Raymond James Has Pessimistic Outlook of Cameco Q3 Earnings

Cameco Co. (NYSE:CCJ) (TSE:CCO) – Research analysts at Raymond James dropped their Q3 2025 earnings per share (EPS) estimates for Cameco in a report issued on Thursday, January 2nd. Raymond James analyst B. Macarthur now anticipates that the basic materials company will post earnings per share of $0.33 for the quarter, down from their previous forecast of $0.39. The consensus estimate for Cameco’s current full-year earnings is $0.51 per share. Raymond James also issued estimates for Cameco’s Q4 2025 earnings at $0.54 EPS.

Cameco (NYSE:CCJ) (TSE:CCO) last released its earnings results on Thursday, November 7th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.40). Cameco had a return on equity of 3.33% and a net margin of 4.15%. The business had revenue of $721.00 million for the quarter, compared to analyst estimates of $646.83 million. During the same quarter in the previous year, the firm posted $0.24 EPS. The business’s revenue for the quarter was up 25.4% on a year-over-year basis.

Separately, Janney Montgomery Scott upgraded Cameco to a “strong-buy” rating in a report on Friday, October 4th. One analyst has rated the stock with a sell rating, five have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $66.56.

Cameco Stock Performance

NYSE CCJ opened at $53.12 on Friday. The company has a current ratio of 2.88, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20. The business’s 50 day moving average is $54.96 and its two-hundred day moving average is $49.27. Cameco has a 12-month low of $35.43 and a 12-month high of $62.55. The stock has a market capitalization of $23.12 billion, a price-to-earnings ratio of 279.59 and a beta of 0.91.

Cameco Increases Dividend

The business also recently announced an annual dividend, which was paid on Friday, December 13th. Investors of record on Wednesday, November 27th were paid a $0.118 dividend. The ex-dividend date of this dividend was Wednesday, November 27th. This represents a yield of 0.22%. This is a positive change from Cameco’s previous annual dividend of $0.09. Cameco’s dividend payout ratio is presently 57.89%.

Institutional Investors Weigh In On Cameco

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. William Blair Investment Management LLC lifted its stake in shares of Cameco by 6.8% during the 2nd quarter. William Blair Investment Management LLC now owns 4,160,009 shares of the basic materials company’s stock worth $204,672,000 after purchasing an additional 265,196 shares during the period. Driehaus Capital Management LLC lifted its stake in shares of Cameco by 4.7% during the 2nd quarter. Driehaus Capital Management LLC now owns 3,915,086 shares of the basic materials company’s stock worth $192,622,000 after purchasing an additional 176,183 shares during the period. CIBC Asset Management Inc raised its position in shares of Cameco by 58.0% in the 3rd quarter. CIBC Asset Management Inc now owns 3,777,866 shares of the basic materials company’s stock worth $181,382,000 after buying an additional 1,386,639 shares during the period. Cibc World Market Inc. boosted its holdings in Cameco by 3.7% in the second quarter. Cibc World Market Inc. now owns 3,272,805 shares of the basic materials company’s stock valued at $161,022,000 after acquiring an additional 117,722 shares during the last quarter. Finally, National Bank of Canada FI grew its position in Cameco by 16.9% during the second quarter. National Bank of Canada FI now owns 2,634,371 shares of the basic materials company’s stock valued at $129,540,000 after acquiring an additional 381,176 shares during the period. Hedge funds and other institutional investors own 70.21% of the company’s stock.

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.