Cameco - CCJ Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CCJ shares.
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8 analysts have issued 1-year price targets for Cameco's stock. Their CCJ share price forecasts range from $37.00 to $47.00. On average, they anticipate the company's stock price to reach $42.88 in the next twelve months. This suggests a possible upside of 69.5% from the stock's current price.
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Cameco's stock was trading at $21.81 at the beginning of the year. Since then, CCJ stock has increased by 16.0% and is now trading at $25.29.
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Cameco saw a increase in short interest in August. As of August 31st, there was short interest totaling 14,200,000 shares, an increase of 19.3% from the August 15th total of 11,900,000 shares. Based on an average daily trading volume, of 5,980,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 3.6% of the shares of the stock are sold short.
View Cameco's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our CCJ earnings forecast.

Cameco Co. (NYSE:CCJ) released its earnings results on Wednesday, July, 27th. The basic materials company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.16. The basic materials company earned $437.25 million during the quarter. Cameco had a net margin of 3.48% and a trailing twelve-month return on equity of 1.17%.

Cameco declared an annual dividend on Wednesday, February 9th. Stockholders of record on Wednesday, November 30th will be paid a dividend of $0.094 per share on Thursday, December 15th. This represents a dividend yield of 0.41%. The ex-dividend date of this dividend is Tuesday, November 29th. This is a boost from the stock's previous annual dividend of $0.06.
Read our dividend analysis for CCJ.

Cameco (NYSE:CCJ) pays an annual dividend of $0.06 per share and currently has a dividend yield of 0.24%. 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 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CCJ will have a dividend payout ratio of 5.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CCJ.

Cameco issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.36 billion-$1.47 billion, compared to the consensus revenue estimate of $1.40 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 a variety of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (3.65%), William Blair Investment Management LLC (3.08%), Exor Capital LLP (2.30%), FMR LLC (2.05%), Keybank National Association OH (1.74%) and Alps Advisors Inc. (1.45%).

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 $25.29.

Cameco (NYSE:CCJ) has a market capitalization of $10.08 billion and generates $1.18 billion in revenue each year. The basic materials company earns $-81,850,000.00 in net income (profit) each year or $0.12 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.