Cameco Co. (NYSE:CCJ - Free Report) TSE: CCO - Stock analysts at Raymond James lowered their Q1 2025 earnings per share estimates for Cameco in a research note issued to investors on Thursday, January 2nd. Raymond James analyst B. Macarthur now forecasts that the basic materials company will post earnings of $0.22 per share for the quarter, down from their previous forecast of $0.34. The consensus estimate for Cameco's current full-year earnings is $0.51 per share. Raymond James also issued estimates for Cameco's Q2 2025 earnings at $0.34 EPS and FY2025 earnings at $1.44 EPS.
Cameco (NYSE:CCJ - Get Free Report) TSE: CCO last issued its quarterly earnings results on Thursday, November 7th. The basic materials company reported ($0.01) earnings per share (EPS) 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 business had revenue of $721.00 million for the quarter, compared to analysts' expectations of $646.83 million. During the same period last year, the business earned $0.24 earnings per share. The company's revenue was up 25.4% on a year-over-year basis.
Separately, Janney Montgomery Scott raised shares of Cameco to a "strong-buy" rating in a research report on Friday, October 4th. One equities 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 stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $66.56.
Read Our Latest Analysis on CCJ
Cameco Stock Up 3.1 %
CCJ stock traded up $1.67 during trading on Monday, hitting $54.79. 3,867,090 shares of the stock traded hands, compared to its average volume of 3,604,156. 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 stock has a market cap of $23.85 billion, a price-to-earnings ratio of 288.38 and a beta of 0.91. Cameco has a 1 year low of $35.43 and a 1 year high of $62.55. The firm's 50 day moving average is $54.96 and its two-hundred day moving average is $49.23.
Cameco Increases Dividend
The company also recently announced an annual dividend, which was paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th were given a $0.118 dividend. This represents a yield of 0.22%. This is a boost from Cameco's previous annual dividend of $0.09. The ex-dividend date was Wednesday, November 27th. Cameco's dividend payout ratio (DPR) is presently 57.89%.
Institutional Investors Weigh In On Cameco
Hedge funds and other institutional investors have recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. boosted its stake in Cameco by 71.5% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 571 shares of the basic materials company's stock worth $27,000 after purchasing an additional 238 shares during the period. Pingora Partners LLC purchased a new position in shares of Cameco during the 3rd quarter worth about $33,000. First Horizon Advisors Inc. grew its holdings in Cameco by 84.2% during the 3rd quarter. First Horizon Advisors Inc. now owns 768 shares of the basic materials company's stock valued at $37,000 after purchasing an additional 351 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Cameco during the third quarter worth approximately $38,000. Finally, JFS Wealth Advisors LLC grew its stake in Cameco by 130.6% in the third quarter. JFS Wealth Advisors LLC now owns 971 shares of the basic materials company's stock worth $46,000 after purchasing an additional 550 shares in the last quarter. Hedge funds and other institutional investors own 70.21% of the company's stock.
About Cameco
(
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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.
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