FY2025 Earnings Forecast for Centerra Gold Issued By Cormark

Key Points

• Cormark has upgraded its FY2025 earnings per share (EPS) estimate for Centerra Gold to $0.71, an increase from the previous forecast of $0.66.
• The company recently announced a quarterly dividend of $0.07 per share, which will be paid to stockholders of record on August 21st.
• Centerra Gold's stock currently has a consensus rating of "Moderate Buy" from analysts, with an average target price of $13.00.

Centerra Gold Inc. (NYSE:CGAU - Free Report) - Stock analysts at Cormark upped their FY2025 earnings per share (EPS) estimates for Centerra Gold in a note issued to investors on Monday, August 11th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $0.71 for the year, up from their previous forecast of $0.66. The consensus estimate for Centerra Gold's current full-year earnings is $0.59 per share. Cormark also issued estimates for Centerra Gold's Q4 2025 earnings at $0.24 EPS, FY2026 earnings at $0.85 EPS and FY2027 earnings at $1.30 EPS.

CGAU has been the topic of a number of other reports. National Bankshares restated an "outperform" rating on shares of Centerra Gold in a research note on Tuesday, June 24th. CIBC reaffirmed an "outperform" rating on shares of Centerra Gold in a research note on Tuesday, July 15th. Cibc World Mkts upgraded shares of Centerra Gold from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 27th. Scotiabank restated an "outperform" rating on shares of Centerra Gold in a research report on Monday, April 14th. Finally, Wall Street Zen upgraded Centerra Gold from a "hold" rating to a "buy" rating in a research report on Saturday. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Centerra Gold has a consensus rating of "Moderate Buy" and an average target price of $13.00.

Centerra Gold Price Performance

CGAU opened at $7.05 on Tuesday. The stock's 50 day moving average price is $7.23 and its 200 day moving average price is $6.70. The stock has a market cap of $1.44 billion, a P/E ratio of 21.35, a P/E/G ratio of 0.46 and a beta of 0.80. 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 released its quarterly earnings data on Wednesday, August 6th. The company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.08. The business had revenue of $288.30 million for the quarter, compared to analysts' expectations of $319.42 million. Centerra Gold had a net margin of 6.21% and a return on equity of 9.12%.

Centerra Gold Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, August 21st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.0%. Centerra Gold's payout ratio is 60.61%.

Institutional Trading of Centerra Gold

Institutional investors and hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC purchased a new position in shares of Centerra Gold in the second quarter worth approximately $27,000. Pinnacle Holdings LLC acquired a new stake in Centerra Gold during the 1st quarter valued at $39,000. Vise Technologies Inc. purchased a new stake in shares of Centerra Gold in the fourth quarter valued at $58,000. Susquehanna Advisors Group Inc. acquired a new stake in shares of Centerra Gold in the fourth quarter worth $61,000. Finally, OMERS ADMINISTRATION Corp purchased a new position in shares of Centerra Gold during the fourth quarter valued at $79,000. Institutional investors and hedge funds 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.

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