Raymond James Financial Forecasts Centerra Gold Q2 Earnings

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) - Analysts at Raymond James Financial lowered their Q2 2026 EPS estimates for shares of Centerra Gold in a research note issued on Friday, September 12th. Raymond James Financial analyst B. Macarthur now expects that the company will earn $0.14 per share for the quarter, down from their prior estimate of $0.18. The consensus estimate for Centerra Gold's current full-year earnings is $0.59 per share.

A number of other research analysts have also recently issued reports on the company. Cibc World Mkts raised Centerra Gold from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 27th. BMO Capital Markets downgraded shares of Centerra Gold from a "strong-buy" rating to a "hold" rating in a report on Friday, August 8th. National Bankshares reaffirmed an "outperform" rating on shares of Centerra Gold in a research note on Tuesday, June 24th. Wall Street Zen upgraded shares of Centerra Gold from a "hold" rating to a "buy" rating in a research note on Saturday, August 9th. Finally, Royal Bank Of Canada lowered Centerra Gold from an "outperform" rating to a "sector perform" rating and increased their price target for the stock from $13.00 to $14.00 in a research report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, Centerra Gold currently has an average rating of "Moderate Buy" and a consensus price target of $13.33.

Centerra Gold Trading Up 0.6%

CGAU stock opened at $9.23 on Monday. Centerra Gold has a 1-year low of $5.41 and a 1-year high of $9.43. The business's 50 day moving average is $7.59 and its 200-day moving average is $6.97. The firm has a market cap of $1.87 billion, a P/E ratio of 27.96, a P/E/G ratio of 0.70 and a beta of 0.81.

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

Institutional Investors Weigh In On Centerra Gold

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets acquired a new position in shares of Centerra Gold during the 4th quarter worth about $396,000. Deutsche Bank AG grew its holdings in 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 purchasing an additional 11,093 shares during the period. Invesco Ltd. increased its stake in Centerra Gold by 37.5% in the first quarter. Invesco Ltd. now owns 2,180,721 shares of the company's stock valued at $13,848,000 after purchasing an additional 594,674 shares in the last quarter. Nuveen Asset Management LLC raised its holdings in Centerra Gold by 3.1% in the fourth 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 during the period. Finally, Hsbc Holdings PLC boosted its position 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 worth $351,000 after purchasing an additional 2,499 shares in the last quarter. Institutional investors own 55.40% of the company's stock.

Centerra Gold Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Thursday, August 21st. Centerra Gold's dividend payout ratio (DPR) is currently 60.61%.

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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