Research Analysts Offer Predictions for Cameco Q1 Earnings

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Investment analysts at Raymond James upped their Q1 2025 EPS estimates for Cameco in a research note issued on Thursday, November 21st. Raymond James analyst B. Macarthur now forecasts that the company will post earnings per share of $0.47 for the quarter, up from their prior forecast of $0.46. Raymond James also issued estimates for Cameco’s Q2 2025 earnings at $0.53 EPS, Q4 2025 earnings at $0.62 EPS and FY2025 earnings at $2.14 EPS.

Several other brokerages have also commented on CCO. Canaccord Genuity Group upped their target price on Cameco from C$75.00 to C$78.00 and gave the company a “buy” rating in a research report on Tuesday, September 24th. National Bankshares raised their price objective on shares of Cameco from C$85.00 to C$87.00 in a research report on Friday, November 8th. National Bank Financial upgraded shares of Cameco to a “strong-buy” rating in a research note on Tuesday, September 3rd. Janney Montgomery Scott raised shares of Cameco to a “strong-buy” rating in a research note on Friday, October 4th. Finally, Eight Capital lifted their price target on shares of Cameco from C$80.00 to C$90.00 in a research note on Friday, November 8th. Seven analysts have rated the stock with a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat.com, Cameco has a consensus rating of “Buy” and a consensus target price of C$84.30.

Cameco Stock Performance

Shares of Cameco stock opened at C$81.23 on Monday. The business has a 50-day moving average price of C$70.23 and a two-hundred day moving average price of C$66.77. Cameco has a 1-year low of C$48.71 and a 1-year high of C$85.18. The company has a current ratio of 3.22, a quick ratio of 3.74 and a debt-to-equity ratio of 25.39. The company has a market cap of C$35.35 billion, a P/E ratio of 137.68, a PEG ratio of 2.22 and a beta of 0.90.

Insider Buying and Selling at Cameco

In related news, Senior Officer Brian Arthur Reilly sold 14,062 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of C$79.98, for a total transaction of C$1,124,678.76. Also, Senior Officer Sean Anthony Quinn sold 13,400 shares of the stock in a transaction on Thursday, November 21st. The shares were sold at an average price of C$83.63, for a total value of C$1,120,642.00. Over the last three months, insiders have sold 32,862 shares of company stock valued at $2,635,367. Corporate insiders own 0.15% of the company’s stock.

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 issued a dividend of $0.16 per share. This is an increase from Cameco’s previous annual dividend of $0.12. The ex-dividend date is Wednesday, November 27th. This represents a yield of 0.22%. Cameco’s dividend payout ratio is presently 20.34%.

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.