Cormark Weighs in on Centerra Gold's Q3 Earnings (NYSE:CGAU)

Centerra Gold Inc. (NYSE:CGAU - Free Report) - Cormark raised their Q3 2025 earnings per share (EPS) estimates for shares of Centerra Gold in a research report issued to clients and investors on Wednesday, May 7th. Cormark analyst R. Gray now anticipates that the company will earn $0.19 per share for the quarter, up from their prior 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 - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.12 earnings per share for the quarter, hitting analysts' consensus estimates of $0.12. The firm had revenue of $299.50 million during the quarter, compared to the consensus estimate of $288.25 million. Centerra Gold had a return on equity of 8.83% and a net margin of 6.62%.

Other equities research analysts also recently issued research reports about the company. National Bankshares reissued an "outperform" rating on shares of Centerra Gold in a report on Wednesday, April 23rd. Scotiabank reissued an "outperform" rating on shares of Centerra Gold in a report on Monday, April 14th. National Bank Financial raised Centerra Gold to a "strong-buy" rating in a report on Friday, March 21st. CIBC reissued a "neutral" rating on shares of Centerra Gold in a report on Thursday, March 20th. Finally, Desjardins downgraded Centerra Gold from a "moderate buy" rating to a "hold" rating in a report on Thursday, February 13th. 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 company currently has an average rating of "Moderate Buy" and a consensus target price of $12.00.

Centerra Gold Trading Up 2.5%

NYSE CGAU opened at $7.28 on Monday. The company has a market cap of $1.53 billion, a PE ratio of 20.22 and a beta of 0.80. Centerra Gold has a 12 month low of $5.41 and a 12 month high of $7.82. The stock has a 50 day moving average of $6.34 and a 200-day moving average of $6.20.

Hedge Funds Weigh In On Centerra Gold

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Donald Smith & CO. Inc. lifted its holdings in shares of Centerra Gold by 30.1% during the fourth quarter. Donald Smith & CO. Inc. now owns 8,723,060 shares of the company's stock worth $49,634,000 after buying an additional 2,017,756 shares in the last quarter. Amundi lifted its holdings in shares of Centerra Gold by 168.6% during the fourth quarter. Amundi now owns 2,628,623 shares of the company's stock worth $15,377,000 after buying an additional 1,650,160 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Centerra Gold by 24.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 5,808,773 shares of the company's stock worth $33,028,000 after buying an additional 1,126,825 shares in the last quarter. Man Group plc lifted its position in Centerra Gold by 43.2% during the fourth quarter. Man Group plc now owns 3,038,739 shares of the company's stock worth $17,283,000 after purchasing an additional 916,255 shares during the period. Finally, American Century Companies Inc. lifted its position in Centerra Gold by 34.1% during the fourth quarter. American Century Companies Inc. now owns 3,291,860 shares of the company's stock worth $18,733,000 after purchasing an additional 836,777 shares during the period. 55.40% of the stock is owned by institutional investors.

Centerra Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Shareholders of record on Thursday, May 22nd will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.28 dividend on an annualized basis and a yield of 3.85%. Centerra Gold's dividend payout ratio (DPR) is 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.

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