National Bank Financial Estimates Cameco FY2026 Earnings

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Analysts at National Bank Financial lowered their FY2026 earnings estimates for Cameco in a note issued to investors on Monday, January 27th. National Bank Financial analyst M. Sidibe now forecasts that the basic materials company will earn $1.21 per share for the year, down from their prior forecast of $1.28. The consensus estimate for Cameco’s current full-year earnings is $0.47 per share.

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 for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.40). The company had revenue of $721.00 million for the quarter, compared to the consensus estimate of $646.83 million. Cameco had a net margin of 4.15% and a return on equity of 3.33%. Cameco’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.24 EPS.

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

Cameco Stock Up 2.3 %

Shares of Cameco stock opened at $48.59 on Wednesday. Cameco has a 52-week low of $35.43 and a 52-week high of $62.55. The firm’s 50 day moving average price is $54.53 and its 200-day moving average price is $49.35. 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 cap of $21.15 billion, a P/E ratio of 255.77 and a beta of 0.95.

Cameco Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, December 13th. Shareholders of record on Wednesday, November 27th were paid a dividend of $0.118 per share. This is a positive change from Cameco’s previous annual dividend of $0.09. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a yield of 0.22%. Cameco’s dividend payout ratio is presently 63.16%.

Institutional Investors Weigh In On Cameco

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Savant Capital LLC lifted its holdings in shares of Cameco by 3.8% during the fourth quarter. Savant Capital LLC now owns 14,334 shares of the basic materials company’s stock worth $737,000 after purchasing an additional 526 shares during the period. Wealthstar Advisors LLC acquired a new stake in Cameco during the 4th quarter valued at approximately $468,000. Empowered Funds LLC boosted its holdings in shares of Cameco by 166.4% in the 4th quarter. Empowered Funds LLC now owns 42,813 shares of the basic materials company’s stock valued at $2,200,000 after acquiring an additional 26,742 shares during the last quarter. BayBridge Capital Group LLC increased its stake in shares of Cameco by 4.5% in the fourth quarter. BayBridge Capital Group LLC now owns 11,803 shares of the basic materials company’s stock worth $607,000 after acquiring an additional 511 shares during the period. Finally, Shepherd Financial Partners LLC purchased a new position in shares of Cameco during the fourth quarter worth $200,000. 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.