FY2025 EPS Estimate for Centerra Gold Increased by Analyst

Centerra Gold Inc. (NYSE:CGAU - Free Report) - Research analysts at Raymond James Financial upped their FY2025 EPS estimates for shares of Centerra Gold in a report issued on Thursday, August 7th. Raymond James Financial analyst B. Macarthur now forecasts that the company will post earnings of $0.67 per share for the year, up from their previous estimate of $0.66. The consensus estimate for Centerra Gold's current full-year earnings is $0.59 per share. Raymond James Financial also issued estimates for Centerra Gold's Q1 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.18 EPS, Q4 2026 earnings at $0.18 EPS and FY2026 earnings at $0.64 EPS.

Centerra Gold (NYSE:CGAU - Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.08. Centerra Gold had a net margin of 6.21% and a return on equity of 9.12%. The company had revenue of $288.30 million for the quarter, compared to analysts' expectations of $319.42 million.

CGAU has been the subject of several other reports. BMO Capital Markets downgraded Centerra Gold from a "strong-buy" rating to a "hold" rating in a report on Friday, August 8th. National Bankshares reiterated an "outperform" rating on shares of Centerra Gold in a report on Tuesday, June 24th. Cibc World Mkts raised shares of Centerra Gold from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 27th. CIBC restated an "outperform" rating on shares of Centerra Gold in a report on Tuesday, July 15th. Finally, Wall Street Zen upgraded Centerra Gold from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $13.00.

Centerra Gold Price Performance

Shares of CGAU traded down $0.04 during mid-day trading on Monday, reaching $7.02. 503,351 shares of the company's stock were exchanged, compared to its average volume of 930,940. The stock has a market capitalization of $1.43 billion, a PE ratio of 21.26, a price-to-earnings-growth ratio of 0.45 and a beta of 0.80. The business's fifty day simple moving average is $7.21 and its 200-day simple moving average is $6.71. Centerra Gold has a 52-week low of $5.41 and a 52-week high of $7.82.

Institutional Trading of Centerra Gold

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets acquired a new stake in Centerra Gold in the 4th quarter valued at approximately $396,000. Deutsche Bank AG grew its holdings in shares of Centerra Gold by 91.5% during the 4th quarter. Deutsche Bank AG now owns 23,218 shares of the company's stock worth $132,000 after purchasing an additional 11,093 shares in the last quarter. Nuveen Asset Management LLC grew its holdings in shares of Centerra Gold by 3.1% during the 4th quarter. Nuveen Asset Management LLC now owns 1,890,136 shares of the company's stock worth $10,750,000 after purchasing an additional 57,609 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Centerra Gold by 15.6% during the 4th quarter. Geode Capital Management LLC now owns 525,967 shares of the company's stock worth $2,993,000 after purchasing an additional 71,028 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in shares of Centerra Gold by 0.3% during the 4th quarter. Millennium Management LLC now owns 585,238 shares of the company's stock worth $3,330,000 after purchasing an additional 1,663 shares in the last quarter. Institutional investors and hedge funds own 55.40% of the company's stock.

Centerra Gold Dividend Announcement

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

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.