Centerra Gold FY2025 EPS Estimate Lifted by Raymond James

Centerra Gold Inc. (NYSE:CGAU) – Equities research analysts at Raymond James upped their FY2025 earnings 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 per share of $0.36 for the year, up from their previous estimate of $0.34. 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 Q4 2025 earnings at $0.11 EPS.

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

Separately, Desjardins raised shares of Centerra Gold to a “moderate buy” rating in a research note on Thursday, October 31st. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $11.00.

Centerra Gold Trading Down 0.9 %

CGAU opened at $5.62 on Monday. Centerra Gold has a 1-year low of $4.47 and a 1-year high of $7.82. The stock has a market capitalization of $1.18 billion, a PE ratio of 11.71 and a beta of 0.89. The firm has a 50-day moving average price of $6.36 and a two-hundred day moving average price of $6.70.

Hedge Funds Weigh In On Centerra Gold

Several large investors have recently bought and sold shares of the business. Acadian Asset Management LLC raised its position in shares of Centerra Gold by 594.6% during the 2nd quarter. Acadian Asset Management LLC now owns 8,862,170 shares of the company’s stock valued at $59,532,000 after acquiring an additional 7,586,370 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Centerra Gold by 36.5% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 4,390,005 shares of the company’s stock valued at $31,514,000 after purchasing an additional 1,175,000 shares during the last quarter. Bank of Montreal Can lifted its stake in Centerra Gold by 59.0% in the third quarter. Bank of Montreal Can now owns 3,869,035 shares of the company’s stock valued at $28,690,000 after buying an additional 1,435,794 shares during the period. American Century Companies Inc. boosted its holdings in Centerra Gold by 132.8% during the second quarter. American Century Companies Inc. now owns 1,835,673 shares of the company’s stock worth $12,345,000 after buying an additional 1,047,142 shares during the last quarter. Finally, Mackenzie Financial Corp grew its position in shares of Centerra Gold by 111.3% during the 2nd quarter. Mackenzie Financial Corp now owns 1,493,717 shares of the company’s stock worth $10,046,000 after buying an additional 786,688 shares during the period. 55.40% of the stock is currently owned by institutional investors and hedge funds.

Centerra Gold Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were given a dividend of $0.052 per share. The ex-dividend date was Wednesday, November 13th. This is an increase from Centerra Gold’s previous quarterly dividend of $0.05. This represents a $0.21 dividend on an annualized basis and a yield of 3.70%. Centerra Gold’s dividend payout ratio is presently 41.67%.

About Centerra Gold

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.