FY2025 EPS Estimates for Centerra Gold Boosted by Analyst

Centerra Gold Inc. (NYSE:CGAUFree Report) – Equities research analysts at Raymond James boosted their FY2025 earnings per share (EPS) estimates for shares of Centerra Gold in a note issued to investors on Wednesday, December 18th. Raymond James analyst B. Macarthur now expects that the company will earn $0.36 per share for the year, up from their previous forecast of $0.34. The consensus estimate for Centerra Gold’s current full-year earnings is $0.79 per share. Raymond James also issued estimates for Centerra Gold’s Q4 2025 earnings at $0.11 EPS.

Separately, Desjardins raised Centerra Gold to a “moderate buy” rating in a research note on Thursday, October 31st. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $11.00.

Read Our Latest Stock Analysis on CGAU

Centerra Gold Stock Up 0.2 %

Shares of CGAU opened at $5.69 on Monday. Centerra Gold has a 12 month low of $4.47 and a 12 month high of $7.82. The stock has a market cap of $1.20 billion, a price-to-earnings ratio of 11.85 and a beta of 0.89. The company has a 50-day moving average price of $6.39 and a two-hundred day moving average price of $6.72.

Centerra Gold (NYSE:CGAUGet Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.02). Centerra Gold had a net margin of 8.31% and a return on equity of 10.34%. The business had revenue of $323.93 million during the quarter. During the same period last year, the company posted $0.20 EPS.

Hedge Funds Weigh In On Centerra Gold

A number of institutional investors and hedge funds have recently bought and sold shares of CGAU. Vanguard Personalized Indexing Management LLC lifted its position in shares of Centerra Gold by 12.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 14,384 shares of the company’s stock worth $96,000 after purchasing an additional 1,573 shares in the last quarter. Hsbc Holdings PLC raised its position in Centerra Gold by 4.1% in the 2nd quarter. Hsbc Holdings PLC now owns 48,101 shares of the company’s stock worth $325,000 after purchasing an additional 1,895 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Centerra Gold by 1.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 178,489 shares of the company’s stock worth $1,199,000 after buying an additional 2,120 shares in the last quarter. TD Asset Management Inc boosted its position in Centerra Gold by 0.7% in the 2nd quarter. TD Asset Management Inc now owns 587,062 shares of the company’s stock valued at $3,947,000 after buying an additional 4,356 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Centerra Gold by 8.1% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 58,308 shares of the company’s stock valued at $419,000 after buying an additional 4,373 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 Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were paid a $0.052 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.21 dividend on an annualized basis and a dividend yield of 3.66%. This is a boost from Centerra Gold’s previous quarterly dividend of $0.05. Centerra Gold’s payout ratio is 41.67%.

About Centerra Gold

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Centerra Gold (NYSE:CGAU)

Receive News & Ratings for Centerra Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Centerra Gold and related companies with MarketBeat.com's FREE daily email newsletter.