Analysts Set Expectations for Centerra Gold FY2025 Earnings

Centerra Gold Inc. (NYSE:CGAU - Free Report) - Equities research analysts at National Bank Financial upped their FY2025 earnings estimates for shares of Centerra Gold in a research note issued to investors on Tuesday, April 22nd. National Bank Financial analyst D. Demarco now forecasts that the company will earn $0.82 per share for the year, up from their previous forecast of $0.53. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Centerra Gold's current full-year earnings is $0.59 per share. National Bank Financial also issued estimates for Centerra Gold's FY2026 earnings at $1.05 EPS.

Several other research firms have also recently weighed in on CGAU. CIBC restated a "neutral" rating on shares of Centerra Gold in a research report on Thursday, March 20th. Scotiabank reiterated an "outperform" rating on shares of Centerra Gold in a report on Monday, April 14th. Desjardins lowered Centerra Gold from a "moderate buy" rating to a "hold" rating in a research note on Thursday, February 13th. National Bankshares reissued an "outperform" rating on shares of Centerra Gold in a research note on Wednesday, April 23rd. Finally, Cormark lowered Centerra Gold from a "moderate buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Four research 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 company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $12.00.

Centerra Gold Trading Up 0.3 %

Shares of Centerra Gold stock traded up $0.02 on Friday, hitting $6.62. 126,493 shares of the company traded hands, compared to its average volume of 847,532. The firm's 50-day simple moving average is $6.18 and its 200 day simple moving average is $6.23. The company has a market cap of $1.39 billion, a P/E ratio of 18.39 and a beta of 0.81. Centerra Gold has a 12-month low of $5.41 and a 12-month high of $7.82.

Centerra Gold (NYSE:CGAU - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.03). Centerra Gold had a return on equity of 8.83% and a net margin of 6.62%. The firm had revenue of $302.40 million during the quarter, compared to analysts' expectations of $316.92 million.

Centerra Gold Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th were given a $0.07 dividend. The ex-dividend date was Thursday, March 13th. This represents a $0.28 annualized dividend and a dividend yield of 4.23%. This is a positive change from Centerra Gold's previous quarterly dividend of $0.05. Centerra Gold's dividend payout ratio is currently 52.78%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC raised its position in shares of Centerra Gold by 378.7% in the 3rd quarter. Geode Capital Management LLC now owns 454,939 shares of the company's stock worth $4,152,000 after acquiring an additional 359,905 shares in the last quarter. HighTower Advisors LLC bought a new position in shares of Centerra Gold in the 3rd quarter worth approximately $127,000. Raymond James Financial Inc. bought a new position in shares of Centerra Gold in the 4th quarter worth approximately $268,000. Barclays PLC grew its stake in shares of Centerra Gold by 284.5% in the 3rd quarter. Barclays PLC now owns 74,930 shares of the company's stock worth $537,000 after buying an additional 55,444 shares during the last quarter. Finally, American Century Companies Inc. grew its stake in shares of Centerra Gold by 34.1% in the 4th quarter. American Century Companies Inc. now owns 3,291,860 shares of the company's stock worth $18,733,000 after buying an additional 836,777 shares during the last quarter. Institutional investors own 55.40% of the company's stock.

Centerra Gold Company Profile

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.