Centerra Gold Inc. (NYSE:CGAU - Free Report) - Research analysts at Raymond James boosted their Q1 2025 earnings estimates for Centerra Gold in a research report issued to clients and investors on Monday, March 31st. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $0.10 for the quarter, up from their prior forecast of $0.07. Raymond James has a "Outperform" rating on the stock. The consensus estimate for Centerra Gold's current full-year earnings is $0.59 per share. Raymond James also issued estimates for Centerra Gold's Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at $0.10 EPS and FY2025 earnings at $0.34 EPS.
Centerra Gold (NYSE:CGAU - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.03). Centerra Gold had a net margin of 6.62% and a return on equity of 8.83%. The firm had revenue of $302.40 million for the quarter, compared to analyst estimates of $316.92 million.
A number of other research analysts have also issued reports on CGAU. Cormark lowered shares of Centerra Gold from a "moderate buy" rating to a "hold" rating in a report on Wednesday, February 26th. National Bank Financial raised shares of Centerra Gold to a "strong-buy" rating in a research note on Friday, March 21st. Scotiabank reduced their price objective on shares of Centerra Gold from $10.00 to $9.00 and set a "sector outperform" rating on the stock in a research note on Wednesday, January 15th. CIBC restated a "neutral" rating on shares of Centerra Gold in a report on Thursday, March 20th. Finally, Desjardins downgraded Centerra Gold from a "moderate buy" rating to a "hold" rating in a report on Thursday, February 13th. Four analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $11.00.
View Our Latest Stock Report on CGAU
Centerra Gold Stock Up 1.3 %
Shares of CGAU stock traded up $0.08 during mid-day trading on Thursday, reaching $5.69. 336,319 shares of the stock traded hands, compared to its average volume of 885,318. The company has a market cap of $1.19 billion, a price-to-earnings ratio of 15.76 and a beta of 0.81. The stock's fifty day simple moving average is $6.18 and its two-hundred day simple moving average is $6.30. Centerra Gold has a 1-year low of $5.41 and a 1-year high of $7.82.
Hedge Funds Weigh In On Centerra Gold
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Millennium Management LLC raised its position in shares of Centerra Gold by 0.3% in the 4th quarter. Millennium Management LLC now owns 585,238 shares of the company's stock worth $3,330,000 after acquiring an additional 1,663 shares in the last quarter. Toronto Dominion Bank grew its stake in Centerra Gold by 8.8% during the fourth quarter. Toronto Dominion Bank now owns 36,901 shares of the company's stock worth $210,000 after purchasing an additional 2,980 shares during the period. Hsbc Holdings PLC increased its holdings in Centerra Gold by 6.5% in the fourth quarter. Hsbc Holdings PLC now owns 52,769 shares of the company's stock worth $299,000 after purchasing an additional 3,201 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in Centerra Gold by 2.0% in the fourth quarter. The Manufacturers Life Insurance Company now owns 181,755 shares of the company's stock worth $1,036,000 after purchasing an additional 3,608 shares in the last quarter. Finally, Capstone Investment Advisors LLC lifted its stake in Centerra Gold by 34.2% in the fourth quarter. Capstone Investment Advisors LLC now owns 16,712 shares of the company's stock valued at $95,000 after buying an additional 4,263 shares during the period. Institutional investors and hedge funds own 55.40% of the company's stock.
Centerra Gold Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 13th were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date of this dividend was Thursday, March 13th. This is an increase from Centerra Gold's previous quarterly dividend of $0.05. Centerra Gold's dividend payout ratio (DPR) is currently 52.78%.
Centerra Gold Company Profile
(
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Centerra Gold Inc, a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects are the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt gold mine located in Turkey.
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