Raymond James Has Negative View of Centerra Gold Q1 Earnings

Centerra Gold Inc. (NYSE:CGAU) – Raymond James reduced their Q1 2025 earnings per share (EPS) estimates for shares of Centerra Gold in a note issued to investors on Sunday, November 3rd. Raymond James analyst B. Macarthur now anticipates that the company will post earnings of $0.08 per share for the quarter, down from their previous forecast of $0.13. The consensus estimate for Centerra Gold’s current full-year earnings is $0.82 per share. Raymond James also issued estimates for Centerra Gold’s Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.09 EPS, Q4 2025 earnings at $0.09 EPS and FY2025 earnings at $0.34 EPS.

Separately, Desjardins upgraded shares of Centerra Gold to a “moderate buy” rating in a research report on Thursday, October 31st. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Centerra Gold has a consensus rating of “Moderate Buy” and a consensus target price of $11.00.

Centerra Gold Stock Up 4.8 %

Shares of NYSE CGAU opened at $6.50 on Wednesday. Centerra Gold has a 12-month low of $4.47 and a 12-month high of $7.82. The firm’s 50-day simple moving average is $7.03 and its 200 day simple moving average is $6.86. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 13.40 and a beta of 0.98.

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

Institutional Investors Weigh In On Centerra Gold

A number of institutional investors and hedge funds have recently modified their holdings of the business. CWM LLC bought a new stake in shares of Centerra Gold during the 3rd quarter valued at $57,000. Vanguard Personalized Indexing Management LLC increased its holdings in Centerra Gold by 12.3% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 14,384 shares of the company’s stock valued at $96,000 after purchasing an additional 1,573 shares during the last quarter. Virtu Financial LLC acquired a new position in Centerra Gold in the first quarter valued at about $113,000. DekaBank Deutsche Girozentrale bought a new position in Centerra Gold during the second quarter worth about $131,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of Centerra Gold during the 2nd quarter worth about $154,000. 55.40% of the stock is owned by institutional investors.

Centerra Gold Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be paid a $0.052 dividend. This represents a $0.21 annualized dividend and a dividend yield of 3.20%. The ex-dividend date is Wednesday, November 13th. This is a positive change from Centerra Gold’s previous quarterly dividend of $0.05. Centerra Gold’s dividend payout ratio (DPR) is 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.