Q4 EPS Estimates for Centerra Gold Raised by Raymond James

Centerra Gold Inc. (NYSE:CGAU) – Raymond James raised their Q4 2024 earnings per share (EPS) estimates for Centerra Gold in a report issued on Wednesday, December 18th. Raymond James analyst B. Macarthur now expects that the company will post earnings of $0.15 per share for the quarter, up from their previous estimate of $0.14. 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 Q3 2025 earnings at $0.08 EPS.

Separately, Desjardins upgraded shares of Centerra Gold to a “moderate buy” rating in a research note on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $11.00.

Centerra Gold Trading Up 1.1 %

CGAU stock opened at $5.68 on Friday. The firm has a 50 day simple moving average of $6.42 and a 200-day simple moving average of $6.73. The company has a market capitalization of $1.19 billion, a P/E ratio of 11.83 and a beta of 0.89. Centerra Gold has a twelve month low of $4.47 and a twelve month high of $7.82.

Centerra Gold (NYSE:CGAU) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.02). The business had revenue of $323.93 million for the quarter. Centerra Gold had a return on equity of 10.34% and a net margin of 8.31%. During the same quarter in the previous year, the company earned $0.20 EPS.

Centerra Gold Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were issued a $0.052 dividend. This represents a $0.21 dividend on an annualized basis and a dividend yield of 3.66%. This is an increase from Centerra Gold’s previous quarterly dividend of $0.05. The ex-dividend date was Wednesday, November 13th. Centerra Gold’s payout ratio is 41.67%.

Institutional Investors Weigh In On Centerra Gold

Several institutional investors and hedge funds have recently made changes to their positions in the company. CWM LLC bought a new stake in Centerra Gold during the third quarter valued at $57,000. Capstone Investment Advisors LLC acquired a new position in shares of Centerra Gold in the 3rd quarter valued at about $89,000. Vanguard Personalized Indexing Management LLC grew its position in shares of Centerra Gold by 12.3% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 14,384 shares of the company’s stock valued at $96,000 after buying an additional 1,573 shares during the last quarter. HighTower Advisors LLC acquired a new stake in Centerra Gold during the third quarter worth about $127,000. Finally, DekaBank Deutsche Girozentrale bought a new position in Centerra Gold in the second quarter worth about $131,000. 55.40% of the stock is owned by institutional investors and hedge funds.

Centerra Gold Company Profile

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.