Research Analysts Set Expectations for Cameco Q1 Earnings

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Raymond James lowered their Q1 2025 EPS estimates for shares of Cameco in a research note issued on Thursday, January 2nd. Raymond James analyst B. Macarthur now forecasts that the company will post earnings of $0.32 per share for the quarter, down from their prior estimate of $0.47. Raymond James also issued estimates for Cameco’s Q2 2025 earnings at $0.49 EPS, Q3 2025 earnings at $0.48 EPS and FY2025 earnings at $2.06 EPS.

Several other brokerages have also recently issued reports on CCO. Scotiabank raised their target price on Cameco from C$80.00 to C$86.00 in a research report on Tuesday, November 19th. National Bankshares raised their price objective on shares of Cameco from C$85.00 to C$87.00 in a report on Friday, November 8th. BMO Capital Markets boosted their target price on shares of Cameco from C$78.00 to C$84.00 in a research report on Friday, November 8th. Royal Bank of Canada increased their price target on shares of Cameco from C$75.00 to C$90.00 in a research report on Thursday, November 21st. Finally, Eight Capital boosted their price objective on shares of Cameco from C$80.00 to C$90.00 in a research report on Friday, November 8th. Seven analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$84.30.

Cameco Stock Performance

Shares of CCO opened at C$78.60 on Monday. The firm has a market capitalization of C$34.21 billion, a P/E ratio of 133.22, a PEG ratio of 2.22 and a beta of 0.90. The company has a debt-to-equity ratio of 25.39, a current ratio of 3.22 and a quick ratio of 3.74. Cameco has a one year low of C$48.71 and a one year high of C$88.18. The business has a fifty day moving average of C$77.64 and a 200 day moving average of C$68.28.

Cameco Increases Dividend

The firm also recently announced an annual dividend, which was paid on Friday, December 13th. Investors of record on Wednesday, November 27th were given a dividend of $0.16 per share. The ex-dividend date was Wednesday, November 27th. This represents a dividend yield of 0.22%. This is a boost from Cameco’s previous annual dividend of $0.12. Cameco’s dividend payout ratio (DPR) is currently 20.34%.

Insider Buying and Selling

In other Cameco news, Senior Officer Sean Anthony Quinn sold 13,400 shares of the business’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of C$83.63, for a total transaction of C$1,120,642.00. Also, Senior Officer Tim Scott Gitzel sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of C$85.66, for a total value of C$4,283,000.00. In the last three months, insiders have sold 80,962 shares of company stock valued at $6,800,456. Corporate insiders own 0.15% of the company’s stock.

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.