FY2026 EPS Estimates for Centerra Gold Raised by Scotiabank

Key Points

• Scotiabank raised Centerra Gold’s FY2026 EPS estimate to $1.55 from $1.53 and maintained an “Outperform” rating, though the forecast remains below the $1.63 analyst consensus.
• Centerra Gold exceeded quarterly expectations, reporting EPS of $0.39 versus the $0.38 consensus and revenue of $442.71 million compared with estimates of $394.27 million.
• The company declared a quarterly dividend of $0.07 per share, implying an annualized payout of $0.28 and a 1.4% yield; institutional investors own 55.4% of the stock.

Centerra Gold Inc. (NYSE:CGAU - Free Report) - Scotiabank upped their FY2026 earnings per share (EPS) estimates for shares of Centerra Gold in a research report issued to clients and investors on Tuesday, August 4th. Scotiabank analyst O. Habib now anticipates that the company will post earnings of $1.55 per share for the year, up from their previous forecast of $1.53. 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.

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

Several other equities research analysts also recently issued reports on CGAU. Canadian Imperial Bank of Commerce reiterated an "outperform" rating on shares of Centerra Gold in a research note on Thursday, July 30th. Wall Street Zen lowered shares of Centerra Gold from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. Finally, Weiss Ratings cut shares of Centerra Gold from a "buy (b)" rating to a "buy (b-)" rating in a research report on Tuesday, July 28th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $17.50.

Centerra Gold Trading Up 1.9%

NYSE CGAU opened at $19.83 on Friday. The firm has a market capitalization of $3.89 billion, a price-to-earnings ratio of 6.34, a PEG ratio of 0.73 and a beta of 0.80. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.49 and a current ratio of 2.42. Centerra Gold has a one year low of $6.71 and a one year high of $21.17. The company's 50 day moving average price is $16.48 and its 200 day moving average price is $17.61.

Institutional Trading of Centerra Gold

A number of hedge funds have recently made changes to their positions in CGAU. Cubist Systematic Strategies LLC acquired a new stake in Centerra Gold during the 1st quarter valued at $192,000. Dynamic Technology Lab Private Ltd acquired a new position in Centerra Gold in the 1st quarter worth $97,000. Goldman Sachs Group Inc. lifted its holdings in Centerra Gold by 57.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 13,344,727 shares of the company's stock worth $84,739,000 after buying an additional 4,853,494 shares in the last quarter. Empowered Funds LLC purchased a new position in Centerra Gold in the 1st quarter valued at about $218,000. Finally, Geode Capital Management LLC boosted its position in Centerra Gold by 20.3% in the 2nd quarter. Geode Capital Management LLC now owns 767,536 shares of the company's stock valued at $5,534,000 after buying an additional 129,737 shares during the last quarter. Hedge funds and other institutional investors own 55.40% of the company's stock.

Centerra Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be given a $0.07 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.28 annualized dividend and a yield of 1.4%. Centerra Gold's dividend payout ratio (DPR) is 6.71%.

Centerra Gold Company Profile

Centerra Gold Inc is a gold mining company incorporated in Canada and headquartered in Toronto. The company specializes in the exploration, development and operation of precious metals properties, with a focus on gold production. Centerra's portfolio includes the Mount Milligan mine in British Columbia, Canada, and the Otjikoto mine in Namibia. Both operations produce gold and copper concentrates and employ modern mining methods and processing facilities to optimize recovery rates and minimize environmental impact.

In addition to its producing assets, Centerra is advancing the development of its Greenstone Gold Project in Ontario, Canada, which, upon completion, is expected to become one of Canada's largest gold mines.

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