Q2 EPS Estimates for Centerra Gold Decreased by Analyst

Key Points

• Raymond James Financial has reduced its Q2 2026 earnings per share (EPS) estimate for Centerra Gold to $0.14, down from a previous estimate of $0.18, while the consensus for the full year remains at $0.59 per share.
• Centerra Gold's stock has received mixed ratings from various analysts, with two upgrading to "Strong Buy" and others downgrading, resulting in an average rating of "Moderate Buy" and a consensus price target of $13.33.
• The company recently declared a quarterly dividend of $0.07 per share, maintaining a dividend yield of 3.0% and a payout ratio of 60.61%.

Centerra Gold Inc. (NYSE:CGAU - Free Report) - Research analysts at Raymond James Financial cut their Q2 2026 EPS estimates for Centerra Gold in a note issued to investors on Friday, September 12th. Raymond James Financial analyst B. Macarthur now anticipates that the company will earn $0.14 per share for the quarter, down from their prior forecast of $0.18. The consensus estimate for Centerra Gold's current full-year earnings is $0.59 per share.

Centerra Gold (NYSE:CGAU - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The company reported $0.25 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $319.42 million.

A number of other equities analysts also recently issued reports on the stock. Cibc World Mkts raised shares of Centerra Gold from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, May 27th. National Bankshares reissued an "outperform" rating on shares of Centerra Gold in a research note on Tuesday, June 24th. BMO Capital Markets restated a "market perform" rating on shares of Centerra Gold in a report on Monday. Wall Street Zen upgraded shares of Centerra Gold from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Finally, Royal Bank Of Canada cut shares of Centerra Gold from an "outperform" rating to a "sector perform" rating and upped their price objective for the stock from $13.00 to $14.00 in a report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $12.83.

Centerra Gold Price Performance

CGAU stock traded up $0.30 during trading on Monday, reaching $9.53. The company had a trading volume of 4,652,101 shares, compared to its average volume of 1,729,713. Centerra Gold has a 52 week low of $5.41 and a 52 week high of $9.57. The company has a market cap of $1.93 billion, a P/E ratio of 28.88, a PEG ratio of 2.52 and a beta of 0.82. The business has a 50 day moving average of $7.79 and a 200 day moving average of $7.08.

Institutional Investors Weigh In On Centerra Gold

Institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets purchased a new stake in shares of Centerra Gold during the fourth quarter valued at approximately $396,000. Deutsche Bank AG grew its holdings in shares of Centerra Gold by 91.5% during the fourth quarter. Deutsche Bank AG now owns 23,218 shares of the company's stock valued at $132,000 after buying an additional 11,093 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Centerra Gold by 37.5% during the first quarter. Invesco Ltd. now owns 2,180,721 shares of the company's stock valued at $13,848,000 after buying an additional 594,674 shares during the last quarter. Nuveen Asset Management LLC grew its holdings in shares of Centerra Gold by 3.1% during the fourth quarter. Nuveen Asset Management LLC now owns 1,890,136 shares of the company's stock valued at $10,750,000 after buying an additional 57,609 shares during the last quarter. Finally, Hsbc Holdings PLC grew its holdings in shares of Centerra Gold by 4.7% during the first quarter. Hsbc Holdings PLC now owns 55,268 shares of the company's stock valued at $351,000 after buying an additional 2,499 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 declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were issued a dividend of $0.07 per share. The ex-dividend date was Thursday, August 21st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.9%. Centerra Gold's dividend payout ratio is presently 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.