Raymond James Has Pessimistic Outlook of Cameco Q1 Earnings

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Equities research analysts at Raymond James decreased their Q1 2025 earnings per share (EPS) estimates for Cameco in a research report issued to clients and investors on Thursday, January 2nd. Raymond James analyst B. Macarthur now forecasts that the basic materials company will post earnings per share of $0.22 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.

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

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

Cameco Stock Performance

Shares of CCJ stock opened at $54.79 on Monday. The stock has a market capitalization of $23.85 billion, a price-to-earnings ratio of 288.38 and a beta of 0.95. Cameco has a one year low of $35.43 and a one year high of $62.55. The company’s 50-day simple moving average is $54.96 and its 200-day simple moving average is $49.23. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 2.88.

Cameco Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, December 13th. Investors of record on Wednesday, November 27th were issued a $0.118 dividend. This is an increase from Cameco’s previous annual dividend of $0.09. The ex-dividend date was Wednesday, November 27th. This represents a dividend yield of 0.22%. Cameco’s dividend payout ratio (DPR) is 57.89%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Cameco by 71.5% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 571 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 238 shares during the last quarter. Pingora Partners LLC acquired a new stake in shares of Cameco in the third quarter valued at approximately $33,000. First Horizon Advisors Inc. raised its holdings in shares of Cameco by 84.2% during 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 last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Cameco during the third quarter worth approximately $38,000. Finally, JFS Wealth Advisors LLC grew its holdings in Cameco by 130.6% in the 3rd quarter. JFS Wealth Advisors LLC now owns 971 shares of the basic materials company’s stock worth $46,000 after buying an additional 550 shares in the last quarter. 70.21% of the stock is currently owned by institutional investors.

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.