Raymond James Has Bearish Forecast for Cameco Q1 Earnings

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Stock analysts at Raymond James cut their Q1 2025 EPS estimates for shares of Cameco in a report released on Thursday, January 2nd. Raymond James analyst B. Macarthur now anticipates that the basic materials company will post earnings of $0.22 per share for the quarter, down from their previous estimate 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 data 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 net margin of 4.15% and a return on equity of 3.33%. The company had revenue of $721.00 million for the quarter, compared to the consensus estimate of $646.83 million. During the same period in the previous year, the business posted $0.24 earnings per share. The firm’s revenue was up 25.4% compared to the same quarter last year.

Separately, Janney Montgomery Scott upgraded shares of Cameco to a “strong-buy” rating in a research note on Friday, October 4th. One 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. According to MarketBeat.com, Cameco currently has a consensus rating of “Buy” and a consensus target price of $66.56.

Cameco Trading Down 6.0 %

Shares of CCJ stock opened at $51.54 on Monday. The company has a quick ratio of 1.26, a current ratio of 2.88 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $22.43 billion, a P/E ratio of 271.28 and a beta of 0.95. Cameco has a 12-month low of $35.43 and a 12-month high of $62.55. The firm has a 50-day moving average price of $54.95 and a 200 day moving average price of $49.25.

Cameco Increases Dividend

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

Hedge Funds Weigh In On Cameco

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

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.