Raymond James Issues Optimistic Forecast for Cameco Earnings

Cameco Co. (TSE:CCO) (NYSE:CCJ) – Equities research analysts at Raymond James boosted their Q4 2025 EPS estimates for shares of Cameco in a research note issued to investors on Thursday, January 2nd. Raymond James analyst B. Macarthur now forecasts that the company will earn $0.77 per share for the quarter, up from their prior estimate of $0.62.

A number of other brokerages also recently weighed in on CCO. BMO Capital Markets boosted their price objective on shares of Cameco from C$78.00 to C$84.00 in a research report on Friday, November 8th. Eight Capital upped their target price on shares of Cameco from C$80.00 to C$90.00 in a research report on Friday, November 8th. Scotiabank upped their target price on shares of Cameco from C$80.00 to C$86.00 in a research report on Tuesday, November 19th. National Bankshares upped their target price on shares of Cameco from C$85.00 to C$87.00 in a research report on Friday, November 8th. Finally, Janney Montgomery Scott upgraded shares of Cameco to a “strong-buy” rating in a research report on Friday, October 4th. 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 stock has a consensus rating of “Buy” and a consensus price target of C$84.30.

Cameco Price Performance

Shares of TSE:CCO opened at C$76.70 on Friday. 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 fifty-two week low of C$48.71 and a fifty-two week high of C$88.18. The firm has a 50-day simple moving average of C$77.64 and a 200 day simple moving average of C$68.32. The company has a market cap of C$33.38 billion, a PE ratio of 130.00, a P/E/G ratio of 2.22 and a beta of 0.90.

Cameco Increases Dividend

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

Insider Activity at Cameco

In related news, Senior Officer Tim Scott Gitzel sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of C$85.66, for a total value of C$4,283,000.00. Also, Senior Officer Lisa Lorene Aitken sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of C$75.19, for a total transaction of C$150,380.00. Insiders sold a total of 80,962 shares of company stock valued at $6,800,456 over the last ninety days. Insiders own 0.15% of the company’s stock.

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.