Raymond James Analysts Boost Earnings Estimates for Cameco

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Investment analysts at Raymond James boosted their Q1 2025 earnings estimates for shares of Cameco in a research note issued to investors on Thursday, November 21st. Raymond James analyst B. Macarthur now anticipates that the company will post earnings per share of $0.47 for the quarter, up from their previous forecast 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.

Several other equities analysts also recently issued reports on the company. Janney Montgomery Scott raised Cameco to a “strong-buy” rating in a research report on Friday, October 4th. National Bank Financial raised Cameco to a “strong-buy” rating in a report on Tuesday, September 3rd. Canaccord Genuity Group lifted their target price on Cameco from C$75.00 to C$78.00 and gave the stock a “buy” rating in a report on Tuesday, September 24th. Eight Capital upped their target price on Cameco from C$80.00 to C$90.00 in a research report on Friday, November 8th. Finally, BMO Capital Markets raised their price target on shares of Cameco from C$78.00 to C$84.00 in a research report on Friday, November 8th. Seven investment analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of C$84.30.

Cameco Trading Up 1.5 %

Shares of Cameco stock opened at C$82.45 on Monday. Cameco has a 12-month low of C$48.71 and a 12-month high of C$85.18. The firm’s 50 day simple moving average is C$70.85 and its two-hundred day simple moving average is C$66.90. The company has a current ratio of 3.22, a quick ratio of 3.74 and a debt-to-equity ratio of 25.39. The firm has a market capitalization of C$35.88 billion, a price-to-earnings ratio of 139.75, a PEG ratio of 2.22 and a beta of 0.90.

Cameco Increases Dividend

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

Insider Buying and Selling

In other Cameco news, Senior Officer Brian Arthur Reilly sold 14,062 shares of the stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of C$79.98, for a total transaction of C$1,124,678.76. Also, Senior Officer Lisa Lorene Aitken sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of C$81.17, for a total value of C$121,755.00. Over the last three months, insiders have sold 34,362 shares of company stock valued at $2,757,122. Corporate insiders own 0.15% of the company’s stock.

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.