FY2026 EPS Estimate for Centerra Gold Decreased by Analyst

Centerra Gold Inc. (NYSE:CGAU) – Analysts at Scotiabank dropped their FY2026 earnings per share estimates for shares of Centerra Gold in a research note issued to investors on Tuesday, July 7th. Scotiabank analyst O. Habib now forecasts that the company will post earnings per share of $1.54 for the year, down from their prior estimate of $1.72. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Centerra Gold’s current full-year earnings is $1.78 per share.

Several other research analysts also recently weighed in on CGAU. Zacks Research downgraded Centerra Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Wall Street Zen raised Centerra Gold from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Centerra Gold in a research note on Friday, March 27th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $16.67.

Centerra Gold Stock Performance

Shares of CGAU opened at $16.18 on Wednesday. Centerra Gold has a 1 year low of $6.71 and a 1 year high of $21.17. The company’s 50 day simple moving average is $16.85 and its 200 day simple moving average is $17.36. The company has a market capitalization of $3.20 billion, a price-to-earnings ratio of 5.22, a PEG ratio of 0.79 and a beta of 0.81. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.60 and a current ratio of 2.41.

Centerra Gold (NYSE:CGAU) last released its quarterly earnings results on Wednesday, April 29th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. The company had revenue of $484.70 million for the quarter, compared to analysts’ expectations of $373.47 million. Centerra Gold had a net margin of 40.32% and a return on equity of 14.90%.

Hedge Funds Weigh In On Centerra Gold

A number of large investors have recently modified their holdings of CGAU. Janney Montgomery Scott LLC lifted its stake in shares of Centerra Gold by 2.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 24,860 shares of the company’s stock valued at $357,000 after purchasing an additional 575 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in Centerra Gold by 2.1% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 36,939 shares of the company’s stock valued at $531,000 after buying an additional 747 shares during the period. Burkett Financial Services LLC raised its holdings in Centerra Gold by 27.5% in the fourth quarter. Burkett Financial Services LLC now owns 3,569 shares of the company’s stock valued at $51,000 after buying an additional 769 shares during the period. CWM LLC lifted its position in Centerra Gold by 5.3% during the fourth quarter. CWM LLC now owns 16,300 shares of the company’s stock valued at $234,000 after buying an additional 820 shares in the last quarter. Finally, Pictet Asset Management Holding SA lifted its position in Centerra Gold by 3.5% during the first quarter. Pictet Asset Management Holding SA now owns 39,102 shares of the company’s stock valued at $693,000 after buying an additional 1,340 shares in the last quarter. 55.40% of the stock is currently owned by hedge funds and other institutional investors.

Centerra Gold Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Thursday, May 21st. Centerra Gold’s payout ratio is 6.77%.

Centerra Gold Company Profile

Centerra Gold Inc is a gold mining company incorporated in Canada and headquartered in Toronto. The company specializes in the exploration, development and operation of precious metals properties, with a focus on gold production. Centerra’s portfolio includes the Mount Milligan mine in British Columbia, Canada, and the Otjikoto mine in Namibia. Both operations produce gold and copper concentrates and employ modern mining methods and processing facilities to optimize recovery rates and minimize environmental impact.

In addition to its producing assets, Centerra is advancing the development of its Greenstone Gold Project in Ontario, Canada, which, upon completion, is expected to become one of Canada’s largest gold mines.