Research Analysts Set Expectations for Cameco Q1 Earnings

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Analysts at Raymond James boosted their Q1 2025 earnings per share (EPS) estimates for shares of Cameco in a research note issued to investors on Thursday, November 21st. Raymond James analyst B. Macarthur now forecasts that the basic materials company will post earnings per share of $0.34 for the quarter, up from their previous forecast of $0.33. The consensus estimate for Cameco’s current full-year earnings is $0.70 per share. Raymond James also issued estimates for Cameco’s Q4 2025 earnings at $0.45 EPS and FY2025 earnings at $1.54 EPS.

A number of other research firms have also recently issued reports on CCJ. Janney Montgomery Scott raised Cameco to a “strong-buy” rating in a report on Friday, October 4th. Glj Research reaffirmed a “buy” rating and issued a $63.73 target price on shares of Cameco in a research note on Wednesday, August 14th. Scotiabank decreased their price target on shares of Cameco from $81.00 to $80.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Cantor Fitzgerald upgraded shares of Cameco from a “neutral” rating to an “overweight” rating in a research report on Wednesday, July 31st. Finally, National Bank Financial upgraded Cameco to a “strong-buy” rating in a research report on Tuesday, September 3rd. One equities research analyst has rated the stock with a sell rating, five have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $66.56.

Cameco Trading Up 0.9 %

Shares of CCJ opened at $58.62 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 2.88. The company has a market cap of $25.51 billion, a price-to-earnings ratio of 308.54 and a beta of 0.89. The stock has a fifty day moving average price of $52.37 and a two-hundred day moving average price of $48.75. Cameco has a 52-week low of $35.43 and a 52-week high of $60.98.

Cameco (NYSE:CCJ) (TSE:CCO) last posted its quarterly earnings data on Thursday, November 7th. The basic materials company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.40). The firm had revenue of $721.00 million for the quarter, compared to analyst estimates of $646.83 million. Cameco had a return on equity of 3.33% and a net margin of 4.15%. The business’s quarterly revenue was up 25.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.24 EPS.

Institutional Investors Weigh In On Cameco

A number of institutional investors have recently made changes to their positions in CCJ. Telemark Asset Management LLC grew its holdings in Cameco by 8.3% during the third quarter. Telemark Asset Management LLC now owns 1,300,000 shares of the basic materials company’s stock valued at $62,088,000 after purchasing an additional 100,000 shares during the period. Moody Lynn & Lieberson LLC acquired a new position in shares of Cameco in the 3rd quarter valued at $1,680,000. Tidal Investments LLC increased its position in shares of Cameco by 15.5% in the 1st quarter. Tidal Investments LLC now owns 20,036 shares of the basic materials company’s stock valued at $868,000 after buying an additional 2,683 shares in the last quarter. Swiss National Bank raised its stake in Cameco by 0.9% during the 3rd quarter. Swiss National Bank now owns 1,314,400 shares of the basic materials company’s stock worth $62,892,000 after buying an additional 11,600 shares during the period. Finally, Country Club Bank bought a new position in Cameco during the third quarter worth about $2,093,000. 70.21% of the stock is owned by institutional investors and hedge funds.

Cameco Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th will be paid a $0.118 dividend. The ex-dividend date of this dividend is 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 (DPR) is presently 47.37%.

Cameco Company Profile

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.