Cameco FY2025 EPS Decreased by National Bank Financial

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Stock analysts at National Bank Financial lowered their FY2025 EPS estimates for shares of Cameco in a report issued on Monday, January 27th. National Bank Financial analyst M. Sidibe now forecasts that the company will post earnings per share of $1.55 for the year, down from their prior estimate of $1.64. National Bank Financial also issued estimates for Cameco’s FY2027 earnings at $2.27 EPS.

Cameco (TSE:CCO) (NYSE:CCJ) last announced its earnings results on Thursday, November 7th. The company reported C($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.23 by C($0.24). Cameco had a return on equity of 4.23% and a net margin of 9.70%. During the same period in the prior year, the business posted $0.32 EPS.

Several other research analysts have also recently commented on CCO. Eight Capital raised their target price on shares of Cameco from C$80.00 to C$90.00 in a report on Friday, November 8th. BMO Capital Markets lifted their price objective on Cameco from C$78.00 to C$84.00 in a report on Friday, November 8th. Janney Montgomery Scott raised Cameco to a “strong-buy” rating in a report on Friday, October 4th. Scotiabank upped their price objective on shares of Cameco from C$80.00 to C$86.00 in a research report on Tuesday, November 19th. Finally, Raymond James raised their target price on shares of Cameco from C$81.00 to C$88.00 in a report on Friday, November 22nd. Five investment analysts have rated the stock with a buy rating and four have given a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$84.30.

Cameco Trading Up 3.3 %

Shares of Cameco stock opened at C$72.25 on Thursday. The company has a debt-to-equity ratio of 25.39, a quick ratio of 3.74 and a current ratio of 3.22. The firm has a 50-day moving average of C$77.53 and a 200-day moving average of C$68.78. Cameco has a 52-week low of C$48.71 and a 52-week high of C$88.18. The stock has a market cap of C$31.44 billion, a PE ratio of 122.46, a PEG ratio of 2.22 and a beta of 0.90.

Cameco Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, December 13th. Stockholders of record on Wednesday, November 27th were paid a $0.16 dividend. This is a positive change from Cameco’s previous annual dividend of $0.12. This represents a dividend yield of 0.22%. The ex-dividend date of this dividend was Wednesday, November 27th. Cameco’s dividend payout ratio is currently 20.34%.

Insider Transactions at Cameco

In other news, Senior Officer Lisa Lorene Aitken sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of C$81.17, for a total transaction of C$121,755.00. Also, Senior Officer Tim Scott Gitzel sold 50,000 shares of Cameco stock in a transaction on Thursday, December 5th. The shares were sold at an average price of C$85.66, for a total transaction of C$4,283,000.00. Insiders sold a total of 80,962 shares of company stock worth $6,800,456 over the last three months. 0.15% of the stock is owned by company insiders.

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.