Cameco (CCJ) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CCJ shares.
View CCJ analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 1-year price targets for Cameco's shares. Their CCJ share price forecasts range from $44.00 to $51.00. On average, they predict the company's stock price to reach $48.75 in the next year. This suggests a possible upside of 56.0% from the stock's current price.
View analysts price targets for CCJ or view top-rated stocks among Wall Street analysts.

Cameco's stock was trading at $22.67 on January 1st, 2023. Since then, CCJ shares have increased by 37.9% and is now trading at $31.26.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our CCJ earnings forecast.

Cameco Co. (NYSE:CCJ) posted its quarterly earnings data on Thursday, October, 28th. The basic materials company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by $0.10. The basic materials company had revenue of $361 million for the quarter, compared to the consensus estimate of $422.49 million. Cameco had a net margin of 7.84% and a trailing twelve-month return on equity of 4.26%. The business's revenue was down 4.7% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.15) EPS.

ETFs with the largest weight of Cameco (NYSE:CCJ) stock in their portfolio include iShares North American Natural Resources ETF (IGE).iShares MSCI Intl Momentum Factor ETF (IMTM).

Cameco (NYSE:CCJ) pays an annual dividend of $0.09 per share and currently has a dividend yield of 0.29%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CCJ will have a dividend payout ratio of 5.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CCJ.

Cameco updated its FY 2023 earnings guidance on Friday, April, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.64 billion-$1.75 billion, compared to the consensus revenue estimate of $2.42 billion.

37 employees have rated Cameco Chief Executive Officer Tim Gitzel on Glassdoor.com. Tim Gitzel has an approval rating of 65% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cameco investors own include Cameco (CCO), Freeport-McMoRan (FCX), General Electric (GE), Intel (INTC), Energy Transfer (ET), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Ford Motor (F), Gilead Sciences (GILD) and Barrick Gold (GOLD).

Cameco trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCJ."

Cameco's stock is owned by many different retail and institutional investors. Top institutional investors include FMR LLC (4.92%), Mirae Asset Global Investments Co. Ltd. (3.17%), William Blair Investment Management LLC (2.36%), Price T Rowe Associates Inc. MD (1.51%), Keybank National Association OH (1.51%) and FIL Ltd (1.48%).

Shares of CCJ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CCJ stock can currently be purchased for approximately $31.26.

Cameco (NYSE:CCJ) has a market capitalization of $13.54 billion and generates $1.44 billion in revenue each year. The basic materials company earns $68.75 million in net income (profit) each year or $0.29 on an earnings per share basis.

The company employs 1,931 workers across the globe.

Cameco's mailing address is 2121 11TH ST W, SASKATOON A9, S7M 1J3. The official website for the company is www.cameco.com. The basic materials company can be reached via phone at (306) 956-6200 or via fax at 306-956-6201.