Raymond James Has Bullish Estimate for Cameco Q1 Earnings

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Research analysts at Raymond James lifted their Q1 2025 earnings per share (EPS) estimates for Cameco in a report released on Thursday, November 21st. Raymond James analyst B. Macarthur now forecasts that the company will earn $0.47 per share for the quarter, up from their previous estimate 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.

Other equities analysts also recently issued reports about the stock. National Bankshares boosted their target price on shares of Cameco from C$85.00 to C$87.00 in a report on Friday, November 8th. Janney Montgomery Scott upgraded shares of Cameco to a “strong-buy” rating in a research note on Friday, October 4th. BMO Capital Markets raised their target price on shares of Cameco from C$78.00 to C$84.00 in a research note on Friday, November 8th. Canaccord Genuity Group lifted their price target on Cameco from C$75.00 to C$78.00 and gave the stock a “buy” rating in a report on Tuesday, September 24th. Finally, Royal Bank of Canada upped their price objective on Cameco from C$75.00 to C$90.00 in a research note on Thursday, November 21st. Seven investment analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat.com, Cameco has an average rating of “Buy” and an average target price of C$84.30.

Cameco Stock Down 3.3 %

TSE:CCO opened at C$81.23 on Monday. The firm has a market capitalization of C$35.35 billion, a price-to-earnings ratio of 137.68, a price-to-earnings-growth ratio of 2.22 and a beta of 0.90. The company has a quick ratio of 3.74, a current ratio of 3.22 and a debt-to-equity ratio of 25.39. Cameco has a twelve month low of C$48.71 and a twelve month high of C$85.18. The stock’s 50 day moving average price is C$70.23 and its two-hundred day moving average price is C$66.77.

Insider Activity

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

Cameco Increases Dividend

The business also recently announced an annual dividend, which will be paid on Friday, December 13th. Stockholders of record on Wednesday, November 27th will be issued a $0.16 dividend. The ex-dividend date is Wednesday, November 27th. This represents a dividend yield of 0.22%. This is a boost from Cameco’s previous annual dividend of $0.12. Cameco’s dividend payout ratio is 20.34%.

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.