NYSE:CCJCameco Stock Price, Forecast & News

Cameco's stock was trading at $7.02 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CCJ shares have increased by 48.9% and is now trading at $10.45. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cameco.

Cameco is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Cameco.

Cameco Corp (NYSE:CCJ) released its quarterly earnings results on Friday, May, 1st. The basic materials company reported $0.05 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.02) by $0.07. The basic materials company earned $346 million during the quarter, compared to analysts' expectations of $283 million. Cameco had a net margin of 3.86% and a return on equity of 2.10%. Cameco's revenue was up 16.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.08) EPS. View Cameco's earnings history.

Cameco announced an annual dividend on Friday, November 1st. Stockholders of record on Wednesday, November 27th will be given a dividend of $0.122 per share on Friday, December 13th. This represents a yield of 1.24%. The ex-dividend date of this dividend is Tuesday, November 26th. This is a boost from Cameco's previous annual dividend of $0.06. View Cameco's dividend history.

6 Wall Street analysts have issued 1 year target prices for Cameco's stock. Their forecasts range from $13.00 to $16.00. On average, they anticipate Cameco's stock price to reach $14.30 in the next year. This suggests a possible upside of 36.8% from the stock's current price. View analysts' price targets for Cameco.

Media stories about CCJ stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cameco earned a coverage optimism score of -1.9 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 8.0 out of 10, meaning that recent press coverage is very likely to have an effect on the company's share price in the near future. View the latest news aboutCameco.

Cameco saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 13,630,000 shares, a drop of 7.3% from the April 30th total of 14,710,000 shares. Based on an average daily trading volume, of 3,790,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 3.5% of the shares of the stock are sold short. View Cameco's Current Options Chain.

Some companies that are related to Cameco include Imperial Oil (IMO), ANGLOGOLD/IDR UNRESTR (AGG), NEWCREST MNG LT/ADR (NCMGY), NOVOZYMES A/S/S (NVZMY), Freeport-McMoRan (FCX), International Paper (IP), UPM-Kymmene (UPMKY), Agnico Eagle Mines (AEM), Kirkland Lake Gold (KL), POSCO (PKX), Symrise (SY1), Nucor (NUE), FMC (FMC), Range Resources (RRL) and Goldcorp (G). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cameco investors own include Cameco (CCO), Freeport-McMoRan (FCX), General Electric (GE), Ford Motor (F), Intel (INTC), Gilead Sciences (GILD), Energy Transfer LP Unit (ET), Exxon Mobil (XOM), Cisco Systems (CSCO) and Walt Disney (DIS).

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

Cameco's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Kopernik Global Investors LLC (2.87%), William Blair Investment Management LLC (2.68%), Exor Investments UK LLP (2.18%), Russell Investments Group Ltd. (1.99%), Guardian Capital LP (1.51%) and Morgan Stanley (0.98%).

CCJ stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Exor Investments UK LLP, Natixis Advisors L.P., Jupiter Asset Management Ltd., Toronto Dominion Bank, Morgan Stanley, Deutsche Bank AG, and Alberta Investment Management Corp.

CCJ stock was bought by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Morgan Stanley, The Manufacturers Life Insurance Company , Russell Investments Group Ltd., Luminus Management LLC, Parametric Portfolio Associates LLC, Connor Clark & Lunn Investment Management Ltd., and Progeny 3 Inc..

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

One share of CCJ stock can currently be purchased for approximately $10.45.

Cameco has a market capitalization of $4.14 billion and generates $1.40 billion in revenue each year. The basic materials company earns $55.77 million in net income (profit) each year or $0.08 on an earnings per share basis. Cameco employs 1,885 workers across the globe.

The official website for Cameco is www.cameco.com.

Cameco's mailing address is 2121 11TH ST W, SASKATOON A9, S7M 1J3. The basic materials company can be reached via phone at 306-956-6200.