Cormark Forecasts Centerra Gold’s Q3 Earnings (NYSE:CGAU)

Centerra Gold Inc. (NYSE:CGAU) – Research analysts at Cormark lifted their Q3 2025 earnings per share (EPS) estimates for Centerra Gold in a research note issued on Wednesday, May 7th. Cormark analyst R. Gray now expects that the company will post earnings of $0.19 per share for the quarter, up from their previous forecast of $0.09. Cormark has a “Hold” rating on the stock. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share. Cormark also issued estimates for Centerra Gold’s FY2025 earnings at $0.66 EPS and FY2026 earnings at $0.83 EPS.

Centerra Gold (NYSE:CGAU) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.12 EPS for the quarter, hitting the consensus estimate of $0.12. The company had revenue of $299.50 million for the quarter, compared to analyst estimates of $288.25 million. Centerra Gold had a return on equity of 8.83% and a net margin of 6.62%.

Several other research analysts have also commented on the company. Desjardins lowered Centerra Gold from a “moderate buy” rating to a “hold” rating in a research report on Thursday, February 13th. National Bank Financial raised Centerra Gold to a “strong-buy” rating in a research report on Friday, March 21st. National Bankshares reaffirmed an “outperform” rating on shares of Centerra Gold in a research report on Wednesday, April 23rd. Scotiabank reissued an “outperform” rating on shares of Centerra Gold in a report on Monday, April 14th. Finally, CIBC reissued a “neutral” rating on shares of Centerra Gold in a report on Thursday, March 20th. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.00.

Centerra Gold Stock Down 0.5%

CGAU opened at $6.61 on Monday. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 18.36 and a beta of 0.80. Centerra Gold has a 52 week low of $5.41 and a 52 week high of $7.82. The business’s 50 day moving average is $6.37 and its two-hundred day moving average is $6.20.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Nuveen LLC purchased a new stake in shares of Centerra Gold in the first quarter valued at approximately $14,634,000. Donald Smith & CO. Inc. boosted its stake in shares of Centerra Gold by 30.1% in the fourth quarter. Donald Smith & CO. Inc. now owns 8,723,060 shares of the company’s stock valued at $49,634,000 after buying an additional 2,017,756 shares in the last quarter. Amundi boosted its stake in shares of Centerra Gold by 168.6% in the fourth quarter. Amundi now owns 2,628,623 shares of the company’s stock valued at $15,377,000 after buying an additional 1,650,160 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Centerra Gold by 24.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 5,808,773 shares of the company’s stock valued at $33,028,000 after buying an additional 1,126,825 shares in the last quarter. Finally, Man Group plc boosted its stake in shares of Centerra Gold by 43.2% in the fourth quarter. Man Group plc now owns 3,038,739 shares of the company’s stock valued at $17,283,000 after buying an additional 916,255 shares in the last quarter. Institutional investors and hedge funds own 55.40% of the company’s stock.

Centerra Gold Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd will be issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.24%. The ex-dividend date of this dividend is Thursday, May 22nd. Centerra Gold’s payout ratio is currently 100.00%.

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.