FY2025 EPS Estimates for Centerra Gold Cut by Analyst

Centerra Gold Inc. (NYSE:CGAU) – Equities research analysts at National Bank Financial decreased their FY2025 EPS estimates for shares of Centerra Gold in a research note issued on Tuesday, September 23rd. National Bank Financial analyst D. Demarco now expects that the company will earn $0.73 per share for the year, down from their previous estimate of $1.25. The consensus estimate for Centerra Gold’s current full-year earnings is $0.59 per share. National Bank Financial also issued estimates for Centerra Gold’s FY2026 earnings at $0.95 EPS.

Centerra Gold (NYSE:CGAU) last announced its earnings results on Wednesday, August 6th. The company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.08. Centerra Gold had a net margin of 6.21% and a return on equity of 9.12%. The business had revenue of $288.30 million during the quarter, compared to analysts’ expectations of $319.42 million.

CGAU has been the subject of a number of other research reports. BMO Capital Markets reissued a “market perform” rating on shares of Centerra Gold in a report on Monday, September 15th. CIBC reiterated an “outperform” rating on shares of Centerra Gold in a research report on Tuesday, July 15th. National Bankshares restated an “outperform” rating on shares of Centerra Gold in a report on Tuesday, June 24th. Scotiabank lowered their target price on Centerra Gold from $12.00 to $9.50 and set a “sector outperform” rating for the company in a research note on Tuesday, September 16th. Finally, Royal Bank Of Canada cut Centerra Gold from an “outperform” rating to a “sector perform” rating and lifted their price target for the company from $13.00 to $14.00 in a report on Wednesday, September 10th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $12.83.

Centerra Gold Trading Up 1.3%

Shares of Centerra Gold stock opened at $9.91 on Friday. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 30.02, a P/E/G ratio of 2.67 and a beta of 0.82. Centerra Gold has a 1-year low of $5.41 and a 1-year high of $9.98. The firm’s 50-day moving average price is $8.00 and its two-hundred day moving average price is $7.19.

Centerra Gold Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were given a dividend of $0.07 per share. The ex-dividend date was Thursday, August 21st. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.8%. Centerra Gold’s payout ratio is presently 60.61%.

Hedge Funds Weigh In On Centerra Gold

Hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new stake in Centerra Gold during the 2nd quarter worth about $27,000. Osaic Holdings Inc. boosted its stake in shares of Centerra Gold by 63.0% in the 2nd quarter. Osaic Holdings Inc. now owns 4,758 shares of the company’s stock valued at $34,000 after purchasing an additional 1,839 shares during the last quarter. Pinnacle Holdings LLC acquired a new stake in shares of Centerra Gold during the 1st quarter worth approximately $39,000. Vise Technologies Inc. acquired a new stake in shares of Centerra Gold during the 4th quarter worth approximately $58,000. Finally, Carrera Capital Advisors bought a new stake in shares of Centerra Gold during the second quarter worth approximately $81,000. Institutional investors own 55.40% of the company’s stock.

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.