Cameco - CCO Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cameco in the last year. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CCO shares.
View CCO analyst ratings or view top-rated stocks.

5 brokers have issued 12-month target prices for Cameco's shares. Their CCO share price forecasts range from C$45.00 to C$50.00. On average, they expect the company's share price to reach C$47.86 in the next year. This suggests a possible upside of 35.2% from the stock's current price.
View analysts price targets for CCO or view top-rated stocks among Wall Street analysts.

Cameco's stock was trading at C$30.69 at the start of the year. Since then, CCO shares have increased by 15.3% and is now trading at C$35.39.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our CCO earnings forecast.

Cameco Co. (TSE:CCO) issued its earnings results on Friday, February, 7th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.21. The business earned $874 million during the quarter. Cameco had a trailing twelve-month return on equity of 1.67% and a net margin of 4.78%. During the same period last year, the business earned ($0.05) earnings per share.

Cameco (TSE:CCO) pays an annual dividend of C$0.12 per share and currently has a dividend yield of 0.36%. The dividend payout ratio is 54.55%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for CCO.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cameco investors own include Intact Financial (IFC), Constellation Software (CSU), Cameco (CCJ), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), AbbVie (ABBV), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Wheaton Precious Metals (WPM) and Enbridge (ENB).

Cameco trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CCO."

Shares of CCO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of CCO stock can currently be purchased for approximately C$35.39.

Cameco (TSE:CCO) has a market capitalization of C$15.31 billion and generates C$1.87 billion in revenue each year. The company earns C$89.38 million in net income (profit) each year or C$0.22 on an earnings per share basis.

The company employs 4,800 workers across the globe.

Cameco's mailing address is 2121 11th St W, SASKATOON, SK S7M 1J3, Canada. The official website for the company is www.cameco.com. The company can be reached via phone at +1-306-9566200.