FY2026 EPS Estimates for Centerra Gold Reduced by Scotiabank

Key Points

• Scotiabank lowered its FY2026 EPS estimate for Centerra Gold to $1.52 from $1.55, below the $1.63 consensus estimate, while maintaining an “Outperform” rating. The bank expects FY2027 EPS of $1.29.
• Centerra Gold’s latest quarterly results modestly exceeded expectations, with EPS of $0.39 versus the $0.38 consensus and revenue of $442.71 million versus estimates of $394.27 million.
• The stock carries a “Moderate Buy” consensus rating, with five analysts rating it Buy and two Hold, alongside a consensus price target of $21.00. Institutional investors own 55.4% of the shares, and the company pays a quarterly dividend of C$0.07.

Centerra Gold Inc. (NYSE:CGAU - Free Report) - Equities research analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for Centerra Gold in a research note issued on Thursday, October 1st. Scotiabank analyst O. Habib now expects that the company will earn $1.52 per share for the year, down from their previous estimate of $1.55. Scotiabank currently has a "Outperform" rating on the stock. The consensus estimate for Centerra Gold's current full-year earnings is $1.63 per share. Scotiabank also issued estimates for Centerra Gold's FY2027 earnings at $1.29 EPS.

Centerra Gold (NYSE:CGAU - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.01. The company had revenue of $442.71 million during the quarter, compared to analysts' expectations of $394.27 million. Centerra Gold had a return on equity of 15.35% and a net margin of 36.92%.

A number of other analysts have also issued reports on the stock. Canadian Imperial Bank of Commerce reissued an "outperform" rating on shares of Centerra Gold in a research note on Thursday, July 30th. Weiss Ratings raised shares of Centerra Gold from a "buy (b-)" rating to a "buy (b)" rating in a research note on Monday, August 31st. Finally, Wall Street Zen lowered shares of Centerra Gold from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $21.00.

Centerra Gold Stock Performance

CGAU stock opened at $21.46 on Monday. The company has a quick ratio of 1.49, a current ratio of 2.42 and a debt-to-equity ratio of 0.03. The business's fifty day simple moving average is $21.66 and its two-hundred day simple moving average is $18.73. Centerra Gold has a twelve month low of $10.46 and a twelve month high of $24.52. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 6.86, a PEG ratio of 0.80 and a beta of 0.84.

Institutional Investors Weigh In On Centerra Gold

Institutional investors and hedge funds have recently bought and sold shares of the company. Donald Smith & CO. Inc. bought a new position in shares of Centerra Gold during the 2nd quarter worth $245,004,000. Arrowstreet Capital Limited Partnership raised its holdings in shares of Centerra Gold by 0.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 8,314,250 shares of the company's stock valued at $147,899,000 after acquiring an additional 39,315 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Centerra Gold in the second quarter worth about $37,142,000. Heartland Advisors Inc. lifted its stake in Centerra Gold by 0.7% in the first quarter. Heartland Advisors Inc. now owns 2,216,216 shares of the company's stock worth $39,426,000 after acquiring an additional 14,766 shares during the period. Finally, Neumeier Poma Investment Counsel LLC purchased a new stake in Centerra Gold in the second quarter worth about $32,524,070. 55.40% of the stock is owned by institutional investors.

Centerra Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th were issued a dividend of C$0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.3%. The ex-dividend date was Wednesday, August 19th. Centerra Gold's dividend payout ratio (DPR) is presently 6.39%.

Centerra Gold Company Profile

Centerra Gold Inc is a Canadian-based, intermediate gold and copper producer headquartered in Toronto, Ontario. The company explores, develops and operates precious- and base-metal properties, with a focus on responsible mining and the production of gold and copper concentrates and doré.

Centerra's principal operating assets include the Mount Milligan copper-gold mine in British Columbia, Canada, and the Öksüt gold mine in Türkiye. Mount Milligan produces copper and gold concentrate, while Öksüt is an open-pit, heap-leach operation that produces gold doré.

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