividend is Wednesday, November 27th. Cameco's payout ratio is presently 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.