Raymond James Weighs in on Cameco’s Q1 Earnings (NYSE:CCJ)

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Stock analysts at Raymond James lowered their Q1 2025 earnings per share estimates for shares of Cameco in a report released on Thursday, January 2nd. Raymond James analyst B. Macarthur now anticipates that the basic materials company will earn $0.22 per share for the quarter, down from their previous forecast of $0.34. The consensus estimate for Cameco’s current full-year earnings is $0.51 per share. Raymond James also issued estimates for Cameco’s Q2 2025 earnings at $0.34 EPS and FY2025 earnings at $1.44 EPS.

Separately, Janney Montgomery Scott raised shares of Cameco to a “strong-buy” rating in a research report on Friday, October 4th. One investment analyst has rated the stock with a sell rating, five have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $66.56.

Cameco Stock Down 6.0 %

CCJ opened at $51.54 on Monday. The firm has a market cap of $22.43 billion, a P/E ratio of 271.28 and a beta of 0.95. 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 business has a 50 day moving average price of $54.95 and a 200 day moving average price of $49.25. Cameco has a twelve month low of $35.43 and a twelve month high of $62.55.

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

Institutional Investors Weigh In On Cameco

Several hedge funds have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. raised its stake in Cameco by 71.5% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 571 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 238 shares during the last quarter. Pingora Partners LLC acquired a new position in shares of Cameco during the third quarter valued at about $33,000. First Horizon Advisors Inc. lifted its stake in shares of Cameco by 84.2% in the third quarter. First Horizon Advisors Inc. now owns 768 shares of the basic materials company’s stock valued at $37,000 after buying an additional 351 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Cameco during the third quarter worth about $38,000. Finally, JFS Wealth Advisors LLC increased its stake in Cameco by 130.6% during the third quarter. JFS Wealth Advisors LLC now owns 971 shares of the basic materials company’s stock valued at $46,000 after acquiring an additional 550 shares during the period. 70.21% of the stock is owned by institutional investors.

Cameco Increases Dividend

The firm also recently declared an annual dividend, which was paid on Friday, December 13th. Stockholders of record on Wednesday, November 27th were issued a dividend of $0.118 per share. The ex-dividend date of this dividend was Wednesday, November 27th. This is a positive change from Cameco’s previous annual dividend of $0.09. This represents a dividend yield of 0.22%. Cameco’s payout ratio is 57.89%.

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.