Raymond James Forecasts Cameco's Q3 Earnings (NYSE:CCJ)

Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO - Stock analysts at Raymond James cut their Q3 2025 earnings per share (EPS) estimates for Cameco in a research report issued to clients and investors on Thursday, January 2nd. Raymond James analyst B. Macarthur now expects that the basic materials company will post earnings per share of $0.33 for the quarter, down from their previous forecast of $0.39. The consensus estimate for Cameco's current full-year earnings is $0.51 per share. Raymond James also issued estimates for Cameco's Q4 2025 earnings at $0.54 EPS.

Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last issued its 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). The company had revenue of $721.00 million during the quarter, compared to analysts' expectations of $646.83 million. Cameco had a return on equity of 3.33% and a net margin of 4.15%. The firm's quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.24 EPS.

Separately, Janney Montgomery Scott upgraded shares of Cameco to a "strong-buy" rating in a research report on Friday, October 4th. One investment analyst has rated the stock with a sell rating, five have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $66.56.

Cameco Stock Performance

Shares of NYSE CCJ traded up $0.96 during midday trading on Friday, reaching $53.12. 3,172,043 shares of the stock were exchanged, compared to its average volume of 3,471,972. The company has a quick ratio of 1.26, a current ratio of 2.88 and a debt-to-equity ratio of 0.20. The firm has a market cap of $23.12 billion, a price-to-earnings ratio of 279.59 and a beta of 0.91. The firm has a 50-day simple moving average of $54.96 and a two-hundred day simple moving average of $49.27. Cameco has a twelve month low of $35.43 and a twelve month high of $62.55.

Institutional Trading of Cameco

Several institutional investors have recently modified their holdings of the stock. Confluence Investment Management LLC lifted its stake in Cameco by 3.2% in the 4th quarter. Confluence Investment Management LLC now owns 22,815 shares of the basic materials company's stock valued at $1,172,000 after buying an additional 697 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Cameco by 1,138.1% during the third quarter. Principal Financial Group Inc. now owns 267,431 shares of the basic materials company's stock valued at $12,774,000 after acquiring an additional 245,831 shares during the last quarter. Dantai Capital Ltd lifted its position in shares of Cameco by 44.2% in the third quarter. Dantai Capital Ltd now owns 57,260 shares of the basic materials company's stock valued at $2,735,000 after acquiring an additional 17,560 shares in the last quarter. Synovus Financial Corp boosted its stake in shares of Cameco by 12.2% in the third quarter. Synovus Financial Corp now owns 128,137 shares of the basic materials company's stock worth $6,120,000 after acquiring an additional 13,901 shares during the last quarter. Finally, Tidal Investments LLC increased its position in shares of Cameco by 9.2% during the third quarter. Tidal Investments LLC now owns 25,396 shares of the basic materials company's stock worth $1,213,000 after purchasing an additional 2,142 shares in the last quarter. Institutional investors and hedge funds own 70.21% of the company's stock.

Cameco Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th were given a dividend of $0.118 per share. The ex-dividend date was Wednesday, November 27th. This is a boost from Cameco's previous annual dividend of $0.09. This represents a yield of 0.22%. Cameco's dividend payout ratio is currently 57.89%.

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.